Alan Kohler, the finance presenter on Australia's ABC News, recently wrote in an article that "Bitcoin will probably crash again but it is neither a Ponzi scheme nor a bubble – it’s something far worse: It is an inherently secure, tightly-controlled asset with a regulated supply, and is therefore a subversion to the whole basis of free-market financial capitalism."

 

In this episode I discuss his article, which provides a provocative viewpoint on the nature and impact of bitcoin within finance and society.

 

Here is a link to the article.