Ep190: Chinese Debt Fallout, Nigerian Payroll Exorcism, Mexico’s Oil Subsidy Blowback

Mexico feels the blowback from flawed economic policies including a government oil monopoly and subsidies. The new Nigerian president is cleaning house by eliminating graft including 50,000 ghosts on the government payrolls. Chinese suffers from debt woes leading to a crackdown on capital flight, a censorship of the New York Times and a crumbling Yuan. Swarm City distances themselves from Arcade City founder Christopher David. Zcash published a video hyping up the security and techniques they used to create the cryptocurrency. Last weeks Monero price jump may have been caused by an announcement that they would be targeting the Chinese market. JJ and Darren discuss how an up-and-coming new cryptocurrency may end up eating Bitcoin’s lunch.

All this and more on the Neocash Radio podcast, episode 190 — Wednesday January 11th, 2017!

We’ve written out short overviews of the topics discussed on today’s show below! Be sure to listen in to the whole podcast to get more information, insights, and thoughts on each of them from JJ and Darren!

Stream this podcast episode:


or Direct Download the podcast as an MP3 – Neocash Radio episode 189


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Traditional Markets Crypto Markets
Gold $1,192 Bitcoin (BTC) $789
Silver $16.69 Litecoin (LTC) $3.89
Oil $52.38 Zcash (ZEC) $40.05
Dow Jones 19,952 points Ethereum (ETH) $9.72
30Y UST Yield 2.952% DASH $11.34
Euro (EUR) $1.04 Monero (XMR) $11.60
Chinese Yuan (CNY) $0.14 Augur REP $3.81
British Pound (GBP) $1.22 1 Doge = 1 Doge

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