Money Box Live: Cryptocurrencies
Money Box
BBC
4.2 • 825 Ratings
🗓️ 26 June 2019
⏱️ 29 minutes
🧾️ Download transcript
Summary
Louise Cooper and guests look at the volatile world of investing in digital currencies. Call 03700 100 444 from 1pm to 3.30pm on Wednesday 26 June or e-mail moneybox@bbc.co.uk now with your experiences and questions.
Joining Louise are:
Marc Warne, Founder, Bittylicious Jemima Kelly, reporter, FT Alphaville Dave Jevans, CEO, CipherTrace
Producer: Diane Richardson Editor: Emma Rippon
Transcript
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| 0:00.0 | In Northern Ireland, from the late 70s to the early 90s, the IRA killed over 40 alleged informers. |
| 0:08.0 | But the man who often found, tortured and sometimes killed these people on behalf of the IRA |
| 0:12.0 | was himself an informer, a secret British army agent with the codename Stakeknife. |
| 0:18.0 | Who gets to play God? And why me? Why my family? When lies are still being told to this day, |
| 0:24.0 | who do you believe? I wouldn't even know where to start and I'm with the IRA. |
| 0:28.5 | Steakknife. Listen first on BBC Sounds. |
| 0:33.6 | BBC Sounds, music, radio, podcasts. Good afternoon. |
| 0:38.6 | The recent announcement that Facebook is to launch its own cryptocurrency called Libra |
| 0:43.5 | has grabbed attention around the world. |
| 0:46.5 | The American social media giant promises that Libra will reinvent money and transform the global economy. |
| 0:56.7 | Well, Facebook's move has reignited interest in other cryptocurrencies. Think of it like an endorsement of concept. And the price of Bitcoin |
| 1:02.5 | has risen from $8,000 just a few weeks ago to almost $13,000 now. So today we are talking cryptocurrencies. Is it a Wild West full of snake oil salesmen |
| 1:15.7 | or a viable alternative to traditional currencies and investments? We want to hear from you. So please |
| 1:22.5 | call 0-3-700-100-444 geographic charges from landlines and mobiles apply, or email Moneybox |
| 1:31.8 | at BBC.com.uk or tweet at Moneybox. And we've already had an email from Ash who says, |
| 1:38.3 | stop talking about bubbles and crime. Bitcoin is here to stay. A bit of a bull on Bitcoin there from Ash. We've also had an email |
| 1:46.0 | from Leslie who asks, what is a Bitcoin? I just don't understand it. Well, Leslie, listen |
| 1:52.1 | closely because we will explain. Well, joining me today is Mark Warner, founder of Bittilicious, |
| 1:58.4 | a website that enables users to buy Bitcoins and other cryptocurrencies. |
| 2:02.2 | Hello, Mark. |
| 2:02.8 | Good afternoon. |
| 2:04.0 | What is a cryptocurrency? |
... |
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