With all the hype, what’s the truth about crypto?: The Bottom Line – Los Angeles Wave Newspaper Group

With all the hype, what’s the truth about crypto?: The Bottom Line – Los Angeles Wave Newspaper Group

Cryptocurrency giant Bitcoin shattered records last week, surging above $112,000 per coin and capturing attention from Wall Street to Main Street. With everyone from U.S. Rep. Maxine Waters to President Donald Trump weighing in on cryptocurrency, Black businesses and potential investors — especially those in L.A. — should understand what’s going on. Major companies like MicroStrategy (now called Strategy) have made Bitcoin central to their busin…