pascaltiemann / Pascal Tiemann

Investor in bonds, companies and BTC. Faithful Apple addict. Hamburger by birth. Living in Monaco.

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Huffduffed (4)

  1. Bitcoin - Planet Money

    Bitcoin is a new kind of currency. But unlike, say, the dollar or the yen, it’s not backed by any government. Also, you can’t hold it in your hand or put it in your pocket; it exists only on computers.

    Bitcoin is supposed to be cash for the Internet age — anonymous money that anyone can use without using a credit card or going through a bank.

    On today’s Planet Money, try to get our hands on a few bitcoins, which turns out to be harder than it sounds.

    We dig into some basic questions that come up when you’re creating a new currency from scratch.

    And we buy lunch.

    —Huffduffed by pascaltiemann

  2. What Is Bitcoin? : Planet Money : NPR

    The U.S. has the dollar. Japan has the yen. Now some people are trying to invent a new currency that’s not tied to any country or government. It’s called bitcoin.

    Bitcoin is a lot like cash — for the online universe. It doesn’t actually exist in the physical world. You can’t hold bitcoins in your hand because they just live on computers and the Internet.

    —Huffduffed by pascaltiemann

  3. Is Bitcoin the Future of Money?

    Interview with Fred Ehrsam, the co-founder of Coinbase, the largest and in many ways most "legit" start-up in the emerging Bitcoin economy. Coinbase manages Bitcoin wallets and transactions between people who hold the currency. Ehrsam is a former foreign exchange trader at Goldman Sachs who became entranced by the possibilities of Bitcoin, and he speaks elegantly and in great depth about why he believes digital currency will be revolutionary. I’ll aim to ask him about Bitcoin’s murky founding, its advantages and its shortcomings as currency, how to secure it, its political affinities, and whether it fundamentally changes how we think about money.

    https://soundcloud.com/officialsxsw/is-bitcoin-the-future-of-money

    —Huffduffed by pascaltiemann

  4. Andresen on BitCoin and Virtual Currency | EconTalk | Library of Economics and Liberty

    Gavin Andresen, Principal of the BitCoin Virtual Currency Project, talks with EconTalk host Russ Roberts about BitCoin, an innovative attempt to create a decentralized electronic currency. Andresen explains the origins of BitCoin, how new currency gets created, how you can acquire BitCoins and the prospects for BitCoin’s future. Can it compete with government-sanctioned money? How can users trust it? What threatens BitCoin and how might it thrive?

    —Huffduffed by pascaltiemann