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The Case for $500,000 Bitcoin

The Winklevoss brothers make an argument that, in the long run, bitcoin is the only good safe haven.

CoinDesk Insights
Aug 30, 2020 at 1:00 p.m. UTC
Updated Sep 14, 2021 at 9:49 a.m. UTC

The Winklevoss brothers make an argument that, in the long run, bitcoin is the only good safe haven. 

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.

This week’s episode of Long Reads Sunday is a reading of the latest essay from Tyler and Cameron Winklevoss.

The essay looks systematically at the problems of the slate of current store-of-value assets, including the U.S. dollar, oil and gold. 

The brothers argue why those assets have, or are starting to have, value in their safe haven function, while bitcoin is on the rise.

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.

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