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Podcast: In Focus by The Hindu
Episode: Decoding the cryptocurrency crash and what happens next | The Hindu In Focus Podcast
Description: Bitcoin and other leading cryptocurrencies crashed last week, with prices falling by nearly 50%. A mind-boggling $1.3 trillion of market value was wiped out. Despite such a massive crash, investors and traders on Wall Street and elsewhere continue to be bullish about cryptos such as Ethereum. And in all the mayhem, the role of tech billionaire Elon Musk remains a puzzle.And yet, diehard crypto-investors still believe that in the not-so-distant future, many banking functions will be displaced by decentralised, blockchain protocols, smart contracts, and so on, making cryptos an attractive investment option in the present. To help us...