08 July 2021 · 0 min read

El Salvador Macro Outlook

In this interview, Peter McCormack, host of What Bitcoin Did podcast, talks to Lyn Alden, a macroeconomist and investment strategist. They discuss El Salvador making Bitcoin legal tender, other countries adopting Bitcoin, the Lightning Network and the reverse repo market.

Episode timestamps:

00:00:00 Introduction
00:01:25 Reaction to El Salvador
00:04:00 Realities of Dollarization
00:09:09 Dollarized Nations & Bonds
00:13:42 Does US Benefit from Dollarization?
00:15:41 Dollar Blackmarkets and Sanctions
00:21:29 Investing in Bitcoinization
00:25:02 The IMF and Bailouts
00:26:58 Bitcoin legal tender a Threat to USD?
00:30:23 Risks for El Salvador?
00:34:03 Other Countries Bitcoinizing?
00:38:28 The Lightning Network
00:42:04 Volcano Mining
00:46:06 Microstrategy, Systemic Risk?
00:50:48 Update on Inflation
00:53:15 Reverse Repo Market

The episode was recorded on 22 of June, 2021.