20 min listen
874: MACRO EXPERT PREDICTS HOW CANCEL-PROOF BITCOIN COULD MAKE ITS WAY ONTO CENTRAL BANK BALANCE SHEETS!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
874: MACRO EXPERT PREDICTS HOW CANCEL-PROOF BITCOIN COULD MAKE ITS WAY ONTO CENTRAL BANK BALANCE SHEETS!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
ratings:
Length:
25 minutes
Released:
Mar 15, 2022
Format:
Podcast episode
Description
Macroeconomic guru Lyn Alden is laying out how Bitcoin can ultimately make its way onto the balance sheets of central banks of nation-states.
With countries around the world freezing and seizing assets from Russians while sanctioning the country’s assets, Alden says it is demonstrating a solid use case for Bitcoin.
"And the bigger Bitcoin gets, the more widely held it is, the more liquidity there is, the more central banks can start looking at that as a viable mutual reserve asset because it kind of fixes two things for them...
One, they have an asset that can’t be frozen by a unilateral third party, and two, they also can go around sanctions and they can have permissionless payments, and so that is something you’d think would become more attractive to countries around the world.”
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With countries around the world freezing and seizing assets from Russians while sanctioning the country’s assets, Alden says it is demonstrating a solid use case for Bitcoin.
"And the bigger Bitcoin gets, the more widely held it is, the more liquidity there is, the more central banks can start looking at that as a viable mutual reserve asset because it kind of fixes two things for them...
One, they have an asset that can’t be frozen by a unilateral third party, and two, they also can go around sanctions and they can have permissionless payments, and so that is something you’d think would become more attractive to countries around the world.”
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Mar 15, 2022
Format:
Podcast episode
Titles in the series (100)
610: MAX KEISER SAYS, BITCOIN TIPPED TO HIT $220K AS CHINA SHUTDOWN SEES MINERS AIRLIFT EN MASSE TO USA!!: CHINA's Bitcoin crackdown has caused the nation's miners to flee en-masse and set up operations in the US, with one expert Max Keiser stating the move affirms his price target of "$220,000 BTC for 2021". Referring to the move by China Bitcoin pioneer... by Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News