You likely have heard of cryptocurrency, blockchain
technology, and Bitcoin, but what is it, really? In this episode, we focus on the fascinating world of cryptocurrency, with high-level descriptions of Bitcoin and blockchain technology. We discuss the pros and cons of digital currency and provide a look back at their development. The growing fraudulent
schemes and types of frauds that are occurring using cryptocurrency are described including the findings of a recent FBI report. Brief clips from notable crypto investors, bankers and regulators such as Michael Saylor, Jaime Dimon, Warren Buffett, SEC Chair Gary Gensler, and John Reed Stark reflect their views on cryptocurrency. Along the way, we highlight the red flags for investors to consider to stay fraud-free.
Website: Barratt Consulting Group
LinkedIn profile: Jim Barratt, CPA, CFF | LinkedIn
Voiceovers by Cat Stratakis.