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Crypto Prices CoinDesk Market Index
CoinDesk - Unknown
The Breakdown, With NLW

Rio De Janeiro Is Giving People a 10% Discount to Pay Taxes in Bitcoin

And putting 1% of their treasury into crypto.

January 14, 2022
Listen on:
Alex Thorn
Head of Firmwide Research
Galaxy
Hear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.
Secure Your Seat
Alex Thorn
Head of Firmwide Research
Galaxy
Consensus 2023 Logo
Hear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.
Secure Your Seat

This episode is sponsored by Nexo, Abra and FTX US.

Download this episode

This was, NLW argues, a very good week for crypto. He covers:

  • The mayor of Rio announcing big bitcoin/crypto support this week
  • Strike launching in Argentina
  • Northwest Arkansas offering tech workers $10,000 in BTC and a bike to move to the region
  • A congressman introducing legislation to ban the Fed from issuing a CBDC
  • Jack Dorsey’s Block building bitcoin mining hardware

See also: Bitcoin Price Analysis, Inflation, Rio de Janeiro to Add Bitcoin to Treasury and More

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Time” by OBOY. Image credit: Christian Adams/The Image Bank/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

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