Next Steps to Cryptocurrency Adoption
Fergus Hodgson, April 9, 2020 
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When stock markets and fiat currencies began tanking due to the coronavirus pandemic, it was the perfect opportunity for cryptocurrencies to shine. The price of bitcoin, however, tanked.
Unlike precious metals, the crypto-industry is not mature enough yet to be a safe haven, argues Jessica Walker, an author in emerging financial technologies and head of media production at the Malta AI & Blockchain Summit.
While adoption has increased in many developing countries and among tech-savvy industries, cryptocurrencies still need to reach the bulk of retail investors and average users.
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Our weekly segment with the Discovery Group: Chris Taylor, president and CEO of Great Bear Resources (TSX-V: GBR), explains how the firm’s flagship gold project in Red Lake, Ontario, is pressing ahead with the necessary precautions in place.
Recommended Links
- Connect with Jessica on Twitter and Facebook.
- Visit the Malta AI & Blockchain Summit.
- Check out LyCI, a basked of cryptocurrencies.
- “Bitcoin’s Coronavirus Sell-off Throws Cold Water on Safe-Haven Argument,” CoinDesk.
- “Coronavirus Forcing Bitcoin Fans To Realize It’s No Safe Haven After All,” MIT Review.
- “First Mover: Trillions in Coronavirus Stimulus Bring Out the Bitcoin Bulls,” Yahoo Finance.
If You Liked This Episode
- “Can Cryptocurrencies Beat the Dollar?” Gold Newsletter Podcast.
- “Will Bitcoin Pass the Baton to Stablecoins?” Gold Newsletter Podcast.
- “Stablecoins Offer Bridge to Usability, Compliance,” Gold Newsletter Podcast.
- “Wyoming Offers Haven for Blockchain Community,” Gold Newsletter Podcast.
Fergus Hodgson is Gold Newsletter’s roving editor. Follow him on Twitter and Facebook.
