Blockchain has been trumped as an amazing innovation with applications everywhere to deal with the ‘trust issue’. In 2017 Bitcoins, which uses blockchain, became worth over $8,000 each. Meanwhile Nobel prize winning Economist Joe Stiglitz said it should be banned as a tool for criminals and tax evaders. So what is the truth? How does blockchain work? Why as a digital currency does Bitcoin take vast amounts of energy to ‘mine’? Why is it the darling of extreme libertarians? Is it really proper money at all or does it come out of the past lack of understanding of money by economists?
Ann Pettifor, Author of “Production of Money”, discusses crypto currencies and blockchain with Steven Garner, Director of Grandeo, a blockchain technology company.
Following discussion, there will be a wine reception.
This event will be available as a podcast to subscribers to The Mint Magazine – go here to subscribe.
Ann is Director of Policy Research in Macroeconomics (PRIME), and an Honorary Research Fellow at the Political Economy Research Centre of City University, London. Her … Read more
Steven Garner FCA is the CEO of Grandeo Labs, a blockchain technology company. He also advises a crypto currency index fund and a data protection … Read more