BREAKDOWN: Does a Law From the Civil War Make Stablecoins Illegal?
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 20 June 2021
⏱️ 14 minutes
🧾️ Download transcript
Summary
A reading from a financial history expert.
This episode is sponsored by Nexo.io and Bitstamp.
On this week’s Long Reads Sunday, NLW reads “How the Civil War Shapes the Future of Stablecoins” by Franklin Noll, and discusses the recent debates around stablecoins and CBDCs.
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Transcript
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| 0:45.6 | That's audible.com slash Wondery UK. |
| 0:53.9 | Welcome back to The Breakdown with me, NLW. |
| 0:59.0 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 1:04.9 | The breakdown is sponsored by nexor.io and BitStamp and produced and distributed by CoinDess. |
| 1:12.3 | What's going on, guys? It is Sunday, June 20th, and that means it's time for Long |
| 1:17.1 | Reads Sunday. First of all, however, happy Father's Day to all the Bitcoin dads out there. |
| 1:22.5 | I hope you are celebrating with your loved ones close. Anyway, for a fun Father's Day long read Sunday, I want to read a piece called |
| 1:30.6 | How the Civil War Shapes the Future of Stable Coins. |
| 1:34.8 | It's by Franklin Noll, who is a historian of money. |
| 1:38.9 | And I think it's particularly relevant in a week where we had a huge debate on a national |
| 1:43.6 | public stage at the House |
| 1:45.1 | hearing on a digital dollar. The question of stable coins and decentralized money versus |
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