Matthew DeBord


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search engine by freefind scheduled as the guest speakers for the 216th meeting of the Karl Hess Club, to convene on June 18, 2012.



    Matthew DeBord on "Bitcoin Digital Currency: A Decentralized Online Money System."


Bitcoin is an experimental digital currency, created in 2009 by Satoshi Nakamoto, that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Managing transactions and issuing money are carried out collectively by the network.

Bitcoin is also the name of the open source software that enables the use of this currency.

To learn more, see Benjamin Wallace's article in Wired magazine. Also see Kyle Shurman's book: Bitcoin: Free Money or Fraud?

Matthew DeBord will discuss Bitcoin's concept, history, and political ramifications in a world where economies are largely managed by central authority regimes, and both hard (commodities) and soft (fiat) currencies are subject to manipulation and devaluation.

DeBord will also discuss the challenges which have confronted this new form of money, including the recent theft by electronic hacking of millions of coins from a large "wallet."

Is Bitcoin really useful or worth anything? What's in it for you? How can you get it? Can it change everything?

Come to our 18th Anniversary meeting and find out!


    About the Speaker:


Matthew DeBord hosts the DeBord Report on 89.3 KPCC-FM and blogs about economics at

He's written about economics, business, and finance for The New York Times, Washington Post, Los Angeles Times, Slate,, the Huffington Post, and on his DeBord Report tweets.

He's appeared on NPR, KCRW's "To the Point" with Warren Olney, "America Now" with Andy Dean," MSNBC, RT, Radio France, China Radio International, and the Tokyo Broadcasting System.

He's a graduate of Clemson and New York universities, He spent three years on staff at Wine Spectator magazine and is the author of The New York Book of Wine and Wine Country USA.

He lives in Los Angeles with his wife, Maria Russo, and their three young children. He can be reached at: mdebord at scpr dot org.