One Way Ratchet

5 Things | Bitcoin Options Approved - Institutional Custody - China Money Printing - Stores of Value | 068

Episode Summary

5 things you need to know about Bitcoin and the woeld.

Episode Notes

Dan and Greg break down the 5 things you need to know about Bitcoin and the world for the week of Sept 25, 2024.  We get into:

• BTC: The SEC finally approved options trading for the BlackRock Bitcoin ETF.  This is a watershed change that will bring waves of capital into the Bitcoin space.
• BTC: The SEC also approved Wall Street bluechip bank BNY Mellon to custody Bitcoin.  This is a major step in institutional adoption.
• Only Tradeoffs: We discuss various stores of value and the process of actually selling them and how Bitcoin is such a radical improvement.
• Clown World: Money printer go brrrrrrrr in China!
• On Radar: Two great book recommendations:
  • Lords of Finance
  • The Prize