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Alex Herne – Is Bitcoin a Scam?

Summary:
The experienced trader might be able to hedge his bets against inflation, but for everyone else, it's too risky, says, Alex Herne. In 2013 James Howells threw out a computer hard drive containing bitcoin. Last week he again asked his local council for permission to dig for it at his local dump as he believes it is now worth about £200m. The Guardian’s UK technology editor, Alex Hern, looks at the rise of bitcoin and whether it should be bannedThe Guardian Podcast Alex Herne - Is Bitcoin a Scam?

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 The experienced trader might be able to hedge his bets against inflation, but for everyone else, it's too risky, says, Alex Herne. 


In 2013 James Howells threw out a computer hard drive containing bitcoin. Last week he again asked his local council for permission to dig for it at his local dump as he believes it is now worth about £200m. The Guardian’s UK technology editor, Alex Hern, looks at the rise of bitcoin and whether it should be banned

The Guardian Podcast 

Alex Herne - Is Bitcoin a Scam?


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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