And putting 1% of their treasury into crypto.
This episode is sponsored by Nexo, Abra and FTX US.
This was, NLW argues, a very good week for crypto. He covers:
The mayor of Rio announcing big bitcoin/crypto support this week Strike launching in ArgentinaNorthwest Arkansas offering tech workers $10,000 in BTC and a bike to move to the regionA congressman introducing legislation to ban the Fed from issuing a CBDC Jack Dorsey’s Block building bitcoin mining hardware
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Abra is proud to sponsor The Breakdown. Join 1M+ users and Conquer Crypto with Abra, a simple and secure app where you can trade 110+ cryptocurrencies, get 0% interest loans using crypto as collateral, and earn interest with up to 14% APY on stablecoins and 8.15% APY on Bitcoin. Visit Abra.com to get started.
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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Time” by OBOY. Image credit: Christian Adams/The Image Bank/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
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