By now we've all heard of Bitcoin, but what is it and how does it work? How is cyber currency changing the way we conduct financial transactions?
Jesse Posner (@JessePosner) is a securities lawyer turned programmer. In this interview Jesse provides a primer on cyber currency, covering both its great promise and tremendous pitfalls.
For further reading, Jesse recommends:
- Satoshi Nakamoto's white paper: https://bitcoin.org/bitcoin.pdf
- The forum Bitcoin Talk: http://www.bitcointalk.org