203 - Is this the year crypto crashes?

I've no idea whether crypto and Bitcoin in particular will crash, double or stay where it is. No one does. In economic terms, cryptocurrency is definitely SOMETHING, but at this stage, it is patently not money. Join us as we explain how Bitcoin is clearly an asset, but its is definitely not money. Why a good way to look at money is to imagine it is like language and why money is a technology not a commodity. Could 2022 be the year to be cautious around the speculative asset that is crypto or time to double down despite recent declines? Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.