Paul Vigna
speaker
1,291 appearances
13 recordings
1 series
first heard Jul 2017
last heard Apr 2022
Paul Vigna’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · Bitcoin Too Expensive? There Are Others to Invest In · 20 Dec 2017
podcast
So Litecoin was the first one that came around.
It came out in 2011 and it's a very close version of Bitcoin with a couple of features changed.
to make it a little bit faster and cheaper.
And it has a group of developers that have been working on it.
It's, you know, it's a legitimate altcoin as far as altcoins go.
Has never really kind of gotten the attention that Bitcoin has gotten.
Ethereum has gotten a lot of attention.
Ethereum has kind of been the really big hyped so-called better Bitcoin.
That's been around for a couple of years, but has a large group of developers working on it.
That is a version of Bitcoin that has changed pretty drastically.
If you think of Bitcoin as a network, that network's goal is for the exchange of value between two people, between you and me.
So that's what it is built for.
Bitcoin is literally built to allow people to just make this transfer of value between each other.
The danger is high.
The risk is real.
I mean, you have to keep in mind two things about these markets.
One, they are very small.
Compared to any traditional market that you're used to, especially traditional U.S.
markets like the stock market or the bond market or even the commodities markets, these are very small markets.
That's why they're so volatile.
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