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BREAKDOWN: Why Citi Thinks Bitcoin Is at a Tipping Point

BREAKDOWN: Why Citi Thinks Bitcoin Is at a Tipping Point

FromCoinDesk Podcast Network


BREAKDOWN: Why Citi Thinks Bitcoin Is at a Tipping Point

FromCoinDesk Podcast Network

ratings:
Length:
15 minutes
Released:
Mar 1, 2021
Format:
Podcast episode

Description

A 108-page report from the bank argues that in the future, bitcoin could become the preferred currency for international trade. This episode is sponsored by Nexo.io and Casper.Today on the Brief:Michael Saylor bought the dipChina bans bitcoin mining in Inner MongoliaWallStreetBets moving off Reddit? Our main discussion: Citi’s analysis of bitcoin. February saw a non-stop barrage of bullish bitcoin news with regard to institutional uptake. March is off to a similar start with a massive research report arguing that:Bitcoin’s evolution over the last seven years has been spectacular CBDCs are likely to become more importantIf CBDCs do become more important, it could spur more corporations to use bitcoin as a global settlement currency NLW argues that the report itself may be the beginning of a new, important part of the institutional bitcoin narrative. -Nexo.io lets you borrow against your crypto at 5.9% APR, earn up to 12% on your idle assets, and exchange instantly between 75+ market pairs with the tap of a button. Get started at nexo.io.-Launching in mid-March, Casper is the future-proof blockchain protocol that finally address the blockchain trilemma. Learn more at Casper.Network.-Image credit: Daniel Acker/Bloomberg/Getty ImagesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Mar 1, 2021
Format:
Podcast episode

Titles in the series (100)

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