Bitcoin has been viewed as a liberating path out of the corporate monetary system. But the process of 'mining' the cryptocurrency is a massive energy drain - and potential environmental disaster.
While everyone has heard of Bitcoin, the real potential in the blockchain is only just starting to be unlocked.
Business Briefing: What happened to the price of Bitcoin? The truth behind big bubbles and crashes.
The Conversation24.8 MB (download)
On this episode of Business Briefing we unpack great heights and crashing lows of a bubble and a crash.
An analysis of Bitcoin's fundamentals shows how much of a bubble its price has inflated to.
If you can't use Bitcoin to buy anything then it has no intrinsic value.
The astronomic rise of the price of bitcoin over the past 12 months raises fears that the cryptocurrency is set to crash which could see many people lose money.
Crypto cash is catnip for criminals and a huge challenge to law enforcement – so it's time to bring in a tough, jurisdiction-busting regulatory body.
You may have imagined the blockchain would lead to a world without governments or institutions veryifying transactions, research shows that it probably won't.
The price of Bitcoin has declined significantly in the past couple of days, after rising 1,850% in the past two years. Here are four reasons why.
The introduction of Bitcoin futures contracts will remove a lot of the financial risk associated with the cryptocurrency.
A digital Australian dollar could remove the role of middlemen and creates a cheaper electronic currency system, while at the same time enabling the government to fully regulate the system.
Within the world of cryptocurrencies, ICOs are the way to raise funds – but without any government oversight.
The development of distributed trust technologies is making traditional institutions like banks, corporations and governments nervous. Those who have power like to hold onto it. What's next?
Despite billions raised in the past year, ICOs are still risky. But ASIC has finally given us a sign of how they will be regulated.
As cryptocurrency systems improve, they will better protect criminals' identities and even allow people to offer anonymous rewards for crimes they want committed.
Despite its name, cryptocurrency isn't just money. It could also be debt or equity and so it should be regulated and taxed in the same way as other finance.
Regulation and oversight could be the saviour or the death of a Bitcoin and others.
Cybercriminals increasingly depend on e-currencies to profit from their misdeeds. They, and their potential victims, could be driving some of the growth in cryptocurrency markets.
The future and the past, money, technology and politics documented and imagined in fact and fiction, in an economist's recommended reading.
Blockchain technology is familiar to us in the form of digital currency bitcoin. And if it makes it way to the mainstream, could it change the way the world does business forever?