Upload

Loading...

The Truth about Bitcoin and Alternative Currencies

38,106 views

Loading...

Loading...

Transcript

The interactive transcript could not be loaded.

Loading...

Loading...

Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on Dec 11, 2013

Bitcoin has been making headlines for months. With the price fluctuating wildly, is it really a currency, or just a scam? To find out, we have to analyze its properties.

Gold and silver give us good examples of which properties make a sound currency, and bitcoins seem to measure up well. Will they ultimately outcompete the US dollar, gold, or silver? We can't know, but with the Federal Reserve devaluing the dollar every day, it is only a matter of time before people start looking for an alternative currency.

To learn more, visit: http://www.fee.org/the_freeman/detail..., and to learn the basics of Bitcoin, visit: http://www.fee.org/the_freeman/detail...

Bitcoin address: 15wDJRfsyomAgvX2TdW32gdYtAWZtAd1ps

Scripted, animated, and produced by Steve Patterson. Special thanks to Julia Patterson.

  • Category

  • License

    • Standard YouTube License

Loading...

When autoplay is enabled, a suggested video will automatically play next.

Up next


to add this to Watch Later

Add to

Loading playlists...