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This Article is From Mar 25, 2019

A Critic of Cryptocurrencies Says Bitcoin Needs To Be Burnt With Fire

(Bloomberg) -- Subscribe to the Bloomberg Odd Lots podcast (Pocket Casts) 
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Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance and economics.

There's a problem in many debates about cryptocurrencies and blockchain technology. While many people are inclined to dismiss them as fraudulent ponzi schemes, most of those critics aren't particularly well informed by them, so their dismissals are hollow and uncompelling. On this week's episode, we speak with Nicholas Weaver, a Berkeley computer scientist who is well versed on the technology, who argues why the entire space ought to be burnt down in a fire.

To contact the editor responsible for this story: Magnus Henriksson at mhenriksso10@bloomberg.net

©2019 Bloomberg L.P.

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