# Prof. Richard Sylla discusses Bitcoin as a digital currency

1 Faculty News October 4, 2013 ![](/sites/default/files/styles/246w/public/assets/images/con_042024.jpg?itok=2qlgvZ1U)>

Excerpt from [PBS](http://www.pbs.org/newshour/bb/business/july-dec13/bitcoin_10-04.html) -- "I'm like Warren Buffett. I don't buy something if I don't understand it. And for all I know, the person who created Bitcoins would be like King Henry VIII in Britain, who decided suddenly to double the amount of British money units around, and there was a big inflation."

[Read more](http://www.pbs.org/newshour/bb/business/july-dec13/bitcoin_10-04.html)