4.5 • 2.1K Ratings
🗓️ 4 June 2021
⏱️ 53 minutes
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0:00.0 | This episode is brought to you by Slack. With Slack, you can bring all your people and |
0:05.9 | tools together in one place. It's your digital HQ where you can increase productivity, |
0:11.1 | enable flexibility and automate workflows. Plus, Slack is full of game-changing features |
0:16.7 | like huddles for quick check-ins or Slack Connect, which helps you connect with partners |
0:20.9 | inside and outside of your company. Slack, where the future works. Get started at |
0:26.9 | Slack.com slash DHQ. Hi, everybody. I'm John Donben. And if you've been watching the |
0:32.9 | financial markets at all lately, you know we've just been through another one of these |
0:36.9 | wild up and down cryptocurrency rides. Given that, we thought it was appropriate to bring |
0:42.7 | back a debate we did a while ago that is now proving really timely. So let's just get |
0:49.7 | to it. |
0:50.1 | Up and down Bitcoin goes and where it ends up. Well, if you do know that, would you mind |
1:02.4 | sharing what the rest of the class? Bitcoin, the first cryptocurrency, has been called |
1:08.1 | a bubble, a fad, a scam, a tool for terrorists and crooks that is doomed to disappear. And |
1:13.5 | yet, some fiercely smart people believe in Bitcoin. Believe in it because they say it |
1:18.1 | takes vision to see how this first-of-a-kind digital currency will thrive and soar once |
1:23.5 | everybody else recognizes its utility. That it will liberate us from the corrupting influence |
1:28.2 | of central bank meddling in currencies like the US dollar itself and from a system where |
1:32.6 | the middleman is always taking his cut. Bitcoin, they say, is the solution and just getting |
1:37.1 | started. Wild price swings notwithstanding. So which is it? Well, to us, this sounds like |
1:42.1 | the making of a debate. So let's have it. Yes or no to this statement. Bitcoin is more |
1:47.2 | than a bubble and is here to stay. I'm John Donovan. I stand between two teams of two experts |
1:52.9 | in this topic who will argue for and against that motion. As always, our debate will go in |
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