The Bitcoin bubble continues to grow - eventually, it will burst. Provides background on underpinnings of currency and money, explains Bitcoin - what it is, how it is produced etc. - examines advantages and disadvantages of Bitcoin, and analyzes the Bitcoin scheme providing substantiation for a Ponzi like effort on part of the anonymous Bitcoin inventors.
My interest in Bitcoin stems from my ongoing research into failure – personal, corporate, institutional. Having had the opportunity to experience the dot.com bubble firsthand and then three ensuing global financial crises, I was deeply intrigued by the Bitcoin phenomenon and moved to create this presentation.