New Intelligence Squared Debates
Monday, May 14 & 21, 2018 at 9 PM
May 14: Bitcoin is more than a bubble and is here to stay.
Is Bitcoin here to stay, or is it a bubble waiting to pop? Less than a decade old, Bitcoin is worth billions. The cryptocurrency promises to revolutionize global finance by placing control of currency in the hands of users, not nations, and make financial exchanges more transparent, efficient, and democratic. And it seems to be taking hold: Earlier this year both the Cboe and CME debuted Bitcoin futures. But is Bitcoin really a safe bet? Proponents say the hype around the cryptocurrency is warranted, and previous critics – including executives at JPMorgan and Goldman Sachs – are increasingly jumping on the Bitcoin (block)train. On the other hand, skeptics suggest this highly volatile digital currency offers a platform for illicit activity, including money laundering and trafficking of humans and drugs, free from government oversight and regulation. And, they argue, Bitcoin has no intrinsic value – the price is based on market enthusiasm rather than actual utility. This debate is presented in partnership with Adam Smith Society's 2018 National Meeting.
May 21: Negotiations can denuclearize North Korea.
How should the United States respond to North Korea’s rapidly advancing nuclear capabilities? Some experts suggest the upcoming summit between President Trump and Kim Jong-un might provide a pivotal diplomatic opportunity to persuade North Korea to give up its nuclear weapons – especially in light of the announcement of harsh new sanctions. But others are more pessimistic, arguing that we’ve been down this road before and that denuclearizing North Korea is more of a pipedream than a legitimate strategic goal. Can Trump and Kim strike a deal to halt North Korea’s nuclear aggression? Or will the talks inevitably fail, heightening tensions and increasing the likelihood of fatal miscalculations?
Presented in partnership with Georgetown University, LIVE at the first Georgetown University Women’s Forum.