#782 Should We Ban Central Bank Digital Currencies?

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 14 January 2022

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This episode is a little different than the usual podcast format. There is no guest. Instead, I will share a couple of thoughts I have around a specific topic. Today I break down the recent decision by Representative Tom Emmer to put forward a legislative order to ban the Federal Reserve from creating a Central Bank Digital Currency. ======================= Today’s episode is sponsored by Abra. Based in California and backed by top VC firms, Abra is an all-in-one simple, secure app that allows you to trade over 110 cryptocurrencies, get 0% interest loans using your crypto as collateral and earn interest with up to 14% APY on stablecoins and 8.15% APY on Bitcoin. Join nearly 2 million users by downloading Abra from the Google Play or Apple App store. If you download the app today, you will get $15 in free crypto once you fund your account. You came, you invested — now conquer. ======================= Unstoppable Domains is THE #1 provider of NFT domains. These aren’t traditional domains, these are domains with superpowers. With your unique NFT domain such as pomp dot crypto or pomp dot nft, you can replace your long complex wallet addresses, verify ownership of your NFTs and join the 10’s of thousands of people who are now using their NFT domain as their Twitter and Discord usernames. Go to unstoppabledomains.com and get YourName dot crypto, dot x, dot nft or a range of other endings for as low as $5 and never worry about gas or renewal fees because with Unstoppable Domains you pay once and own forever! ======================= Nasdaq-listed BTCS was the first US-public company to secure today’s top layer one protocols. Recently, BTCS launched the beta version of its digital asset analytics dashboard! From across multiple exchanges, the BTCS Data Analytics Dashboard lets you evaluate your entire portfolio’s performance with plans to add year-end reports and yield earning on your crypto through linking to staking pools. Test out the BTCS Data Analytics Dashboard today at BTCS.com. =======================

Transcript

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0:00.0	What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp podcast, simply the best podcast out there. Now let's kick this thing off.
0:11.6	Hey, everyone. Today's podcast episode is a breakdown of the recent decision by Representative Tom Emmer to put forward a legislative proposal to actually ban the Federal Reserve from creating a central bank digital currency.
0:25.7	Before we get into this episode, I want to quickly talk about our sponsors, though.
0:29.1	Today's episode is brought to you by Abra.
0:31.4	Based in California and backed by top VC firms, Abra is an all-in-one, simple, secure app that allows you to trade over 110
0:38.1	cryptocurrencies, get 0% interest loans using your crypto as collateral, and earn interest
0:42.9	with up to 14% APY on stablecoins, and 8.15% APY on Bitcoin.
0:48.5	You can join nearly 2 million users by downloading ABRA from the Google Play or Apple App Store.
0:53.7	If you download the app today,
0:54.9	you'll get $15 in free crypto once you fund your account. You can go toabra.com to learn more.
1:01.4	You came, you invested, now conquer. Abra, conquer crypto. Abra.com. Go check it out today.
1:08.2	Today's episode is brought to you by Unstoppable Domains.
1:14.1	Unstoppable Domains is the number one provider of NFT domains.
1:15.8	These aren't traditional domains.
1:17.3	These are domains with superpowers.
1:21.4	With your unique NFT domain such as pomp.c crypto or pomp.nft. NFT, you can replace your long, complex wallet addresses,
1:25.0	verify ownership of your NFTs,
1:26.8	enjoy the tens of thousands of people
1:28.3	who are now using their NFT domain as their Twitter and Discord usernames. Go to Unstoppable
1:33.0	Domains.com and get your name.cpto. Dotx.nfti or a range of other endings for as low as $5.
1:40.2	And never worry about gas or renewal fees because with unstoppable domains, you pay once and you own it forever.
1:46.5	Head on over to Unstoppable Domains.com today to check out more about what they've got.
	...

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