Podcast: Why Banks Aren’t Lending

Alfonso Peccatiello of ING Deutschland discusses how a Bitcoin standard could impact a credit driven economy.

August 25, 2021 10:58 am

On this episode of Blockworks’ podcast “On the Margin,” Michael Ippolito, co-founder, sits down with Alfonso Peccatiello, ING Deutschland’s head of fixed income portfolio management and author of online weekly newsletter, The Macro Compass.

Newsletter

Subscribe to The Breakdown

Mike and Alfonso discuss a wide range of topics from signs of slowing structural growth, reverse repos and how a bitcoin standard could impact a credit driven economy.

They also covered:

The effects of quantitative easing
Financial repression

“On the Margin” is a two-part show. Once a week, Mike interviews industry experts, and then at the end of the week he is joined by co-host Tyler Neville where they break down the top crypto and macro stories. Episodes go live every Wednesday and Saturday morning.

Subscribe to “On the Margin” today on Apple or Spotify, or watch episodes on YouTube.

Tags

Newsletter

The Breakdown

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Digital Asset Summit 2026

Javits Center North | 445 11th Ave

Tues - Thurs, March 24 - 26, 2026

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

buy tickets learn more

recent research

Research

Naver's Bid For Upbit: Building Korea's Next Generation Super App

South Korea is emerging as one of the most important global hubs for regulated digital assets, and Upbit sits at the center of this shift. Naver’s proposed acquisition could create the country’s dominant super app for payments, trading, and digital finance. This report breaks down the numbers, the regulatory tailwinds, the economics of the deal, and why the merger may unlock one of the most attractive asymmetries in Korea’s public markets.

by Kunal Doshi