CNN CNN Newsroom With Pamela Brown January 24, 2022 00:53:00
Stores won't take crypto currency. it's what is called a unit of account, which is you go to the store and does the store say $8 or how many bitcoin it will cost? it's a store value but it's a pretty rotten store value. when i get $10 out of the atm, i'm pretty sure i'll still have $10 tomorrow. when i have a bitcoin it might be worth $60,000 one day and $30,000 the next, and i just don't need that sort of risk in my life, frankly. >> that's fair. give us the other side of this argument in favor of these currencies. >> so the optimists think this is technology better than good ol' u.s. dollars...