Caleb Watney on Bitcoin's Presence in Developing Nations

Bitcoin, a once-geeky novelty, has grown into a legitimate currency that disrupts financial markets--especially in the developing world. Bitcoin can be an alternative to failing currencies, offering an escape from oppressive regimes and hyperinflation. Mercatus MA Fellow Caleb Watney joing Tech Policy Podcast host Evan Swarztrauber to discuss Bitcoin's presence in developing nations--from backing new businesses to providing financial stability.