The World Is Never Getting Off Government Stimulus

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The Breakdown weekly recap looks at bitcoin buying by Iran, JPM Coin and the latest round of lockdowns coming to Europe.

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This episode is sponsored by Crypto.comNexo.io and Elliptic.

On this week’s weekly recap, NLW looks at:

  • Bitcoin’s resilience in the face of a week where many investors went risk off, causing a drop in stocks and gold
  • JPMorgan’s dramatic three-year attitude shift around bitcoin and crypto 
  • Iran stockpiling bitcoin to be able to pay for imports
  • A new round of COVID-19 lockdowns and the stimulus that will follow

This week on The Breakdown:

  • Monday | Hedge Funds Failures, Bankruptcies and Pandemic Fatigue
  • Tuesday | JPMorgan Launches JPM Coin: Welcome to the Private Currency Era
  • Wednesday | The ‘Everything Crash’ Is Coming? Markets Go Risk-Off as European Stocks See Worst Day in 5 Months
  • Thursday | Mirage Recovery: What ‘Record’ GDP Growth Tells Us About the Economy
  • Friday | Why Satoshi Chose Halloween to Release the Bitcoin White Paper

See also: Iran Amends Law to Allow Imports to Be Funded With Cryptocurrency

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

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