Artwork

Sisällön tarjoaa Adam B. Levine. Adam B. Levine tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.
Player FM - Podcast-sovellus
Siirry offline-tilaan Player FM avulla!

SOB #481 On National Adoption of Bitcoin

37:54
 
Jaa
 

Manage episode 302086251 series 2770082
Sisällön tarjoaa Adam B. Levine. Adam B. Levine tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.

El Salvador’s decision to make bitcoin legal tender shocked the world. Earlier this week the rapidly-developed and adopted bitcoin law went live, kicking off what seems primed to be an era of accelerated change unlike anything seen in our lifetimes.

Join hosts Adam B. Levine, Andreas M. Antonopoulos and Stephanie Murphy for a quick three part discussion on the launch challenges, implications and listener comments from our previous show on the topic.

First, the launch: It was messy, but it happened. Alex Gladstein had an insightful twitter thread in the days leading up to it (https://twitter.com/gladstein/status/1434636006632747009). Matt Ahlborg dug into the day-1 government issued wallet and found a mixed bag, extra controls on the money given out at launch but a fairly robust technological package including native SegWit support and a functional lightning network integration (https://twitter.com/MattAhlborg/status/1435307724774989829)

Second, the implications: This path towards adoption was not what we expected. What El Salvador's move to use bitcoin directly suggests is that dollarized nations, or those who use another countries currency and in doing so become subject to their monetary policy decisions, may prefer bitcoin's non-monetary policy to either domestic or imported control. That's in sharp contrast to nations like India, China and the US who use their currencies and controls over it to accomplish policy goals. These powerful players see central bank digital currencies as a way to supercharge their monetary policy compared to their influence today over physical banknotes.

And finally, the local perspective: We had two listeners write in with corrections to our prior episode (We were incorrect about the reason why El Salvador "dollarized" their economy in 2000, it was billed as a move to lower the cost of borrowing, not because of elevated inflation) along with the many concerns and questions which are still unanswered. You'll find both listeners comments in full linked below.

Links from the episode:

Have any questions or comments? Send us an email at adam@speakingofbitcoin.show

Prefer the podcast version? Subscribe for free:

Apple: https://podcasts.apple.com/us/podcast/lets-talk-bitcoin/id1463398832?uo=4

Direct RSS: https://anchor.fm/s/b421fd4/podcast/rss

Spotify: https://open.spotify.com/show/2u3oXWilTSFmZ034vQeUGq

Google: https://www.google.com/podcasts?feed=aHR0cHM6Ly9hbmNob3IuZm0vcy9iNDIxZmQ0L3BvZGNhc3QvcnNz

Overcast: https://overcast.fm/itunes640581455/the-lets-talk-bitcoin-network

Stitcher: https://www.stitcher.com/podcast/anchor-podcasts/lets-talk-bitcoin-2

Radio Public: https://radiopublic.com/lets-talk-bitcoin-8jOrdv

PocketCasts: https://pca.st/DU8V

Podbean: https://www.podbean.com/podcast-detail/sjaeb-91e5b/Let%27s-Talk-Bitcoin%21-Podcast

Today's show featured Andreas M. Antonopoulos, Stephanie Murphy and Adam B. Levine. This episode was edited by Jonas, with music by Jared Rubens and Gurty Beats.

Our album art is based off a photo by Photo by Wilson Edilberto Santana Suarez on Unsplash, modified by Speaking of Bitcoin

--- Send in a voice message: https://podcasters.spotify.com/pod/show/originalltb/message
  continue reading

126 jaksoa

Artwork
iconJaa
 
Manage episode 302086251 series 2770082
Sisällön tarjoaa Adam B. Levine. Adam B. Levine tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.

El Salvador’s decision to make bitcoin legal tender shocked the world. Earlier this week the rapidly-developed and adopted bitcoin law went live, kicking off what seems primed to be an era of accelerated change unlike anything seen in our lifetimes.

Join hosts Adam B. Levine, Andreas M. Antonopoulos and Stephanie Murphy for a quick three part discussion on the launch challenges, implications and listener comments from our previous show on the topic.

First, the launch: It was messy, but it happened. Alex Gladstein had an insightful twitter thread in the days leading up to it (https://twitter.com/gladstein/status/1434636006632747009). Matt Ahlborg dug into the day-1 government issued wallet and found a mixed bag, extra controls on the money given out at launch but a fairly robust technological package including native SegWit support and a functional lightning network integration (https://twitter.com/MattAhlborg/status/1435307724774989829)

Second, the implications: This path towards adoption was not what we expected. What El Salvador's move to use bitcoin directly suggests is that dollarized nations, or those who use another countries currency and in doing so become subject to their monetary policy decisions, may prefer bitcoin's non-monetary policy to either domestic or imported control. That's in sharp contrast to nations like India, China and the US who use their currencies and controls over it to accomplish policy goals. These powerful players see central bank digital currencies as a way to supercharge their monetary policy compared to their influence today over physical banknotes.

And finally, the local perspective: We had two listeners write in with corrections to our prior episode (We were incorrect about the reason why El Salvador "dollarized" their economy in 2000, it was billed as a move to lower the cost of borrowing, not because of elevated inflation) along with the many concerns and questions which are still unanswered. You'll find both listeners comments in full linked below.

Links from the episode:

Have any questions or comments? Send us an email at adam@speakingofbitcoin.show

Prefer the podcast version? Subscribe for free:

Apple: https://podcasts.apple.com/us/podcast/lets-talk-bitcoin/id1463398832?uo=4

Direct RSS: https://anchor.fm/s/b421fd4/podcast/rss

Spotify: https://open.spotify.com/show/2u3oXWilTSFmZ034vQeUGq

Google: https://www.google.com/podcasts?feed=aHR0cHM6Ly9hbmNob3IuZm0vcy9iNDIxZmQ0L3BvZGNhc3QvcnNz

Overcast: https://overcast.fm/itunes640581455/the-lets-talk-bitcoin-network

Stitcher: https://www.stitcher.com/podcast/anchor-podcasts/lets-talk-bitcoin-2

Radio Public: https://radiopublic.com/lets-talk-bitcoin-8jOrdv

PocketCasts: https://pca.st/DU8V

Podbean: https://www.podbean.com/podcast-detail/sjaeb-91e5b/Let%27s-Talk-Bitcoin%21-Podcast

Today's show featured Andreas M. Antonopoulos, Stephanie Murphy and Adam B. Levine. This episode was edited by Jonas, with music by Jared Rubens and Gurty Beats.

Our album art is based off a photo by Photo by Wilson Edilberto Santana Suarez on Unsplash, modified by Speaking of Bitcoin

--- Send in a voice message: https://podcasters.spotify.com/pod/show/originalltb/message
  continue reading

126 jaksoa

Kaikki jaksot

×
 
Loading …

Tervetuloa Player FM:n!

Player FM skannaa verkkoa löytääkseen korkealaatuisia podcasteja, joista voit nauttia juuri nyt. Se on paras podcast-sovellus ja toimii Androidilla, iPhonela, ja verkossa. Rekisteröidy sykronoidaksesi tilaukset laitteiden välillä.

 

Pikakäyttöopas