Will Cryptocurrency Balance the Financial Scales?

+ more

Bringing together leaders, lawmakers and lawbreakers. Host Luke Fox explores how innovations in business and technology are redefining our trust in security measures.


There’s a lot of trust that’s necessary in the standard world of banking. Consumers don’t control transactions; they simply trust the bank will make them. So, why not cut out the middleman? Cryptocurrency could be the answer. Host Luke Fox welcomed fintech expert Adella Toulon-Foerster to the show to discuss everything crypto and bitcoin. Toulon-Foerster has an impressive backstory, holding two legal degrees and working for think tanks, law firms, and governments.

First, Toulon-Foerster explained what bitcoin is. “It’s a centralized digital currency without a bank or single administrator recorded on blockchain, which is a public ledger. It’s the most transparent financial system.”

While its operations are transparent, many feel its clouded in secrecy, but Toulon-Foerster assets its “trustless.” “With bitcoin, you don’t have to trust a bank will complete the transaction. Once it’s sent, it’s done, the end, no middleman.”

One thing that drives Toulon-Foerster’s interest in cryptocurrency is that it could be a source of equity and equality. “It’s a permission-less way for the disenfranchised to participate in a global financial ecosystem without a government.”

Cryptocurrency doesn’t require dependence on a financial institution. Its value and awareness of it are rising, with tweets from Elon Musk and a $1.5 billion investment by Tesla. How to categorize bitcoin is a tricky subject. “It depends is the answer. It could be a currency, but it’s not legal tender. It could be a commodity or property.”

Could bitcoin become completely mainstream? That’s certainly within reach, as it may be more accessible and valuable than money one day.

Catch Up On Previous Episodes of The Trust Revolution!

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale


Seeing, Moving, Tracking: An Introduction to RTLS Solutions and the Visibility They Provide
April 15, 2021
  Seeing, Moving, Tracking is a new podcast by Redpoint Positioning that will bring insights across the warehousing, industrial management and operations world. The show will feature trends, technologies, Read more
Closing the Books: Scorecards for Success in Debt Collection
April 15, 2021
Mike Selbitschka joined IC System fresh out of high school. Now IC System’s Vice President of Operations, Selbitschka knows a thing or two about the collections industry. And the best tool he knows for measuring Read more
Keep Kuul: Maintaining Production Excellence from Assembly to Delivery
April 15, 2021
A company’s production processes must be the best to deliver best-in-class products. Joshua Sanford may be new to the Portacool family, but he knows work excellence when he sees it. Sanford, Portacool’s Manager Read more