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Employment Shock Drop
Episode 24

Employment Shock Drop

This Week in Bitcoin · Chris Fisher

August 21, 202457m 57s

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Show Notes

<p>US employment fell by 818,000 jobs in the latest Government revision. I'll break down the report and what it means for Bitcoin. Plus, a batch of news, Bitcoin basics, and more. </p> <p><strong>Affiliate LINKS:</strong></p> <ul> <li>🇺🇸 <a href="https://partner.river.com/jupiter">Buy Sats on River</a> - The best way to stack in the US</li> <li>🇨🇦 <a href="https://www.bitcoinwell.com/jupiter">The Bitcoin Well</a> - An amazing automatic self-custody Bitcoin platform</li> <li>⚡ <a href="https://app.thebitcoincompany.com/signup?ref=JUPITER">The Bitcoin Company</a> - Spending your Bitcoin Via Lightning</li> <li>🏦 <a href="https://use.foldapp.com/r/XNHPXTFC">Fold Card</a> - Pay bills Stack Sats</li> <li>💵 <a href="https://borrower.saltlending.com/register?referralCode=GkPQdbqWG">SALT Lending</a> - Get access to your BTC Value w/out Selling</li> </ul> <p><strong>News Links</strong> </p> <ul> <li><a href="https://xcancel.com/bitcoinofficesv/status/1825999325056704903">The Bitcoin Office (@bitcoinofficesv): "🇸🇻EL SALVADOR CONTINUES TO TRAILBLAZE! El Salvador will soon begin providing #Bitcoin instruction and certification to 80,000 public servants." | X Cancelled</a></li> <li><a href="https://www.nationalcrimeagency.gov.uk/threats/nsa-illicit-finance-2024?ref=therage.co">Illicit Finance - National Crime Agency</a></li> <li><a href="https://decrypt.co/245768/german-authorities-seize-279000-in-bitcoin-atm-crackdown">German Authorities Seize $279,000 in Bitcoin ATM Crackdown - Decrypt</a></li> <li><a href="https://www.cnbc.com/2024/08/21/nonfarm-payroll-growth-revised-down-by-818000-labor-department-says.html">Nonfarm payroll growth revised down by 818,000, Labor Department says</a></li> <li><a href="https://www.cnbc.com/2024/08/21/nonfarm-payroll-growth-revised-down-by-818000-labor-department-says.html">Nonfarm payroll growth revised down by 818,000, Labor Department says</a></li> <li><a href="https://www.bloomberg.com/news/articles/2024-08-21/powell-confronts-policy-crossroads-with-all-eyes-on-jackson-hole?embedded-checkout=true">Fed's Powell Confronts Policy Crossroads With All Eyes on Jackson Hole - Bloomberg</a></li> <li><a href="https://apnews.com/article/interest-rates-prices-inflation-federal-reserve-economy-7e581f4da9c0c228c997ea8eb361e7ca">Powell may use Jackson Hole speech to hint interest rate cuts | AP News</a></li> <li><a href="https://www.youtube.com/watch?v=E3LSNYmIniw">Watch Live: Fed Chair Jerome Powell at Jackson Hole | WSJ - YouTube</a></li> <li><a href="https://www.coinspeaker.com/bitcoin-etf-surge-institutional-investors/">Bitcoin ETFs Record 14% Increase in Institutional Investors' Adoption | Coinspeaker</a></li> <li><a href="https://www.kavout.com/market-lens/why-wall-street-is-investing-in-bitcoin-etfs-a-q2-2024-analysis">Why Wall Street Is Investing in Bitcoin ETFs: A Q2 2024 Analysis</a></li> <li><a href="https://decrypt.co/245517/grayscales-share-of-bitcoin-etf-market-falls-below-25-as-rivals-rise">Grayscale’s Share of Bitcoin ETF Market Falls Below 25% as Rivals Rise - Decrypt</a></li> <li><a href="https://www.coindesk.com/markets/2024/08/21/institutions-are-still-buying-bitcoin-etfs-bitwise-says/">Institutions Increased Their Bitcoin (BTC) ETF Allocation in Second Quarter, Bitwise Says</a></li> <li><a href="https://cointelegraph.com/news/spot-bitcoin-etfs-maintain-positive-flows-for-8-out-of-the-last-10-days">Spot Bitcoin ETFs maintain positive flows for 8 out of the last 10 days</a></li> <li><a href="https://x.com/VitalikButerin/status/1826253901240431083">vitalik.eth on X: "I have been told that I need to "do less philosophizing and do more ethereum bullposting".</a></li> </ul> <p><strong>Noobie Corner Links</strong></p>