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Show Summary

  • Crypto legislative landscape on a global scale: Countries are rolling out their own digital currencies, while the US is slow to regulate. Visa and Mastercard are waiting in the background.
  • Stability of countries involved in BRICS: Brazil, Russia, India, China, and South Africa are creating an idea of stability through BRICS backed by unstable economies and currencies.
  • Tax challenges and opportunities presented by digital assets: The US Senate Committee on Finance sought help from the cryptocurrency industry to address tax challenges.
  • Central bank digital currency (CBDC) as a mechanism to control people: CBDCs give countries another mechanism to control their people and maintain sovereignty over their currency.
  • RippleNet as an alternative to BRICS: RippleNet is a phenomenal technology for moving money that could replace BRICS as a global reserve currency.
  • New gold-backed BRICS could dent USD dominance regionally speaking: A new gold-backed BRICS could dent USD dominance regionally but would not unseat the US Treasury as a global reserve asset.
  • Possibility of a gold-backed BRICS currency: China and Russia have reportedly been buying gold, but it's still not enough to back a five-country currency that compromises 30% of global GDP.
  • Ripple case and SEC's stance on XRP: The SEC singled out XRP in all sales across the board, which could have implications for XRP holders. The Ripple case is one to watch.
  • Badass Yetis coffee sponsorship: The show is sponsored by Badass Yeti's coffee, with different blends available.

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