Threats to Bitcoin
Gavin discusses the challenges facing Bitcoin, including the need to establish trust and find specific niches where it can be a useful payment mechanism. While he believes Bitcoin won't replace the dollar or existing payment systems, he acknowledges its advantages and the support it receives from early adopters. The conversation also touches on the government's ability to seize Bitcoins and the virtual nature of the currency.In this clip
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EconTalk
Gavin Andresen on BitCoin and Virtual Currency
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