Chapter
Understanding the value and market cap of Bitcoin
32:37 - 38:23 (05:46)
This podcast discusses how people who purchased Bitcoin at a very low rate are unlikely to buy it again at 20,000 dollars. It also delves into the asset classes that are exciting for fund managers and how the market cap of Bitcoin is measured.
Clips
Market cap of Bitcoin is calculated based on how many Bitcoins are outstanding and at what price they are being sold, with factors such as life-changing money from early investment affecting the market.
32:37 - 36:08 (03:31)
Summary
Market cap of Bitcoin is calculated based on how many Bitcoins are outstanding and at what price they are being sold, with factors such as life-changing money from early investment affecting the market.
ChapterUnderstanding the value and market cap of Bitcoin
Episode#131 - The Companies We Would Buy and Fix and A Multi-Million Dollar Rapper Snack Business
PodcastMy First Million
Financial institutions are adopting Bitcoin as a hedge in their portfolio, spiking the market as a large amount of cash is now able to enter Bitcoin.
36:08 - 37:42 (01:34)
Summary
Financial institutions are adopting Bitcoin as a hedge in their portfolio, spiking the market as a large amount of cash is now able to enter Bitcoin. This increases Bitcoin's competition with gold for asset investment.
ChapterUnderstanding the value and market cap of Bitcoin
Episode#131 - The Companies We Would Buy and Fix and A Multi-Million Dollar Rapper Snack Business
PodcastMy First Million
John McAfee, the founder of McAfee antivirus software, has promised to eat his own penis if he doesn't reach 1 million dollars by December 31st.
37:42 - 38:23 (00:40)
Summary
John McAfee, the founder of McAfee antivirus software, has promised to eat his own penis if he doesn't reach 1 million dollars by December 31st. He has also said that he will do it on national TV.