Slow Ventures’ Jill Carlson on Munger’s crypto comments

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  • CNBC Television published this video item, entitled “Slow Ventures’ Jill Carlson on Munger’s crypto comments” – below is their description.

    Jill Carlson, Slow Ventures venture partner, Open Money Initiative co-founder and World Economic Council member, joins ‘Squawk on the Street’ to react to Charlie Munger’s comments that cryptocurrency is disgusting and contrary to civilization. She also discusses the recent move in ether and where it could be headed.

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    In This Story: Cryptocurrency

    A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

    Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.

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