On The Brink with Castle Island Weekly Roundup 12/06/24 (Bitcoin $100k, Atkins for SEC, more OCP2.0) (EP. 580)
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Dec 6, 2024 Bitcoin has hit the remarkable milestone of $100,000, sparking a blend of market analysis and personal stories from diverse settings. The podcast dives into Alex Mashinsky's guilty plea tied to Celsius and its fallout, while also tackling the implications of new SEC Chair Paul Atkins, who is expected to adopt a pro-crypto stance. Additionally, it covers congressional investigations into debanking within the crypto space, alongside innovative developments in the industry, highlighting an optimistic outlook for the future of Bitcoin.
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Bitcoin $100k Celebration
- Nick Carter celebrated Bitcoin reaching $100k at Smith & Wollensky.
- He jokingly laments Miami's lack of good steakhouses.
Bitcoin's Impact on Purchases
- Matt Walsh's friend bought Patriots game tickets with Bitcoin when it was $38k.
- Walsh cheekily asks if he bought back in after Bitcoin's recent rise.
Financial Times' Bitcoin Stance
- The Financial Times maintains its Bitcoin criticism.
- Ironically, their former top writer, Izabella Kaminska, has shifted away from Bitcoin skepticism.