Cryptocurrency: The Future of Money in a Digital World? I NOVA Now
2024-12-24T16:40:12+0800

Subscribe for free to get all episodes of NOVA Now on Apple Podcasts at https://apple.co/2U5GyYp The internet revolutionized how we communicate and exchange information. Now, it’s causing the ways in which we invest and spend money to change, laying the foundation for cryptocurrency. How this digital currency functions—much like the inner workings of the internet itself—is invisible to most. But the ongoing explosion of interest and investment in cryptocurrency is undeniable. In September, El Salvador became the first country to accept Bitcoin as legal tender. Meanwhile, China announced a ban on all crypto trading and mining. So what exactly is cryptocurrency, and how risky is it to invest in it? Is the future of money heading in a digital direction? With help from innovators paving the way for the future of money in a digital world, Dr. Alok Patel learns what the hype is all about. NOVA Now is a production of GBH and PRX. It’s produced by: Terence Bernardo Ari Daniel Jocelyn Gonzales Isabel Hibbard Sandra Lopez-Monsalve Rosalind Tordesillas Julia Cort and Chris Schmidt are the co-Executive Producers of NOVA. Dante Graves is Director of Audience Development. Sukee Bennett is Senior Digital Editor. Christina Monnen is Associate Researcher. Robin Kazmier is Science Editor. Lorena Lyon is Digital Production Assistant Devin Robins is Managing Producer of Podcasts at GBH. Our theme music is by the DJ that makes it rain with funky beats, DJ Kid Koala. © WGBH Educational Foundation 2021