Is Price Just a Function of Demand and Supply?

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Price charts for things like Amazon in the 90s when money was really cheap, it looks a lot like what was happening with Bitcoin and Ethereum at similar points in time. Things that move exponentially get an outsized price movement when the money supply is increasing. That's number one. And they also are more volatile to the downside. But believe it or not, it's the first two that in the early days are driving the price even more. The network effects and the money supply.

In this episode, Bill and Peter discuss the basics of crypto, how to get involved in the crypto world, and how the banking system will evolve.

You will learn about:

21:09 | The 101 of Cryptocurrency
50:51 | Building Confidence In A System That Is Fully On The Internet.
1:20:17 | What Will Be The Tipping Point When Crypto Takes Over?

Bill Barhydt is the founder and CEO of Abra, an all-in-one mobile wallet that allows its customers to buy, sell, trade, store, and borrow cryptocurrency. Barhydt is a serial entrepreneur who has worked with NASA, the CIA, and Goldman Sachs.

Learn more about Abra.

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