BF60 - Weekly Bitcoin News - 4/16/23

Weekly market update / outlook and weekly Bitcoin news:

• Robert Barnes on dollar demise
• The fall of Medici Bank:  lessons on fractional reserve banking from 15th century Italy
• CBDC debate heats up:  BIS project sparks controversy among critics; Lynette Zang warns of danger of CBDC's
• US House committee publishes draft of stable coin bill
• Silk Road Bitcoin thief, once worth $3.4 Billion, receives one year prison sentence
• Gold bugs still don't get it:  Bitcoin's ledger makes it the better store of value
• Check out this week's blog post:  "Monthly Portfolio Update - April 2023"

 

Substack: Bitcoin Fortress

Twitter: Bitcoin Fortress

Books: Amazon Author Page

 

Mentioned in this week's Podcast:

https://vivabarneslaw.locals.com/upost/3827119/the-barnes-brief-monday-april-10-2023

https://news.bitcoin.com/the-fall-of-medici-bank-lessons-on-fractional-reserve-banking-from-15th-century-italy/

https://news.bitcoin.com/cbdc-debate-heats-up-bis-project-sparks-controversy-among-critics-lynette-zang-warns-of-dangers-of-cbdcs/

https://www.coindesk.com/policy/2023/04/15/us-house-committee-publishes-draft-stablecoin-bill/

https://cryptonews.com/news/silk-road-bitcoin-thief-once-worth-34-billion-receives-one-year-prison-sentence.htm

https://bitcoinmagazine.com/culture/bitcoin-ledger-better-than-gold

https://bitcoinfortress.substack.com/p/monthly-portfolio-update-april-2023