Jul 15, 2019
This week, John and Sam talk about the recent rise in the price of Bitcoin. Bitcoin and other cryptocurrencies are back in the spotlight since Facebook announced the launch of the Libra, it’s own form of cryptocurrency. Why are cryptocurrencies back on the rise after what happened in 2018? Where is the value in Bitcoin coming from? Currently cryptocurrencies are seen as volatile replacement for precious metals. As cryptocurrencies become more valuable, what happens to the value of the dollar? Should we expect to see Bitcoin become more widely accepted in the future?