Weekly Roundup 12/10/21 (Congressional Hearing takeaways, 26% of Americans own BTC?) (EP.267)
On The Brink with Castle Island
00:00
What Do You Hedge Into?
I think it's well past the point already where, you know, you already see these nations that see that swift is complete weaponized. But if you were to imagine a scenaria where russia justst completely cut off, via swift, from the entire banking sector a, the second order impacts are pretty extreme. I think other countries will just immediately start t ofor alternatives,. Like i think thans a cascade in motion, i start to hedge. So now, what do you hedge into is a question, right? Cause, like bick coin, is not the answer if you want to be transacting stable currency.
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