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Bitcoins and Blockchains: Cryptocurrency Explained

5 Live Science Podcast

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The Future of Cryptocurrencies

The promise of digital money was, in many ways, the opportunity to reinvent money in some new context. The challenge was always, well, then what is the money to be? All the money would do is exist on this closed ledger system. It looks like looking at the matrix. Those numbers are running down the screens, honestly. I'm on board. We've got our two technologies. Do you remember what they were? Public key cryptography. The second is about being able to prove time online, and you do that using the blockchain. Yes. That's how we're going to get there.

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