Bit Coin - A Risk on Asset That Sells Off When There's a Flight to Safety

This episode is sponsored by Nexo, Arculus, and FTX US.

In the wake of Russia’s invasion of Ukraine, NLW explores 15 key economic questions including:

1. Why isn’t the world going even bigger on sanctions?
2. How is Russia’s economy tied to the rest of the world?
3. Why isn’t Russia scared of sanctions? 
4. Will Russia retaliate by cutting off the world from its exports? 
5. Will we see SWIFT sanctions? 
6. Is there concern in the U.S. that SWIFT sanctions could threaten the U.S. dollar’s status as a global reserve?
7. What alternatives to SWIFT exist?
8. Does this put Bitcoin in the spotlight and shed new light on Russia’s legalization/regulation? 
9. Does this situation risk the politicization of Bitcoin? 
10. How does this change the discussion of CBDCs and stablecoins? 
11. Why did the price of BTC drop and will we see the other side? 
12. How does this change the Fed’s calculus about quantitative tightening? 
13. Does this change the discussion around green energy? 
14. What about China and Taiwan?
15. Is there any possibility of sanctions actually working? 

-

Nexo is a powerful, all-in-one crypto platform where you can securely store your crypto. Invest, borrow, exchange and earn up to 18% APR on Bitcoin and 20+ other top coins. Insured for $375M. Audited in real-time by Armanino. Rated excellent on Trustpilot. Get started today at nexo.io.

-

Arculus™ is the next-gen cold storage wallet for your crypto. The sleek, metal Arculus Key™ Card authenticates with the Arculus Wallet™ App, providing a simpler, safer, and more secure solution to store, send, receive, buy, and swap your crypto. Buy now at getarculus.com.

-

FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today.

-

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with today’s editing by Rob Mitchell and Adrian Blust, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Vision” by OBOY. Image credit: Jeff J Mitchell/Getty Images News, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.