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Cryptocurrency Movement Is Happening

May 06, 2021 3:35 PM ETSTRIP5 Comments
John M. Mason profile picture
John M. Mason


  • The cryptocurrency movement is accelerating as more and more money is attracted to the space and more and more deals take place as the industry grows and combines.
  • The cryptocurrency movement has been "looking for its legs," looking for the ways it might become more economically viable, and now it seems to be moving onto the next stage.
  • Cryptocurrencies still have a way to go and face a lot of competition in becoming a greater part of the financial community, but its development will just continue to grow.

Candlestick graph chart with digital data, uptrend or down trend of price of stock market or stock exchange trading, investment and financial concept.
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Mike Belshe, co-founder of BitGo, initially just a digital-asset custodian service, talking about what is happening in the cryptocurrency space, states,

This thing is changing at a rate I think no one’s ever

This article was written by

John M. Mason profile picture
John M. Mason writes on current monetary and financial events. He is the founder and CEO of New Finance, LLC. Dr. Mason has been President and CEO of two publicly traded financial institutions and the executive vice president and CFO of a third. He has also served as a special assistant to the secretary of the Department of Housing and Urban Development in Washington, D. C. and as a senior economist within the Federal Reserve System. He formerly was on the faculty of the Finance Department, Wharton School, the University of Pennsylvania and was a professor at Penn State University and taught in both the Management Division and the Engineering Division. Dr. Mason has served on the boards of venture capital funds and other private equity funds. He has worked with young entrepreneurs, especially within the urban environment, starting or running companies primarily connected with Information Technology.

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Comments (5)

Is cryptocurrency a better alternative than currency ; that is it carries information as well as value ?
hawkrnc_19 profile picture
Oh, to have a crystal ball .
Remember the allegory: The Emperor Wears No Clothes?
PSTH + Stripe
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