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5 Things | Highlights from the Bitcoin Conference | Bitcoin-Backed Loans | Olympic Clown Show | 060

5 Things | Highlights from the Bitcoin Conference | Bitcoin-Backed Loans | Olympic Clown Show | 060

The biggest stories in Bitcoin this week

One Way Ratchet · Dan Felger, Greg Schein

August 2, 20241h 2m

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Show Notes

Dan and Greg break down the 5 things you need to know this week:

  • BTC: Update from the Bitcoin Conference
    • Trump headline speaker
    • Calls for US national Bitcoin reserve 
    • Maturation of Bitcoin as an asset accelerating
  • BTC: Introduction of Bitcoin-backed loans
    • Massive upgrade to current lending
    • Will dramatically increase institutional demand
  • Only Tradeoffs: as Bitcoin matures, large entities will acquire a ton of Bitcoin.  Its already happening.  There are 2 sides to this coin,
  • Clown World.  Abject insanity at the Olympics
  • Looking Ahead: pay attention to the Democrats and any signs of warming toward Bitcoin and crypto as election issue

Topics

bitcoin lensbitcoinclown world