$1 Trillion Daily Repos, Coinbase Exec To Oversee Banks, Bill In Senate Aims To Torpedo Encryption EP029

SHOW RESOURCES: Former Coinbase executive will oversee the banking system https://dailyhodl.com/2020/03/16/us-treasury-secretary-steven-mnuchin-appoints-coinbase-chief-legal-officer-to-oversee-banking-system/amp/?__twitter_impression=true Fed Announces another $500B repo injection https://www.cnbc.com/2020/03/17/fed-announces-another-500-billion-operation-for-overnight-repo-funding-markets.html THEN they decide on injecting $1 Trillion EVERY DAY this week https://www.investing.com/news/economy/new-york-fed-pledges-to-offer-1-trillion-a-day-in-overnight-repo-loans-2113378 Treasury secretary announces plans for helicopter money – checks to Americans in the next couple weeks https://www.politico.com/news/2020/03/17/coronavirus-government-payments-checks-133994 “EARN IT” bill aims to dismantle encryption https://www.washingtonpost.com/news/powerpost/paloma/the-cybersecurity-202/2020/03/06/the-cybersecurity-202-senate-bill-sparks-open-war-over-encryption/5e616cad88e0fa101a741cee/ Sign the petition https://actionnetwork.org/petitions/dont-let-congress-kill-encryption/ Full bill here: https://www.eff.org/document/earn-it-act Could bank runs be on the horizon? Cash withdrawal limits already in place at Bank of America, likely to be reduced in coming days https://bitcoinist.com/ultimate-test-for-fiat-as-us-bank-runs-loom/ SUPPORT THE SHOW: Visit LEDN to check out getting a bitcoin-backed loan https://platform.ledn.io/join/0a00cca3dd61dea5909c95cd41f41685 Visit and sign up for Paxful: http://bit.ly/2HYQnOG Paxful Tutorial: https://www.youtube.com/watch?v=QyKJvjzLmag Get Wasabi wallet and enjoy your privacy https://wasabiwallet.io/ Wasabi Tutorial https://www.youtube.com/watch?v=ECQHAzSckK0 Get NORDVPN to protect your online privacy. 75% off a 3 year https://nordvpn.org/btcsessions Check out my website for private bookings: http://btcsessions.ca/ Join my Telegram channel! https://t.me/btc_sessions If you value my work and would like to send me a tip, they are always appreciated! LIGHTNING tips: https://tippin.me/@BTCsessions --- Support this podcast: https://podcasters.spotify.com/pod/show/btcsessions/support