Why a Nobel laureate in economics thinks bitcoin is toast
The price of bitcoin has slowly gained back up some of its value after a precipitous drop this month.
Watch 25:03
September 15, 2018 – PBS NewsHour Weekend full episode
On this edition for Saturday, September 15, dangerous flooding and record rains pummel the Carolinas as Tropical Storm Florence slows, and the cost of subsidizing home insurance along the flood-prone coast. Also, a startup will try using blockchain technology to…
Watch 8:12
Can blockchain help fill journalism’s funding gaps?
The New York-based startup Civil launched last year with the goal of using blockchain -- the same technology that powers the cryptocurrency Bitcoin -- to help to build a network of independent news organizations with a sustainable business model. Civil…
What is a blockchain token?
People are just becoming acquainted with the idea of digital money in the form of cryptocurrencies like bitcoin, where transactions are recorded on a secure distributed database called a blockchain.
Plattsburgh, New York, doesn't look like ground zero for a gold rush. But cryptocurrency prospectors have installed thousands of energy-gobbling mining machines while taking advantage of dirt-cheap electric rates. And the invasion has some locals up in arms, while offering…
Can bitcoin be a currency if you never know its value? Living outside the traditional banking network by design, its fluctuating value makes it too cumbersome for petty transactions. Yet despite the hurdles, bitcoin and its underlying technology is seen…
The basic idea of bitcoin is simple: Instead of a financial institution holding a bank ledger, a chain of computers linked through the internet are all using the same software to record and verify every transaction. But how can a…
Bitcoin was released nearly a decade ago, but many consumers still don't know much about how it works.
The rapidly rising price of bitcoin is leading many to question if the digital currency’s boom is about to bust.
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