As geopolitical tensions rise in the Middle East and global markets are embellished for volatility, Byte-Sized’s latest episode explores how crypto responds under pressure, and whether it can offer more than just a price move.
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First half of the episode, host Savannah Fortis talks with Ray Salmondo and Marcel Peckman of Cointelgraf. He provides expert commentary and analyzes how Bitcoin (BTC) was made amid growing concern over our involvement in the Israeli-Ilang conflict.
“There’s a lot of uncertainty…and this is reflected in the price action of gold, silver, the US treasury, and Bitcoin,” explains Salmondo.
Peckman warns that Bitcoin has been collecting 25% in recent weeks, but it is still recognized as a risky asset and could fall again if panic spreads. Still, as Bitcoin continues to attract demand, both analysts point to long-term investors convictions and global liquidity trends.
The power of blockchain
This episode highlights how decentralized technology is used in the real world, especially where central systems fail.
Megan Klimen, founder of the Filecoin Foundation, discusses the work of the organization with Fasila, a group that helps local journalists in conflict areas maintain reporting on decentralized storage.
Related: Bitcoin is less volatile than stocks in the Iran-Israel conflict: Data
“This is journalism that is often destroyed when there is a change in government. There is no always a long-term record,” Klemen says.
“Filecoin can back up all this important earthly journalism into an indelible record.”
In the episode, we will also hear from Vivek Raman, CEO of Etherealize. He explains how Ethereum and Stablecoins have become essential infrastructure for financial access.
“A lot of people want to access the dollar, especially in times of conflict,” Raman points out. “Ethereum is a place of safety, trust and value.”
In times of crisis, the real test of Crypto is not just about how fast it moves the market, but what it allows. This episode reminds listeners, whether they store the truth or provide access, that the usefulness of decentralized technologies may be the most important feature.
For a complete interview with Cointelegraph’s podcast page, Apple Podcasts and Spotify, listen to the complete episode of Byte Size Insights. And don’t forget to check out the full lineup of other shows on Cointelegraph!
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