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    Back to To the Point

    To the Point

    Is the Bitcoin a Boom or a Bubble?

    The price of a Bitcoin has jumped from $13 at the start of this year to more than a thousand, and it's still rising. Congress and federal regulators are beginning to pay attention. There already are Bitcoin millionaires — and Bitcoin criminals -- even though most people don't understand what a Bitcoin is.

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    By Warren Olney • May 12, 2014 • 1 min read

    The price of a Bitcoin has jumped from $13 at the start of this year to more than a thousand, and it's still rising. Congress and federal regulators are beginning to pay attention. There already are Bitcoin millionaires — and Bitcoin criminals -- even though most people don't understand what a Bitcoin is. We hear about digital currency, controlled and stored in computers and traded across the Internet as a way to make payments. How does it work? Is it really safe? Is the value of Bitcoins subject to the old adage: what goes up must come down?

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Jenny Hamel

      KCRW

    • KCRW placeholder

      Andrea Brody

      Senior Producer, KCRW's Life Examined and To the Point podcast

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      Gideon Brower

      Independent Producer

    • KCRW placeholder

      Bob McMillan

      reporter at the Wall Street Journal

    • KCRW placeholder

      Patrick Murck

      Bitcoin Foundation

    • KCRW placeholder

      Nicholas Weaver

      International Computer Science Institute

      NewsNationalPolitics
    Back to To the Point