11 min listen
Sorry, Bloomberg: Here Are 6 Reasons Why 2020 Is a Great Year for Bitcoin
FromThe Breakdown
ratings:
Length:
29 minutes
Released:
Jun 15, 2020
Format:
Podcast episode
Description
Today on the Brief: Stocks down on coronavirus fears Demand destruction The looming retirement crisis 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 uptake Demonstrated resilience New champions Narrative fundamentals Need in emerging markets End of economic orthodoxy
Released:
Jun 15, 2020
Format:
Podcast episode
Titles in the series (100)
Crypto Daily 3@3 - 7.9.19 | Deutsche Bank layoffs; Does Libra drown the BTC narrative? + more: Deutsche Bank announces 18k layoffs & a photo instafamous memes a tailor with a Bitcoin bag as a fired banker Strong counter argument against the idea that Libra is somehow good for Bitcoin A new platform for fractionalized art and culture... by The Breakdown