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What exactly is Bitcoin? And why is it important? In this short online course featuring Dr. William Luther of Kenyon College, you will learn the basics of Bitcoin and some of the more advanced questions surrounding this mysterious currency. Will Bitcoin be the death to national currencies as we know them? What gives Bitcoin its value? And why is the creator of Bitcoin hiding his (her? their?) identity? We might not be able to unmask the founder...

Keywords:: altcoin, purchasing power, securities exchange commission, irs, medium of exchange, banking secrecy act, block chain, economics, cryptocurrency, regulation, switching costs, monetary demand, financial crimes enforcement network, central bank, bitcoin, federal reserve, money supply, internal revenue service, network effects, commodity money, video, money, sec, monetary stability, lecture, fiat money, quantitative easing