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Preston Pysh on Why Currencies Fail

 3 years ago
source link: https://www.coindesk.com/preston-pysh-on-why-currencies-fail
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Preston Pysh on Why Currencies Fail

An encore presentation of NLW’s conversation with Preston Pysh recorded on March 12 – the infamous Black Thursday.

This episode is sponsored by Crypto.com and Nexo.io.

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On March 12, as the U.S. government struggled to wrap its head around the emerging COVID-19 pandemic and markets floundered, bitcoin (BTC, +1.98%) had one of its worst days in history, crashing by thousands of dollars and even hitting below $4,000 on some exchanges. 

That evening, NLW and podcaster Preston Pysh recorded a conversation about bitcoin, central banks and what happens when currencies fail. Nine months later, the conversation is as salient as ever. 

Find our guest online: @PrestonPysh

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