Gavin Andresen on Bitcoin

On the podcast this week, Gavin Andresen, project lead of the open source, decentralized, and anonymous virtual currency project Bitcoin, talks about the project. Andresen explains how the peer-to-peer currency functions and talks about what allows Bitcoin to operate without a central bank, why it doesn't have to rely on intermediaries, and how it overcomes the double-spending problem. He also discusses the project's implications for government regulation, what attracted him to the project, and Bitcoin inventor Satoshi Nakomoto's motivation for creating the currency.

Related Links


"Online Cash Bitcoin Could Challenge Governments, Banks," by Jerry Brito
Bitcoin: A Peer-to-Peer Electronic Cash System (pdf), by Satoshi Nakomoto
ClearCoin, Andresen's startup Bitcoin escrow service
"How to Start Your Own Private Currency," The Atlantic

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