May 8, 2020
The bitcoin halving is just a few days away and the growing excitement is palpable. On this episode of The Breakdown, NLW argues that the excitement is also legitimate, and looks at nine reasons why bitcoin has never been stronger going into one of its every-four-year issuance reductions:
- Price
- Hash rate
- Mining competition
- Accessibility and Services
- Infrastructure
- Institutional awareness and participation
- Narrative relevance
- Perceived and real resilience
- Lindy effects
Oh, and let’s not forget. Paul Tudor Jones just disclosed that he is invested in bitcoin and sees it as a hedge against ‘great monetary inflation’