Cryptocurrencies and blockchain: Techno-gold or fool’s gold? | LIVE STREAM
The rise and fall in the price of bitcoin and competing cryptocurrencies make headlines daily. Are bitcoin and its competitors viable currencies or just a fad that will fade if a speculative bubble bursts? Is the underlying blockchain technology that makes bitcoin possible an important financial innovation? Do cryptocurriencies create economic value, or are they valuable because they hide transactions from governments? Will (and should) governments kill cryptocurrencies or allow them to develop into important major payments systems?
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