Weekly Roundup 11/13/20 (Cred insolvency, Zelleification in Venezuela, Can Bitcoin be 6102’ed?)

Nic and Matt return for news and deals of the week. In this episode:

  • Cred files for bankruptcy
  • Why Bitcoin banking is uniquely robust
  • Why we should not be discouraged by the occasional failure of Bitcoin banks
  • The ECB looks to create a CBDC within 2-4 years
  • Gary Gensler’s influence on the Biden administration
  • XRP’s fate hangs in the balance
  • Stephen Lynch’s letter to Brian Brooks criticizing his stance on crypto
  • Zelle’s influence in Venezuela and the reality of crypto-dollarization
  • Why crypto-dollarization is more sustainable than physical dollarization
  • Our response to Ray Dalio’s critiques of Bitcoin
  • Why Bitcoin can’t be ‘Order 6102’ed’ today
  • Valid and less valid critiques of Bitcoin

Content mentioned in this episode: