Is Bitcoin More Than a Bubble and Here to Stay?

Is Bitcoin here to stay? Cryptocurrencies hold the promise of revolutionizing global finance by placing control in the hands of users, not nations, and making financial exchanges more transparent, efficient, and democratic. But given the yet-another-round of boom and bust cycles seen recently, questions remain: Could cypto ever be considered a safe bet? Proponents say the hype is warranted, with naysayers increasingly jumping on the Bitcoin (block) train. Yet skeptics and critics – like Elon Musk – suggest this highly volatile digital currency offers a platform for illicit activity, including money laundering and trafficking of humans and drugs, free from government oversight and regulation. They argue Bitcoin has no intrinsic value – the price is based on market enthusiasm rather than actual utility. So… in light of renewed attention, Intelligence Squared U.S. sought to resurrect this highly relevant debate: Is Bitcoin More Than a Bubble and Here to Stay? Learn more about your ad choices. Visit podcastchoices.com/adchoices

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America is more divided than ever—but it doesn’t have to be. Open to Debate offers an antidote to the chaos. We bring multiple perspectives together for real, nonpartisan debates. Debates that are structured, respectful, clever, provocative, and driven by the facts. Open to Debate is on a mission to restore balance to the public square through expert moderation, good-faith arguments, and reasoned analysis. We examine the issues of the day with the world’s most influential thinkers spanning science, technology, politics, culture, and global affairs. It’s time to build a stronger, more united democracy with the civil exchange of ideas. Be open-minded. Be curious. Be ready to listen. Join us in being Open to Debate. (Formerly Intelligence Squared U.S.)