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CoinDesk Podcast Network - BREAKDOWN: The Empire Strikes Back – Inflation Hits 5% While Elizabeth Warren Goes After Bitcoin
China shuts down mining and starts censoring crypto exchange terms while U.S. senators and CFTC commissioners attack crypto.
This episode is sponsored by Nexo.io.
In a week so filled with the optimism coming out of El Salvador, of course there had to be another side of the story.
On today’s episode, NLW looks at three examples of the existing power structure fighting back against the rise of crypto:
- China shutting down mining in two provinces and apparent censorship of exchange-related terms on Baidu and Weibo
- A CFTC commissioner’s extremely negative comments on decentralized finance
- Sen. Elizabeth Warren’s full-throated assault on bitcoin from yesterday’s Senate Banking Committee hearing
Is bitcoin devolving to just another partisan issue?
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Audio Poem of the Day - Monsoon Eclogue
Srikanth Reddy
SCOTUScast - Borden v. United States – Post-Decision SCOTUScast
On Our Watch - Perceived Threat
Stuff They Don't Want You To Know - Listener Mail: UFOs in South Georgia, a Cheese Photo Arrest, and the Horror of Assault Kit Backlogs
A caller inspires the guys to look into explanations for a strange UFO sighting in south Georgia. Investigators use a photograph of a man holding cheese to capture and analyze fingerprints. A listener breaks down some of the reasons why sexual assault kits end up getting caught in the notorious, ongoing national backlog -- and the guys explore what would happen if that backlog was fixed. All this and more in this week's listener mail.
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Headlines From The Times - Next U.S. ambassador to India might be L.A.’s mayor … Huh?
Los Angeles Mayor Eric Garcetti is political royalty in the City of Angels. His father was a former district attorney. The mayor won his last election with over 80 percent of the vote. There were even rumors he would run for president in 2020. Now, amid speculation that the Biden administration will tap Garcetti as the U.S. Ambassador to India, people from Kolkata to Calexico are saying ... huh? Him? Today, we speak to L.A. Times columnist Steve Lopez — who says Garcetti's ambition might actually make him good for the position — and to former Los Angeles City Council candidate Dinesh Lakhanpal, who's welcoming of the idea, if a bit skeptical.
More reading:
Garcetti likely to be named ambassador to India, source says
Column: If Garcetti leaves early for India ambassador post, how will he be remembered?
Letters to the Editor: Eric Garcetti as ambassador to India? Talk about failing up
CBS News Roundup - World News Roundup: 06/10
The US announces vaccine donations to poor countries as President Biden begins his first foreign trip. Keystone Pipeline killed. Will this summer see a tick explosion? CBS News Correspondent Steve Kathan has today's World News Roundup.
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World Book Club - Manu Joseph: Serious Men
Serious Men tells the intertwined stories of wily Ayyan Mani - who tries to pass off his son as a mathematical genius - and life at the Institute of Theory and Research in Mumbai, where Ayyan works, and where veteran scientists battle over their pet theories about how life began on Earth.
Serious Men won the Hindu Best Fiction Award in 2010 and the 2011 PEN Open Book Award and was shortlisted for the Man Asian Literary Prize. It’s an unsettling comedy about inequalities in Indian society; it’s a portrait of a man doing his best for his family with unorthodox methods and unexpected results, and it’s a look at the romance and frustrations of scientific research.
Manu Joseph is a novelist and columnist.
(Picture: Manu Joseph. Photo credit: Roberto Ricciuti/Getty Images.)
