Bitcoin 101 - Is It The New Gold?
Aaron Tang, Malaysia Country Manager, Luno
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As the United States prints more US Dollars to fund its COVID-19 related economic recovery, Bitcoin has gained more prominence, alongside gold, as a hedge against the potential devaluation that the world’s reserve currency could face.
Bitcoin is up around 70% over the last 3 months, now trading around RM40, 000 per Bitcoin.
On this episode, Roshan explores the basics of Bitcoin, where it gets its value from, and whether it's the new gold.
Luno is a platform to buy, sell and store digital assets like bitcoin and is 1 of the 3 approved digital asset exchanges by the Securities Commission.
Note: Photo was taken last year.
Produced by: Roshan Kanesan
Presented by: Roshan Kanesan
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