Scientific American Talks The Rise of Cryptocurrency
Jen Schwartz, senior editor and blockchain expert at Scientific American, talks the magazine's latest articles on the rise of Bitcoin and what impact cryptocurrencies may have on our future.
Schwartz digs into how what people currently love about cryptocurrency could be seen as a threat in the future. One of the positives of cryptocurrency is its lack of centralization and regulation. But if entire countries begin to use it as their national currency, everything citizens purchase will be seen by the government.
Schwartz digs into some of the biggest questions around the rise of Bitcoin today - how will it benefit everyday people in the long-term? What happens if the bubble bursts, and what will that do for investor trust in cryptocurrency?
Schwartz gives her advice for people looking to possibly invest in Bitcoin, adding that if you are not concerned with losing money and you're looking to experiment, make the investment. If risk is a big concern for you, investing in crypto right now may not be the right move.
Beatriz Acevedo, CEO of Suma Wealth, discusses the challenges in building financial habits among Hispanic youths and talks about how the company will be prioritizing funds from its recent $2 million raise.
Sian Morson, founder and editor of The Blkchain, talks about the challenges digital artists of color face getting opportunities to advance their careers and ways NFTs are redistributing wealth.
Planet Fitness CEO Chris Rondeau joined Cheddar's "Opening Bell" to talk about the gym chain's Q3 earnings beat. He said while home workouts have sufficed for people amid the pandemic, they are not a substitute for in-person workouts in facilities such as their own. "Now that people can get out and go about their day as their normal life, I think we're now reaping the benefits of people getting out to being normal again," he said.
A new report out by the Center for Countering Digital Hate shows how just ten publishers are responsible for the bulk of climate change misinformation on social media--and companies like Facebook and Google are making money off them. Imran Ahmed, CEO of the Center for Countering Digital Hate, joined Cheddar to discuss.
Many are celebrating Marvel's 'Eternals,' the most diverse film the company has ever made. CAPE has teamed up with other nonprofits to launch the #oneopen campaign, tied to the Eternals, which aims to support and amplify films led by diverse talent. Michelle Sugihara, the Executive Director of CAPE, joined Cheddar to discuss.
A recent token called 'SQUID' which was developed after the Netflix series Squid Games has now cost several investors to lose their investments. According to Gizmodo, the developers have now walked off with $3.3 Million thanks to them not allowing buyers to sell any of their coins. The question now is: How can one protect themselves from being caught up in any crypto scams? The Host of the O Show Wendy O, joined Cheddar to discuss more.
Dr. Rachel Cleetus, Policy Director and Lead Economist of the Climate and Energy Program for the Union of Concerned Scientists, joined Cheddar News to discuss the COP26 summit.
The U.S. economy added 531,000 jobs in October beating expectations by a large margin. Mark Avallone, founder and president at Potomac Wealth Advisors, joined Cheddar to dive into the numbers and discuss trends like the gains made in leisure and hospitality. "When you look at the hotel chains, the travel-related opportunities out there, they are booming," he said. Avallone noted that delayed life events like weddings have added to the growth, noting that, "The pent up demand for activities that people postponed, plus the desire to enjoy life, is all systems go right now, and I think that's something we're going to see more of."
