PROGRAM DETAILS

Is Bitcoin a Bubble?

Instructor
William Luther
Category
Current Events / Other
WPL02074

Course Description

The price of bitcoin soared from around $1,000 in February 2017 to an astounding $19,343 in December 2017. Today, the price of bitcoin is around $7,000. Naturally, many are left scratching their heads. What is bitcoin? How are bitcoin payments processed? Why has the price of bitcoin fluctuated so much over the last year? Why does it remain so valuable today? Will governments ban or regulate bitcoin? Will alternative cryptocurrencies displace bitcoin? What roles will bitcoin and its underlying blockchain technology play in the future of payments? In this lecture, William J. Luther addresses these questions in order to consider the fundamental value of bitcoin and give the attendees a basic understanding of bitcoin and money markets.


About the Instructor

  • William J. Luther is an assistant professor of economics at Florida Atlantic University, director of the American Institute for Economic Research’s Sound Money Project, and an adjunct scholar with the Cato Institute’s Center for Monetary and Financial Alternatives. As of June 2018, he was ranked 18th on the Social Science Research Network’s Top 8,000 Economics Authors.

Upcoming programs presented by William Luther.

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