
The podcast explores why Bitcoin's price is down despite the rise in precious metals like gold, silver, copper, and platinum. It suggests that Bitcoin's decline is due to Wall Street adoption, which has introduced shorting and options trading, tempering its volatility. Additionally, a perceived increase in global stability reduces Bitcoin's appeal as a chaos hedge, while low inflation diminishes its role as an inflation hedge. The rise of artificial intelligence as a "shiny new tool" is also diverting investment and attention away from Bitcoin. The host argues that Bitcoin's long-term narrative remains intact and advises patience, drawing parallels to gold's decade-long wait for appreciation.
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