One Way Ratchet

Weekly Ratchet | ETF Approval | Effect on Price? | US Debt Milestone | 034

Episode Summary

Bitcoin news week of Jan 5, 2024

Episode Notes

Dan kicks off the new year:

• Happy new year
• ETF approval imminent
• Impact on price?  We don’t know.  DCA and chill
• Wealth advisor survey
  • Only 39% expect an ETF approval this year
  • 88% saw ETF approval as a major catalyst
  • Only 19% currently have ability to buy BTC on behalf of clients
  • Takeaway: Still. So. Early.
• US debt now over $34 trillion dollars and it is not stopping
• Means continued money printing so stack BTC and chill