Bitcoin evokes surprisingly strong emotions, not only among investors, but technophiles, entrepreneurs and those seeking alternate forms of payment and currency. With recent issues surrounding some of the exchanges, Bitcoin's rapid rise seems to have cooled--which exposes another significant problem, namely that building and maintaining a stable currency infrastructure does not happen overnight. Yet Bitcoin and its major offshoots and competitors clearly serve a growing need, one that many traditional investors did not realize existed. This panel will examine not only how Bitcoin and other "cryptocurrencies" work, what markets they serve and how they might survive and grow in the future. We'll discuss another set of key questions: What kind of regulation is likely in the wake of the Mt. Gox debacle? And how can government oversight be made compatible with the mission of virtual currencies?
Milken Institute Discusses Bitcoin
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