Is the crypto bubble bursting?

29:11
 
Share
 

Manage episode 329061233 series 1301271
By BBC and BBC Radio 4. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Last week cryptocurrency suffered it’s ‘black Wednesday’ moment. Investors raced to withdraw their funds and more than $200billion was wiped off the cryptocurrency market. One currency lost 98% of its value. Ironically it was a so-called “stablecoin”, whose value is meant to be pegged to currencies like the dollar, that collapsed. Was this a solitary - but very costly - blip or is the crypto bubble in danger of bursting? Joining David in the briefing room are: Gavin Brown, Associate Professor in Financial Technology at The University of Liverpool Jemima Kelly, columnist at the Financial Times Dominic Frisby, MoneyWeek columnist and author of Bitcoin: The Future of Money? David Shrier, Professor of Practice, AI & Innovation with Imperial College Business School Stephen Diehl, a software engineer and crypto writer. Producer: Ben Carter Editor: Richard Vadon Studio manager: Neil Churchill Production co-ordinators: Siobhan Reed & Sophie Hill

225 episodes