19 December 2013, 16:46

Bitcoin's future in Europe and the US

A pile of Bitcoin slugs sit in a box ready to be minted in this April 26, 2013 file photo in Sandy, Utah.

A pile of Bitcoin slugs sit in a box ready to be minted in this April 26, 2013 file photo in Sandy, Utah.

A pile of Bitcoin slugs sit in a box ready to be minted in this April 26, 2013 file photo in Sandy, Utah.

WASHINGTON (VOR)– What is a bitcoin, and what is it worth?

The virtual currency is becoming all the rage in some circles, but some economists and governments are a bit more skeptical.

In Russia, you may receive your Bitcoin. The European Banking Authority (EBA) on Friday in the wake of sharply increased interest in Bitcoin issued a statement about the risks of using virtual currency while EBA is considering the need for regulation in this area.

Later, the head of Sberbank German Gref told reporters that Russia's largest bank is not excluding emissions of virtual currency similar Bitcoin.

We look at the issue from a multi-cultural perspective, with guests from the U.S., London, and Moscow.

In London:

Michael Parsons, Bitcoin Entrepreneur

In Boston:

Mark Williams, Executive-in-Residence/Master Lecturer at the Department of Finance and Economics, Boston University

In Moscow:

Yaroslav Lissovolik, Chief Economist at Deutsche Bank, Russia

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Mark Williams, currency wars, Yaroslav Lissovolik, TriCapital Bridge, Bitcoin, Michael Parsons, VOR America Shows
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