Looking beyond the Crypto Winter
Cryptocurrencies came to life in 2009, with the birth of the Bitcoin, and their existence since has been a rollercoaster. Their price and number began to snowball - around 20,ooo cryptocurrencies are now estimated to be in existence, before a first asset bubble caused a crash in 2018. In 2020 came the next boom and at their peak in November 2021 the price of bitcoin was $67,500. But one year on – with rising inflation and turmoil in financial markets and also long-standing weaknesses of the sector such as fraudulent practices and inadequate governance strategies - a new crash has seen the price of bitcoin hovering at $16,500. Experts are calling this the next "Crypto Winter"
In this Story Scanner episode, Massimo Amato, professor at Bocconi and expert on monetary economics, and director of the Observatory on Monetary Innovation, New Technologies, and Society (MINTS), discusses what lies ahead, if this the end of crypto or if the sector will bounce back, and if regulation is the answer to provide stability, transparency and protection
You can listen to the podcast here
≥ Spotify https://open.spotify.com/episode/7xHnco6QITXBGsliQ9p3Dp?si=efH_j8TxSnyGTNLJ1kOQcA&nd=1
≥ Apple Podcasts https://podcasts.apple.com/it/podcast/12-looking-beyond-the-crypto-wint…
≥ Spreaker https://www.spreaker.com/user/unibocconi/220433-unibocconi-storyscanner-podcast-0_1
≥ Google Podcasts https://podcasts.google.com/feed/aHR0cHM6Ly93d3cuc3ByZWFrZXIuY29tL3Nob3cvNDk0NjYxNy9lcGlzb2Rlcy9mZWVk/episode/aHR0cHM6Ly9hcGkuc3ByZWFrZXIuY29tL2VwaXNvZGUvNTE0ODU3ODY?sa=X&ved=0CAUQkfYCahcKEwjQx_u8zsv6AhUAAAAAHQAAAAAQAQ
And on Youtube:
Looking Beyond the Crypto Winter | Podcast #12
