The narrative was these four year cycles and the Bitcoin having happened in 2020. We did see violent price action to the upside in the later half of 2020, but we actually haven't seen it perform as well as prior cycles. I think now with the block subsidy and the annual inflation rate at say 1.8%, next having a 2024 block subsidy is going to get cut in half again. Every point 125 Bitcoin every block will be issued that inflation rates can be less than 1%. So ultimately, when the macro allocators like the hedge fund guys, anybody that wants to secure a Bitcoin position, which is quite a lot of people I think in the future, they're going to have to buy
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.
BOOKS AND RESOURCES
Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.