MacroVoices #377 Daniel Lacalle: On The Road To Stagflation
Macro Voices
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The Correlation Between Bitcoin and Technology
I would certainly not take large positions in Bitcoin, certainly on a long only basis. If it cements its price around the 23,000 level, then you can start to see some liquidity coming to the asset,. I would say, uncomstably correlated to no profit tech and the riskiest assets. The people who are most astutely capable of understanding cryptocurrency are the same people that invest in tech stocks.
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