Bitcoin
$42,857.29-5.88%
Ethereum
$3,007.52-5.62%
XRP
$0.945419-4.86%
Cardano
$2.13-1.51%
Polkadot
$29.39-7.61%
Stellar
$0.283002-5.33%
Dogecoin
$0.210634-5.33%
Chainlink
$23.60-8.93%
Uniswap
$21.27-6.09%
Polygon
$1.16-7.42%
Litecoin
$160.66-3.68%
Bitcoin Cash
$542.35-7.21%
Cosmos
$35.73-12.15%
Algorand
$1.71-8.10%
Wrapped Bitcoin
$42,953.69-6.01%
Filecoin
$75.06-6.04%
The Graph
$0.708792-8.48%
Tron
$0.092900-3.78%
Ethereum Classic
$49.59-6.24%
Aave
$296.42-8.58%
Tezos
$5.24-10.61%
Monero
$231.51-8.60%
NEO
$41.59-8.11%
EOS
$4.22-8.98%
IOTA
$1.32-8.73%
BitTorrent
$0.003387-6.37%
Bitcoin SV
$137.91-8.36%
Waves
$24.68-3.73%
Maker
$2,455.63-7.11%
Dash
$172.11-5.25%
Decred
$120.49-9.61%
ICON
$1.67+0.22%
OmiseGO
$10.79+19.87%
Decentraland
$0.684770-9.73%
NEM
$0.155439-8.30%
Zcash
$118.78-6.59%
NuCypher
$0.287006-7.60%
Qtum
$10.44-8.30%
Yearn Finance
$29,515.91-6.52%
Paxos Standard
$1.01+0.90%
Bitcoin Gold
$55.93-8.26%
Basic Attention Token
$0.660400-6.39%
0x
$0.917806-7.58%
Bancor
$3.56-6.64%
Fetch.ai
$0.695766-2.34%
Ren
$0.798331-5.91%
Band Protocol
$7.66-8.40%
Siacoin
$0.015605-7.54%
Kava.io
$5.16-7.75%
Nano
$4.86-5.77%
Loopring
$0.407022-5.21%
Storj
$1.16-7.01%
Lisk
$3.06-10.66%
Numeraire
$39.79-8.48%
Civic
$0.424047-8.17%
Orchid
$0.335724-6.57%
PAX Gold
$1,776.73+1.23%
Augur
$21.90-8.27%
Aragon
$5.01-10.97%
Enzyme
$103.85-6.60%
district0x
$0.153796-6.52%
Kyber Network
$1.51-7.62%
SingularDTV
$0.001390-0.36%
Tether
$1.00-0.03%
USD Coin
$1.00+0.00%
Dai
$1.00-0.01%

Preston Pysh on Why We’ve Entered a Fundamentally New Era of Bitcoin Accumulation

The prominent podcaster and bitcoin advocate joins The Breakdown to explain why we’re seeing a phase shift in the corporate and institutional relationship with BTC.

Aug 13, 2020 at 7:00 p.m. UTC
Updated Sep 14, 2021 at 9:43 a.m. UTC

The prominent podcaster and bitcoin advocate joins The Breakdown to explain why we’re seeing a phase shift in the corporate and institutional relationship with BTC.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Crypto.comBitstamp and Nexo.io.

The Investor’s Podcast Network cofounder Preston Pysh last recorded with The Breakdown on Black Thursday in March. As NLW and Pysh discussed the potential of future currency crises, bitcoin smashed all the way below $4,000. 

In the five months since, bitcoin has risen 200%. It has attracted the devotion of leading hedge funders such as Paul Tudor Jones II and more recently has become the reserve asset of choice of at least one publicly listed company. 

Preston and NLW discuss:

  • The significance of halving coinciding with central bank printing
  • The inevitability of negative interest rates
  • Why it’s the dollar, not the stock market, that is inversely correlated with the price of bitcoin
  • Why Preston believes in the stock-to-flow model
  • Who pays the price for inevitable currency debasement
  • Why we’re dramatically underestimating the precedent set by MicroStrategy’s $250,000,000 cash-for-bitcoin reserve switch
  • Why MicroStrategy will be worth 10 times what it is today a year from now

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Loading...