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Benzinga
Benzinga
Business
Sam M. Hadi

Bombs Bullets and Blockchain

Blockchain can be central to national security in the future. In the wake of the crypto-crash, we must not over react and over regulate the still new and potentially revolutionary technology

Cryptocurrencies have had a bad few months. As the price of Bitcoin tumbled to under the significant psychological threshold of $20,000, shares of one of the largest crypto exchanges, Coinbase, crashed by more than 81% in the first six months of 2022. A host of currencies with baffling names and dubious hawkers were revealed as lacking completely in value. Overall, more than $2 trillion has been wiped from the crypto market in just 6 months.

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