Charles Allen, CEO and chairman of blockchain infrastructure company BTCS, joined Cheddar to talk about the steady climb of bitcoin after it reached $57,000 following a stint of volatility. Allen compared bitcoin's recent surge to how society values gold and said it could hold the same weight if there's enough confidence in the coin as a "long-term store of value." He also noted that China’s crypto ban has given the U.S. a unique opportunity to drive innovation in the space.