What are the benefits and challenges related to cryptocurrency as it becomes more of a mainstream item versus fringe investment?

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Subject: Uncategorized

Watch the movie “Banking on Bitcoin,” I have provided a YouTube link here and this is also available on Netflix –
https://www.youtube.com/watch?v=6jSm9vTBGKU (if the link cannot be accessed, please try this: https://m.bilibili.com/video/BV1ai4y1M7eA?p=1&share_medium=iphone&share_plat=ios&share_session_id=1EA83EC6-9E77-4175-9D94-C5C037E1BB56&share_source=WEIXIN&share_tag=s_i×tamp=1638800482&unique_k=aQQMiNk)

After watching the film in its entirety address the following questions
1. What are the benefits and challenges related to cryptocurrency as it becomes more of a mainstream item versus fringe investment
2. Can cryptocurrency be regulated by existing regulators and accounting guidelines?
3. How would recommend crypto to be treated from an audit perspective?
4. What do you think the future of crypto is?
5. If you had to create your own cryptoasset, what components would you include?

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