Welcome back to another Crypto Daily 3 at 3. All right, guys, what's going on? It is Friday, September 27th. Happy Friday, everyone. Sorry for not being here yesterday. Had some family stuff that got in the way, but we're back. And we're going to talk about first Bitcoin as rogue state money and reports about Venezuela's central bank using

or thinking about using Bitcoin and Ethereum as reserves. Second, we're going to talk about

the latest in Libra and Central Bank digital currencies, a bunch of interesting new things in that

space. And third, we're going to do a quick repo recap.

We talked a lot about the repo market injections from the Fed last week.

We're going to look into what has transpired since then.

So let's start off with this idea of what's happening in Venezuela,

and this question about Bitcoin as rogue state money.

So a news story came out from Bloomberg.

You see here one of the authors, Patrice Leia, who wrote about this, that said that Venezuela's

central bank is running tests to determine whether it can hold cryptocurrencies and reserves

and basically use crypto, right? And so there's

been a lot of chatter about this. So you had, Pomp wrote, he shared that article yesterday and he

said, reports are surfacing that Venezuela is considering holding Bitcoin and Ethereum in their central bank reserves while also using it to pay organizations.

Every country will eventually do this just a matter of time before the game theory kicks in.

Fire emoji standard, fire emoji standard.

And this got 3,000 likes yesterday.

You had Alex Kruger who was responding to Pomp and others for what he saw

as an unwarranted bullishness. So he says, Bitcoiners are celebrating the central bank of the

ninth most corrupt country in the world considering holding Bitcoin, as Petrolos de Venezuela

somehow owns some

Bitcoin and is desperate to use it to skirt U.S. sanctions. Common sense indicates that this

...