MBL: Cryptocurrencies
Money Box
BBC
4.2 • 804 Ratings
🗓️ 13 January 2021
⏱️ 32 minutes
🧾️ Download transcript
Summary
Bitcoin values again capture the headlines, some central banks are developing their own digital currencies and PayPal and Facebook are entering the market.
Digital currencies are evolving rapidly but what do you need to know before you consider buying, storing or selling cryptocurrencies?
On Wednesday’s Money Box Live, Louise Cooper and guests discuss the development and the risks of digital currencies and we'd love to hear your stories too. e-mail [email protected] now with your questions and experiences.
On the panel:
Marcus Hughes, Coinbase UK and Europe General Manager Olinga Taeed, Visiting Professor in Blockchain, Birmingham City Business School
Presenter: Louise Cooper Producer: Diane Richardson Editor: Emma Rippon
Transcript
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| 0:45.7 | Welcome to the download of Moneybox Live, the program about your money. |
| 0:47.7 | Today, it's all about cryptocurrencies. |
| 0:51.8 | Hello, today's program is about cryptocurrencies, digital currencies that are not legal, not backed by governments and are not regulated. |
| 0:58.4 | So that's not legal tender, not backed by governments and are not regulated. |
| 1:02.9 | Now the most well known is of course Bitcoin making the headlines again due to its recent record high, |
| 1:09.5 | shooting up from around $10,000 in October to over $40,000 last week, plummeting in the few days since. |
| 1:17.8 | So if you've invested or traded in cryptocurrencies, we'd love to hear from you. |
| 1:23.0 | How's it gone? Have you made or lost money? |
| 1:26.7 | What's your advice for other listeners? Email, |
| 1:29.5 | Moneybox at BBC.com.com. And for those of you that are thinking of investing, then also get in touch with any questions. |
| 1:37.9 | Kicking off the programme and on the line from India is Roshir Sharma, Chief Global Strategist at Morgan Stanley Investment Management, |
| 1:46.1 | an author of the book The Ten Rules of Successful Nations. Good afternoon, Roshir. |
| 1:52.9 | Hi, Louis. It's good to be with you on the show. Great to have you. So what's been driving |
| 1:58.9 | this pretty meteoric price rise in the last few months? |
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