with Dean Daley
Bitcoin is an illusion, a mass hallucination, so one hears.
It’s Just numbers in cyberspace, a mirage, insubstantial as a soap bubble.
Bitcoin is not backed by anything other than the faith of the fools who buy it and of the greater fools who buy it from these lesser fools. And you know? Fair enough.
All this is true. What may be less easy to grasp is that UK Sterling pound notes are like wise an illusion.
We look into what bitcoin is, and other Crypto Currencies and also the Blockchain technology.