Gillian Tett is an award-winning journalist, bestselling author, and the U.S. managing editor of the Financial Times, where she oversees global coverage of the financial markets. She is the author of Fool’s Gold: How Unrestrained Greed Corrupted a Dream, Shattered Global Markets and Unleashed a Catastrophe and Saving the Sun: A Wall Street Gamble to Rescue Japan from its Trillion Dollar Meltdown. Her latest book, The Silo Effect, published in 2015, looks at the global economy and financial system through the lens of cultural anthropology. Tett was named Columnist of the Year by the British press in 2014.
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Gillian Tett discusses how Bitcoin and blockchain are being used by some to fight poverty – but will bitcoin last?
Gillian Tett discusses how the financial industry is transforming – and whether blockchain will be relevant five years from now.
In 2014, Gillian Tett argued, “Over the past two years … Bitcoin’s value soared from $50 per Bitcoin (in 2012) to $1,150 (in late 2013), before collapsing this year to under $400, when a scandal erupted about the use of Bitcoin for money laundering. That makes Bitcoin arguably the worst-performing asset this year.”