Is Bitcoin a Fad or the Currency of the Future?
The price of bitcoin recently hit $88,000, yet it remains a speculative currency with few present-day commercial uses. Why is bitcoin so compelling to certain investors, and what is its potential for everyday use? Join Steve Odland and guest Hollis Hart, former president of international franchise management at Citi and a senior fellow at The Conference Board's ESF Center, to learn why there’s a finite amount of bitcoin available, the differences between bitcoin and other cryptocurrencies, and how governments have responded to this new technology. (00:22) Introduction to Cryptocurrencies (02:15) Bitcoin's Mechanics and Decentralization (05:26) Bitcoin's Supply and Market Dynamics (07:13) Commercial Use and Speculation (15:48) Ethereum and Other Cryptocurrencies (20:30) Blockchain Technology and Its Potential (27:25) Regulatory Concerns and Conclusion