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