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Quarterly Market Recap: Q2 2023 - [Web3 Breakdowns, EP.80]

Making Markets

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The Future of Bitcoin

I think Bitcoin's future could be is that type of asset that it's considered a hedge in a portfolio of when everything goes wrong. In the current time, it's a risk asset when stuff goes really well and risks on. And when risk sells off, it doesn't. I'm curious to see if it can become more than that as it's more potentially widely adopted. It's hard for me not to think that if the BlackRock ETF gets approved, that it's not going to become more widely held. Even if it's just a small insurance policy of not being wrong for people.

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