Follow On The Margin On Spotify: https://spoti.fi/46WWQ6T
Follow On The Margin On Apple Podcasts: https://apple.co/3UsnTiM
Follow Blockworks Macro On YouTube: https://bit.ly/3NKpujX
--
On today’s episode, Adam Back Co-Founder & CEO of Blockstream joins the show for a discussion on where we are in the Bitcoin cycle.
We deep dive into the mechanics of the mining sector, developments in the lightning network, whether or not a Bitcoin ETF is good for the ethos of Bitcoin & finally why Adam believes Bitcoin under $100,000 is undervalued. To hear all this & more, you'll have. to tune in!
--
Follow Adam: https://twitter.com/adam3us
Follow On The Margin: https://twitter.com/OnTheMarginPod
Follow Michael: https://twitter.com/MikeIppolito_
Follow Blockworks: https://twitter.com/blockworks_
--
Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: https://blockworks.co/event/digital-asset-summit-2024-london
Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/
--
(00:00) Introduction
(00:36) Chancellor on Brink of Second Bailout for Banks
(05:42) Bitcoin & Bonds
(07:49) Bitcoin ETF
(11:54) DAS London Plug
(13:12) Where Are We In The Bitcoin Cycle?
(17:44) Bitcoin's Path To $100,000
(20:17) Bitcoin Mining
(37:02) Blockworks Research Ad
(37:50) Does More Bitcoin Hashrate Equal More Security?
(46:23) The Bitcoin Security Model
(50:57) Bitcoin Ordinals
(57:05) The Lightning Network
--
Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
Supply Shock 