Cryptocurrency, like many hot-button issues in the U.S., can draw mixed reactions. Some think it is the future of global commerce, while others think it is a scam.
As part of the Seminars at Steamboat at the Strings Pavilion on Monday, July 25, Lee Reiners, executive director of the Duke Global Financial Markets Center, explained the rapid rise of crypto, why he believes it is a risky bet, and how currency may evolve technologically.
Reiners, a professor at Duke University School of Law, had worked at the Federal Reserve Bank of New York for five years. In his talk, “Cryptocurrency: The Future of Money or All Hype?” he explained the problems and potential of crypto technology.
To kick off the talk, Reiners asked the audience who had owned cryptocurrency — a smattering of attendees raised their hands. He then asked how many people in the audience would “never ever consider owning cryptocurrency.”
Laughing, a majority of audience members raised their hands. Reiners explained that...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...