4.8 • 689 Ratings
🗓️ 20 April 2021
⏱️ 17 minutes
🧾️ Download transcript
Despite the FUD, the prospects for bitcoin and crypto in a broader regulatory context have never looked brighter.
This episode is sponsored by Nexo.io.
As this cycle heats up, “governments will ban bitcoin” is one of the top areas of fear, uncertainty and doubt. On this episode, NLW breaks down why that FUD just doesn’t hold much weight right now, looking at:
Specifically, NLW looks at Brian Brooks and Chris Giancarlo’s trajectory in both the regulatory sphere and crypto and what their new private sector engagements might mean.
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0:49.7 | You've got one, a more open-seeming administration than the last one, with more crypto-open or even |
0:56.5 | pro-crypto people in key positions of power. Two, you have a new group of entrenched interests from |
1:02.0 | the traditional financial world who represent a new potential lobbying force for this asset and for this |
1:07.4 | industry. And three, you have more experienced allies inside the ranks of |
1:12.6 | prominent companies. So how, again, is the fud that governments are somehow now going to ban it? |
1:20.4 | Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the Big Picture Power Shifts remaking our world. |
1:31.3 | The breakdown is sponsored by nexo.io and produced and distributed by CoinDes. |
1:38.0 | What's going on, guys? It is Tuesday, April 20th, and first of all, I want to acknowledge the date. I thought about a number of |
1:46.3 | different possible shows, and if I hadn't done an episode about Doge, I might have done one today. |
1:52.6 | Quite perfectly, Doge hit 42 cents, and actually, I even saw someone grab a screenshot of it |
1:58.7 | at 42 cents and 69.1 thousandth of a cent earlier this morning. Now, I've seen a screenshot of it at 42 cents and 69.1,000th of a cent earlier this morning. |
2:03.6 | Now, I've seen a bunch of people talk about how doge pumping is bad because, A, |
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