By now we’ve all heard of Bitcoin, but what is it and how does it work? How is cyber currency changing the way we conduct financial transactions?

Jesse Posner (@JessePosner) is a securities lawyer turned programmer. In this interview provides a primer on cyber currency, covering both its great promise and tremendous pitfalls.

Listen to this interview now:

For further reading, Jesse recommends Satoshi Nakamoto’s white paper and the forum Bitcoin Talk.

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