Boom Bust Season 1 Episode 84 Bitcoin Is Maturing: Patrick Byrne and Jinyoung Lee Englund On the Cryptocurrency
- TV-PG
- March 19, 2014
Bitcoin has been a hot topic in the financial world for years now, and with each passing day, it seems to become more and more important. In episode 84 of Boom Bust, entitled "Bitcoin Is Maturing: Patrick Byrne and Jinyoung Lee Englund On the Cryptocurrency," hosts Bart Chilton and Christy Ai discuss the latest developments in the world of Bitcoin.
The episode features interviews with two experts on the subject: Patrick Byrne, the CEO of Overstock.com and a long-time advocate for Bitcoin, and Jinyoung Lee Englund, a communications director for the Bitcoin Foundation.
During the interviews, Byrne and Englund discuss the current state of Bitcoin and its future potential. They touch on a range of topics, including the stability of the currency, its potential use in the developing world, and its role in global commerce.
Byrne, who has been a supporter of Bitcoin since 2013, believes that the cryptocurrency will continue to gain mainstream acceptance as it becomes more stable. He points out that Bitcoin has been around for over a decade now and has weathered numerous ups and downs, which suggests that it is here to stay.
Englund, on the other hand, emphasizes the importance of education when it comes to Bitcoin. She notes that there is still a lot of confusion about what Bitcoin is, how it works, and what its potential uses are. As such, she believes that more needs to be done to educate the general public about the cryptocurrency.
One of the most interesting aspects of the episode is the discussion of Bitcoin's potential as a tool for financial empowerment in the developing world. Byrne notes that there are billions of people around the world who have limited access to traditional financial services, and that Bitcoin has the potential to provide them with a way to save, invest, and transfer money.
Englund agrees, pointing out that there are already a number of companies and organizations working to use Bitcoin to improve financial access in the developing world. She believes that as these efforts continue to grow, Bitcoin will become an increasingly important tool for economic empowerment around the globe.
Overall, episode 84 of Boom Bust provides a fascinating look into the world of Bitcoin and the potential that it holds. Whether you're a long-time supporter of the cryptocurrency or simply curious about what it is and how it works, this episode is definitely worth watching.