On The Brink with Castle Island cover image

Weekly Roundup 09/30/22 (CFTC comes after Ooki/bZX, the Fed abandons CFTC ambitions, the convenience yield of stables) (EP.355)

On The Brink with Castle Island

CHAPTER

Cryptocurrency Is a Global Asset - It's Not Just an Economic War

The world is fragmenting into an Eastern block of let's say Russia, China and India as one sort of industrial and political entity. And there won't be that much trade between those two blocks. We're seeing basically what amounts to a sovereign debt crisis globally. It wouldn't be the craziest thing to see a Saudi Arabia style country make a large purchase.

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