Tuesday, Nov 28, 2023

COP28 and bitcoin, central bankers, crypto fund inflows, coups, outsiders

“You can tell whether a man is clever by his answers. You can tell whether a man is wise by his questions.” – Naguib Mahfouz   ||

Hello everyone! There are only 34 days left in the year, and 27 days until Christmas. No pressure. ☀

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IN THIS NEWSLETTER:

• COP28 and Bitcoin: The Beginning of a Beautiful Friendship?

• Crypto fund flows pick up

• Central bankers still don’t get it

WHAT I’M WATCHING:

COP28 and Bitcoin: The Beginning of a Beautiful Friendship?

This week sees the kick-off of COP28, the annual conference to discuss a coordinated global approach to dealing with climate change issues. This year, it is held in the United Arab Emirates (UAE), one of the world’s largest oil producers.

Already desperate rhetoric is emphasizing the catastrophic cost of inaction, 120 heads of state are brushing up their speeches, and even Pope Francis will make an appearance despite a lung inflammation.

Yet as usual, the event will most likely end up being a waste of time as well as energy (of all kinds). Nevertheless, there is a positive crypto twist embedded in the shambles.