Chris McCann on Cryptocurrency in the Real World
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Cryptocurrencies are still in their infancy, as it seems most people agree, but it also feels like we’ve reached a tipping point. Even in Crypto Winters when Bitcoin prices crash, undeniably formative companies and global leaders (Starbucks, Microsoft, Visa, Facebook, the entire nation of China!) continue to make significant bets on the space. As we move from a speculative era into today, driven by more and more people investing time and money into the Bitcoin ecosystem, how do we know that digital assets will find a regular, scalable place in the world? What happens if crypto totally upends the “real” (is that fair to say?) financial markets? Are we in danger of that? What happens if there is a recession in the U.S. again - does Bitcoin become more attractive as an alternative to a centralized federal money system? And what is money, anyway? Bethany’s guest Chris McCann, partner at Proof of Capital, chats about all this and more.