Nic and Matt cover an insane week of deals and market turmoil. In this episode:
- The Biden admin freezes the Treasury guidance on unhosted wallets
- Treasury Secretary Janet Yellen expresses her concern about cryptocurrency for terrorist financing
- Bitcoin as a monetary escape valve
- The real reasons behind Treasury’s concern about Bitcoin
- The prospects for monetary repression in the US
- Prospects for Chris Brummer as the new head of the CFTC
- Blackrock warms to Bitcoin
- Our point by point ‘debunking’ of the anonymous blog post on Tether
- Why Tether critiques are so popular
- Why a Tether implosion would emphasize Bitcoin’s value proposition
- We explain the Bitcoin ‘double spend’
- How Bitcoin settlement is probabilistic
Content mentioned in this episode:
- Nic in NYMag, What Explains Bitcoin’s Resurgence?
- On The Brink, Interview with Ganesh Viswanath-Natraj
- The Bit Short: Inside Crypto’s Doomsday Machine
- Kraken, On Tether, Journalists Defy Logic