Can Bitcoin be trusted? | Inside Story

Al Jazeera English published this video item, entitled “Can Bitcoin be trusted? | Inside Story” – below is their description.

In just over a decade, Bitcoin has turned from an idea into one of the most talked-about financial assets.

El Salvador’s president is planning to make his country the first to accept Bitcoin as legal tender.

But as some countries embrace cryptocurrencies, others are cracking down because of its use by criminal gangs.

So what does the future hold for digital money?

Presenter: Sohail Rahman

Guests:

Thibault Schrepel – Assistant Professor in Economic Law, Utrecht University.

Delaram Kahrobaei – Chair of Cyber Security in the Department of Computer Science, University of York.

John Biggs – Journalist and entrepreneur

Al Jazeera English YouTube Channel

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About This Source - Al Jazeera English

The video item below is a piece of English language content from Al Jazeera. Al Jazeera is a Qatari state-funded broadcaster based in Doha, Qatar, owned by the Al Jazeera Media Network.

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Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

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In This Story: El Salvador

El Salvador, officially the Republic of El Salvador (Spanish: República de El Salvador, literally “Republic of The Saviour”), is a country in Central America. El Salvador’s capital and largest city is San Salvador.

The colón, the currency of El Salvador since 1892, was replaced by the United States dollar in 2001.

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