Why Fiats Are Failing in 2020

Published on by Coindesk | Published on

Oct 23, 2020 at 19:00 UTC.From Brazil to Argentina to Turkey, bitcoin priced in local currencies is reaching all time highs.

Is this a story of bitcoin succeeding, fiat failing or both?

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.This episode is sponsored by Crypto.com, Nexo.io and Elliptic.

DOJ crypto enforcement a "Disaster" for privacy.

Ant's blockchain tools pre-IPO.Better news around jobless claims.

In this episode, NLW looks at a raft of geographies in which bitcoin has recently reached all-time highs, priced in the local currency.

The story, he says, is about fiats floundering more than mispriced local bitcoin.

Special focus on economic happenings in Brazil, Argentina and Turkey.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.Disclosure.

Recent News View All
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.
x