Is Bit Coin the Next Big Thing?

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i understand the psychology of, look, if i put 500 bucks in bit coin, and it really is the next big thing, that i didn't miss out, you know? And, and i've been tempted to do that myself. But at the same time, i know so many people who ave money and bit coin. And a lot of them it, hay, it's couple of hudred bucks, couple of thousand bucks. That'll happen to millions of americans, or millions of people the world when this bottom's out. The only redeeming factors, the f t c will probably go after mat damon and a bunch of others to once the place has collapsed

Crypto is crashing, which makes it the perfect time to ask whether blockchain technology is actually — you know — useful for anything. Computer scientist Nicholas Weaver joins Adam to discuss the inherent flaws in the technology, the shockingly slow state of innovation considering that the technology has been around for a decade, and what a better system for digital money might be. You can follow Nicholas on Twitter at @ncweaver. Learn more about your ad choices. Visit megaphone.fm/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.