The Bitcoin Frontier

What happens after $100,000 bitcoin? Willy Woo’s first interview in 3 years

37 snips
Dec 3, 2024
Join Willy Woo, a leading on-chain analyst and bitcoin market expert, as he dives into bitcoin's role as a potential global reserve asset. He discusses how major players like MicroStrategy and BlackRock influence bitcoin adoption and the implications of upcoming FASB accounting changes. Willy also sheds light on bitcoin's energy-based scarcity, explores its cyclical nature, and warns against risks of centralization. He paints a vivid picture of how bitcoin could transform geopolitics and the future of finance in a decentralized world.
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INSIGHT

Current Bitcoin Market State

  • This Bitcoin market cycle shows MicroStrategy's impact on corporate treasuries.
  • BlackRock’s spot ETF offers easier TradFi buying, changing market structure.
INSIGHT

Altcoin Underperformance

  • MicroStrategy and Bitcoin ETFs might be diverting investment from altcoins.
  • Retail investors' absence and leveraged Bitcoin plays affect altcoin performance.
INSIGHT

MicroStrategy's Bitcoin Strategy

  • MicroStrategy offers a way for fiat investors to convert to Bitcoin.
  • It concentrates Bitcoin per share over time, potentially increasing its premium.
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