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The boom in bitcoin and whether you need to care about cryptocurrencies

After a big rise in value several years ago, followed by a huge crash, bitcoin quadrupled in value since last fall. So are cryptocurrencies going mainstream? Or is this a bubble waiting to burst?
CBC Radio ·
A visual representation of the digital cryptocurrency bitcoin is held at the "Bitcoin Change" shop in Tel Aviv back in January, 2018. The value of bitcoin has changed a lot in the years following. (Jack Guez/Getty Images)
Cost of Living10:08The boom in bitcoin and whether you need to care about cryptocurrencies

Bitcoin is back. After a big rise in value several years ago, followed by a huge crash, the cryptocurrency has quadrupled in price since last fall.

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So are cryptocurrencies going mainstream? Or is this a bubble waiting to burst?

And either way, if you keep all your money in, well, actual money — do you actually need to think about this?

Paul Haavardsrud talks with players in the crypto and more traditional markets to find out.

Click "listen" at the top of the page to hear this segment, or download the Cost of Living podcast.

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