WBD314 – Sovereign Bonds & Bitcoin with Lyn Alden

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Bitcoin is not slowing down right after its massive start off to 2021, and February has been a different exceptionally bullish thirty day period for bitcoin.

Initial, following Tesla’s announcement that they acquired $1.5bn of bitcoin for their corporate treasury, the cost surged above $50,000 for the initial time.

A couple days afterwards, with the bitcoin price tag at $53,763, the marketplace capitalisation of bitcoin broke $1 trillion.

Although bitcoin has given that dropped back again beneath the $1 trillion industry cap, some analysts have advised that if bitcoin can keep previously mentioned that stage, this de-hazards bitcoin as an investment. With this, some institutional traders may get started to see bitcoin as a far more feasible choice.

In this interview, I speak to Lyn Alden, a macroeconomist and investment strategist. We discuss Tesla getting bitcoin, MicroStrategy’s billion-greenback increase, hitting a $1 trillion marketplace cap and the sovereign bond current market.

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