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Shares in chip designer Arm jumped by 25 per cent as it began trading on the Nasdaq exchange yesterday, and the European Central Bank has raised interest rates to an all-time high. Plus, the FT’s Siddharth Venkataramakrishnan explains how digital cash got caught up in the culture wars. 

Mentioned in this podcast:

Arm shares jump by 25% on first day of trading

ECB raises interest rates to all-time high

How digital cash got caught up in the culture wars

Tell us: How will the US student loan repayments restart affect you? https://sayhi.chat/lmhgui

Any voice message that's left might be included in an FT podcast as part of our journalism on FT.com and/or on other FT platforms.

Read a transcript of this episode on FT.com

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As cryptocurrencies have grown in popularity and people use cash less and less, central banks have been put on the defensive. Their solution to stay relevant and maintain control? A central bank digital currency. Institutions such as the European Central Bank see it as their way to leap into the digital age. But as the ECB is pushing forward with its agenda, it’s facing criticism from the very people and banks who would help keep it alive. The FT’s Martin Arnold takes a closer look at the digital euro — its promises, pitfalls and why people took to the streets to protest against it earlier this year.   

Clips from CNBC, Council on Foreign Relations, Meta, NBC

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For further reading:

The digital euro: a solution seeking a problem?

Central banks’ digital currency plans face public backlash

Facebook Libra: the inside story of how the company’s cryptocurrency dream died

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On Twitter, follow Martin Arnold (@MAmdorsky) and Michela Tindera (@mtindera07)

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

In this episode, Patrick Bet-David, George Gammon and Ran Neuner will discuss:

• Trump CNN Town Hall Appearance
• U.S. dollar collapse
• Elon Musk Hiring Controversial Twitter CEO Linda Yaccarino
• Budlight
• The future of CBDC

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Are Democrats against Crypto? That’s the question we bring in today’s State of the Nation with New York Representative Ritchie Torres.

It seems that crypto is becoming an increasingly divisive and polarized topic in the halls of Congress, and we are hopeful that we can find some common ground on both sides of the aisle.

Crypto is good for the American people. It’s as simple as that.

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Topics Covered

0:00 Intro
7:00 What is MEV?
13:30 MEV is Subjective
17:15 The Oil Analogy
21:15 The Benefits of Smoothing
28:35 Builders and Proposers
38:45 Forced Centralization
44:35 Rug Pool Protection
48:30 Distribution
58:20 Pros of Burning
1:05:15 Burning on Overdrive
1:09:30 Does this Hurt Stakers?
1:13:55 Too Deflationary?
1:23:30 Monetary Premium
1:28:15 EIP-4844
1:31:00 The Engine
1:35:50 Wen?

———
Resources:

Rep. Torres
https://twitter.com/RitchieTorres?s=20 

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosures 

In this episode, Patrick Bet-David and Michael Saylor will discuss:

• FED trying to destroy the crypto market
• Low-Income Earners Being Priced Out of New Car Market
• Warren Buffet's Steps To Success
• IRS Wanting To Obtain People's Bank Records
• Why Crypto Is The Future

FaceTime or Ask Patrick any questions on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://minnect.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

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Inflation isn’t heading back to 2%, according to Pippa Malmgren, author and former adviser to President George W. Bush. She says it’s more likely to stay around 4 to 5%. Why? Malmgren contends that it’s because the main problem facing economies today is tied to supply and demand, and that means traditional inflation-fighting tools won’t really work. Malmgren joins this week’s episode of Merryn Talks Money to talk inflation targets, geopolitics and Britain's future in space. 

Sign up to John Stepek's daily newsletter Money Distilled. https://www.bloomberg.com/account/newsletters/uk-wealth

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Kain Warwick, Founder of the Synthetix Platform, presents himself to the Bankless Nation for a live AMA!

We ask him anything! No question off limits. 

This is a BONUS episode. Regular podcast episode (#26) will be released tomorrow.

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We do AMAs every 2nd and 4th Thursday of the month. 

Become a Bankless member to get access to the Zoom Webinar and ask questions to future AMA guests like Kain directly!

Here's the video recording. 

Kain is the founder of Snythetix, a popular synthetics and derivatives market on Ethereum. The Bankless Nation asks him questions about:

1. High gas fees
2. yams lol
3. Yield farming
4. Future vision for synthetics
5. DeF in a Layer 2
6. Central bank digital currencies
7. The final boss
8. Eth2
9. What he learned from 2017
10. Bull market price predictions!

And more....

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.