and we're back with rick fucking and founder of the swedish pirate party and cryptic currency vangelis discussing the future of bitcoin welcome back rick now do you think that governments can come up with its own version block change currency make it traceable registered and insured or not really ever evades taxes or fines or heights their profits i know banks are trying to citigroup for instance is definitely doing it right now. there are governments trying there are banks trying there was this sort of mantra or cliched last year on year before last it's not about bitcoin it's about the under innovation of bitcoin called the block chain which is a solution to a really really really hard problem as in the century how do you make sure that a lot of people are agreeing on everybody's account balances. because there's obviously an interest in somebody saying that no i have more money and everybody else needs not agree with that governments and banks don't really think in this way but thanks to think that they can start a block chain technology and then issue more money down the road gover

because in cash and founder of the swedish pirate party. the new bitcoin craze is making people rush into cryptocurrency investment with the digital money skyrocketing value putting it into the spotlight but aside from causing a new gold rush bitcoin is promising to completely transform the way we use money what will peer to peer money exchange do to the global banking system what role will the world's governments be left with when bitcoin goes global and can overcome its unstable nature to bring about a radical financial revolution. yeah welcome to the show it's really great to have you on our program now you predicted bitcoins thousand fold increase back in two thousand and eleven and indeed from one dollar in february twenty level here a record high while most seven thousand eight hundred eighty dollars last week that had a plunge and it's back up again now why does it keep growing and is there any price limit for coins yes there is a price limit for bitcoin encrypt a currency it is not it cannot displace more money exists in the world s

of bitcoin cash founder of the swedish pirate party and cryptocurrency evangelist discussing big point in the future of finance that's it for this edition of sophie and paulson and. global warming. dropping bombs brings to the chicken hawks was the battle. for the tell you that will be the public let. me. tell you. all week long on walking. simply. that didn't have ten miles from absolute. depends on both that's when he cares for that day with. less impact the council as a placenta own up at a sauna meeting there. were sort of my lemon who speculate hint that me or the now with jamie has a hunk on the arm. now at the five they get less in but because hell i got money but that never. seemed like him to make them for you and me or hear me measure how comforting closer he got because of me it's because he is so c seven when i would. apply for many clubs over the years so i know the game and so i got. the ball isn't only about what happens on the pitch for the final school it's about the passion from the fans it's the age of the superman kill the narrowness and spending to get to the twent