With the recent implosion of bitcoin
exchange Mt. Gox and the publication of a
questionable story about the indentity of bitcoin creator
Satoshi Nakamoto, bitcoin has stayed in the headlines these past
few weeks. And while some commentators and skeptics have been
quick to pronounce its demise at every turn, the value of the
cryptocurrency has hovered between $600-700 a coin through it
all.
Reason TV interviewed Mercatus Center policy analyst and bitcoin
expert Jerry Brito in April 2013, and he predicted a long, lasting
future for the technology. The original writeup is below:
Don’t bet on the decentralized currency Bitcoin as a retirement
investment, says Mercatus Center policy analyst Jerry Brito, but go long on
it as the payment system of the future. Reason’s Nick Gillespie
talks with Brito, the editor of the new anthology Copyright
Unbalanced, about Bitcoin bubbles and why governments are so
afraid of this virtual payment system.
For Reason’s archive on Bitcoin click here.
About 5.20 minutes.
Interview by Nick Gillespie. Shot by Amanda Winkler and Joshua
Swain; edited by Swain.Scroll down for downloadable versions, and subscribe to
Reason.tv’s YouTube Channel to receive automatic notifications when
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