Bitcoin Whales: A Concern for You

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Bitcoin whales are wallets that hold the most amount of Bitcoin. About two and a half million Bitcoin are on exchanges, but how much is to each user? We don't know. Gary Gensler has made it pretty clear that Bitcoin is not a security in his eyes after teaching at MIT and all this other stuff.

In this MI Rewind episode, Clay Finck chats with Dylan LeClair about Bitcoin on-chain analysis, Ray Dalio’s thesis on the long-term debt cycle and how Bitcoin potentially plays into that, and much more!

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

05:11 - Ray Dalio’s thesis on the long-term debt cycle and how Bitcoin potentially plays into that.

20:01 - Why Dylan believes Bitcoin is a better solution for base money than gold.

29:15 - Why we haven’t seen more public companies adopting Bitcoin as of late.

41:40 - What Bitcoin on-chain analysis is and why it even matters.

51:11 - Dylan’s thoughts on the potential for a Bitcoin ETF.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

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Check out Dylan’s Articles.
Related Episode: Listen to MI128: Why Buy Bitcoin w/ Andy Edstrom, or watch the video.
Related Episode: Listen to MI135: Bitcoin is for Millennials w/ Preston Pysh, or watch the video.

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