The Breakdown With NLW Episode

Is Janet Yellen Bitcoin's Biggest Enemy or Greatest Asset? Yes

As a new administration is sworn in, how will one if its most important officials – nominated Treasury Secretary Janet Yellen – impact the digital assets space?

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ABOUT

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As a new administration is sworn in, how will one if its most important officials – nominated Treasury Secretary Janet Yellen – impact the digital assets space?

This episode is sponsored by Nexo.io.

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Today on the Brief:

  • Jack Ma is not dead
  • The latest in crypto M&A
  • Deutsche Bank survey sites bitcoin as biggest bubble

Our main discussion: Yellen’s impact on bitcoin and digital assets

In this episode, NLW breaks down the cryptocurrency FUD competing to be the “wall of worry” for the new 2021 bull market, including Tether FUD, environmental FUD and the idea that crypto is only used for crime.

The illicit transactions idea was given new oxygen when Janet Yellen repeated it in her Senate confirmation hearing this week. New research from Chainalysis shows, however, that the percentage of crypto volume involved in crime is decreasing.

See also: Janet Yellen Says Cryptocurrencies Are a ‘Concern’ in Terrorist Financing

Image credit: Mark Wilson/Getty Images News

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore