3min chapter

We Talk Money cover image

Is this financial crisis 2.0?

We Talk Money

CHAPTER

Is Bitcoin Going Back Into Bull Season?

I think there's a few things that came together at kind of at the right time for Bitcoin. Like we were still dealing with especially, especially millennials having a lot of distrust in the banking system and in banks after what they saw in the 2008 financial crisis. And so what happened was Bitcoin pulled back the banking situation happened. What we saw was kind of a flight to safety where people sold out of alts. There's basically a lot of contagion risk in stablecoins right now. We have seen the first signs of market conditions potentially shifting here.

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