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The bubble dynamics of Bitcoin

By PBS NewsHour
Narrated by: PBS NewsHour
Unabridged — 5 minutes
Audiobook
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By PBS NewsHour
Narrated by: PBS NewsHour
Unabridged — 5 minutes
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Can bitcoin be a currency if you never know its value? Living outside the traditional banking network by design, its fluctuating value makes it too cumbersome for petty transactions. Yet despite the hurdles, bitcoin and its underlying technology is seen as a kind of "digital gold." Economics correspondent Paul Solman reports.