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May 07, 2013, 07:59:49 PM
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Bitcoin, Bubbles, and Volatility as a Virtue

Peter Earle, economist and trader, examines the market for alternative currency and its limitations, promise, and volatility.

http://www.youtube.com/watch?v=CyFKDfciNFQ
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May 10, 2013, 01:01:40 PM
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I liked the discussion with Pete because he is a trader as well.

However, the lending/borrowing function does not really need to change that much. Lenders will price based on perceived risk and level of collateral. Both parties will hedge exchange rate risk via derivatives markets. Happens all around the multi-currency world today.

Also, arbitration and a free market for law has been prototyped at http://www.judge.me/about
Founding Director, Bitcoin Foundation
I also cover the bitcoin economy for Forbes, American Banker, PaymentsSource, and CoinDesk.
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