
About this episode
On a special edition of Perino on Politics, former Commodities Future Trading Commission Chairman Chris Giancarlo, aka the crypto-dad, explains cryptocurrency at a 30,000-foot level. At its heart, crypto is a new architecture of finance. Chris explains that it's an alternative investment; as traditional finance begins to recognize it and banks start forming crypto strategies, is it worth investing in?
Uphill battle: Crypto companies need to work more with consumers to better understand the currency and why someone can place value on something online and call it money.
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