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Thursday Mar 10, 2022

Block013 - Today I Learned How SWIFT Works

Today I Learned #2

Welcome to Block013 of The Bitcoin Journey, the second installment of the Today I Learned series. In this episode, Tim explains what the SWIFT system is to CJ. It isn't what we originally thought!

They discuss:

  • The structure of SWIFT
  • The role it plays in global financial settlement
  • Who controls SWIFT
  • How SWIFT works

This is a great episode, we hadn't appreciated just how SWIFT works, and it's sparked a desire to dig deeper on the topic!

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Some of resources used in this discussion:

The Lazarus Heist
Tim mentioned this news article related to a SWIFT hack

Business Standard Podcast
What is the SWIFT payment system?

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Video versions of our episodes can be found on bitcointv.com (bitcointv.com/c/thebitcoinjourney/), as well as on youtube (https://www.youtube.com/channel/UCXu9HoOvBEK6sTLqarK_pUQ)

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We release regular episodes discussing the best bitcoin related articles, news, and technology.

Follow and get in contact with the hosts on Twitter:

CJ  @CharlieJBitcoin

Tim  @BitcoinTimO

Podcast  @BTCJourneyPod

And visit the website for all our shows:

http://thebitcoinjourney.org

Any other questions please email hi@thebitcoinjourney.org

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Theme music is Good Times by Sensho

Music from Uppbeat (free for Creators!): https://uppbeat.io/t/sensho/good-times License code: NTRNICT65K6COIPU

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