Crypto Currency Explained by Currency Expert

Crypto Currency Explained by Currency Expert 150 150 Dr. Diane Hamilton

As part of my nationally syndicated radio show, Take the Lead, I interview top leaders and successful individuals who share their success stories. Bitcoin and cryptocurrency expert and CEO of FIREapps Wolfgang Koester, sat down for a live interview with me.  He was named as one of the “100 Most Influential People in Finance” and is regularly included in Global Finance’s annual “Who’s Who in Foreign Exchange”. To hear the entire interview, you can go tohttp://drdianehamilton.com/episodes and https://www.youtube.com/watch?v=wMm8R6WJObU&t=1105s.

The following are highlights of what he discussed in our interview:

  • What is crypto currency and Bitcoin
  • The security and traceability of crypto currency
  • Block chain technology or ledger technology and digital mining
  • Supply and demand of Bitcoin and why the price changes
  • 130 cryptocurrencies out there – creating a market for currency
  • How many crypto currencies there should or will be
  • Countries like Russia and others going with crypto currency soon
  • Chinese raise to beat others to become dominant currency and displace the dollar
  • Millennials interest in crypto currency
  • Criminal activity hiding transactions
  • Winklevoss Bitcoin marketers will never spend their money
  • How much is in circulation
  • Difficulty getting out of digital currency
  • Rules getting made up as we go and scamming