Bitcoin Is More Than a Bubble and Here to Stay A Debate /

In 2009, a person or group of people created Bitcoin, a digital currency. Unlike traditional currencies, which are backed by central governments that regulate their value and supply, Bitcoin is computer-generated and has no overarching authority controlling it. Today, Bitcoin and other "cryptoc...

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Other Authors: Infobase,, Intelligence² (U.S.)
Format: Video
Language: English
Published: [Place of publication not identified] : Intelligence Squared US, [2018]
Distributed by Infobase,
Physical Description: 1 online resource (1 video file (1 hr., 39 min., 2 sec)) : sound, color.
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Summary: In 2009, a person or group of people created Bitcoin, a digital currency. Unlike traditional currencies, which are backed by central governments that regulate their value and supply, Bitcoin is computer-generated and has no overarching authority controlling it. Today, Bitcoin and other "cryptocurrencies" are worth billions. Supporters of these cryptocurrencies argue that they will revolutionize global finance by placing control of currency in the hands of users, not nations, and make financial exchanges more transparent, efficient, and democratic. Bitcoin, they claim, is market-driven and safe. But is it? Critics argue that cryptocurrencies provide a platform for illicit activity, including money laundering, human trafficking, and drug dealing, free from government oversight and regulation. They further contend that Bitcoin has no intrinsic value and could collapse at any time. Is Bitcoin more than a bubble and here to stay?
Item Description: Originally released by Intelligence Squared US, 2018.
Streaming video file encoded with permission for digital streaming by Infobase on October 24, 2018.
Bitcoin Debate Introduction (3:26); Debate "Housekeeping" (5:08); Opening Statement For: Tim Draper (7:01); Opening Statement Against: Eric Posner (6:29); Opening Statement For: Patrick Byrne (6:24); Opening Statement Against: Gillian Tett (6:23); Trust in Bitcoin (7:35); Bitcoin Control and Criminality (5:02); Advantages vs. Disadvantages (5:08); Bitcoin Liberation and Decentralization (5:35); Regular Users and Bitcoin (5:14); Q/A: Bitcoin Sophistication (1:49); Q/A: Small Investments (1:54); Q/A: Bitcoin Regulation (4:36); Q/A: Financial Crisis with Bitcoin (4:37); Q/A: Value of Bitcoin (2:13); Q/A: Crypto-currency Market (3:50); Q/A: Currency Coexistence? (1:38); Concluding Statement For: Draper (2:28); Concluding Statement Against: Posner (2:17); Concluding Statement For: Byrne (2:21); Concluding Statement Against: Tett (2:20); Time to Vote (4:05); Audience Vote Results (1:12); Credits: Bitcoin Is More Than a Bubble and Here to Stay: A Debate (0:04);
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In 2009, a person or group of people created Bitcoin, a digital currency. Unlike traditional currencies, which are backed by central governments that regulate their value and supply, Bitcoin is computer-generated and has no overarching authority controlling it. Today, Bitcoin and other "cryptocurrencies" are worth billions. Supporters of these cryptocurrencies argue that they will revolutionize global finance by placing control of currency in the hands of users, not nations, and make financial exchanges more transparent, efficient, and democratic. Bitcoin, they claim, is market-driven and safe. But is it? Critics argue that cryptocurrencies provide a platform for illicit activity, including money laundering, human trafficking, and drug dealing, free from government oversight and regulation. They further contend that Bitcoin has no intrinsic value and could collapse at any time. Is Bitcoin more than a bubble and here to stay?
9 - 12, Academic/AP.
Streaming video file.
System requirements: FOD playback platform.
Closed-captioned.
Physical Description: 1 online resource (1 video file (1 hr., 39 min., 2 sec)) : sound, color.
Format: Streaming video file.
System requirements: FOD playback platform.
Audience: 9 - 12, Academic/AP.
Access: Access requires authentication through Films on Demand.