Can decentralized fintech hold the line?
While geopolitical tensions increase in the Middle East and the world markets are preparing for volatility, the last episode of Byte Insight explores how the crypto reacts under pressure and if it can provide more than the price movement.
Moving markets
In the first half of the episode, the host Savannah Fortis talks with Ray Salmond and Marcel Pechman of Cointelegraph, who offer comments from experts and decompose how Bitcoin (BTC) played in the midst of increasing fears of American involvement in the Israel-Iran conflict.
“There is a lot of uncertainty … And we see this reflected in the action of the prices of gold, money, American treasure and bitcoin,” explains Salmond.
Pechman warns that if Bitcoin has gathered 25% in recent weeks, it is still perceived as a risk asset and could fall again if panic spreads. However, the two analysts underline the long -term conviction of investors and global liquidity trends, because the reasons why Bitcoin continues to attract demand.
The power of the blockchain
The episode also emphasizes how decentralized technologies are used in the real world, beyond negotiable cryptocurrencies, especially in places where central systems decompose.
Megan Klimen, founding officer of the Flexoin Foundation, discusses the organization of the organization with Fasila, a group helping local journalists in conflict areas Preserving their report on decentralized storage.
In relation: Bitcoin becomes less volatile than actions in the Iran-Israeli conflict: data
“It is a journalism that is often destroyed in case of changes in regime … There is not always a long -term file,” explains Klimen.
“Flecoin can safeguard all this critical journalism on the field in the indelible file.”
In the episode, we also hear Vivek Raman, CEO of Etherealize, who explains how Ethereum and Stablecoins become essential infrastructure for financial access.
“Many people want access to dollars, especially during conflict,” notes Raman. “Ethereum is the place of security, confidence, value.”
In times of crisis, the real crypto test does not concern the speed at which it moves the markets, but on what it allows. Whether it is to preserve the truth or give access, this episode reminds listeners that the usefulness of decentralized technology can be its most important characteristic.
Listen to the full episode of Insight the size of an byte for the full interview on the page of Cintelelegraph podcasts, Apple or Spotify podcasts. And don’t forget to consult the full range of Cointelegraph of other shows!
Review: American risks are “on the front” on the Bitcoin reserve by other nations – Samson Mow