Do rising inflation and rising levels of bitcoin ownership have anything to do with one another?

This episode is sponsored by Nexo.ioand Bitstamp.

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Today on the Brief:

  • SEC throws cold water on bitcoin ETF dreams
  • MoneyGram brings bitcoin for cash to 12,000 locations (for a hefty fee)
  • Palantir considering adding bitcoin to balance sheet

Our main discussion:

Inflation has seen its biggest growth month in a very long time. Is it just transitory or reducible to base effects or is something more going on? Meanwhile, a new survey suggests 46 million Americans now own bitcoin. Related?

See also: US CPI Report Shows April Inflation Faster Than Expected, Highest Since 2008

Image credit: TARIK KIZILKAYA/iStock/Getty Images Plus