Is cryptocurrency the future of money?



Bitcoin, the best-known cryptocurrency, is reeling from a two-month freefall. Despite this, many still see crypto as the future of money. While Bitcoin may be part of our future, many of us don’t fully understand it. Brook Silva-Braga has more.

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40 thoughts on “Is cryptocurrency the future of money?

  • April 13, 2022 at 6:47 am
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    hmm … this video came up SECOND when I searched Youtube for "CBS Sunday Morning cryptocurrency" (yes, I searched 'SUNDAY')

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  • April 13, 2022 at 6:47 am
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    I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN… I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED… CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?

    Reply
  • April 13, 2022 at 6:47 am
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    Crypto is the solution to a problem that doesn't exist. The entire function of ANY currency is facilitate trades, and if I can't spend the currency anywhere then it's useless. How are you supposed to know how much money you have when the value of BTC is drastically changing value constantly?

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  • April 13, 2022 at 6:47 am
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    Great video and some nice tips! This is a scary time for new investors but the best thing you can do is not to make decisions based on emotions. This could actually be a good time to buy more of your high conviction stocks or crypto on a discount. Wealth is created during bear markets, not bull markets. If your portfolio is really effecting your mental health then delete the app and go for a walk. Let the market do its thing and have a long time horizon. I buy and just trade long term more than ever, I have made over 16` btc from day trading with kathleen rife in few weeks this is one of the best medium to backup your assets incase it goes bearish

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  • April 13, 2022 at 6:47 am
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    Crypto will die

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  • April 13, 2022 at 6:47 am
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    HELLO, I'M NEW TO CRPT0 AND FOREX TRADING AND I HAVE BEEN MAKING HUGE LOSES TRADING ON MY OWN BUT RECENTLY I SEE A LOT OF PEOPLE EARNING FROM IT. CAN SOMEONE PLEASE GIVE ME A NEW STRATEGY OR AT LEAST TELL ME WHAT I'M DOING WRONG?

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  • April 13, 2022 at 6:47 am
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    That was ridiculous reporting yes Pizza actually will be another common with bitcoin.

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  • April 13, 2022 at 6:47 am
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    DORAEMON INU is the evolution in the market financial .

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  • April 13, 2022 at 6:47 am
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    i feel those who would allow the market
    dynamism to determine when to trade or not are
    either new in space in general or probably just
    naive, the sphere have seen far worse times than
    this, enlightened traders continue to make good
    use of the dip and pump even acquiring more
    equities towards trading sessions, l'd say that
    more emphasis should be put into trading since
    it is way profitable than hodling. Trading went
    smooth for me as I was able to raise over 9.2
    BTC when l started at 1.5 BTC in just few weeks
    implementing trades with signals and insights I would advise you all to trade
    your asset rather than holding for a future you aren't
    sure about

    Reply
  • April 13, 2022 at 6:47 am
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    😁Hello Mrs Sophia is legit and her method works like magic I keep on earning every single week with her new strategy..

    Reply
  • April 13, 2022 at 6:47 am
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    The 666 Antichrist agenda is underway

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  • April 13, 2022 at 6:47 am
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    Yes I’m so happy right now, I didn’t believe in this program before but I receive my profit 1btc to my wallet address.

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  • April 13, 2022 at 6:47 am
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    Crypto Chubs Inu gonna be huge!

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  • April 13, 2022 at 6:47 am
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    Polkawar might interest you, they will be the future of GameFi, Polkawar game lauch very soon and will be listed on top tier exchange

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  • April 13, 2022 at 6:47 am
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    Dear politician boomers; retire please. Thank you.

    Reply
  • April 13, 2022 at 6:47 am
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    I will forever appreciate this channel, you've helped me and my family a lot, your videos, advice, lessons and funny words are Inspirational and helpful to us. My husband and I have been able to minimal, conscious in spending, saving and investing wisely, I now earn every week. You're such a blessing to this generation, we all love you

    Reply
  • April 13, 2022 at 6:47 am
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    On crypto you pay capital gains tax when you take it out. So any purchase you make with your crypto is taxable by the IRS for capital gains, no matter if you buy a pizza or a car. So much for private. block chain has a life time unchangeable record of every transaction you make. No hiding it. Unless you only deal with people who have private wallets. All commercial bossiness that take crypto will have to have a wallet that the IRS can track.

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  • April 13, 2022 at 6:47 am
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    EXCELLENT TIME FOR BUYING ETHERIUM AND BITCOIN AND HODL!

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  • April 13, 2022 at 6:47 am
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    BTC is for the elites and politicians. Ethereum is for the people.

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  • April 13, 2022 at 6:47 am
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    Bitcoin is not that hard to use, the guy with the app just didnt know what he was doing.

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  • April 13, 2022 at 6:47 am
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    El dinero es un tema que todos tenemos para una vida mejor y lujosa. La vida fue difícil para mí hasta que comencé con Bitcoin y ahora gano £ 9,500 por semana.

    Reply
  • April 13, 2022 at 6:47 am
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    Mrs Jane is legit and her method works like magic I keep on earning every single week with her new strategy

    Reply
  • April 13, 2022 at 6:47 am
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    I came here to learn about bitcoin after listening to an investment podcast where the guest mentioned how he made well over $250,000 within 3 months of investing $70,000. somehow this video taught me nothing and left me even more perplexed, I'm a newbie and I'm open to ideas on how to invest for retirement

    Reply
  • April 13, 2022 at 6:47 am
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    🖕 THE GREAT RESET!
    🖕 THE NWO!

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  • April 13, 2022 at 6:47 am
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    What people don't understand about crypto is that its value is determined by its position relative to a stable currency, such as the Dollar. In other words, if there was no stable currency to base it from, then it wouldn't have a perceived value. People tend to think Bitcoin's value is created based on how many people are using it, when in reality its value is created based on how much things cost around the user. So for example, if the pizza they just purchased cost say $5, they will send 5$ worth of Bitcoin ( they send X amount of Bitcoin relative to a stable currency price ). If a stable currency was not in the picture, then the pizza would cost 1 Bitcoin on Monday and 5, 283 on Thursday. What keeps this from happening is that the dollar's value doesn't change all that much in 3 days. It is for this reason crypto will not be the future of currency, unless a way to stabilize its volatility AND create specific value can be added to it. The dollar is tied to physical assets and commodities, and unless we all plan on living in the Metaverse, physical assets will continue to be the dominate factor tied to ANY stable currency.

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  • April 13, 2022 at 6:47 am
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    the fact that people pay 1-3% to buy and sell the coin is beyond me!

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  • April 13, 2022 at 6:47 am
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    Fiat is dying

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  • April 13, 2022 at 6:47 am
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    Bitcoin is not for buying pizza .. would you buy pizza with gold ??

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  • April 13, 2022 at 6:47 am
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    Cryptocurrency is not back up by the federal reserve 🙄 greed and stupidity will make them lose it all

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  • April 13, 2022 at 6:47 am
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    Get ready to go broke overnight by one hacker's mouseclick!! lol "There's a sucker born every minute and two to take him."

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  • April 13, 2022 at 6:47 am
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    Buy Bitcoin with the dollar 😆

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  • April 13, 2022 at 6:47 am
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    No one needs crypto until humans are living on the moon.

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  • April 13, 2022 at 6:47 am
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    It's only a matter of time before the US citizens put the blame on the US Government for being indecisive and pretend to be blind from the start. You just wait, US will have to bail US Cryptocurrency investors out from stolen Cryptocurrency. If our Gov doesn't, the market will crash.

    Reply
  • April 13, 2022 at 6:47 am
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    I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN…I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED… CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?

    Reply
  • April 13, 2022 at 6:47 am
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    Bitcoin is 38k now. Fake news

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  • April 13, 2022 at 6:47 am
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    Yes crypto is the future. Money will still be there but crypto will be huge as it is already

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  • April 13, 2022 at 6:47 am
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    Thank you CBS for featuring me in your news channel!

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  • April 13, 2022 at 6:47 am
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    it's not backed by nothing. it's backed by thermodynamics. it's the energy based money henry ford and bucky fuller were looking for.

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  • April 13, 2022 at 6:47 am
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    You should have included the lightning network if you wanted to talk about speed and cost

    Reply

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