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Our top financial tip for 2022! What about crypto? Johnson's latest gamble - could it save him? Covid is so much worse in Ireland, why? And an apology for tech glitch.
cjpeconomics.substack.com
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First and foremost I'm a big fan of your podcast, it is one of my favourites.
The crypto space, primarily bitcoin, deserves a better explanation and experience than how it is being covered in your podcast, unfortunately.
As someone with experience on bitcoin and its utility in both savings and renewable energy I would be happy to connect and discuss the things happening in the area if you so wished. Regards, Niall Burke
Chris/Jim - a job posting that may be of interest to you and also help to inform how Crypto has value and is changing (potential to change) how business may be done without middle men costs. https://boards.greenhouse.io/ripple/jobs/3840409
Good Discussion, QE has caused the 1% to get much wealthier, 'main street' is now paying the price through higher inflation, authorities rightly hit the fiscal button hard with covid, but it was not needed to the degree spent. 30trn US debt fast approaching, balance sheets need to be reduced, a deep recession is unavoidable, should this happen, long duration equities and crypto are most at risk with substantial wealth effects. When you have drank too much, there is no escaping the hangover!!!!!
I'm not sure from that podcast how Jim Power does not understand Bitcoin, i.e. whether he does not understand the technology underpinning it, namely its cryptographic and decentralised nature, or whether he does not understand how it's got to the value it has today. Either way, you would think that Chris and Jim, esteemed economists that they are, could articulate a more sophisticated opinion on the merits or threats of crypto given that it's been around for about 13 years and the market cap it has now. It's a bit like Johnny Giles being asked about VAR saying he doesn't understand it!