Lunchtime Talk: Forget the economy, acquire Cryptocurrency

Where: Pervasive Media Studio, Watershed, 1 Canon's Road, BS1 5TX

When: 24 January 2014 1:00pm to 2:00pm

Bitcoin is a secure form of currency that exists purely on the internet. To some it's the world's most advanced peer to peer cryptographic system. To others it's a medium of value exchange. Whatever Bitcoin is, it's undeniable that it is making a splash in fields spanning technology, politics, economics and lawmaking. It was recently lauded by Ben Bernanke, banned by the Chinese government and has been attracting comment and debate right across the mainstream media.

One of the primary features of Bitcoin is that it's computationally impossible for anyone to fake their bank balance, or commit fraud by spending their money twice. In the wake of the Edward Snowden leaks, we now know that little of what we do can truly be considered private. In this context, bitcoin offers many an alternative, a robust, peer to peer system not linked to any one government or central bank. Does moving our money onto the internet in a secure way protect us in this increased era of institutionalised espionage? In this talk, Sam Phippen will explore how Bitcoin works, take us through some of the controversy that surrounds it, take a look at some of the motivating reasons for its creation and ask what the future holds for cryptocurrency.

FFI: http://www.pmstudio.co.uk/events/fri-24012014-100pm

Entry Cost: Free

Posted by: Verity McIntosh | 07-01-2014

Contact the event organiser: verity.mcintosh@watershed.co.uk

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