Word on the Street: Chinese stock market rout may have added to USDT crash
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Word on the Street: Chinese stock market rout may have added to USDT crash
The notorious “October effect” in stock markets (expected higher volatility and market crashes) has not disappointed, with the US and Chinese indices continuing their tumultuous run. This volatility in the stock market has at times coincided with large sell-offs in cryptocurrencies and the panic selling in Chinese markets this week may have had a spill-over to the bitcoin and tether market this week – both of which share a large base of retail Chinese investors.
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Hello, welcome to episode 47 of The bitcoin Game, I’m Rob Mitchell. We recently had the State Of Digital Money, the first big bitcoin conference in Los Angeles since 2015. Actually, I’m unsure if I should call it a bitcoin conference, since the majority of the presentations were not directly related to bitcoin. Luckily for me, I got to moderate a panel on scaling bitcoin with notable Bitcoiners: Core developer Eric Lombrozo, longtime bitcoin developer Ryan X. Charles, vocal trader and personality Tone Vays, and Airbitz Wallet?’?s Paul Puey. You’ll hear the discussion in its entirety on this episode.
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While much of a Bitcoiner’s time is spent in the world of digital assets, sometimes it’s nice to own a physical representation of the virtual things you care about. For just the price of a cup of coffee or two (at Starbucks), you can own your own or the newer .
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Episode photo courtesy of Valerian Bennett.
All music in this episode of The bitcoin Game was created by Rob Mitchell.
The bitcoin Game box art was created from an illustration by .
