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Is bitcoin rogue state money? / The impact of Libra on central banks / Fed repo market injections continue

Is bitcoin rogue state money? / The impact of Libra on central banks / Fed repo market injections continue

News broke of Venezuela exploring whether they could use bitcoin and ether as reserve assets, prompting questions about what the potential impact of widescale adoption of bitcoin as a tool to evade sanctions might be. Libra continues to spur central...

The Breakdown

September 27, 201923m 3s

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Show Notes

News broke of Venezuela exploring whether they could use bitcoin and ether as reserve assets, prompting questions about what the potential impact of widescale adoption of bitcoin as a tool to evade sanctions might be. Libra continues to spur central banks to action. This week, the project saw some support from the UN while the ECB called it a 'wake up call' for governments. Finally, we look at the second week of Fed injections into the overnight repo markets and what it means for bitcoin. 

Watch: https://www.youtube.com/nathanielwhittemorecrypto