On The Brink with Castle Island Weekly Roundup 06/25/21 (China's Hashrate Migration, holding BTC in your bank, Taleb's bitcoin paper) (EP.225)
Jun 25, 2021
48:47
Matt and Nic are back for another rocky week in the markets. In this episode:
- Our thoughts on the Chinese mining situation
- Is Sichuan being spared the crackdown?
- Why Bitcoin's hashrate may not recover for a while
- Why China is cracking down on mining now
- How China's ultra-high voltage transmission is affecting mining policy
- How is miner selling influencing price?
- Our remaining China grey swans
- Our theories on the relationship between price and hashrate
- The SEC settles another ICO from 2017
- Our analysis of the NYDIG/ core banking provider integrations
- Why social graph portability is so important
- Taleb writes a bad bitcoin paper
- Bitcoin still has a GBTC overhang
Content mentioned in the episode:
- Nic in Coindesk, Go West, Bitcoin! Unpacking the Great Hashrate Migration
- NYDIG/FIS press release
- Rebuttals to Taleb's paper on Bitcoin
This episode supported by:
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Eventus, the leading global provider of multi-asset class trade surveillance, transaction monitoring and market risk solutions. Its award-winning trade surveillance platform is easy to deploy, customize and operate. Eventus is proven in the most complex, high-volume and real-time environments and supports many of the industry's leading crypto exchanges including Coinbase, Gemini, ErisX and OSL. Find them at onthebrink.link/eventus