Women Take Stock

S1 Ep6 Wading Into The World of Cryptocurrency

December 28, 2020 Lori Souza Season 1 Episode 6
Women Take Stock
S1 Ep6 Wading Into The World of Cryptocurrency
Show Notes

This week, we are going to take a look into our crystal ball and explore the future of money. Okay, that’s a bit of a stretch. We don’t have magic powers. If we did, we’d just look up next week's lottery numbers and be done with it. But the truth is, there are plenty of people who are adamant that the future of money isn’t green paper; they say it looks more like 1s and 0s. Which makes sense because when’s the last time any of us used cash?

So, we are going to try to wrap our heads around cryptocurrency, which the New York Times once called “the crazy cousin of traditional currency.  Some people say the entire future of finance is heading down the crypto path and people and even banks and some governments are signing on for the ride… while others say it is totally insane and —- Warren Buffett even called it “demented”  — so there’s that. 

But whatever happens in the future, we’re intrigued and want to know more!  It's complicated stuff…luckily we have a special guest — the crypto-educator Lori Souza of the YouTube channel The Innovative Economy. She does a  very good job of making this otherworldly sounding currency into something a bit more relatable.