
Unmasking cryptocurrency from both a financial and technological standpoint
The David McWilliams Podcast
00:00
The Difference Between Bitcoin and Cryptocurrency
CNN's John Defterios asks Stephen Kuchins to explain the difference between Bitcoin and other crypto assets. He says there is no meaningful distinction between Bitcoin and the rest of these Crypto assets, which trade on a narrative basis. The value of Bitcoin should be zero until it has some sort of claim on future cash flows or pays coupon, he says.
Transcript
Play full episode