News Column

Cryptocurrencies Explored at @SFUVan Speaker Series Talk

July 2, 2014

BURNABY, British Columbia, July 2 -- Simon Fraser University issued the following news release:

Bitcoin is just one of a number of emerging 'cryptocurrencies' with the capacity to make us rethink the way we conduct our banking, according to Simon Fraser University economics professor David Andolfatto. He'll speak at the latest edition of the SFU Vancouver Speaker Series, Cryptocurrencies: Bitcoin & Beyond, on July 7, 7 p.m. at the Segal Graduate School of Business.

During the public lecture, Andolfatto, who also serves as vice president, Research Division for the Federal Reserve Bank of St. Louis, will discuss money, payments, and monetary policies.

Moderated by Georgia Straight editor Charlie Smith, the evening will also feature a panel discussion with Andolfatto and cryptocurrency commentators Stephen Hui (web and technology editor for the Georgia Straight), and Michael Yeung (founder of SFU's Bitcoin Club).

"Bitcoin, or shall I say the decentralization of balancing a ledger, is an inevitable part of our future financial system," comments Yeung, who is pursuing a Bachelor of Business Administration degree at SFU's Beedie School of Business.

"Bitcoin allows people to teleport monetary value of any size to others in a frictionless, feeless manner, with few restrictions, without the need for trust and therefore the need for intermediaries."

Joining SFU in 2000, Andolfatto received his PhD in economics from the University of Western Ontario (1994) and has published extensively on labour markets and monetary policy. He is currently a member of the president's senior advisory council at the Federal Reserve Bank of St. Louis.

The SFU Vancouver Speaker Series is presented by SFU Public Square, in partnership with SFU Vancouver and SFU's Vancity Office of Community Engagement.

The event is free, but registration ( is required.

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Source: Targeted News Service

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