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Bitcoin's Hot-O-Ler Pressure
In 2013 and 2014, exchanges went down like, like, I mean, almost every exchange. That came from a very rough period of Bitcoin's history. In terms of the percentage of people affected, it's probably lower now than it is then. What makes this one more brutal is that there are some OGs who have just lost their entire stack in a way that I've never seen before.
David Bailey and Preston Pysh get into an in-depth conversation about the GBTC Bitcoin Trust and all of the issues it's had over the past year and a half.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
01:29 - What backs Bitcoin?
10:27 - CBDCs and what happens next.
13:14 - FedNow and what happens after it's launch.
18:43 - The actual impact of picking winners and losers for decades on end.
20:14 - The Skull of Satoshi.
29:43 - What it's like building a Bitcoin media company as an entrepreneur.
29:43 - Growing the Bitcoin Conference.
45:32 - GBTC and the campaign for shareholders to redeem the Bitcoin in the trust.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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