Making Sense of Cryptocurrencies: Part #4

Bitcoin was originally intended as a commercial tradable currency that everyone could use day-to-day.

However, as we’ve discovered in previous editions, there is a way to go to achieve that vision – mainly due to price volatility. Almost by default, they’ve become a vehicle for capital appreciation, with a total market value approaching US$[1.5]tn – the equivalent to the GDP of Australia or Spain.

But are cryptocurrencies a valuable, credible investment? In the 4th edition of our ‘Making Sense of Cryptocurrency’ series, we explore the arguments in favour and against and ask if regulatory changes are beginning to cramp the style of this maverick money.