
Episode 1088 • • 1:49:10 - 1:51:05
1088: Three Chambers
Bitcoin Market Volatility, International Money Transfers
Bitcoin's price has dropped significantly from its 2017 highs, falling to around $4,500 from nearly $20,000. Despite the volatility, the hosts argue that Bitcoin remains a highly efficient transmission mechanism for international money transfers compared to traditional banks. They mock the "terrorism financing" excuses used by banks to delay or block legitimate cross-border transactions.
