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WWL>Topics>>12-12-13 12:35pm Garland: on Bitcoins

12-12-13 12:35pm Garland: on Bitcoins

Dec 12, 2013|

Garland talks with Dr. Rajesh Narayan of LSU about Bitcoins.

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Automatically Generated Transcript (may not be 100% accurate)

All right welcome back Garland brought -- -- with -- were broadcasting live from lunch breaks and try and raise who can go. Food itself. Regular food and more importantly -- You bring -- -- Food orbit can. By an awful lot more than we can be very quickly. Regular route to a -- Gives Google get in the world that -- put them on them by -- Tell people what you get polite -- For ten dollars we can take that in provide 28 meals the mean for folks and stuff so -- you. -- you can multiply. Oh absolutely and and like -- that before we really appreciate the food donations -- in a lot of food donations both today last night. Organic cleared him all you combine to donate -- to -- on to trade center. Absolutely appreciate it puts -- thing about going by the grocery -- it's been in ten -- twenty dollars extra when you're doing your shopping. Are just making a special troops you can donate directly to second -- that -- you know we can we can make you feel a lot further. Just by our economies of scale our relationships with the US the UA local grocers and all via discounts that we -- Not to mention that we're -- we can make a little further here we're gonna talk. About the -- into our way and being on the -- Bryant. Cameron professor of finance human and banking expert doctor welcome to show. On. Probably -- accurate and chose on pit bull. And macular build an accurate and we -- -- Bluntly. You know. Increasing. There's only -- would have won the war in real. Time. As ruling him become much currency but -- wouldn't interest in or probably. Ball -- and dropped. Problem last. Of Reading and broad look at the cool thing you it does him well. Or considering -- dollars -- currency. Torture. Look how many it seems that this is an innovative way to -- them eager payment which is what the currency air land and good. Our mark commerce today is on line. I think it's great to move in the right direction I think our challenge is that -- Central banker would then have to do I'm viewed at but. Suspect back then thought about that -- Or at these these are the things that I would -- incentives could have possibly come true. The way I understand that this all came about in -- encrypted email encrypted email. From someone calling himself. Cool while. But hockey sent hero. And that would be ignite your. Of what we now have. US senate and house in the -- the threats. Talking about it viable or that part I thought was impossible. But it has come true. Is this is something. That libertarians. Or -- or -- could look at it and say while. We're could have worldwide currency without all the regulations or the middle men. Between the banks enough. Even the big one world they're all I -- and the people who are quote quote reducing the currency are the minor. They're regulated so what you currently years. I'd be centralized. Central -- If you. Just have 1 central back -- current industry into the economy. You have multiple miners' -- all over the world. Doing their. But you're with a limited stock. The money which is what caught 1000 odd bitcoin. Problems. Sorry -- Well I mean you know one of it and think about saying -- the war. Eddie. Total stock. When he one million tons of golf. And that's what we're now going to use it on whichever way we you know piece that vote. And we've now seen but the problems political -- have -- in the -- -- over the -- -- declines. All right don't go -- And they're quick break come right back -- -- about. Col collection any comments who's who wrote 17. Arlen rob and it would be broadcast live. Remove politics race and -- in who we just below for all week eleven. Come on back we're working group's second apartment moved back there a law hungry people out there. Christmas thank you went without food we -- in particular can't. Dollar bill. Also includes India cut off. -- -- -- -- All right what -- court of doctor are part of Brian camera. Experts from. Banking and financial markets were about -- -- that you that you want money. And that led to this show will argue stability your -- but it shows that experts from. All over the world talking about it in the message -- got a chance this is that's gonna happen. And I think in the beginning they were worth the and the team dollars apiece and the leaders that -- that thousand dollars -- Doctor. -- in their young guy girls sitting out there and I think I got a thousand box. Board the board the invest letters this bill dear reader series. I think it's very very speculative calm. You know at the end of today. I -- today you are actually buying. Foreign currency. -- domestic currency. You're spending a thousand dollars and US currency. And buying. And digital currency calm it hasn't -- that calculating non Libyan currency or a currency aunt and uncle happen. Republic. Outback where the current state at that point he would. Com. What -- on the final question. I'm I'm not kidding you'll look at it this from Forbes magazine and I have at least seven article orders. Courting used the pollution in England go longer on. There is now all these web site called Earth's path in the actions mark. And they are well funding. The murder. Of leaders. Of the world. And he lied about the name. The real whipped by all government. Trying to push their encryption have been so for and they take their their funding and their money. From the -- Is that something that governments have -- in -- control. I think. Is that. Clearly debate where patent maybe. It's a cryptic in. That you know that it very deep and rely -- -- -- And the girl crawled climbed it web site out there are no one on global control it and it. There's no one campaign that -- well government and try. In depth and the right. But it probably very -- war. Well they are exposed. Doctor in the run and always pleasure to have on -- thank you so much will do the short game and hopefully we'll get back. I can tell my attitude you have good.

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