Go offline with the Player FM app!
State Sponsored Crypto in 2019? With Chris Guida
Archived series ("Inactive feed" status)
When? This feed was archived on August 04, 2020 20:10 (). Last successful fetch was on August 31, 2019 13:04 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 227132459 series 2407408
The Venezuelan government released the Petro in 2019... Sort of. Cryptocompare.com says they have no data about what the current price is, and Coin Market Cap doesn't list it at all. It seems that it was a state-sponsored scam.
A government releasing their own crypto isn't so important to the long-term success of the market. Cryptocurrencies are already finding adoption in one way or another - used in commerce or as fund-raising tools for new companies - in the world's largest nation: the Internet. It doesn't need a formal declaration to have legitimacy. Real-world use is its own statement of legitimacy.
Join Kurt and Chris Guida as we discuss this question, and also whether someone should sell their bitcoin after losing 90%.
Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space
Please upvote on Steemit: https://www.steemit.com/@cryptonomics1
Watch on BitTube: https://bit.tube/theparadiseparadox
Website: https://cryptonomics.space
41 episodes
Archived series ("Inactive feed" status)
When? This feed was archived on August 04, 2020 20:10 (). Last successful fetch was on August 31, 2019 13:04 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 227132459 series 2407408
The Venezuelan government released the Petro in 2019... Sort of. Cryptocompare.com says they have no data about what the current price is, and Coin Market Cap doesn't list it at all. It seems that it was a state-sponsored scam.
A government releasing their own crypto isn't so important to the long-term success of the market. Cryptocurrencies are already finding adoption in one way or another - used in commerce or as fund-raising tools for new companies - in the world's largest nation: the Internet. It doesn't need a formal declaration to have legitimacy. Real-world use is its own statement of legitimacy.
Join Kurt and Chris Guida as we discuss this question, and also whether someone should sell their bitcoin after losing 90%.
Purchase a Trezor to keep your crypto safe: https://trezor.cryptonomics.space
Please upvote on Steemit: https://www.steemit.com/@cryptonomics1
Watch on BitTube: https://bit.tube/theparadiseparadox
Website: https://cryptonomics.space
41 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.