One Way Ratchet

Weekly Ratchet | 028

Episode Summary

Bitcoin news week of Dec 8, 2023

Episode Notes

Today Dan breaks down:

• Price is up!   Yearly high
• Wisdom of dollar cost average
• Bitcoin now bigger than Tesla, Facebook and Berkshire Hathaway
• Only 6 companies in world are bigger - for now.  We are still are in the era when individual companies are still bigger than Bitcoin
• One day we will look back and laugh
• Jamie Dimon CEO of JPMorgan testimony at congress - where to even begin
• Good thing a good, upstanding bank like JPMorgan has never been involved in any illicit activities.
• Oh wait, turns out they have been involved in quite a few and paid over $39 BILLION in fines since 2000
  • view list of all of their abuses and fines
• This is why we Bitcoin