Crypto’s future: Stable investment or risky gamble?

We’re talking about cryptocurrency. Wednesday Bitcoin topped $100k again and with a crypto-friendly administration coming into the White House, is crypto finally mainstream?

Air Date: December 12, 2024 12:00 pm

(Billy Penn illustration)

With Bitcoin topping $100,000 and a crypto-friendly administration coming into the White House, cryptocurrency has taken a major step into the spotlight.

But a real debate continues about its future. While some major financial institutions are embracing and adapting to the change, others remain wary of investment.

Unlike traditional currencies issued by governments, cryptocurrencies like Bitcoin and Ethereum are not controlled by any central authority, which makes them less susceptible to government interference or manipulation. Is that an argument for or against crypto? And what should average investors know about how this change could affect their savings and retirement accounts? As more people and businesses legitimize digital currencies, understanding the underlying technology and its implications becomes essential in navigating this rapidly evolving financial ecosystem.

Guests:
David Yaffe-Bellany, New York Times reporter covering the crypto industry

Lee Reiners – law professor at Duke University and crypto skeptic

Danny Nelson – reporter with CoinDesk and crypto optimist.

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