One Way Ratchet

Price Pump & Opportunity Costs | 006

Episode Summary

Bitcoin Lens week of Oct 26, 2023

Episode Notes

Dan and Greg discuss:

• Great college band name
• Thank you for birthday candle Bitcoin
• Some thoughts on recent price movement
• BlockRock picks a ticker for its ETF - and its perfect
• We are in final days of pre-ETF era.  ETFs mark the beginning of the Wall Street era for Bitcoin
• Moving from horse and buggy and dirt road economy to super highways and Teslas
• Does Bitcoin need the ETFs to reach its potential?
• Reason why price pumps are so important.  Price moves stimulate adoption
• All non-price Bitcoin metrics incredibly bullish regardless of price
• Now factor in impact of money printing to fund 2 wars and hundreds of trillions of unfunded mandates
• BTC is your insurance policy against continued mismanagement by government
• Hearing from Bitcoin skeptics after price pumps
• Looming hit to real estate market will spur a lot of interest in BTC
• Microstrategy investment in the green.  Just the beginning of companies holding BTC in treasuries
• The opportunity cost of every bad decision is priced in Bitcoin