Are Cryptocurrencies Still the Future of Money?

Explainer Video by Noah Berman, Anshu Siripurapu, and Thamine Nayeem

March 2, 2023 11:48 am (EST)

Explainer Video

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United States

What Is Temporary Protected Status?

Temporary protected status has long been used as a humanitarian solution for migrants who are unable to return home safely, but efforts to give them a path to citizenship have reignited the debate around the U.S. immigration policy.

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Central America’s Turbulent Northern Triangle

The United States continues to seek strategies for responding to the growing number of migrants fleeing poverty, violence, and other challenges in the Central American region.

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El Salvador

Are Cryptocurrencies Still the Future of Money?

Since the creation of Bitcoin in 2009, cryptocurrencies have exploded in popularity and accrued over $1 trillion in collective value. But market volatility in 2022 threatened the crypto ecosystem—after peaking at over $68,000 in November 2021, the price of Bitcoin fell to under $17,000 twelve months later. This instability has brought new scrutiny to the industry and the countries that have embraced Bitcoin as currency: El Salvador and the Central African Republic. Financial regulators are now calling for more crypto oversight, but global efforts to regulate the industry have stalled. Given this simultaneous rise in global popularity and concern, what lies ahead for digital currency and the future of finance?

Explainer Video with Noah Berman, Anshu Siripurapu and Thamine Nayeem March 2, 2023

Are Cryptocurrencies Still the Future of Money?

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