EPISODE · Jul 29, 2021 · 16 MIN
Pt. 3 China miner crackdown, CBDC Yuan & social credit, grass roots adoption - To the Moon 19
from Bitrefill's To the Moon Podcast · host Bitrefill
In part 3, Felix discusses the recent Chinese mining crackdown, the impact it could have on BTC, and why it may be a good thing. He also discusses China's motives, their CBDC Yuan, and the way that central control of the currency may fit in with their totalitarian social credit system and desire for societal control. He also discusses Bitcoin as a legal tender, and why he doesn't think we will see a larger Western country adopt BTC as a legal tender anytime soon. part 1: https://www.youtube.com/watch?v=-4POYNNVMdE part 2: https://www.youtube.com/watch?v=p3e_S1qqulY Follow Felix on social media: https://twitter.com/fixone Welcome to the 19th episode of Bitrefill's To The Moon Podcast. To The Moon is Bitrefill's new weekly podcast to discuss Bitcoin, altcoins, adoption, news & current events, and all things crypto. Join host Lawrence Ray, along with Jerry Okai, and Ricardo Martinez, for a light-hearted and humorous weekly discussion about the latest developments in the crypto economy. Join our Sphinx.Chat Tribe: https://tribes.sphinx.chat/t/bitrefillstothemoonpodcast Follow To The Moon Podcast on Twitter: https://twitter.com/ToTheMoonPod Follow Bitrefill on Twitter: https://twitter.com/bitrefill Browse Bitrefill's catalog of gift cards and mobile refills: https://www.bitrefill.com/ Sign up for a Bitrefill account: https://www.bitrefill.com/signup
What this episode covers
In part 3, Felix discusses the recent Chinese mining crackdown, the impact it could have on BTC, and why it may be a good thing. He also discusses China's motives, their CBDC Yuan, and the way that central control of the currency may fit in with their totalitarian social credit system and desire for societal control. He also discusses Bitcoin as a legal tender, and why he doesn't think we will see a larger Western country adopt BTC as a legal tender anytime soon. part 1: https://www.youtube.com/watch?v=-4POYNNVMdE part 2: https://www.youtube.com/watch?v=p3e_S1qqulY Follow Felix on social media: https://twitter.com/fixone Welcome to the 19th episode of Bitrefill's To The Moon Podcast. To The Moon is Bitrefill's new weekly podcast to discuss Bitcoin, altcoins, adoption, news & current events, and all things crypto. Join host Lawrence Ray, along with Jerry Okai, and Ricardo Martinez, for a light-hearted and humorous weekly discussion about the latest developments in the crypto economy. Join our Sphinx.Chat Tribe: https://tribes.sphinx.chat/t/bitrefillstothemoonpodcast Follow To The Moon Podcast on Twitter: https://twitter.com/ToTheMoonPod Follow Bitrefill on Twitter: https://twitter.com/bitrefill Browse Bitrefill's catalog of gift cards and mobile refills: https://www.bitrefill.com/ Sign up for a Bitrefill account: https://www.bitrefill.com/signup
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Pt. 3 China miner crackdown, CBDC Yuan & social credit, grass roots adoption - To the Moon 19
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