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CoinDesk Podcast Network

BREAKDOWN: Oslo Freedom Forum and Why Bitcoin Matters

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

🗓️ 24 May 2022

⏱️ 17 minutes

🧾️ Download transcript

Summary

The annual conference showcases people and ideas working to increase freedom throughout the world.

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

 On today’s episode, NLW looks at a number of topics from across the crypto space and wider economy, including:

  • New Fed data about the percentage of Americans using crypto. 
  • Wall Street’s banking lobby getting nervous about central bank digital currencies.
  • The European Central Bank’s latest paper about crypto and systemic risk. 
  • Institutional outflows.
  • Bitcoin’s appearances at the Oslo Freedom Forum. 

 

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Nexo is a secure crypto exchange and crypto lending platform. Buy 40+ hot coins with your bank card in seconds and swap between exclusive pairs for cashback. Earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head over to nexo.io and get started now. 

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NEAR is a blockchain for a world reimagined. Through simple, secure, and scalable technology, NEAR empowers millions to invent and explore new experiences. Business, creativity, and community are being reimagined for a more sustainable and inclusive future. Find out more at NEAR.org.

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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code BREAKDOWN to get 15% off your pass at www.coindesk.com/consensus2022.

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “Catnip” by Famous Cats and “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: RomoloTavani/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8. 



See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

Years ago, when I got into Bitcoin, it was driven by imagining what it would have been like

0:05.3

for the Sudanese refugees I was working with back in Cairo in 2004 to have Bitcoin

0:10.4

as a tool as they fled their country due to conflict.

0:14.0

So many years later, it's really exciting to see that both advocates for freedom generally,

0:18.8

as well as just people who have been put in untenable

0:21.2

circumstances, are actually finding Bitcoin valuable in exactly those ways.

0:27.3

Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the

0:34.2

big picture power shifts remaking our world. The breakdown is sponsored by nexo.io, near NFTX, and produced and distributed by CoinDesk.

0:44.8

What's going on, guys? It is Tuesday, May 24th, and today we are talking about all sorts of things

0:51.7

in the crypto space. But before we dive into all of these topics, a quick

0:57.9

housekeeping note. There are two ways to listen to the breakdown podcast. You can hear it on the

1:03.5

Coin Desk podcast network, which features the breakdown alongside other great Coin desk shows,

1:09.1

or you can listen on the breakdown-only feed, which comes

1:11.8

out the same day just a few hours later in the evening. Wherever you listen to the show, I would

1:16.6

so appreciate it if you take a moment to give it a rating or a review. It makes a big difference

1:21.5

in helping people discover the show. Lastly, a disclosure as always, in addition to them being

1:26.5

a sponsor of the show, I also work with

1:28.5

FTX. So today is a bit of a hop-skip and a jump around topics, both in the crypto space as well as

1:35.4

the wider economy, capped with some notes from that other big event going on this week, the Oslo

1:41.4

Freedom Forum. First up, some interesting notes from the Federal Reserve

1:45.7

on crypto in America. The Fed released its annual economic well-being report, and in it

1:52.0

focused significant energy on crypto for the first time. According to the report, last year in

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