Cryptocurrency Podcast: Experts debunk myths about crypto

Episode 157,  Dec 02, 2021, 01:19 PM

The cryptocurrency market has been gaining immense popularity. Between 2020 and 2021, the world of crypto gained considerable traction and has been witnessing mixed trends.

There is increasing room for doubt lurking among investors while they try to decipher this global technological wonder. The crypto markets have witnessed extreme volatility in the last few days, experts on CNBC-TV18 have highlighted the big risks involved for novice investors.

While this market is volatile, there are also several myths associated with investing in crypto.

Manisha Gupta of spoke to Harsha Raja, founder of Ethereum Push Notification Service and Rashmi R Padhy, VP- Biz Operation at WazirX to debunk the common myths about blockchains and crypto that can help skeptics and non-believers understand the nuances of the globally popular asset.

A cryptocurrency or crypto is a collection of binary data, which is designed to work as a medium of exchange over the Internet and used outside existing banking and governmental institutions. Cryptocurrency does not exist in physical form and is not backed by or convertible into a commodity.

In this edition of the Cryptocurrency Podcast, experts talk about how investors in India have taken to the frenzy of investing in crypto while navigating the myths and realities of the tool.

Tune in to the Cryptocurrency Podcast for more

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