Alden Stout, associate professor of philosophy at Morningside College, will present a lecture “Bitcoin Innovation and the Public Good” at 7 p.m. Feb. 26, in Weikert Auditorium in Buhler Rohlfs Hall on the Morningside campus.

Alden Stout, associate professor of philosophy at Morningside College, will present a lecture “Bitcoin Innovation and the Public Good” at 7 p.m. Feb. 26, in Weikert Auditorium in Buhler Rohlfs Hall on the Morningside campus.

The lecture will address current and potential societal impact from Bitcoin, a digital currency that has recently moved from relative obscurity to front page news.

“In 2013, the total market capitalization for Bitcoin, and other digital currencies, broke $1 billion for the first time. In 2018, it topped half a trillion dollars,” Stout said. “Once you start talking in the trillions, it is time to think about the impact of digital currencies to our broader social concerns.”

Stout joined the Morningside College faculty in 2011. He has a doctorate in philosophy from Purdue University.

The Col. Bud Day Center for Civic Engagement at Morningside College is sponsoring the lecture, which is free and open to the public. The Col. Bud Day Center for Civic Engagement focuses on activities related to civic awareness and citizenship on campus and in the Sioux City area.