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Intersection: The Promise & Pitfalls Of Cryptocurrency

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Over the course of 2017, the value of one bitcoin spiked from about $1,000 to nearly $20,000. Since then the price of bitcoin has fallen below $7,000. 

The cryptocurrency boom has created a new breed of billionaires, including the likes of Cameron and Tyler Winklevoss, the former classmates and business partners of Facebook founder Mark Zuckerberg. But there are also fears of a cryptocurrency bubble.

Bitcoin may be the best known cryptocurrency but it’s not the only one out there. Joining Intersection to explain how cryptocurrency is changing the way we do business, Business Insider reporter Frank Chaparro,  Avani Desai, executive vice president with Schellman, and Victor Romero CEO of Orlando cryptocurrency exchange Mercury Cash.

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Matthew Peddie

About Matthew Peddie

Host of WMFE's Intersection & Assistant News Director

Matthew Peddie grew up in New Zealand and studied journalism at the University of Western Ontario. After graduating with an MA in Journalism he returned to Christchurch, working as a reporter for Radio Live and Radio New Zealand. He’s reported live from the scene of earthquakes, criminal trials and rugby ... Read Full Bio »