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Home » Understanding the World of Cryptocurrencies

Understanding the World of Cryptocurrencies

December 1, 2017
Robert J. Bowman, SupplyChainBrain

It was the introduction of bitcoin nearly nine years ago that launched the concept of digital currencies, or cryptocurrencies. They offer a means of buying, selling and trading that bypasses national currencies and central banks. Although the first usage of bitcoin wasn’t for entirely legitimate purposes – it funded illegal drug sales and other underground activities – the coin has since evolved into an intriguing investment opportunity, and a potential instrument for purchasing a wide range of goods and services. Still, bitcoin and other cryptocurrencies have yet to catch on with the general public. They remain largely limited to risk-seeking investors – a source of speculation, not commerce. On this episode, we discuss the evolution of cryptocurrencies with Felix Forsgren, founder of Volatility Media and Coinworld. He explains the concept behind cryptocurrencies, how coins are “mined,” what purpose they serve, and whether they can survive the hype that characterizes them today. Can this “Wild West” be tamed? Hosted by Bob Bowman, Managing Editor of SupplyChainBrain.

Look for a new episode of the podcast, which can be downloaded or streamed, every Friday on the SupplyChainBrain website and iTunes.

Show notes:

A beginner’s guide to bitcoin and ethereum from Coinworld.

Cryptocurrency market capitalizations on Coinmarketcap.com.

Stream or download podcast here

  • Listen: Understanding the World of Cryptocurrencies

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Technology SC Finance & Revenue Management SC Planning & Optimization Global Supply Chain Management Regulation & Compliance High-Tech/Electronics Industrial Manufacturing
KEYWORDS Global Supply Chain Management High-Tech/Electronics Industrial Manufacturing Regulation & Compliance SC Finance & Revenue Management SC Planning & Optimization Supply Chain Analysis & Consulting Technology
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