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The how and why of buying bitcoin
Author: PBS NewsHour
Narrator: PBS NewsHour
Unabridged: 7 min
Format: Digital Audiobook Download
Publisher: NewsHour Productions
Published: 04/12/2018
Category: Language Arts & Disciplines - Journalism
Synopsis
The basic idea of bitcoin is simple: Instead of a financial institution holding a bank ledger, a chain of computers linked through the internet are all using the same software to record and verify every transaction. But how can a cryptocurrency be worth anything in the first place? Economics correspondent Paul Solman reports.