Chad Cascarilla – An Interview about Bitcoin

Featuring Chad Cascarilla, co-founder of itBIT

We talk Bitcoin with Chad Cascarilla, CEO and Co-Founder of itBIT, a digital currency exchange that can be used by institutional investors and retail investors to trade Bitcoin with U.S. dollars, Singapore dollars and Euros worldwide.

Published on
27 October, 2014
Topic
Crypto-currencies, Financial System
Duration
21 minutes
Asset class
Crypto-currencies
Rating
14

Comments

  • AF

    Andrew F.

    2 9 2015 20:57

    0       0

    This is the reason of why the mining of Bitcoin cannot exceed the 21 million.
    Source from Wikipedia.
    https://en.bitcoin.it/wiki/Controlled_supply

  • PD

    Philip D.

    30 6 2015 12:56

    0       0

    The finite number of Bitcoins mentioned needs elaboration.How does it as a digital currency encourage productivity, considering its adoption seems to reduce human participation in the workforce.

  • JO

    John O.

    29 6 2015 04:21

    0       1

    What happens when the blockchain ledger of cumulative transactions gets just too huge to store and distribute and update every 10 minutes?.

  • GG

    George G.

    28 6 2015 15:22

    2       0

    News of Capital controls in Greece make this a timely reprise...Nice choice guys

  • CC

    Christopher C.

    28 6 2015 14:06

    0       0

    Short Title Companies and Title insurance?

  • DB

    Duncan B.

    30 12 2014 15:00

    3       1

    I understand that each BTC can be divided into 100,000 Satoshis. Why can't one just use 1 Satoshi to register, say, one's house, or car, or whatever? And how does this generate value for the BTC?

  • RO

    Robert O.

    30 11 2014 07:40

    1       2

    Have there ever been any Malware attacks on a Bitcoin system? As the value of the assets in the system increases the incentive to rob this new bank will likely follow.

  • WM

    William M.

    16 11 2014 10:54

    1       0

    great intro to Bitcoin...it would be helpful to have another to explain the algorithm and 21 million limit etc.

  • DH

    Damian H.

    14 11 2014 13:42

    2       0

    The QWERTY comment is absolutely brilliant. Very insightful...

  • JH

    John H.

    9 11 2014 22:56

    0       0

    first REAL explanation I've heard. A good start.

  • RO

    Rickard1 O.

    31 10 2014 03:00

    0       0

    Clarification: something needs to be EXPONENTIALLY better than linear, not logarithmically. Because math.

  • RP

    Raoul P.

    30 10 2014 18:42

    7       0

    the 21 million number is impossible to change due to the algo. However, side chains can allow for other forms of cryptocurrencies but these will not be Bitcoin.

  • DP

    Daniel P.

    29 10 2014 15:06

    2       1

    Agreed guys, I need more info on the 21 million number, if Bitcoins are computer generated, what's to stop them going all FED on our asses 'printing' more?

  • SL

    Seth L.

    27 10 2014 23:41

    3       0

    To follow up with the 21 million number, is it possible this is not a permanent limitation? This a16z podcast brings up that question:
    http://bit.ly/1pS7qQw

  • HU

    Henry U.

    27 10 2014 17:56

    3       0

    I wish one of the questions were, why are there 21mill bitcoins, who came up with this amount?