Bitcoin Podcast
As the SEC is due to announce the approval, delay, or rejection of the new Bitcoin ETF (futures, not Bitcoin itself) approvals we thought it best to put all the questions being asked into a podcast.
ETFs being decided upon
Most of our mutuals and subscribers are literate in what it means for Bitcoin itself. It is bullish. Opening a gate to allow investors access is like the rush to a ticket booth when the world series is announced. And for Bitcoin it is further acknowledgment that it will not be denied its place next to legacy assets, if not above many of them soon.
Here are the 2 minute clips most responsive to questions asked.
Full Podcast here
Gold had its own massive rally post its first ETF listing.
Bitcoin News
From time to time when there are news items that help paint the bigger picture in Cryptocurrencies, we like to list those stories currently being discussed and give a quick comment on what we feel the truly big picture implications are. In this way, you may be better informed to make your own decisions in this asset space.
Bitcoin (BTC USD) News: Morgan Stanley CEO James Gorman Says Crypto Is No Fad - Bloomberg
Morgan Stanley Chief Executive Officer James Gorman is staying respectful of cryptocurrencies. “I don’t think crypto is a fad. I don’t think it’s going to go away,” he said on the bank’s third-quarter earnings call with analysts Thursday morning. “I don’t know what the value of Bitcoin should or shouldn’t be. But these things aren’t going away, and the blockchain technology supporting it is obviously very real and powerful.” Morgan Stanley CEO James Gorman Says Crypto Is No Fad
VBL Comment:
Nothing we already didn’t know, but important as now other banks will start marketing it to clients
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Educational Thread by Eric, Bloomberg’s ETF respected maven
VBL Comment:
Real analysis and insight. We follow Eric.
Who Is World's Largest Bitcoin ($BTC USD) Cryptocurrency Miner? US Tops China - Bloomberg
The U.S. has become the world’s epicenter for Bitcoin mining after a crackdown in China effectively eliminated the practice in the former cradle of the industry. Who Is World's Largest Bitcoin Cryptocurrency Miner? US Tops China
VBL Comment
We discussed this in May of this year in the week Elon started the whole cascade lower in a special live Q&A from the local pub. This was known to us and part of the plan to protect the USD from a weaponized product.
Putin Praises Crypto As Possible 'Weaponized' Dollar Replacement | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero Putin Praises Crypto As Possible 'Weaponized' Dollar Replacement
VBL Comment
Russia isnt China, and they know the EU is buying BTC. And Russia already does Blockchain oil deals noone is talking about.. and it hurts the USD.
Largest Bitcoin Mining Pool Blocks Internet Access From Mainland China
Keeping pace with China’s efforts to ban crypto-linked activities, Antpool is blocking users with mainland China IP addresses. Largest Bitcoin Mining Pool Blocks Internet Access From Mainland China
VBL Comment
Not sure the reason, but the effect is this makes it harder for the Chinese plebs and to a lesser extent shits put China proper to play. Notabel as part of theglobal battle lines being drawn both internationally and within nation state borders
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