Is Crypto Going Extinct? with Stacy-Marie Ishmael #583

There’s a decent chance that during the pandemic and the ensuing months, that you were stuck at home with some extra cash on hand, but with no way to spend that money. So you got into crypto- and unfortunately, there’s a very good chance that your holdings are worth much less and you might be a little concerned. And you’re not alone because a recent Bankrate survey showed that only about 30% of millennials are comfortable investing in crypto which is down from 50% a year ago. There’s just not as much confidence and excitement as there used to be and so we’re excited to be joined by Stacy-Marie Ishmael. For years Stacy used to work at the Financial Times where she started the blog Alphaville, she’s worked as a senior editor at Apple, and now she’s a writer & podcaster at Bloomberg where she dedicates nearly all of her time to cryptocurrencies. Listen as we discuss why crypto exploded the way that it did in recent years and why everyone thought it was going to the moon, why crypto hasn’t acted as an investing hedge, why countries are struggling to implement it as their national currency, and what the future holds in the realm of crypto!

 

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During this episode we enjoyed a Tie 11 by Monday Night Brewing! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!

 

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