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

CBC Radio | Posted: January 17, 2021 9:00 AM | Last Updated: January 17, 2021

Image | AFP_WX0BU

Caption: 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)

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Audio | Cost of Living : The boom in bitcoin and whether you need to care about cryptocurrencies

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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.

The Cost of Living ❤s money — how it makes (or breaks) us.
Catch us Sundays on CBC Radio One at 12:00 p.m. (12:30 p.m. NT).
We also repeat the following Tuesday at 11:30 a.m. in most provinces.

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.

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

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