Saturday, March 8, 2014

Why Bitcoin Is Here To Stay


With the recent implosion of bitcoin exchange Mt. Gox and the publication of a questionable story about the indentity of bitcoin creator Satoshi Nakamoto, bitcoin has stayed in the headlines these past few weeks. And while some commentators and skeptics have been quick to pronounce its demise at every turn, the value of the cryptocurrency has hovered between $600-700 a coin through it all.

Reason TV interviewed Mercatus Center policy analyst and bitcoin expert Jerry Brito in April 2013, and he predicted a long, lasting future for the technology.

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