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Understanding Crypto 3: Eswar Prasad: Bitcoin, Banking, and the Future of Money

The Rational Reminder Podcast

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Bit Coin Diverty

Bitcoin is not working well in terms of the purpose it was designed for, so it really has no intrinsic value. There are other crypto currencies like eterium, which could end up having value once they move to proof of state. i think there are lots of teal investors who get taken in by the rasaldazl of the new technology and don't want to miss out. No something like bit coin becoming financial acid, as one that is built largely on speculation, and i worry it's not going to end well.

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