The Fed Slashes Rates to Zero - Bad News For Friday, March 20th
The Bad Crypto Podcast
Joel Comm and Travis Wright
4.5 • 1.2K Ratings
🗓️ 21 March 2020
⏱️ 52 minutes
🧾️ Download transcript
Summary
BitMex says the CoronaVirus is Bitcoins biggest test, as the US government’s $1 Trillion stimulus plan causes a rally in stocks and crypto. The Federal Reserve has slashed interest rates to almost zero in latest quantitative easing bid. But Tim Draper says Bitcoin, and not governments, will save the world.
Around the world, we’ve got news from Canada, Japan, Argentina, Venezuela, India and China. And here at home one writer speculates what the price of Bitcoin would be if every American bought $1000 worth. Any guesses?
It’s another crazy week in the world of crypto, and that makes sense since it’s another crazy week in the world. We don’t know that we can make sense of it, but we can have fun pretending like we have. As long as you are self-quarantined, you may as well come along for our Bad News episode #384 of The Bad Crypto Podcast.
Full Show Notes at: http://badco.in/384
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Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.
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Show Edited By: Aaron The Tech (http://aaronthe.tech)
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | BitMex says the coronavirus is Bitcoin's biggest test as the US government's |
| 0:05.9 | one trillion dollar stimulus plan causes a rally in stocks and crypto. |
| 0:11.1 | The Federal Reserve has slashed interest rates to almost zero in the latest |
| 0:16.2 | quantitative easing bid. But Tim Draper says Bitcoin and not governments will save the world. |
| 0:23.0 | And around the world we've got news from Canada, Japan, Argentina, Venezuela, India and China. |
| 0:29.0 | And here at home, one writer speculates what the price of Bitcoin would be if every American bought $1,000 worth. |
| 0:36.4 | Any guesses? |
| 0:37.4 | It's another crazy week in the world of crypto, and that makes sense, since it's another |
| 0:41.7 | crazy week in the world. |
| 0:43.6 | We don't know that we can make sense of it, |
| 0:45.3 | but we can have fun pretending like we have. |
| 0:48.0 | And as long as you're self-quarantined, |
| 0:49.9 | you may as well come along for our bad news episode number 384 of the bad crypto |
| 0:56.2 | podcast. |
| 0:59.2 | 5 4 3. |
| 1:00.2 | 4. |
| 1:02.2 | 0 3. 2ndt why?2 addiction. |
| 1:05.0 | Who's bad? |
| 1:07.0 | It's the bad news episode of the bad crypto podcast now with less bad news. |
| 1:16.4 | More banter, less bad news, just like you like it. |
| 1:20.4 | It's just a little badder than it was last week in a good way it's getting |
| 1:26.8 | batter all the time batter batter and it's the bad crypto podcast. Welcome gang and this is the bad news episode for the week of let's see it is March the 20th in the year, 2020. |
... |
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