The Saudi drone attacks are also quite serendipitous for the US Federal Reserve who will meet on Wednesday to announce their interest rate decision.
As we’ve been discussing lately, the Fed is currently in a bit of a pickle trying to justify the reason for cutting interest rates at a time that the job market is super hot and inflation is optimal.
Now Chairman Powel can easily cut the interest rate for the second time in a row and claim with confidence that global geopolitical tensions are causing a headwind that they want to be in front of.
After the ECB’s actions last week the race to the bottom continues.
Blockchain week in Tel Aviv has been such a blast so far and by far the greatest part was the Ethereal summit yesterday. I got to meet so many cool and interesting people and learned about dozens of projects that are building projects on Ethereum.
The best one, of course, was the announcement from eToro’s Firmo, who’ve just built a new programming language for Ethereum smart contracts for the sake of simplicity and security. Check it out the details here.
Towards the end of the day, I was sitting in the press room, which had already become quiet when in walked Vitalik Buterin larger, larger than life, and sat down next to me. I do apologize to my poor aunt who I was talking to on the phone and had to abruptly hang up on.
I only got in a few words with the legend before he was recruited by BlockTV for a candid interview, in which he spilled his feelings about competing projects like Tron, Telegram, and Libra. Must Watch!!
After that, we were treated to the most amazing panel I’ve ever witnessed with Vitalik, his co-founder Joe Lubin, and our very own Yoni Assia. Unfortunately, I don’t have a recording of that one but I did manage to live-tweet the entire thing for you.