05.19.2022 - By BBC Radio 4
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