Money talks: Once bitcoined, twice…
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 12 December 2017
⏱️ 16 minutes
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| 0:00.0 | Hello I'm Simon Long, the finance editor of the Economist and this is Money Talks. |
| 0:10.0 | Coming up this week, businesses leave Catalonia in the face of political uncertainty. |
| 0:15.7 | What's a problem is when the law doesn't seem to be respected. |
| 0:18.6 | So he said, you know, when there's a break of the rule of law, when you can't trust that the laws are going to be respected, then your trust in the |
| 0:26.0 | whole system breaks and you rush away. |
| 0:29.0 | And the Jedi effect. |
| 0:31.0 | Can the remake Save Hollywood? |
| 0:33.0 | It'll definitely do well. |
| 0:34.0 | The question is, will it do as well as The Force Awakens, |
| 0:38.0 | episode 7 or 207 of the Star Wars Saga? |
| 0:41.0 | But first, the price of a Bitcoin, the famous cryptocurrency, has rocketed from under |
| 0:50.0 | $2,000 six months ago to more than 17,000 as we speak. |
| 0:55.6 | Trading in Bitcoin futures began on the Chicago Board options exchange this week, |
| 1:00.3 | and the CME group launches its own futures next week. |
| 1:04.0 | The meteoric rises are drawing in waves of speculative money. |
| 1:08.0 | So should we all be piling in? |
| 1:10.0 | Philip Coggin, our Buttonwood columnist joins me now. |
| 1:12.0 | Hello, Philip. Hello, |
| 1:13.3 | Simon. |
| 1:14.6 | I mean obviously because you write about it, I don't suppose you're allowed to invest in |
| 1:18.6 | Bitcoin, but is that a matter of regret to you or are you feeling rather relieved |
| 1:22.2 | to be on the sidelines? |
... |
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