Preston Pysh on Why Currencies Fail

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

On March 12, as the U.S. government struggled to wrap its head around the emerging COVID-19 pandemic and markets floundered, bitcoin 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. 



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Bitcoin (BTC) $ 27,957.49 3.59%
Ethereum (ETH) $ 1,725.69 3.14%
Litecoin (LTC) $ 68.08 3.01%
Bitcoin Cash (BCH) $ 242.12 2.17%