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Animal Spirits Podcast

Talk Your Book: Bitcoin Flows

May 6, 2024
Christopher Jensen, Director of Digital Assets Research, discusses the resiliency of Bitcoin, global casino vs global computer use-case theories, and understanding the Bitcoin halving. The podcast dives into the evolution of cryptocurrency as a new asset class, the diverse crypto ecosystem, and the disruptive potential of cryptocurrency in revolutionizing the financial system.
34:16

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Crypto market acts as global risk sentiment indicator, emphasizing need for practical applications beyond speculation.
  • Bitcoin's role as deflationary asset highlighted, with market efficiently pricing in events like halving and increased institutional demand.

Deep dives

Crypto Market Speculation and Use Case

The discussion delves into the speculation-driven nature of the crypto market and the ongoing search for a tangible use case beyond liquidity and speculation. It acknowledges that crypto functions as a global risk sentiment indicator and operates as a 24/7 market, resembling a risk appetite gauge like the VIX. Despite unresolved use case concerns, intriguing theories are raised, emphasizing the need for practical applications.

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