Ransomware and Bitcoin Demand - Daily Live 1.17.23 | E302
Bitcoin & Markets
English - January 18, 2023 20:54 - 36 minutes - 32 MB - ★★★★★ - 76 ratingsInvesting Business News Tech News btc business crypto eth bitcoin blockchain cryptocurrency economics technology Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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In today's episode I cover the bitcoin price action and some macro charts, but then quickly get into the main topic for the episode, the coinciding of the bitcoin price pump and the FAA outage in the US.
This incident was the first time since 911 that all air traffic in US airspace was grounded. Officially, it was an oversight from a contractor or some such excuse. Of course, all these systems have redundancy, so a simple mistake from a contractor could not take the whole national system. Likely it was due to a cyberattack.
That is the conclusion of Tucker Carlson of Fox News. We watched/listened to a clip of him making this argument. A big part of his evidence was the fact that bitcoin happened to pump right at the same time that the government would have needed to buy bitcoin to pay a ransom.
I cannot make any conclusion for certain, but it is a more likely explanation than the official story. Enjoy.
Links Tucker speculates on ransomware and bitcoin#bitcoin #macro #geopolitics
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Full show notes with links and charts: https://bitcoinandmarkets.com/e302/
Telegram https://t.me/bitcoinandmarkets
Twitter https://twitter.com/AnselLindner
FREE weekly newsletter https://tinyurl.com/2chhbnff