LSE IQ Episode 15 | Are cryptocurrencies the future of money?

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To subscribe on Apple podcasts please visit http://apple.co/2r40QPA or on Andriod http://subscribeonandroid.com/www.lse.ac.uk/assets/richmedia/webFeeds/lseiqpodcast_iTunesStore.xml or search for 'LSE IQ' in your favourite podcast app or visit http://lse.ac.uk/iq Welcome to LSE IQ, the monthly podcast from the London School of Economics and Political Science. This is the podcast where we ask some of the leading social scientists - and other experts - to answer intelligent questions about economics, politics or society. In 2008 a person or group going under the pseudonym ‘Satoshi Nakamoto’ published a white paper setting out the fundamentals of a peer- to- peer electronic cash system called bitcoin. This would do away with the need to rely on financial institutions, acting as trusted third parties, to process electronic payments. Instead money could be sent directly from one party to another. Transactions would be verified and recorded permanently on the blockchain. This digital ledger would be distributed across a large network of computers and guard against a risk specific to digital currency - that it can be fraudulently spent twice. Technology, Satoshi Nakamoto claimed, would replace the need for trust. Bitcoin was the first decentralised cryptocurrency, and hundreds of others have been created since. In this episode of LSE IQ, Sue Windebank asks, are cryptocurrencies the future of money, a speculative bubble that will burst, or something else? This episode features: Dr Tatiana Cutts, Assistant Professor, LSE Department of Law Professor Nigel Dodd, LSE Department of Sociology; Dr Garrick Hileman, Research Associate, University of Cambridge and LSE, Dr Natacha Postel-Vinay, Assistant Professor, LSE Department of Economic History. For further information about the podcast and all the related links visit http://lse.ac.uk/iq and please tell us what you think using the hashtag #LSE We are delighted to announce that the LSE IQ podcast, produced by a small team in LSE Communications Division, has won a 2018 Guardian University Award. It won the award in the category of ‘best marketing and comms campaign’ for ‘an imaginative university marketing or press campaign that imparts a clear message to engage its target audience and raise the profile of the university, or show it in a new light.’ To read more about the award please visit http://bit.ly/lseiqaward.

482 episodes available. A new episode about every 3 days averaging 74 mins duration .