Bitcoin and blockchain: the future of money or overhyped? Join the debate

Are we facing the next frontier of currency? Like bartering and banknotes before it, blockchain could revolutionise the way we distribute wealth and account for our transactions. A recent World Economic Forum survey found that most experts think blockchain, the technology that underpins bitcoin, will become mainstream by 2025. But for every person who thinks blockchain is the future of money, there’s another that thinks it’s all just fantasy hype. We’ll be putting these opinions head-to-head.

The FT is hosting a debate that includes you, our readers, in an integral role. On Wednesday, September 14 at 1pm UK time, Izabella Kaminska of FT Alphaville will face Simon Taylor, co-founder and blockchain director of 11FS. Izabella thinks blockchain and bitcoin are an utter waste of time; Simon believes strongly in the future of crypto-currencies. The debate will be live for one hour, moderated by Carola Hoyos, editor of the FT’s report on accounting.

We want you to join in and help us write the story. Share your questions and opinions in the comments here (under Live Reader Comments), or by emailing ask@ft.com, before and through the debate. Together they will form the front page story of the FT's report on accountancy to be published on September 22.

Here is a terminology glossary for reference from Blockchain Technologies.

Read more

Bitcoin and blockchain: the future of money or overhyped? Join the debate

Are we facing the next frontier of currency? Like bartering and banknotes before it, blockchain could revolutionise the way we distribute wealth and account for our transactions. A recent World Economic Forum survey found that most experts think blockchain, the technology that underpins bitcoin, will become mainstream by 2025. But for every person who thinks blockchain is the future of money, there’s another that thinks it’s all just fantasy hype. We’ll be putting these opinions head-to-head.

The FT is hosting a debate that includes you, our readers, in an integral role. On Wednesday, September 14 at 1pm UK time, Izabella Kaminska of FT Alphaville will face Simon Taylor, co-founder and blockchain director of 11FS. Izabella thinks blockchain and bitcoin are an utter waste of time; Simon believes strongly in the future of crypto-currencies. The debate will be live for one hour, moderated by Carola Hoyos, editor of the FT’s report on accounting.

We want you to join in and help us write the story. Share your questions and opinions in the comments here (under Live Reader Comments), or by emailing ask@ft.com, before and through the debate. Together they will form the front page story of the FT's report on accountancy to be published on September 22.

Here is a terminology glossary for reference from Blockchain Technologies.

Read more