Turmoil in Hong Kong Has Huge Effect on Bitcoin

BAB058 - Turmoil in Hong Kong Has Huge Effect on Bitcoin

 

Quinn Gibson is the founder of Mid Earth Crypto and a marketing consultant in the gaming dApp space for mass adoption and blockchain interactions. He has previously worked as the Brand Ambassador for Tronbet and as the Latin Rep for Team McAfee. Quinn studied International Business and Portuguese, settling in Ecuador, where cross border payment issues spurred his interest in cryptocurrency solutions. He has a wife, son, and enjoys adventure sports and traveling.

 

Quinn joins us today to discuss the turmoil in Hong Kong and the considerable effect it has on Bitcoin. We discuss the origins of Hong Kong protests, China’s project funding in South America, and how state media controls the narrative. Quinn also highlights why Bitcoin buy volumes from Hong Kong are going up and how these protests are just the beginning of the troubles.

 

 

 

“The rush from HK Dollars into Bitcoin is only evident in what is happening. The buying volume has gone up from two million dollars to twelve million dollars in the last day.” - Quinn Gibson

 

 

 

This week on Beards and Bitcoins:

 

The Beards and Bitcoins Decentralized America Tour. The story behind the protests in Hong Kong. How China has pumped money into South America for infrastructure projects. How South America is indebted to China. How state media is controlling the narrative. The increase in buy volume in Bitcoin from Hong Kong. Why the protests in Hong Kong are just the beginning of the trouble for China. Why the apocalyptic nature of The Walking Dead is very realistic.

 

 

Resources Mentioned:

 

TRON 21 Best Practices for Bitcoin

 

 

Connect with Quinn Gibson:

 

Mid Earth Crypto on YouTube MidEarthCrypto on Twitter

 

 

 

 

This episode is sponsored by MonarchPay. Crypto Starts Here.

 

MonarchPay is the world’s first decentralized recurring crypto payment service. Designed to make receiving and paying recurring crypto payments safer, faster, and easier for consumers and merchants alike.

 

To learn more about MonarchPay and how to get started, visit MonarchPay.com

 

 

 

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