a low and welcome to cross talk where all things considered i'm peter lavelle bitcoin for some it's the perfect marriage of technology and finance for others it's a get rich scheme though no one can deny its market value was soaring and becoming an attractive alternative to the current global banking system is bitcoin revolutionizing the world. across talking bitcoin i'm joined by my guest firesign in new york he is a fund manager and author of the book planet ponzi in atlantic we have jeffrey tucker he is director of content for the foundation for economic education and in cambridge we cross the garrick hileman he is a research fellow at the university of cambridge all right gentlemen crosstalk rules in effect that means you can jump in anytime you want and i always appreciate it gary let me go to you first in cambridge explain what is going on with bitcoin i mean i'm of the age and i used to work in finance i can remember the dot com bubble and then it's melt down here not being very well versed in bitcoin what is going on here is this just speculation or is this the new shiny radiant

alone and welcome to cross talk for all things considered i'm peter lavelle bitcoin for some it's the perfect marriage of technology and finance for others it's a get rich scheme though no one can deny its market value was soaring and becoming an attractive alternative to the current global banking system is bitcoin revolutionizing the world. talking bitcoin i'm joined by my guest mitch firesign in new york he is a fund manager and author of the book planet ponzi in atlantic we have jeffrey tucker he is director of content for the foundation for economic education and in cambridge we crossed garrick heilman he is a research fellow at the university of cambridge right gentlemen cross-talk rules in effect that means you can jump in anytime you want i always appreciated gary let me go to you first in cambridge explain what is going on with bitcoin i mean. i'm of the age and i used to work in finance ike i can remember the dot com bubble and then it's melt down here and not being very well versed in bitcoin what is going on here is this just speculation or is this the new shiny radiant fu

welcome back to crossfire where all things considered i'm peter lavelle to remind you we're discussing bitcoin. here let me go back to you in cambridge while it is fascinating concept these crypto currencies there is the concern of accountability you know illegal drugs arms and other kinds of illegal activity can stay stay under the radar of the authorities i mean i think that's a kind of a downside also you know when people talk about it is being a new fee currency one day i mean you know people are buying big ticket items because they are avoiding taxation and things like that so i mean in a kind of cuts both ways here i guess really the most important question will be if this kind of crypto currencies are successful what is the temptation of governments to step in to regulate it and would regulation kill it go ahead. right now it's been very interesting to watch the migration of regulatory interest across this space mean first we had law enforcement with the rise of the silk road in the online dark web so use of big coin take an interest in the sector more recently securities regulators and