In recent years, mathematicians, cryptologists, computer programmers and others have been working quietly on the problem of how to create a system of exchange that bypasses the central banks and allows for instantaneous, pseudonymous, free transactions between individuals anywhere on the globe. Their answer: Cryptocurrency, with its most well-known representative, Bitcoin.
A currency as loved and hated as it is misunderstood by the public and misrepresented in the press, Bitcoin has created passionate advocates and powerful enemies as it continues to maintain a price that many believed impossible. To gain perspective on the Bitcoin phenomenon and what it really represents, last week I had the chance to talk to Roger Ver, an entrepreneur and Bitcoin early adopter who travels the world spreading the message about Bitcoin and freedom. This is our conversation for Boiling Frogs Post EyeOpener Video Report this week.