LeWeb London 2013: The Pros & Cons of Bitcoin

Moderated by Martin Bryant, Managing Editor, The Next Web
Anthony Gallippi, Co-Founder & CEO, BitPay
Shakil Khan, Head of Special Projects, Spotify
Roger Ver, Founder & CEO, MemoryDealers.com

The definition is: Bitcoin is an experimental, decentralized ditigal currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. The result? Lots of controversy and questions! This panel of experts gets to the bottom of it all.

More information on http://www.leweb.co

Jeffrey Tucker: How Bitcoin Will End the Nation State

http://NextNewsNetwork.com | What is bitcoin, and why is it suddenly the hottest thing in global currency markets?

As the European banking and currency crisis unfolds, the emerging digital currency has rapidly become a refuge for people fleeing from the euro and seeking to protect their savings and assets from confiscation.

In Cyprus, where thousands of businessmen have seen nearly all of their operating capital siphoned from their accounts, Bitcoin ATMs have suddenly appeared. Investors and businessmen in Spain and other countries that may soon fall prey to the “Cyprus Model” are likewise fleeing to the bitcoin.

Some analysts believe that Bitcoin, which allows for unmediated fund transfers between individuals, poses a potentially lethal threat to conventional banking. It is certainly exposing the weakness of the world’s incumbent reserve currency, the US dollar.

As of April 2, it took 115 U.S. dollars to purchase a single Bitcoin. Is this a speculative bubble? After all, Bitcoin is a virtual currency without precedent in human history.

Does Bitcoin offer promise, or peril? We’ll examine this issue with economic analyst Jeffrey Tucker. Mr. Tucker is the head of Lassiez-Faire Books. He is the author of “It’s a Jetson’s World: Private Miracles and Public Crimes” and “A Beautiful Anarchy: How to Create Your Own Civilization in the Digital Age.”

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Do You Agree With Peter Schiff?


With the surging popularity of Bitcoin, Peter Schiff sees another bubble in the making. Peter explains why Bitcoin is not “gold 2.0” but fool’s gold. It’s modern day alchemy and you are assuming significant risks by “investing” in it. Like a pyramid scheme, many early adapters will profit from bitcoin, but those profits will come at the expense of the losses suffered by those who adapt later.