Dialectic Discourse Episode 1 - The Bitcoin Scene in Nepal Paluwa Podcast

Technological revolution has refashioned the nature of currency. Beginning from the barter system there has been a great deal of change in nature of transaction. In place of paper money, electronic money (digital payment system) is being used by lots of people. In addition, virtual currencies, mainly bitcoin are also in the scene. Some of the countries have legalized its mining and transaction but it is still a very new concept in our society. A research paper was presented by the presenter, which contained the detailed study of legality of bitcoin in Nepal as well as its merits and demerits. Commentators asserted their views regarding its utility and emphasized on need of proper legislative instrument regarding virtual currency.