One Way Ratchet

Weekly Ratchet | Justice System Prevails | Debt Milestone | ETF Update | Bear Market Perspective | 017

Episode Summary

Bitcoin news week of Nov 10 2023

Episode Notes

This week Dan covers:

• Justice prevails: Sam Bankman-Friend in jail, possibly for rest of his life
  • Why are his parents not facing charges?  They appear to be heavily involved
  • Are politicians giving "donations" (stolen money) back??
• US just surpassed over $1 TRILLION in interest payments this year alone, and rising every day
• ETF updates
  • All 12 ETFs could issue soon
  • BlackRock files for Ethereum ETF, seems like they must know something
  • Lending coming to ETFs
• Perspective on where we are in cycle
  • 2 year anniversary of last all-time high
  • Coming out of worst bear market in Bicoin history
  • Had you started DCA at the all-time high and continued through the bear market, you would be up 40%