Why do people don't hold Bitcoin him?

After we have bombed a few months by e-mail requests, we finally delivered and made a "radiophanic" podcast on Bitcoin. The episode is mentioned: "Why people who don't hate love it". The yeast - thinking of bitcoin as a single digital currency is as a reflection on the internet as an e-mail. The prospective bitcoin is much larger and more interesting than that. 

Bitcoin is never described as "virtual gold" and already a Ponzi scheme for an oasis of peace for people to buy products from the black market. But what some people animate, such as the veteran of the Silicon Valley Marc Andreessen, is probably a number of transactions, good at the simple exchange of money. 

Andreessen Co-established Netscape in particular and is now the Board of Company, such as Facebook and Ebay. It is not selfless observer in the Bitcoin debate: his investment capital of Andreessen Horowitz has invested $ 50 million in two companies with regard to Bitcoin, such as CoinBase and Andreessen claims that his company is considering to invest much more Bitcoin much more. 

Why much trust? The reason, Andreessen tells our own Stephen Dubner, it is because Bitcoin "is the solution for an elemental problem in computer science". "One of the missing things on the internet for 20 years is a kind of home money concept," explains Andreessen. "The ability to easily pay someone online, the ability to load very effortlessly for content, the ability to change a digital title very easily, or a digital key or a digital contract is just missing because you have no device to trust That is why Bitcoin usually has the promise to be the first solution to determine confidence through a network entrusted. "

A award-winning economist at the University of Stanford Susan Athey, who also has a great lawyer for technology that supports Bitcoin technology. For Athey, the control of Bitcoin has to do with its simplicity: "The beauty of a new currency that is part of a virtual currency protocol is that what I moved from me is just a mention on a great public book. And that Named public book is supported by a series of computers that all talk to each other using a protocol. So I don't have to be afraid of a bank that gave me a Iou, then to give this person and give it to another bank . Instead, if I make a transaction on virtual currency, it's just an entry into the big book. So I don't need an intermediary. "

There is obvious one side reversing the simplicity of the transaction that Bitcoin gives himself. The Superintendent of New York Financial Services Benjamin Lawsky, who recharge the control of the digital currency in the United States, gives Dubner that he is worried about Bitcoin Freedom to criminals: "He is very difficult to have a dollar \\ u200b \\ u200bmilie dollars A strong currency abroad. You can't put it in a backpack not only and get it in a very simple plane. But it is very easy to do it now using Bitcoin. "

That said that Wetkrik is motivated by the opportunities for technology such as Bitcoin, which can slaughter all forms of transaction costs. This can be bad news for local banks, credit card companies and other intermediaries who are looking for reimbursements. However, such as Loisksky points out, many others are kept to enjoy: "There are currently thousands and thousands of New York cities that work hard every day to send money to their family in the country where they come. And as a one Performer, they pay at the end of the week for these bank transactions. And it's a lot of money for people who cannot afford often. "