Is Bitcoin the Largest Ponzi Scheme of All Time? Find Out in the Latest Ask an Expert [Video]
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People sure are abuzz about bitcoin — after all, it's not every day that a new currency pops on the scene. But the buzz has more to do with what you can do with bitcoin then where it come from. Increasingly, retail stores, doctors, and even colleges are all allowing consumers to pay with the cryptocurrency.
But does that mean it's actually safe or is some larger scheme going on that all the bitcoin believers are buying into?
This episode of Ask an Expert addresses fundamental concerns about how bitcoin works thanks to Catheryne Nicholson, CEO and co-founder of BlockCypher, a blockchain platform for developers.
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David started writing for Singularity Hub in 2011 and served as editor-in-chief of the site from 2014 to 2017 and SU vice president of faculty, content, and curriculum from 2017 to 2019. His interests cover digital education, publishing, and media, but he'll always be a chemist at heart.
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