BREAKDOWN: The End of an Era? Why Bitcoin and MMT Won the Week

BREAKDOWN: The End of an Era? Why Bitcoin and MMT Won the Week

Fed Chair Jerome Powell tried to make it seem like the end of an era, but didn’t inspire confidence in the central bank’s ability to lead in the era that comes next. This episode is sponsored by Crypto.com, Bitstamp and Nexo.io. On The Breakdown’s Weekly Recap, NLW looks at the shifting sands of the global economy. He says Federal Reserve Chair Jerome Powell’s speech at Jackson Hole this week was an argument that an era that began in the 1970s is now closing. At the same time, he argues Powell did very little to provide a vision for what comes next. Instead, it is the alternative economic philosophies – Modern Monetary Theory on the one side, Bitcoin on the other – that are attracting people for a different vision of the future. This week on The Breakdown: Monday | How Much Should We Fear Post-Crisis Debt or Inflation? Feat. Adam Tooze Tuesday | An Unintended Consequence of Low Interest Rates? The Big Get Bigger Wednesday | The Battle to Get Dictator’s Seized Millions to 62,000 Venezuelan Health Heroes Thursday | Everything You Need to Know About Jerome Powell’s Jackson Hole Speech Friday | The Anxiety Index: 4 Fear Factors Shaping the Economy See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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#BitcoinDominance

#BitcoinDominance

The AirSwap decentralized exchange is upgrading its tech to handle any-size Ethereum trades. -AND- You can now get paid for using bitcoin’s Lightning Network, but don’t quit your day job. -ALSO- Code...

14 Elo 201812min

Greetings from Bitstanbul

Greetings from Bitstanbul

A Russian team with big aspirations plans to build a cargo drone fleet connected via blockchain. -AND- Long-term thinking? In a rare move, ICO founders will delay crypto paydays for a decade. -DON’T ...

13 Elo 201811min

EOS Is Forking and Forking and Forking

EOS Is Forking and Forking and Forking

Micropayment applications are taking off on bitcoin's Lightning Network. -AND- Facebook’s David Marcus is stepping down from the Coinbase board of directors. -DON’T MISS- CoinDesk’s David Floyd joins ...

10 Elo 201814min

Tezos Is Doing OK For Once

Tezos Is Doing OK For Once

The SEC will decide on 9 proposals in the coming months, not counting the one they just delayed. -AND- IBM and Maersk have 94 companies signed up to their supply chain platform. -DON’T MISS- CoinDesk’...

9 Elo 201814min

Augur’s Unpredictable Drop

Augur’s Unpredictable Drop

State Street is looking to adopt blockchain technology for securities lending – that's if internally they can all get on the same page. -AND- The SEC’s Bitcoin ETF decision has been postponed until S...

8 Elo 201814min

Will the SEC Answer a Billion-Dollar Question?

Will the SEC Answer a Billion-Dollar Question?

A 17th century principle is finding use in 21st century tech. We’ll talk about blockchain insurance. -AND- Another U.S. state will start to recognize blockchain data. Rock and roll! -DON’T MISS- CoinD...

7 Elo 201812min

Smartdrops Keep Fallin' On My Head...

Smartdrops Keep Fallin' On My Head...

Digital Asset is ready to spread wings and fly — the startup’s CEO Blythe Masters tells CoinDesk about the project’s new ambitions. -AND- Economist and investor Tuur Demeester doesn’t expect bitcoin t...

6 Elo 20188min

Mt. Gox's Creditors Come Calling

Mt. Gox's Creditors Come Calling

The New York Stock Exchange’s parent company plans to launch a digital assets platform and a bitcoin futures product. -AND- Setting sun? It turns out that US dollars are dominating the bitcoin trading...

3 Elo 20185min

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