Rob Verger, Assistant Tech Editor at Popular Science, joins Cheddar to discuss the growing popularity in bitcoin. As of Tuesday morning, the cryptocurrency was inching towards trading at $12,000.
There is a lot of risk and volatility within this market, and Verger says if you're investing money, it's at your own risk. Since there is no central entity overseeing bitcoin, it's hard to regulate what it trades at. Verger says blockchain and the technology behind bitcoin won't ever change, but the value of its worth will.
Plus, there are concerns over liquidating bitcoin. He talks about buying and selling through an exchange, and the risk of that exchange not having the funds to back investments. It's edging closer to mainstream, and the technology behind the currency is becoming stronger and stronger.
Scientists in Mexico are testing innovative methods they hope can be employed to locate the overwhelming number of people missing due to cartel violence.
Atomic-6 CEO Trevor Smith unveils ultralight rocket parts & “Space Armor” composites, backed by ISS legend Chris Hadfield, revolutionizing debris defense.
Blake Scholl, Founder & CEO of Boom Supersonic, shares how he launched the company to building the future of flight with test flights and major airline deals.
