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In 2009, the world’s first online cryptocurrency, Bitcoin, was launched using blockchain technologies. Now, thousands of cryptocurrencies are in circulation, including some backed by the Dubai and Chinese governments. In this episode, our new host Amelia is joined by Associate Professor Vidy Potdar and Professor Saurav Dutta, to discuss how widespread cryptocurrencies will be in the future. To discover more episodes: http://curtin.edu/t9hfy2 Relationship between cryptocurrencies and blockchain [01:10] Taking power from banks [04:00] High energy consumption – as much as Belgium [08:49] Prone to hacking? [11:59] Explaining Bitcoin, Ethereum, Ripple, Litecoin and Tether [13:27] Can anyone get involved? [18:19] Vidy’s and Saurav’s projects [23:09] Government responses [26:20] Will cryptocurrencies replace fiat money? [29:57] This episode was released on 7 December 2020