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Andresen on BitCoin and Virtual Currency

Author
EconTalk: Russ Roberts
Published
Mon 04 Apr 2011
Episode Link
http://files.libertyfund.org/econtalk/y2011/Andresenbitcoin.mp3

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?

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