The World Is Never Getting Off Government Stimulus
The Breakdown weekly recap looks at bitcoin buying by Iran, JPM Coin and the latest round of lockdowns coming to Europe.
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This episode is sponsored by Crypto.com, Nexo.io and Elliptic.
On this week’s weekly recap, NLW looks at:
Bitcoin’s resilience in the face of a week where many investors went risk off, causing a drop in stocks and gold
JPMorgan’s dramatic three-year attitude shift around bitcoin and crypto
Iran stockpiling bitcoin to be able to pay for imports
A new round of COVID-19 lockdowns and the stimulus that will follow
This week on The Breakdown:
Monday | Hedge Funds Failures, Bankruptcies and Pandemic Fatigue
Tuesday | JPMorgan Launches JPM Coin: Welcome to the Private Currency Era
Wednesday | The ‘Everything Crash’ Is Coming? Markets Go Risk-Off as European Stocks See Worst Day in 5 Months
Thursday | Mirage Recovery: What ‘Record’ GDP Growth Tells Us About the Economy
Friday | Why Satoshi Chose Halloween to Release the Bitcoin White Paper
Related: By the Numbers: More Bitcoin Bulls Than Ever Before
See also: Iran Amends Law to Allow Imports to Be Funded With Cryptocurrency
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.