The how and why of buying bitcoin

The how and why of buying bitcoin

By PBS NewsHour
$0.99
Quantity:
window.theme = window.theme || {}; window.theme.preorder_products_on_page = window.theme.preorder_products_on_page || [];

The basic idea of bitcoin is simple: Instead of a financial institution holding a bank ledger, a chain of computers linked through the internet are all using the same software to record and verify every transaction. But how can a cryptocurrency be worth anything in the first place? Economics correspondent Paul Solman reports.