What Bitcoin's History Says About Its Future

Unchained

Laura Shin

Business News, News, Tech News

4.6 • 1.3K Ratings

🗓️ 14 November 2017

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

Love Unchained? Please take this extremely brief survey to help us obtain more sponsors: https://survey.libsyn.com/unchained Days after the SegWit2x fork was called off, Nathaniel Popper, New York Times tech reporter and author of the book Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money, put this latest suspenseful chapter in Bitcoin's history into context. He discusses why he thinks Bitcoin has become such a vicious, polarized community, why so many of the early Bitcoiners ended up becoming supporters of big blocks, and what could happen to Bitcoin now that new money is entering the system but transactions are expensive and often backlogged. We also dive into who Satoshi Nakamoto might be, whether there are any viable Bitcoin businesses other than ones buying and selling Bitcoin and where regulation of the space is likely to go. Show notes: http://www.forbes.com/sites/laurashin/2017/11/14/what-bitcoins-history-says-about-its-future/ Digital Gold: https://www.harpercollins.com/9780062362490/digital-gold Nathaniel's story on ICOs: https://www.nytimes.com/2017/10/27/technology/how-floyd-mayweather-helped-two-young-guys-from-miami-get-rich.html?rref=collection%2Fbyline%2Fnathaniel-popper His story on who Satoshi Nakamoto may be: https://www.nytimes.com/2015/05/17/business/decoding-the-enigma-of-satoshi-nakamoto-and-the-birth-of-bitcoin.html?_r=0 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Pepsi Max. Christmas is great, but there's loads of ways to make it better.
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0:25.0	This episode is brought to you by Krakan.
0:30.0	crypto is like the financial system but different.
0:33.6	He doesn't care where you come from, what you look like, your credit score,
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0:40.2	Cripto is finance for everyone, everywhere, all the time.
0:45.0	Visit Cracken.com slash see what crypto can be.
0:48.8	To learn more.
0:49.8	Don't invest unless you're prepared to lose all the money you invest. This is a high risk investment and you should not expect to be protected if something goes wrong. Hi everyone, welcome to Unchange, the podcast where we hear from innovators, pioneers, and
1:05.9	thought leaders in the world of blockchain and cryptocurrency. I'm your host, Laura Shin, a senior
1:11.0	editor at Forbes covering all things crypto.
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