1088: COSTA RICA NEXT COUNTRY TO ESTABLISH BITCOIN AS REGULATED CURRENCY?!

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3.6 • 626 Ratings

🗓️ 28 October 2022

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Costa Rica could be one of the next countries to adopt Bitcoin (BTC) as a regulated payment method. This week, Congresswoman Johana Obando introduced a bill to allow Bitcoin and other cryptocurrencies to serve as a form of payment. The bill also proposes that traditional banking institutions be able to serve as crypto exchanges, including custody and wallet services for their customers. "The cryptocurrency assets market is very new. This bill wants to propose Costa Rica as an investment center for crypto-related people and companies to see Costa Rica as a growth niche." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	In today's show, Bitcoin weak hands are mostly gone as Bitcoin ignores Amazon and NATO stock dips.
0:06.8	That's right. Amazon just saw its largest market cap down 233 billion after hours, which is the biggest single after hours market cap drop in history.
0:17.1	And as Alex Cooger shares, last January, Netflix's earnings and its ensuing 20% crash, sent Bitcoin down 20% and Ethereum down 30%. Today's Amazon earnings and its ensuing 20% crash. Send Bitcoin down 2% and Heath down 3%. Weak hands are mostly gone.
0:33.9	In quitting Max Kaiser, God's thumbprints are all over Bitcoin, preach, and Plan B shares
0:39.6	the Bitcoin stairway to heaven, referring to the stock to flow model, reminding us that it's
0:43.5	going to hit between 100,000 plus between 2024 and 2025. Also in today's show, Ethereum sets a record
0:50.8	on ETH short liquidations, wiping out literally $500 billion in two days like,
0:56.6	whoa. Also in today's show, we're going to be sharing the official acquisition of Twitter
1:01.1	is now finalized by Elon Musk. And guess what? Binance CEO, CZ, wired 500 million to back
1:08.3	Elon's Twitter takeover. I'll be breaking this down for you. Also in today's
1:12.2	show, top analyst warns of extreme Bitcoin and Ethereum bears about to get absolutely crush.
1:18.7	That's right. Jason Pizzino says this is not looking too good for those $10,000 bears. Also in today's show,
1:25.4	crypto analysts who nailed a 2022. Crypto Price Action predicts
1:29.1	Bitcoin's path ahead. We're talking about Crypto Kappa, who called the 2022 Crypto Market
1:34.5	Crash months in advance. He now foresees a Bitcoin flash crash and ongoing alt-coin pump.
1:40.4	I'll be breaking down this latest Bitcoin price path. As per this analyst, also breaking news to
1:45.8	discuss today. Costa Rica may be the next country to establish Bitcoin as a regulated currency.
1:52.3	That's right. According to Congressman Johanna, she's quoted sharing here, the cryptocurrency
1:57.8	assets market is very new. This bill wants to propose Costa Rica as an
2:03.1	investment center for crypto-related people and companies to see Costa Rica as a growth niche
2:08.7	will also be taken a look at the overall crypto market. All this plus so much more in today's
2:14.7	show.
	...

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