The Fed Slashes Rates to Zero - Bad News For Friday, March 20th

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By Joel Comm & Travis Wright, Joel Comm, and Travis Wright. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

BitMex says the CoronaVirus is Bitcoins biggest test, as the US government’s $1 Trillion stimulus plan causes a rally in stocks and crypto. The Federal Reserve has slashed interest rates to almost zero in latest quantitative easing bid. But Tim Draper says Bitcoin, and not governments, will save the world.

Around the world, we’ve got news from Canada, Japan, Argentina, Venezuela, India and China. And here at home one writer speculates what the price of Bitcoin would be if every American bought $1000 worth. Any guesses?

It’s another crazy week in the world of crypto, and that makes sense since it’s another crazy week in the world. We don’t know that we can make sense of it, but we can have fun pretending like we have. As long as you are self-quarantined, you may as well come along for our Bad News episode #384 of The Bad Crypto Podcast.

Full Show Notes at: http://badco.in/384

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DISCLAIMER:
Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.

We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.

Show Edited By: Aaron The Tech (http://aaronthe.tech)

507 episodes