What Bitcoin Did BITCOIN PRICE, ADOPTION, MSTR & NATION STATES w/ Eric Yakes
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Feb 19, 2025 Eric Yakes, author of "The 7th Property" and Managing Partner at Epoch, dives into the evolving world of Bitcoin. He explores the surge in Bitcoin adoption, with the U.S. user base growing from 5% to 15%. Yakes discusses the role of nation-states in Bitcoin's future, including potential reserve asset status and investment strategies. He also unravels the impact of ETFs on retail trends and MicroStrategy's connection to Bitcoin pricing. Expect insights into the transformative power of Bitcoin on a global scale and its rising legitimacy in traditional finance.
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Bitcoin Adoption Measurement
- Bitcoin adoption is measured in various ways, including on-chain addresses and surveys.
- However, these methods often miss "owners by association," such as spouses.
Crypto Bifurcation
- The cryptocurrency world has bifurcated into Bitcoin, meme coins, and everything else.
- Meme coins' staying power may be due to gambling's enduring popularity.
Bitcoin Awareness vs. Adoption
- While public awareness of Bitcoin is high, many people remain resistant to it.
- This resistance creates a challenge for broader adoption.
