EconTalk
EconTalk
Russ Roberts
Gavin Andresen on BitCoin and Virtual Currency
57 minutes Posted Apr 4, 2011 at 6:30 am.
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Gavin Andresen, Principal of the BitCoin Virtual Currency Project, talks with EconTalk host Russ Roberts about BitCoin, an innovative attempt to create a decentralized electronic currency. Andresen explains the origins of BitCoin, how new currency gets created, how you can acquire BitCoins and the prospects for BitCoin's future. Can it compete with government-sanctioned money? How can users trust it? What threatens BitCoin and how might it thrive?