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Mostly Money

61 EpisodesProduced by Preet BanerjeeWebsite

Why does coffee taste better when you pay with cash? How did a victim of human trafficking take her knowledge of how the money flows in that world to become a law enforcement consultant? How does an economist think about Bitcoin? There's so much more to money than just investment portfolios.Mostly M… read more

1:13:18

95: Bitcoin, Ethereum, Blockchain and more, explained by economist Andreas Park

If bitcoin, cryptocurrencies, and blockchain have you feeling confused, THIS podcast episode is for you. 

There is a strong correlation between bitcoin cheerleading and bitcoin’s price. Whenever the cryptocurrency has seen a rapid increase in price, mainstream media coverage rises and social media goes crazy like it always does. But… how many people really know what they are talking about? 

Is this another case of return-chasing behaviour combined with “a little knowledge being a dangerous thing”? My guest on today’s podcast is one of the few people who can help answer a lot of questions about cryptocurrencies. Dr. Andreas Park is a professor at the University of Toronto and his research and interests have been focused on financial market structure, financial technology, and studying innovations in cryptocurrency and blockchain. 

And don’t worry, whether you already know a bit about cryptocurrencies or are starting from scratch, I think we hit a nice balance between explaining the basics and diving a bit deeper into the actual economics to explain how you can judge for yourself if the space is suffering from too much hype or not. 

Resources and Links for this episode:

Twitter: https://twitter.com/financeUTM

Website: https://sites.google.com/site/parkandreas/

YouTube: https://www.youtube.com/user/andreaspark2812/



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