Cryptocurrency: What you Need to Know

Are cryptocurrencies going mainstream? And what should you know before you accept cryptocurrency as payment? Rachel Cannon, partner at Steptoe and Johnson LLP, reveals the truths of cryptocurrency and what you need to know now.

Skip ahead to these topics:

:49 – About Rachel Cannon

1:20 – How Rachel got interested in cryptocurrency

3:00 – What is cryptocurrency and how did it start?

5:30 – Who is engaging with cryptocurrency and why?

7:00 – What should people consider before accepting cryptocurrency?

9:33 – They myths surrounding cryptocurrency

12:45 – Example of Russian community that leveraged cryptocurrency to bypass their local banking system

15:25 – The merits of blockchain and cryptocurrency

18:50 – The volatility of cryptocurrency

22:00 – What are NFT’s?

26:25 – Why brands are using NFT’s

27:00 – Why artists love the blockchain

28:10 – What does cryptocurrency regulation look like?

33:30 – What is the future of cryptocurrency?

35:05 – Sources to learn more about cryptocurrency

Connect with Rachel at rcannon@steptoe.com

To learn more about Data Dialogues: https://www.equifax.com/business/trends-insights/data-dialogues-podcast/