CoinDesk Podcast Network

As bitcoin crosses $17,000 it’s not retail speculation but a new, long-term investor mindset driving the price up. 

This episode is sponsored by Crypto.com and Nexo.io.

Today on the Brief:

Our main discussion: HODL FOMO vs. Speculative FOMO.

The 2017-2018 bull run was driven by ICO mania and a relentless get-richism that was nothing if not short-term. As bitcoin passes $17,000 and questions of looming all-time highs start to make their way into mainstream press, it is a very new set of actors and a new set of thinking that is driving this movement.

The Twitter thread that inspired today's podcast:

twitter.com/CitizenBitcoin/status/1327276810363670529

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Breaking down a recent report that has Bitcoin Twitter salivating and skeptical at the same time.

This episode is sponsored by Crypto.com and Nexo.io.

Today on the Brief: 

Our main discussion: BTC $318,000 in December 2021?

That’s the prediction of one Citibank exec in a report called “Bitcoin: 21st Century Gold” sent last week to institutional clients. In this episode, NLW breaks down the report, including the macro justification that sets the stage as well as the technical analysis that led to these numbers. Ultimately, he argues that what matters isn’t the report’s predictions, but the fact that its very existence suggests a shifting narrative for institutional buyers.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A reading of Kenneth Rogoff’s latest piece on the strange reality of the dollar’s global status. 

This episode is sponsored by Crypto.com and Nexo.io.

On this week’s edition of Long Reads Sunday, NLW reads former IMF chief and current Harvard economist Kenneth Rogoff’s latest Op-Ed, “The Calm Before the Exchange Rate Storm” in Project Syndicate.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In an otherwise extremely bullish week, famed investor Ray Dalio reiterated his skepticism of bitcoin and digital assets.

This episode is sponsored by Crypto.com and Nexo.io.

Ray Dalio FUD:

On this edition of the weekly recap, NLW looks at bitcoin’s surge past $16,000. Additionally, he explores some recent FUD from Ray Dalio, which NLW argues seems strangely locked in years-old narratives. 

This week on The Breakdown:

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Crypto Twitter reacts to the announcement and answers the question: Just how big a deal is this? 

This episode is sponsored by Crypto.com and Nexo.io.

Today on the Brief:

Our main discussion:

PayPal is rolling out crypto to all its users and increasing transaction limits from $10,000 to $20,000. In this episode, NLW breaks down the community response to the news, including an interesting discussion of whether the company’s BitLicense requires PayPal to hold 1:1 all the BTC its customers pay for.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

One of the (quietly) largest players in the institutional bitcoin space discusses the changing investor landscape in his first-ever podcast interview.

This episode is sponsored by Crypto.com and Nexo.io.

Robby Gutmann is the co-founder of Stone Ridge Holdings Group, a $10 billion alternative asset manager and co-founder and CEO of NYDIG, the group’s bitcoin subsidiary.

In this first-ever podcast conversation, Gutmann discusses: 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

When the Nigerian government shut down protestors’ bank accounts, bitcoin and crypto became a way around. 

This episode is sponsored by Crypto.com and Nexo.io.

Yele Bademosi is CEO at Bundle social payments app and the founder of investment firm Microtraction. Akin Sawyerr is involved across the industry and leads operations at BarnBridge. 

Over the course of October 2020, the world’s attention became firmly fixed on a growing movement in Nigeria. With the hashtag #EndSARS, the movement was, on the one hand, about addressing police brutality. On the other hand, as our guests discuss, it was a broader awakening and a demand for generational economic opportunity. At one point, even Twitter founder Jack Dorsey called for people to donate bitcoin to help the movement. 

In this conversation, Yele and Akin discuss:

Find our guests online:

Yele Bademosi - twitter.com/YeleBademosi

Akin Sawyerr - twitter.com/AkinSawyerr

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The billionaire investor made his pro-bitcoin comments on an appearance on CNBC.

This episode is sponsored by Crypto.com and Nexo.io.

Today on the Brief: 

Our main discussion: Stan Druckenmiller, Bitcoin Bull. 

A few months ago, Stan Druckenmiller told CNBC that he could imagine inflation of 5%–10%. Yesterday, he returned to the network to discuss why bitcoin had captured his attention as a potential hedge.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

According to the bright minds of FinTwit, the biggest event isn’t the U.S. presidential election but today’s Pfizer vaccine update.

This episode is sponsored by Crypto.com and Nexo.io.

Today on the Brief: 

Our main discussion: The stock market soars on promising Pfizer COVID-19 vaccine trials. 

The S&P 500 and DJIA hit new all-time highs after Pfizer announced its experimental vaccine had prevented COVID-19 in 90% of patients. Travel stocks soared, work from home stocks suffered and safe havens fell. In this episode, NLW explores the shifting market sentiment, as well as what it means for bitcoin.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

While MMT may be the de facto policy of rich Western governments, applying it to developing economies could be disastrous. 

This episode is sponsored by Crypto.com and Nexo.io.

Today’s Long Reads Sunday is a reading of Andy Mukherjee’s piece: “Why Emerging Markets Are Wary of a Modern Monetary Fix”.

The argument is that while Western governments debate just how far we can take the idea of money printing without paying a dubious price, for emerging-market governments there simply isn’t the same capacity to print their way out of problems.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.