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BREAKDOWN: Sorry, Bloomberg: Here Are 6 Reasons Why 2020 Is a Great Year for Bitcoin
BREAKDOWN: Sorry, Bloomberg: Here Are 6 Reasons Why 2020 Is a Great Year for Bitcoin
ratings:
Length:
29 minutes
Released:
Jun 15, 2020
Format:
Podcast episode
Description
A Bloomberg senior editor today argued there were six reasons why 2020 was bad for bitcoin. Here’s the opposite case.Today on the Brief:Stocks down on coronavirus fearsDemand destructionThe looming retirement crisisThis episode is sponsored by Bitstamp and Ciphertrace.Our main theme: Bitcoin is up more than 30% on the year. After a crash alongside equities, it has proved incredibly resilient. There are famous new entrants to the space like Paul Tudor Jones II. So how can a Bloomberg editor argue the year has been bad for bitcoin? In this response podcast, NLW argues that most of the arguments are about narrative, not the underlying fundamentals. He presents six reasons why not only has it not been a bad year, but the exact opposite is true:Demonstrated institutional uptakeDemonstrated resilience New champions Narrative fundamentals Need in emerging markets End of economic orthodoxy See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jun 15, 2020
Format:
Podcast episode
Titles in the series (100)
Crypto Black Lotus by CoinDesk Podcast Network