13 | Neha Narula on Blockchain, Cryptocurrency, and the Future of the Internet
Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
Sean Carroll
4.7 • 4.7K Ratings
🗓️ 8 September 2018
⏱️ 67 minutes
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| 0:00.0 | Hello everybody and welcome to the Minescape Podcast. |
| 0:03.3 | I'm your host, John Carroll. |
| 0:05.3 | And today we're talking about a subject that is near and dear to the hearts of most |
| 0:09.2 | everyone out there, money. |
| 0:12.1 | We all know what money is, right? |
| 0:13.8 | We use money. |
| 0:14.8 | We exchange it for goods and surfaces, as Homer Simpson once pointed out. |
| 0:19.7 | But we also get this feeling that the notion of money is in flux right now. |
| 0:24.4 | The notion of currency, the actual thing you give to somebody, which used to be dollar |
| 0:29.2 | bills, of course it's increasingly credit one way or the other. |
| 0:33.6 | And these days there's this talk of cryptocurrencies like Bitcoin and Ethereum and so forth. |
| 0:39.6 | Somehow the computer scientists have gotten their hands on money and the world might never |
| 0:43.8 | be the same. |
| 0:45.3 | The question is, how is this new world going to look? |
| 0:48.4 | If you followed the Bitcoin situation at all, you know there's a bit of instability in |
| 0:52.6 | the system. |
| 0:53.6 | Bitcoin was supposed to be a way that people could use it as money to exchange for things |
| 0:58.2 | on the internet, but the actual value of Bitcoin has been fluctuating wildly. |
| 1:03.0 | If you were really, really good and bought it very, very cheaply early on, you could have |
| 1:07.2 | made an enormous amount of cash, good old American dollars if you would sold it at the |
| 1:11.6 | right time. |
| 1:12.7 | But now it's on its way back down. |
... |
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