ZB ZB
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Bitcoin will become an everyday currency, says expert

Author
Newstalk ZB Staff,
Publish Date
Tue, 12 Dec 2017, 9:42AM
What exactly is Bitcoin? (Photo \ Getty Images)

Bitcoin will become an everyday currency, says expert

Author
Newstalk ZB Staff,
Publish Date
Tue, 12 Dec 2017, 9:42AM

A Bitcoin trader claims cryptocurrency will become an everyday, normal way of paying for goods and services.

The price of Bitcoin has exploded in the past few days, with one equalling nearly NZ$25,000.

My Bitcoin Saver founder Sam Blackmore told Mike Hosking many people are confused by it because they're trying to understand all the technical aspects of the currency.

"In the future they won't need to understand exactly how mining works. They will just have a good trust in the system, that it's there and it supports them in the same way that our currency does today."

LISTEN TO SAM BLACKMORE TALK TO MIKE HOSKING ABOVE

Take your Radio, Podcasts and Music with you