The Ceremony
Radiolab
00:00
Bit Coin - I Can't Bitcoin Show Up.
Bitcoin is a decentralized currency that's run and monitored by all the people who use it. It tracks every single transaction that's ever made on the network. Any time anyone with a bit coin buys a coffee or a pound of heroine, that transaction is kept in something called the public ledger. That's not private at all. But if you talk to people on the inside, they'll tell you one of the things that has dogged bit coin from the beginning is this issue of privacy.
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