Spotlight: Turkey's Soaring Inflation And The Future Of Cryptocurrencies

Turkey’s currency, the lira, is plunging in value, and the official inflation rate is soaring, causing desperate people there to plunge into cryptocurrencies. When people don’t trust their domestic currencies, they will find more trustworthy alternatives. Steve Forbes on the favorite cryptocurrency in Turkey right now, on what that reveals about the future of cryptos and on how this is just the beginning of this specific class of crypto’s challenge to governments’ monopoly of money. Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

Om Podcasten

In an uncertain and rapidly changing world, Steve Forbes sits down with today’s leading business and economic minds to give listeners a better grasp of what’s ahead, and shares his own perspectives on the day’s most pressing issues.