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Price Pump & Opportunity Costs | 006

Price Pump & Opportunity Costs | 006

Bitcoin Lens week of Oct 26, 2023

One Way Ratchet · Dan Felger, Greg Schein

October 26, 202342m 10s

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Show Notes

Dan and Greg discuss:

  • Great college band name
  • Thank you for birthday candle Bitcoin
  • Some thoughts on recent price movement
  • BlockRock picks a ticker for its ETF - and its perfect
  • We are in final days of pre-ETF era.  ETFs mark the beginning of the Wall Street era for Bitcoin
  • Moving from horse and buggy and dirt road economy to super highways and Teslas
  • Does Bitcoin need the ETFs to reach its potential?
  • Reason why price pumps are so important.  Price moves stimulate adoption
  • All non-price Bitcoin metrics incredibly bullish regardless of price
  • Now factor in impact of money printing to fund 2 wars and hundreds of trillions of unfunded mandates
  • BTC is your insurance policy against continued mismanagement by government
  • Hearing from Bitcoin skeptics after price pumps
  • Looming hit to real estate market will spur a lot of interest in BTC
  • Microstrategy investment in the green.  Just the beginning of companies holding BTC in treasuries
  • The opportunity cost of every bad decision is priced in Bitcoin

Topics

bitcoinbtc