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Bailouts, Bitcoin, Disruption, Failures and Hope

From Boeing to bitcoin, in this week's discussion we're talking about our disrupted reality, the politically expedient path forward, why it almost certainly won't work, the alternatives to it, what this means for bitcoin and what you can do to help.

Photo by Tim Foster on Unsplash
Photo by Tim Foster on Unsplash

The best Sundays are for long reads and deep conversations. From Boeing to bitcoin, in this week's discussion we're talking about our disrupted reality, the politically expedient path forward, why it almost certainly won't work, the alternatives to it, what this means for bitcoin and what you can do to help.

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Listen/subscribe to the CoinDesk Podcast feed for unique perspectives and fresh daily insight with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublicaIHeartRadio or RSS.

This episode of Let's Talk Bitcoin is sponsored by eToro.com. If you're a skilled audio editor with deep crypto knowledge consider applying for CoinDesk's Deputy Podcasts Editor role.

This week on Let's Talk Bitcoin we're discussing the coming bailout-everything regime in a topic that's both extremely timely but is also what originally forced many long-term bitcoin (BTC) enthusiasts to learn about money and become interested in cryptocurrency in the first place.

As much of the world on an almost uniform and bipartisan basis shuts down to slow the spread of COVID-19 and prepares to bail out first financial markets and now basically everything that can't work on a fully remote basis, we're talking about crisis, bailouts, the limits of monetary policy and the real possibility that it's not a straw that breaks the back of our money but rather the whole world suddenly jumping on.

On today's show we'll discuss:

  • The growing bipartisan and global shutdown then "bailout everything" movement
  • The alternative to the bailout path we're on
  • The inability of even extraordinary monetary policy to resolve these issues and the markets' growing cognitive dissonance
  • The revival of the "system is breaking and when it does we'll need something new that doesn't share the same problems of being vulnerable to politically expedient overreactions" narrative that, frankly, drove my initial interest in bitcoin in the first place
  • Some of the #CoronaEfforts we've heard about so far and how you can help
  • And much more in this wide-ranging discussion...

Today's episode of Let's Talk Bitcoin! featured Andreas M. Antonopoulos, Stephanie Murphy, Jonathan Mohan and Adam B. Levine.

This episode was sponsored by eToro.com and featured music by Jared Rubens and Adam B. Levine, with editing by Jonas.

Listen/subscribe to the CoinDesk Podcast feed for unique perspectives and fresh daily insight with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublicaIHeartRadio or RSS.

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.

Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.

With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.

Adam B. Levine