A Cryptocurrency Made in the USA, Why Putin is Scary & What Are Tactical Nukes?

In this episode, Alex starts with cryptocurrency. According to the Associated Press, “Biden signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should jump in and create its own digital currency.” Economic advisors and national security advisors in the Biden Administration specultated that it was to ensure that the U.S. plays an role in the innovation of digital currency and protects American assets abroad and at home. Alex feels that there may be a coincidence around the timing. There are fears that China is watching and learning from what has happened in Russia and may try to find ways to evade sanctions and help the Russian economy as well. China has a digital Yuan already, but there is speculation that Russia and China are looking into developing their own cryptocurrency. Later in the episode, Alex goes over his list of why Putin “is an idiot” but also why these same reasons terrify him as this invasion progresses. He ends with discussing how tactical nuclear weapons may be a workaround against deterrence.