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Bitcoin: Capital Markets Weapon of Mass Destruction or New Currency?

2021-02-12T07:40:38.687Z


Is there more than just hype from speculators behind Bitcoin and other cryptocurrencies? mm experts inform and discuss in this podcast.


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Photo: Aleksey Butenkov / picture alliance / Zoonar

At the beginning of the year, parts of the financial market are like they were in the Wild West.

First Wall Street experienced a major attack by private investors, and most recently the price of Bitcoin, the most important crypto currency, fell apart.

One of the drivers: the investment of Elon Musk's car company Tesla over 1.5 billion dollars.

In total, investors have already bunkered around $ 1,000 billion in cyber currencies - making them a real factor on the global capital market.

Nevertheless, a few crucial questions remain unanswered: Are we actually witnessing the birth of a new world currency?

Or just the rise of a new speculative object?

And do private individuals and companies have to deal intensively with cryptocurrencies - or can they leave that to the regulators?

The mm experts Mark Böschen and Christian Schütte discuss and inform about this with mm editor-in-chief Sven Clausen in this podcast.

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Source: spiegel

All news articles on 2021-02-12

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