In this podcast from EconTalk and the Library of Economics and Liberty, Gavin Andresen, Principal of the BitCoin Virtual Currency Project, talks with host Russ Roberts about BitCoin, an innovative attempt to create a decentralized electronic currency. Andresen explains the origins of BitCoin, how new currency gets created, how you can acquire BitCoins and the prospects for BitCoin’s future. Can it compete with government-sanctioned money? How can users trust it? What threatens BitCoin and how might it thrive?

Find the talk here:

http://www.econtalk.org/archives/2011/04/andresen_on_bit.html

The BitCoin website:

http://www.bitcoin.org/