A panel led by Peter MCCORMACK from the @whatbitcoindid podcast
- 2nd wave with potential 3rd one down the road
- pension funds are going to sell now
- weak retail holders (Robinhood crowd)
- insolvencies are rising
Take aways from the Talks
- The Fed is printing like crazy and the dollar did not move a bit.
- All the other central banks are now starting to do their printing and this will cause the Dollar AND BTC AND Gold to shoot higher.
- Politicians just want to kick the can down the road and going back to a gold standard will not happen since that will curtail their option to print money and spend how much they want.
- The only answer the Central banks have is PRINT MORE.
- The baby boomers are holding all the wealth and do not want to let go and are also still those mostly holding the power
- baby boomers are afraid of change
- GenZ are watching movies in Fortnight and paying with tokens.
- Gen Z do not have a different view of digital and real-world assets.
In a post-digital world Bitcoin is the honest ledger
Predictions:
- Caitlin Long : Stablecoins will skyrocket this year in usage since they are easier in usage and superior payment rails
- Raoul Paul : Bitcoin looks like a risk asset but this will go away quickly and will lose correlation from S&P. Advice, secure and create any possible cashflows.