Cryptocurrencies and blockchains power the new economy.
At the start of 2019, Mark Jeffrey boldly predicted that Bitcoin would eventually hit $250,000. At the time that seemed like a big call; given that Bitcoin passed USD $50,000 overnight, it seems not only within the realm of possibility, but perhaps shading into the probable.
We caught up with Mark today to hear his thoughts on where we are, how we got here – and what might be coming next:
PayPal is the global leader in payments. Early in 2021 they’ll offer Bitcoin to their nearly half billion users, changing how we think of money. Are we ‘crossing the Rubicon’ into a time when cryptocurrencies are used and traded by people everywhere? We put the question to INDX.CAPITAL CEO Jonathan DeCarteret and Guardian Circle CEO Mark Jeffrey.
Here’s the Reserve Bank of Australia’s press release from 2 November 2020 about partnering with CBA, NAB, Perpetual and ConsenSys to create a wholesale (for use only by banks) digital currency.
A report from Reuters on 21 October 2020 about PayPal adopting four cryptocurrencies.
On the day this episode went to air, Dan Schulman, CEO of PayPal said Central Bank Digital Currencies are ‘inevitable‘.
We’ll cover China’s Digital Currency / Electronic Payments (or DCEP) in our next episode. Lots more links when that one comes out.
Congress strangles Libra in the crib, but Zuck’s secret weapon may be fear of the Chinese digital yuan. Geopolitics — and our expert panel with Mark Jeffrey and Robert Tercek!
Some interesting links:
The South China Morning Post on China’s blockchain plans – and why the US shouldn’t seek to thwart them…
Asia Times on Turkey’s forthcoming ‘digital lira’ – because why not?
Dovey Wan’s Twitter feed has lots of information about new crypto laws in China….
Mark Jeffrey and Rob Tercek join Mark to discuss the JPMCoin, Facebook’s crypto play, the collapse of QuadrigaCX – and are 95% of Bitcoins trades bogus?
Topics: JPMorgan Coin; Facebook might earn $20B from Crypto; Jack Dorsey dedicates efforts to open-source crypto development; report submitted to SEC on fraudulent Bitcoin trading; Ethereum Classic suffers a 51% attack; the QuadrigaCX drama – and more!
The awesome Mark Jeffrey has a new series – “Crypto Explained Simply” that’s designed to teach you all about cryptocurrency:
Cryptocurrency pioneer Mark Jeffrey & “Vaporised” author Robert Tercek on the ICO collapse, Facebook’s and Sweden’s cryptocurrency, plus more!
