CU2204. Digital Assets - It's Not About Bitcoin

Despite the recent downturn in cryptocurrency prices that ushered in the current “crypto winter” there is still phenomenal interest and transactions taking place in the space. Today, the focus is still on speculative investing and, unfortunately, a “get-rich-quick” mentality. But where are we going? And what kind of future will we discover there? Surprisingly, the answers lie in our past. This session will explore the many parallels to the early days of the internet, then step forward to take a look at potential future scenarios, including the use of blockchain in real estate.  See this short video for an overview of cryptocurrency:  https://www.pscu.com/video/202...

Learning Objectives:

• Distinguish the differences between a decentralized coin and a stablecoin
• Recognize areas that credit unions can (and can't) participate in digital assets
• Identify 5 "next steps" credit unions can be doing today