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Bitcoin, Stablecoins, DeFi and Privacy: How COVID-19 Is Changing Key Crypto Narratives
How the once-in-a-generation COVID-19 pandemic is shifting the way with think and talk about different parts of the crypto industry - from bitcoin to DeFi to stablecoins.
Updated Sep 14, 2021, 8:23 a.m. Published Mar 30, 2020, 7:00 p.m.
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How the once-in-a-generation COVID-19 pandemic is shifting the way we think and talk about different parts of the crypto industry - from bitcoin to DeFi to stablecoins.
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On Jan. 28, Bloomberg’s Joe Weisenthal tweeted, “Notable overlap on here between the most alarmist people tweeting about the virus and those who are obsessed with the size of the Fed balance sheet.”
There is no doubt the bitcoin and crypto community broadly were far earlier in recognizing the potential significance of the COVID-19 crisis than most professional communities. Today, America preps for at least another month of lockdown and social distancing. The markets continue their chaotic swing as investors are simply unable to price in such a once-in-a-lifetime event.
A question for the crypto community becomes: How is this impacting narratives about our own industry?
See also: Why the US' $2 Trillion Stimulus, Unlimited QE Will Expose the Monetary System’s Flaws
In this episode, @NLW looks at the impact of the COVID-19 crisis on narratives around:
- Bitcoin
- Stablecoins
- Digital Dollars and Central Bank Digital Currencies
- DeFi
- Privacy
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
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