4min chapter

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

TIP520: Investing Through Post-bubble Markets w/ Jamie Catherwood

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Cryptocurrency and Bitcoin - What's Going on in the Crypto World?

The Bitcoin people almost want to ignore the kind of shady stuff that goes in goes on in crypto more broadly because they feel that Bitcoin is not sketchy like that. But what goes on in these like more sketchy ecosystems of crypto do affect Bitcoin because Bitcoin is the main asset that companies are using. And so just like activities and these more speculative bucket shops ended up influencing negatively the price of the stock on the stock exchange. It kind of brings down the whole system, not brings it down but affects the whole system.

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