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CoinDesk Podcast Network

BREAKDOWN: ‘Nancy Pelosi Is Going to Taiwan so She Can Buy the Dip She's About to Create’

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 2 August 2022

⏱️ 20 minutes

🧾️ Download transcript

Summary

A breakdown of the strategic rationale (or lack thereof) of U.S. House Speaker Nancy Pelosi’s trip to Taiwan. 

This episode is sponsored by Nexo.io, Chainalysis and FTX US. 

After weeks of speculation, debate and increasingly bellicose rhetoric, Speaker of the House of Representatives Nancy Pelosi has decided to go to Taiwan. In today’s episode, NLW explains discussion around the strategy behind the decision, why the timing makes a harsh Chinese response more likely and how the markets are reacting. 

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Chainalysis is the blockchain data platform. We provide data, software, services and research to government agencies, exchanges, financial institutions and insurance and cybersecurity companies. Our data powers investigation, compliance and market intelligence software that has been used to solve some of the world’s most high-profile criminal cases. For more information, visit www.chainalysis.com.

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “The Now” by Aaron Sprinkle. Image credit: Tasos Katopodis/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.



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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.

0:58.8

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

1:04.5

The breakdown is sponsored by nexo.io, chain aliasis, and FtX, and produced and distributed by CoinDesk.

1:14.2

What's going on, guys? It is Tuesday,

1:21.0

August 2nd, and today we are talking about Nancy Pelosi's trip to Taiwan. Before we get into that,

1:26.1

however, if you are enjoying the breakdown, please go subscribe to it, leave it a rating or a review,

1:28.1

or if you want to dig deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to

1:32.3

bit.ly slash breakdown pod. Also, a disclosure as always, in addition to them being a sponsor

1:37.7

of the show, I also work with FTX. Listen, we had such a nice thing going on, A little rally to end the month, the chance that

1:47.8

if it continued, maybe we could actually peel our eyes away from the computers for five minutes.

1:52.9

But no, the year of geopolitical surprises continues. I'd call this a black swan, except for the

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