5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC104: The US FED & Treasury Need Bitcoin w/ Luke Mikic (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Bitcoin 2020 Is Going to Be a Big Inflection Point

Bitcoin the asset is actually transforming and we have a different type of asset allocator in the Bitcoin space so I kind of think people who were looking at the past 12 years of Bitcoin price performance are going to be left wildly shocked. Instead of the market being dominated by a 99% of retail participants I think moving forward the market's going to be dominated by the largest money managers all around the world. Since March of 2020 what you've watched is 800 000 bitcoin leave the exchanges and with a beautiful thing about on chain data as you can see where those coins are going, they're going to wallets of entities who don't have a history of selling their bitcoin. If you run that extrapolation forward

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