BREAKDOWN: Why Fiats Are Failing in 2020
From Brazil to Argentina to Turkey, bitcoin priced in local currencies is reaching all time highs. But is this a story of bitcoin succeeding, fiat failing or both?
This episode is sponsored by Crypto.com, Nexo.io and Elliptic.
Today on the Brief:
DOJ crypto enforcement a “disaster” for privacyAnt’s blockchain tools pre-IPOBetter news around jobless claimsOur main discussion: fiat failures, 2020 edition.
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.
twitter.com/alistairmilne/status/1319170878765211648
Special focus on economic happenings in Brazil, Argentina and Turkey.
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