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The IMF is pushing El Salvador to drop BTC as legal tender.
This episode is sponsored by Nexo, Abra and FTX US.
When Nayib Bukele announced that El Salvador would be making bitcoin legal tender, the international monetary establishment acted with some amount of skepticism. When he announced the nation would be issuing bitcoin bonds, that skepticism turned to anger. Now, the IMF is pushing El Salvador to ditch BTC as legal tender altogether. On today’s episode, NLW explores what’s really going on.
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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Time” by OBOY. Image credit: chekyfoto/iStock/Getty Images Plus, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
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Microsoft CEO Satya Nadella talked about his company doubling down on gaming, which should give gamers and investors pause. Tim Beyers analyzes not only the impressive 2nd-quarter results but the overall health of Microsoft's business and how much room to run the gaming division has. He also discusses Mattel's renewed partnership with Disney, and what investors need to understand about F5's place in the cloud industry. Plus, Olivia Zitkus and Keith Speights discuss how Pfizer, Moderna, and Abbott Laboratories are investing the money they've earned from Covid-19-related sales, and whether one is doing a better job of it than the others.
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Stocks: MSFT, ATVI, MAT, DIS, HAS, FFIV, SNOW, MDB, PFE, MRNA, ABT
Host: Chris Hill Guests: Tim Beyers, Olivia Zitkus, Keith Speights Producer: Ricky Mulvey Engineers: Dan Boyd
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Thomas Tull is founder of Legendary Entertainment, Tulco, part-owner of Pittsburgh Steelers, and guitarist for the band Ghost Hounds. Please support this podcast by checking out our sponsors:
– Paperspace: https://gradient.run/lex to get $15 credit
– ROKA: https://roka.com/ and use code LEX to get 20% off your first order
– InsideTracker: https://insidetracker.com/lex and use code Lex25 to get 25% off
– Athletic Greens: https://athleticgreens.com/lex and use code LEX to get 1 month of fish oil
– Eight Sleep: https://www.eightsleep.com/lex and use code LEX to get special savings
EPISODE LINKS:
Tulco: https://tulcoholdings.com/
Ghost Hounds: https://www.ghosthounds.com/
Pittsburgh Steelers: https://www.steelers.com/
Legendary Entertainment: https://www.legendary.com/
PODCAST INFO:
Podcast website: https://lexfridman.com/podcast
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SUPPORT & CONNECT:
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OUTLINE:
Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(00:00) – Introduction
(07:14) – Legendary Entertainment
(23:56) – James Cameron
(25:50) – Storytelling
(36:02) – Allure of movies
(39:56) – Future of American industries
(58:48) – Tulco
(1:03:58) – Intellectual honest and life lessons
(1:14:30) – Colossal
(1:18:28) – Warren Buffet
(1:27:10) – The Rolling Stones
(1:45:20) – Greatest guitarist
(1:53:33) – Thomas Tull’s music
(2:03:00) – Football
(2:13:56) – Advice for young people
(2:19:42) – Mortality and death
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The band Franz Ferdinand formed in 2002, in Glasgow, Scotland. They’ve won the Mercury Prize and two BRIT Awards, they have five Grammy nominations, and they’ve sold millions of albums. One of their first singles is this song, “Take Me Out,” and it’s also their biggest hit. In this episode, singer and guitarist Alex Kapranos tells the story of how he and his bandmates made the song, from the original home demo to the final studio recording.
To learn more, visit songexploder.net/franz-ferdinand.
The band Franz Ferdinand formed in 2002, in Glasgow, Scotland. They’ve won the Mercury Prize and two BRIT Awards, they have five Grammy nominations, and they’ve sold millions of albums. One of their first singles is this song, “Take Me Out,” and it’s also their biggest hit. In this episode, singer and guitarist Alex Kapranos tells the story of how he and his bandmates made the song, from the original home demo to the final studio recording.
To learn more, visit songexploder.net/franz-ferdinand.