InfoTech Solutions for Business

The Potential Dangers of Cryptocurrency
Press, Video, Cheddar / Jan 12, 2018

Cheddar TV Interviews Matti Kon on the Potential Dangers of Cryptocurrency.

  • Print this page
  • Share this on Google+
  • Share this on Linkedin
  • whatsapp


South Korea taking steps to ban Bitcoin. The news shining a light on regulation of cryptocurrency, and ways government can and would step in. InfoTech’s President and CEO Matti Kon explains the need for regulation for potential dangers in this space.

Kon explains that governments cracking down on the crypto space is not a new thing. What is different in this case is the amount of power and weight South Korea holds in the field. The obsession with cryptocurrency has hit strikingly high numbers. This meant the crypto industry took a hit after the South Korea news.

South Korea also has a high unemployment rate. For some in the country, the obsession spilled into an opportunity to bring in revenue.

On the negative side of crypto trading, Kon explains that cryptocurrencies do have ties to the dark web and dark activity. Cryptocurrency is helping to fund crime around the world.

InfoTech Solutions for Business
contactus01

Apply For A Position

Your Name

Your Resume

Email Address

Your Phone

Currently Employed?

Currently EmployedNot Employed

Company Name (Current/Prior)

Your LinkedIn URL

Your GitHub URL

Your Website

Other URL

Subject

Message

×