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Topic: 2013-12-16 Marketplace Radio week long bitcoin segment (Read 661 times)

newbie
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http://www.marketplace.org/topics/tech/what-heck-bitcoin

Marketplace (it's a radio show that plays commonly on NPR) is doing a weeklong segment on bitcoins.

Today, the first day of it, they answer what bitcoins actually are.

The explanations are so-so.  And their response to the question "how do i make a million dollars on bitcoin" is answered poorly in my opinion.  They say there are two ways to do it:  Buy low and sell high, or sell high and buy low. (har har har).

Here's perhaps a fair quote: "Bitcoin is itself a collective hallucination -- as it turns out, most currencies are -- "
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