This morning i have to share this with the podcast audience out there, because we're at this wonderful little event called kent presents. And you made a billion dollars this morning within a few minutes. Can you tell us what magic indid? Tha thery, yes, i did. I obtained a very high market capitalization. Yes, i think that we shouldn't be afraid of it. We should acknowledge it. An, i'm a big proponent of acknowledging the truth, instead of trying to inor it and u we should note it.
For something of such obvious importance, money is kind of mysterious. It can, as Homer Simpson once memorably noted, be exchanged for goods and services. But who decides exactly how many goods/services a given unit of money can buy? And what maintains the social contract that we all agree to go along with it? Technology is changing what money is and how we use it, and Neha Narula is a leader in thinking about where money is going. One much-hyped aspect is the advent of blockchain technology, which has led to cryptocurrencies such as Bitcoin. We talk about what the blockchain really is, how it enables new kinds of currency, and from a wider perspective whether it can help restore a more individualistic, decentralized Web. Neha Narula is the Director of the Digital Currency Initiative at MIT. She obtained her Ph.D. in computer science from MIT, and worked at Google and Digg before joining the faculty there. She is an expert on scalable databases, secure software, cryptocurrencies, and online privacy.
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