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What the heck is Cryptocurrency, anyway?!

Bitcoin, Dogecoin - what is it and how does it have value? #newdaynw

SEATTLE — Everyone is talking about Crypto and some people appear to be making money by investing in this relatively new type of digital cash.  But what is it? Is it real money? Why does have value and who says it does? What is the risk of investing our money in it? We have a LOT of questions about Cryptocurrency, so we asked UW Foster School of Business' Professor of Finance, Jarrad Harford, to break it down for us.  

Segment Producer Derek Haas. Watch New Day Northwest 11 AM weekdays on KING 5 and streaming live on KING5.com. Contact New Day.