What is Money? BITCOIN & the BANKING CRISIS on BBC Newsnight
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Jeremey Paxman explains what is money? Looks less shouty than Bitcoins last outing on Newsnight.
Enjoy!
[url=http://www.youtube.com/watch?v=KHQxKoE7kAU#ws]BITCOIN & the BANKING CRISIS on BBC Newsnight with JEREMY PAXMAN[/url]
Bit older than the posting date, boy that Daniel Knowles from the Economist, done his research!
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“Price is actually irrelevant to the value it provides in being able to transfer value over a distance…”
That’s a key statement - and a philosophy that could dictate the fate of future coins good or bad? Thanks for posting this!
