EPISODE

David Golumbia: The Future of Bitcoin

HEARSAY CULTURE RADIO

Episode 261

September 16, 2016

00:56:15

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Hosted by Dave Levine

ABOUT THIS EPISODE

Bitcoin, a digital currency with no central bank, has changed world finance. This early conversation explores the powerful, erratic effects of cryptocurrencies like Bitcoin on global economics. Based on David Golumbia’s book, The Politics of Bitcoin, this Hearsay Culture newsmaker interview captures the meteoric rise of Bitcoin in 2016, when its market value was just above $600 (it since peaked 10,000% higher in 2021 at $63,000) and before the FTX collapse. How can a digital currency with direct user-to-user (peer-to-peer) transactions disrupt conventional business practices?

Regarding Bitcoin fluctuation compared to the other currencies: “Bitcoin is not even in the same ballpark of ‘something that moves.’ 10,000% is not safe. Even if that is a positive movement for you. That is not stability.” – David Golumbia

The Future of Bitcoin

Bitcoin Graph

“If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.” – Satoshi Nakamoto, Bitcoin inventor

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David Golumbia: The Future of Bitcoin

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ABOUT THE GUEST

David Golumbia

Dr. David Golumbia, Professor, Digital Studies, Virginia Commonwealth University

Dr. Golumbia’s work focuses on digital studies, contemporary American literature and culture, philosophy and linguistics. He is the author of The Politics of Bitcoin and The Cultural Logic of Computation.

HOST BIO

DAVID LEVINE

Dave Levine is the founder and host of Hearsay Culture. He is a Professor at Elon University School of Law and an Affiliate Scholar at the Center for Internet and Society (Stanford Law School). From 2014-2017, he was a Visiting Research Collaborator at Princeton University’s Center for Information Technology Policy. He is also the co-author of Information Law, Governance, and Cybersecurity (West 2019). A regular contributor to Slate, Dave has been published in leading newspapers, websites, and academic journals in the US and EU.

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