In 2009, the world’s first online cryptocurrency, Bitcoin, was launched using blockchain technologies. Now, thousands of cryptocurrencies are in circulation, including some backed by the Dubai and Chinese governments.
In this episode, our new host Amelia is joined by Associate Professor Vidy Potdar and Professor Saurav Dutta, to discuss how widespread cryptocurrencies will be in the future.
- Relationship between cryptocurrencies and blockchain [01:10]
- Taking power from banks [04:00]
- High energy consumption – as much as Belgium [08:49]
- Prone to hacking? [11:59]
- Explaining Bitcoin, Ethereum, Ripple, Litecoin and Tether [13:27]
- Can anyone get involved? [18:19]
- Vidy’s and Saurav’s projects [23:09]
- Government responses [26:20]
- Will cryptocurrencies replace fiat money? [29:57]
Associate Professor Vidy Potdar: Laboratory – businesslaw.curtin.edu.au/our-research/centres-and-institutes/blockchain-research-and-development-laboratory/, Crypto fund – payments.curtin.edu.au/crypto-donations/
Professor Saurav Dutta: Books – amazon.com/Saurav-K.-Dutta/e/B00E6JFXVW%3Fref=dbs_a_mng_rwt_scns_share, Curtin School of Accounting – businesslaw.curtin.edu.au/curtin-business-school/accounting/
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Music: OKAY by 13ounce Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0 Music promoted by Audio Library
You can read the full transcript for the episode here.