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09: The 7 Reasons Bitcoin Tanked
Episode 9

09: The 7 Reasons Bitcoin Tanked

This Week in Bitcoin · Chris Fisher

May 1, 202445m 34s

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Show Notes

<p>The seven reasons Bitcoin's price is tanked, updates on the Samurai Indictment, and why the godmother of Modern Monetary Theory thinks it's childish for governments to be held to budgets. </p> <p><strong>Sponsor:</strong> <a href="http://podhome.fm">http://podhome.fm</a><br /> <strong>Promo Code:</strong> TWIB </p> <p><strong>LINKS:</strong> </p> <ul> <li><a href="https://www.bloomberg.com/news/features/2024-04-30/jpy-usd-japanese-yen-s-slide-and-dramatic-rebound-are-just-the-start">JPY/USD: Japanese Yen’s Slide and Dramatic Rebound Are Just the Start - Bloomberg</a></li> <li><a href="https://www.economist.com/leaders/2024/04/30/japan-is-wrong-to-try-to-prop-up-the-yen">Japan is wrong to try to prop up the yen</a></li> <li><a href="https://www.coindesk.com/markets/2024/04/29/bitcoin-trades-at-slight-premium-in-yen-terms-amid-suspected-boj-intervention/">Bitcoin (BTC) Trades At Slight Premium in Yen (JPY) Terms Amid Suspected BOJ Intervention</a></li> <li><a href="https://wolfstreet.com/2024/04/16/yen-drops-to-155-against-usd-currency-collapse-at-work-50-against-usd-since-2012-32-since-2021/">Yen Drops to 155 against USD. Currency Collapse at Work, -32% against USD since 2021, -50% since 2012 | Wolf Street</a></li> <li><a href="https://www.theblock.co/post/291286/doj-says-roman-semenov-did-much-more-than-just-write-code-in-response-to-defenses-dismissal-motion">DOJ says Roman Storm did much more than just write code in response to defense’s dismissal motion | The Block</a></li> <li><a href="https://storage.courtlistener.com/recap/gov.uscourts.nysd.604938/gov.uscourts.nysd.604938.53.0.pdf">Microsoft Word - Tornado Cash Govt Opp to Motions vF.docx</a></li> <li><a href="https://www.coindesk.com/policy/2024/04/29/samourai-wallet-co-founder-keonne-rodriguez-pleads-not-guilty-released-on-1m-bond/">Samourai Wallet Co-Founder Keonne Rodriguez Pleads Not Guilty, Released on $1M Bond</a></li> <li><a href="https://www.ic3.gov/Media/Y2024/PSA240425">Alert on Cryptocurrency Money Services Businesses</a></li> <li><a href="https://www.warren.senate.gov/newsroom/press-releases/warren-and-cassidy-send-bipartisan-letter-to-doj-and-dhs-to-stop-crypto-in-the-illegal-trade-of-child-sexual-abuse-material">Warren and Cassidy Send Bipartisan Letter to DOJ and DHS to Stop Crypto in the Illegal Trade of Child Sexual Abuse Material | U.S. Senator Elizabeth Warren of Massachusetts</a></li> <li><a href="https://www.cnbc.com/2024/05/01/fed-rate-decision-may-2024-.html">Fed rate decision May 2024: Fed holds rate steady</a></li> <li><a href="https://www.nbcnews.com/business/personal-finance/prosecutors-examining-transactions-block-owner-cash-app-squarc-rcna147181">Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square</a></li> <li><a href="https://bitcoinops.org/en/topics/trampoline-payments/">Trampoline payments</a> </li> </ul> <p><strong>Final Clip of the Week</strong> </p> <ul> <li><a href="https://twitter.com/bitcoinnewscom/status/1783597589981458470?t=E9EIlRX-vHxbQ8g23lQU3A">Author Stehpanie Kelton goes on the Daily Show to make case for MMT and why governments shouldn’t have the same financial constraints of “businesses and households”</a></li> </ul> <p><strong>Music</strong> </p> <ul> <li><a href="https://podcastindex.org/podcast/6861579">Self Destruct by The Trusted</a></li> </ul>