#505: Jerome Powell, Tether and Peak Oil with Tom Luongo
TFTC: A Bitcoin Podcast
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Bitcoin, Regulations, and Financial Control
The chapter explores the implications of tether on sovereign Bitcoin use, concerns about government regulation on Bitcoin custody, and the broadening definition of money service businesses. It delves into the case of tornado cash on Ethereum and attempts to classify code creators as money service businesses. The conversation also touches on distrust in traditional financial institutions, views on Bitcoin as a trusted currency, and criticism of propaganda tactics by elites.
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