The Threat of Fractional Reserve Bitcoin from Wall Street with Saifedean Ammous & Caitlin Long
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Interview location: Skype
Interview date: Friday 21st September 2018
Following the 2008 market crash, analysts are highlighting new risks for the global economy with rising government debt presenting a risk of a bond crash. The last 12 months have also seen a fall in the value of the local currency in countries such as Iran, Turkey and Venezuela. Data from Local Bitcoin’s highlights that in failing economies, Bitcoin is often seen as a safe haven.
Bitcoin is playing an increasingly important role in the global economy with regulators and Wall Street coming to the table.
In this episode, I talk with the author of The Bitcoin Standard, Saifedean Ammous and Wall Street veteran, Caitlin Long. We discuss:
The state of the global economy
Negative interest rates
Deregulation of the banking industry KYC/AML
The Bank Secrecy Act
Privacy and is it dangerous for Bitcoin
Fractional reserve Bitcoin
Implications of Wall Street adoption of Bitcoin
How the Bitcoin revolution will happen
Cross-border payments with Bitcoin
Liverpool winning the Premier League
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Connect with Saifedean:
Connect with Caitlin:
Articles by guests:
Other relevant WBD podcasts:
WBD035 - Jake Chervinsky (regulations)
WBD034 - Riccardo Spagni (privacy)
WBD032 - Tuur Demeester (economics)
WBD027 - Lyn Ulbricht (role of government)
WBD023 - Michael Sonnenshein (Wall Street & institutional investment)
WBD022 - Erik Voorhees (KMY/AML)
WBD021 - Jill Carlson (Market)
WBD019 - Alejandro Machado (Venezuela use case for Bitcoin)
WBD010 - Lyn Ulbricht (role of government)
WBD009 - Morgan Rockwell (role of government)