Bitcoin And . . . cover image

The Palindrome Episode Ep676

Bitcoin And . . .

00:00

Bitcoin Is a Grass Roots Movement

Binance USD b-u-s-d dropped to a low of 20 cents against the die stablecoin on wednesday morning as liquidity dried up. The plunge was triggered by a single 640 thousand dollar market sell order which prompted a cascade of slippage down to 20 cents. At press time there are 3.38 million worth and aggregated sell orders down from the dollar peg to 20 cents meaning that it would require 3.8 million dollars take price action to again reach that level according to binance's book. We must understand that regimes cannot rule our minds unless we let them in as Victor Hugo wrote quote no army can stop an idea whose time has come right.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app