52 min listen
How Does Japan's Deflation Explain Crypto's Rise?
How Does Japan's Deflation Explain Crypto's Rise?
ratings:
Length:
15 minutes
Released:
Mar 21, 2022
Format:
Podcast episode
Description
Persistent deflationary forces in Japan have puzzled economists for decades. Takaaki Kato, the Japan-based executive director and head of sales/trading for BitFlyer, doesn’know how long into the future present conditions will sustain. But he does see potential instability for the Japanese yen. Also a fiat currency bear, Kato perceives in Japan’s set of problems major tailwinds for crypto adoption. Kato tells Real Vision’s Ash Bennington that President Joe Biden’s executive order directing a “whole of government” approach to U.S. crypto policy will usher in a bifurcated era of the regulated and the unregulated. Those crypto platforms that navigate uncertainty and earn sanction by the U.S. government will have a head start on success in this new era. Recorded on March 9, 2022.
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Released:
Mar 21, 2022
Format:
Podcast episode
Titles in the series (100)
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