Bitcoin turned 11 years old on January 3, 2020. It continues to be the world’s most famous cryptocurrency, but many roadblocks to its widespread adoption remain.
Price volatility is one limitation that new competitors called stablecoins are trying to solve, explains Demelza Hays, editor of the Crypto Research Report and a university teacher in Liechtenstein.
She argues bitcoin is more of an investment asset and not for everyone; most people rather seek in money a stable unit of account for everyday production and consumption.
In our weekly interview with the Discovery Group, we review Great Bear Resources’ impressive 2019 achievements and 2020 plans with its president and CEO, Chris Taylor.
Show notes: http://goldnewsletter.com/podcast/bitcoin-stablecoins-pass-the-baton/