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Recommended Watch: What role for cryptocurrency in the 21st century? • FRANCE 24 English (youtube.com)
Cryptocurrency has become a global phenomenon in recent years. More mainstream financial institutions are now embracing crypto assets, while two countries have adopted Bitcoin as legal tender. But there are many concerns around the technology and its capacity to disrupt traditional financial systems, even as Russia's war in Ukraine has highlighted its potential as a geopolitical tool. Sean Lee, senior advisor at the Crypto Council for Innovation joins Kate Moody to talk about the future of cryptocurrencies.
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    Francisco Gimeno - BC Analyst One of the biggest issues with crypto is that it has not reached the level of being massively used, for many reasons. One of them is that its market, even growing, it is just a small part of the global financial markets. However, States and traditional finance are taking notes and seeing how to work with it, as a digital economy is by now unavoidable. There is yet a long road before we all can use crypto for almost everything, and the debates (like the one saying that crypto mining is extremely bad for the fight against climate change) will continue this whole decade. One day, maybe, maybe we will pay our coffee cup with crypto everywhere in the world.