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A Bitcoin Shortage? PayPal and Cash App Buying More Than 100% of New Supply

A Bitcoin Shortage? PayPal and Cash App Buying More Than 100% of New Supply

FromThe Breakdown


A Bitcoin Shortage? PayPal and Cash App Buying More Than 100% of New Supply

FromThe Breakdown

ratings:
Length:
14 minutes
Released:
Nov 24, 2020
Format:
Podcast episode

Description

Today on the Brief: AstraZeneca and University of Oxford release third positive COVID-19 vaccine trial data Trump administration ratchets up pressure on China Another DCEP lottery trial coming Our main discussion: a narrative shift, growing attention and a bitcoin shortage. What happens when demand exceeds supply and supply is being gobbled up aggressively by new market actors? That’s the question posed by Pantera’s recent investor letter and today’s Breakdown episode. NLW also looks at: The reappearance of bitcoin (BTC, +1.08%) in mainstream media, like today’s Wall Street Journal The rise of celebrities coming out as HODLers BlackRock’s CIO suggests bitcoin could replace gold for many
Released:
Nov 24, 2020
Format:
Podcast episode

Titles in the series (100)

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of The Breakdown Network.