For many people, cryptocurrency and crypto assets are not easily understandable concepts. On this UVA Speaks podcast, Robert Parham, assistant professor at the McIntire School of Commerce, explains how crypto assets are the digital equivalent of a gold bar and how the concepts of scarcity and durability play out in this digital context. Learn about the terms “blockchain” and “asset bubbles.” In the end, Professor Parham reminds us that crypto assets can still be considered a highly volatile and risky asset class. Transcripts of the audio broadcast can be found at https://www.rev.com/transcript-editor/Edit?token=nFH5-eIU9U_H0EGuswrR18Uex4fgPquuh5w85pkY0KxquXOI27HhMQETmQ9rOdVH6WrOeV_pUkjK9ZQm2sJRQuWxSOM&loadFrom=DeliveryEmail Robert Parham, assistant professor, conducts research on the growth of high research and development firms. He recently documented how the transfer of firm-specific knowledge to new employees creates a constraint on the pace of firm growth. Before joining the McIntire faculty, Parham was head of the cybersecurity academy at the Israeli intelligence corps and a cybersecurity product manager at Microsoft. He also helped found MUV Interactive, an Israeli Internet-of-Things startup, and is a consultant to several other startups.