What the hell is bitcoin, anyway?

Bitcoin is everywhere at the moment – but understanding what the so-called “cryptocurrency” is and how it works is no easy task.Created by a mysterious developer who uses the pseudonym Satoshi Nakamoto, bitcoins exploded on to the financial scene in 2013, following enormous increases in their value.Late last year, the digital currency hit the mainstream and saw huge increases – followed just as quickly by massive drops . Some say it's the future of finance, others say it's nothing more than rampant speculation.Jeff and Shivali are joined this week by James Andrews, the Money Editor at Mirror Online to discuss what bitcoin is and how it works.We'll delve into the blockchain tech behind the trend and explain whether or not it's actually worth investing in.Thanks for listening. For information regarding your data privacy, visit acast.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices