Interview: Bitcoin Expert Jeffrey Tucker

“I was multitasking, and as one person came up to ask a question, I almost hit send on a $20,000 transaction. It was a scary moment, because if it happened there is no way to cancel it, and you have to say, ‘Listen, good friend, can you send it back to me?'”

American economist and cryptocurrency expert Jeffrey Tucker joins Merion West to discuss how cryptocurrencies may shape the economy of the future, some drawbacks to how they are currently used, and how they intersect with individualism and collectivism. Here he chats with Hans Riess.

Mr. Tucker, you have held a strong presence in the cryptocurrency space. You have written about Bitcoin and other cryptocurrencies. You are also a managing partner at Vellum Capital, an investment firm specializing in cryptocurrency assets. What do you think we will see next for cryptocurrency?

I should mention my primary affiliation is as Editorial Director to the American Institute of Economic Research, and I consult for a lot of crypto companies and blockchain companies but mostly as an informal advisor.

What’s next in the cryptocurrency space? I think we are going to see gradual adoption but probably not in dollar-based economic regions. We have got a lot of companies that are building products right now and working out the infostructure. We are in a discovery period to find out what this new technology can do, and we are setting the stage for something eventually that nobody can foresee.