20 (Cred insolvency, Zelleification in Venezuela, Can Bitcoin be 6102'ed?) (Ep.147)

On The Brink with Castle Island

English - November 13, 2020 11:00 - 37 minutes - 51.5 MB - ★★★★★ - 272 ratings
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Previous Episode: Alan Lane (Silvergate) on banking the cryptoasset industry (EP.146)

Next Episode: Parker Lewis (Unchained Capital) on unlocking Bitcoin's potential with multisig (EP.148)

Nic and Matt return for news and deals of the week. In this episode:

Cred files for bankruptcy Why Bitcoin banking is uniquely robust Why we should not be discouraged by the occasional failure of Bitcoin banks The ECB looks to create a CBDC within 2-4 years Gary Gensler's influence on the Biden administration XRP's fate hangs in the balance Stephen Lynch's letter to Brian Brooks criticizing his stance on crypto Zelle's influence in Venezuela and the reality of crypto-dollarization Why crypto-dollarization is more sustainable than physical dollarization Our response to Ray Dalio's critiques of Bitcoin Why Bitcoin can't be 'Order 6102'ed' today Valid and less valid critiques of Bitcoin

Content mentioned in this episode:

Nic Carter in Coindesk, The Case for Bitcoin Banking (Despite Cred’s Bankruptcy) Coindesk, US Representatives Rip OCC, Brooks for ‘Excessive Focus’ on Crypto Coindesk, Canada Tax Collector Seeks to Force Crypto Exchange Coinsquare to Fork Over Client Records Bloomberg, Zelle Has Turned Dollar-Starved Venezuela Into a Cashless Test Lab