

How Fiat Fails and Bitcoin Succeeds with Dylan LeClair (WiM370)
5 snips Sep 25, 2023
Dylan LeClair, Co-Founder of 21st Paradigm, discusses the Bitcoin halving, inflation, and impact of derivative markets. Topics also include El Salvador, media propaganda, wealth disparity, and demystifying derivative markets in the Bitcoin Market.
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Halving's Diminishing Impact
- Bitcoin halving's impact on price might be diminishing.
- It’s more of a demand driver, fueled by HODLers' accumulation and distribution.
Front-Running the Halving
- Bitcoin's price cycle, linked to the halving, could see a shift.
- People might start front-running, buying earlier in anticipation of the price rising.
Bitcoin Boom and Bust Cycles
- Bitcoin's price booms are driven by HODLers accumulating, creating scarcity.
- Price busts occur when these HODLers sell, transferring supply to weaker hands.