Bitcoin is everywhere at the moment – but understanding what the so-called “cryptocurrency” is and how it works is no easy task. Created by a mysterious developer who uses the pseudonym Satoshi Nakamoto, bitcoin s exploded on to the financial scene in 2013, following enormous increases in their value.

Late last year, the digital currency hit the mainstream and saw huge increases – followed by massive drops just as quickly. Some say it’s the future of money, others say it’s nothing more than rampant speculation.

Jeff and Shivali are joined this week by James Andrews, the Money Editor at Mirror Online to discuss what bitcoin is and how it works. Make sure you never miss an episode of the Future File podcast.

Wherever you’re subscribing, we’d love to hear your thoughts on the show so leave us a rating and review! We’ll delve into the blockchain tech behind the trend and explain whether or not it’s actually worth investing in.

Our regular Future File podcast will take a look at different aspects of the technology industry in an effort to understand how and why it benefits you. Read more from mirror.co.uk…

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