In the final episode of Dollars Seen Differently, Graham Dobbs from TMU discusses the basics of cryptocurrency. Graham explains that cryptocurrency, unlike traditional currency, is a decentralized digital form of money, often managed through blockchain technology. He explores types of cryptocurrencies, such as Bitcoin, altcoins, and stable coins, and discusses the security risks, volatility, and privacy features that distinguish them from traditional currencies. Graham also considers how cryptocurrencies may act more as a speculative investment than as practical currency substitutes. This episode offers listeners an informative look into cryptocurrency’s complex role in today’s economy, highlighting both its potential and challenges.
Show notes: https://www.cnib.ca/sites/default/files/2024-11/Dollars%20Seen%20Differently%20Episode%2010%20-%20An%20Introduction%20To%20Cryptocurrency%20.pdf