Lightspeed Venture Partners’ Mercedes Bent on meme stocks and crypto

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  • CNBC Television published this video item, entitled “Lightspeed Venture Partners’ Mercedes Bent on meme stocks and crypto” – below is their description.

    Mercedes Bent, partner at Lightspeed Venture Partners, joins ‘Closing Bell’ to discuss her thoughts on meme stocks and cryptocurrency, adding this craze will not go away anytime soon.

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    In This Story: Cryptocurrency

    A cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.

    Bitcoin is the first decentralized cryptocurrency. Since the release of bitcoin, other cryptocurrencies have been created.

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