BREAKDOWN: Bitcoin Is Economic Empowerment

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Driven by El Salvador, a new narrative for global bitcoin adoption is emerging.

This episode is sponsored by Nexo.io.

On this edition of “The Breakdown’s Weekly Recap,” NLW looks at:

  • Why the El Salvador news didn’t (immediately) impact bitcoin’s price
  • How narratives set the tone for new entrants to the bitcoin market
  • How the digital gold/inflation narrative relates to the economic empowerment narrative
  • The bitcoin game theory for small nations to invest in bitcoin
  • How this could impact ESG critiques

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Nexo.io lets you borrow against your crypto at 6.9% APR, earn up to 12% on your idle assets, and exchange instantly between 100+ market pairs with the tap of a button. Get started at nexo.io.

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Image credit: bakgwei1/Flickr, modified by CoinDesk

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