Barry mcNamara  |  Published November 10, 2022

Understanding Cryptocurrency

Professor Mike Connell to discuss Bitcoin at downtown Monmouth Associates luncheon on Nov. 17.

MONMOUTH, Ill. – Most people aren’t close to having a handle on cryptocurrency such as Bitcoin – what it is, exactly, and whether or not it’s a trend that will catch on and dominate the future.

MIKE CONNELL: Longtime Monmouth economics professor will speak about cryptocurrency on Nov. 17. MIKE CONNELL: Longtime Monmouth economics professor will speak about cryptocurrency on Nov. 17.Monmouth College economics professor Mike Connell will provide some clarity about the subject at the next Monmouth Associates luncheon, which will be held off campus at noon Nov. 17 at Meks on Main, 201 N. Main St.

“Money is such a simple device that children use and understand it, and yet it is so devilishly complex that empire builders utilize it to conduct global trade and finance exchanges that will occur in the future,” said Connell. “Over time, money evolves to ever more efficiently serve the participants of commerce.”

That said, Connell will ponder if Bitcoin is the next step in that evolutionary process or if it’s “a pot of gold mirage at the rainbow’s end.”

The Associates talk is free, but there is a $15 charge for the luncheon portion of the program. Individuals attending the meal are asked to make reservations by Nov. 14 by phone at 309-457-2231 or by email at alumni@monmouthcollege.edu.

Parking will be available in the city lot at North 1st Street and East Archer Avenue or at the corner of North Main Street and West Boston Avenue.

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