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TEDxPSU - Eric Mockensturm - The Unexpected Rise of Digital Currency

Eric Mockensturm is an Associate Professor of Mechanical Engineering at The Pennsylvania State University. Eric's passion for computers and technology is evident through his development of iOS applications such as Polywords. This passion pushed Eric to become more involved in the "mining" of bit coins. The mining of this digital currency has the enormous potential to impact our economy by providing an open-source project for currency used all over the world. Bit coins have been somewhat controversial in their existence. Eric will delve into the implications of the digital currency's future. In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
Length: 16:37

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