Podcasts
14 May 2020 

Listen: Are digital currencies a “total scam” or moving into the mainstream?

The Covid-19 crisis and its impact on currencies in some emerging markets has fuelled distrust in governments and central banks, and ignited interest in digital alternatives. In this podcast, ING economist Carlo Cocuzzo discusses whether the current pandemic could accelerate the adoption of digital currencies around the world

Algorithms vs politicians

Lebanese protestors held a mock funeral for their local currency earlier this month after a financial crisis, exacerbated by the coronavirus, sent it into a tailspin. With other emerging markets also feeling the pain of a strong dollar, proponents of digital currencies are touting the benefits of a system run by algorithms rather than politicians and central banks. In this podcast, ING's Senior Editor Rebecca Byrne asks Digital Finance Economist Carlo Cocuzzo whether the economic damage caused by Covid-19 could speed up the adoption of digital currencies, or whether Nouriel Roubini, who called bitcoin a "total scam", is right to be sceptical.

Content Disclaimer
This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more