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Episode 891: Who Won The Bet Over Bitcoin?

A waitress shows how to pay for a coffee with bitcoins.
A waitress shows how to pay for a coffee with bitcoins.

In 2014, we brought two people together to make a bet over the future of bitcoin.

Ben Horowitz, a venture capitalist whose firm had already invested millions of dollars in cryptocurrency companies, thought bitcoin would change the way people bought stuff online. Felix Salmon, a financial journalist, took the other side. He thought bitcoin's rising price would make people unlikely to use it to buy stuff.

Recently, we asked a polling company to conduct a nationally representative survey of the public's use of bitcoin, and we're ready to announce those results. Today on the show, we declare a winner.

Music: "Alright Alright," "Todo Mundo," "Edge of Fear" and "Hit Me Back."

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