Cryptocurrency & the future of money

The David McWilliams Podcast

David McWilliams

News & Politics

4.6 • 643 Ratings

🗓️ 1 September 2020

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week we tackle one of the most requested topics: Cryptocurrency. We’re going to try and explain what Bitcoin is, where it came from and what it might mean for the future of money. To help get to the bottom of this topic, we enrolled the help of Peter McCormack, host of the podcast “what bitcoin did” to guide us on some of the more technical aspects of this new monetary movement.

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Transcript

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0:00.0	For over a decade, Arlo technology has focused solely on home security, detecting strangers, ignoring neighbours and delivering alerts with crystal clear footage to your phone.
0:11.0	From 4K cameras to award-winning doorbells, Arlo captures everything through one powerful AI system, Arlo Secure, because a watched over space is a safer space.
0:21.3	Arlo, 10 years of innovation in one powerful security system.
0:26.4	Find out more and get conditions at arlo.com.
0:33.9	What in the world is happening on Wall Street?
0:36.2	Economic indicators.
0:37.5	Who knows where this is going on Wall Street? Economic indicators.
0:39.2	Who knows where this is going to end up?
0:43.6	To understand the economy, you have to understand human nature.
0:49.2	This podcast is powered by ACAST.
0:52.8	How are you doing there?
0:53.4	It's David. It's the podcast, trying to make economics easy podcast, more accessible, a little bit more relevant to all our lives. This week, we're going to talk about Bitcoin, but not just Bitcoin, cryptocurrencies in general, and maybe we're going to focus on money, the history of money,
1:14.3	where it comes from, where it's going to go.
1:17.9	How are you, head?
1:18.9	Very good.
1:19.9	Not bad at all.
1:21.2	Do you know, speaking of Bitcoin, JM, who's with us today, well, Jay.
1:25.0	For the first time ever, the Canadian is going to be live on the podcast.
1:29.7	Normally, he is sitting behind us making weird facial gestures when John and I go into clearly a space where we shouldn't go.
1:38.8	And he tries his best to keep us on track.
1:41.5	But this time, because we're going to talk about Bitcoin,
1:45.2	JM is with us.
	...

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