Founder of crypto lending platform argues that bitcoin could hit $100,000 by mid

[Join]

Wow this is one of the worst s on economics i've ever seen. Almost everyone talking sounded like a complete idiot, and the  is filled with non-sequiturs. Terrible voiceover lines that make no sense as well. Does  now purposely produce actual garbage?

[abhor]

That's why Bitcoin value keeps rising because they're printing fiat money like crazy.

[poor]

Just trying to hide the fact that business is as not as good as people want to believe....

[fly]

The personal savings rate as a share of disposable income dropped to 4.4% in April, the lowest since September 2008, according to data from the Bureau of Economic Analysis released Friday.May 27, 2022..   Nuff said

[Ther]

Who made bitcoin? How many bitcoin does the owner have? If the maker off bitcoin sold all hes bitcoin what will that do to the crypto space?

[silk]

Inflation will stop if we stop creating money from thin air and raise interest rates.  Simple.

[onus]

$BTC the inflation hedge

[soan]

it can... if Biden stops printing money

[ftlb]

Run Do Kwon run, but there is no place you can hide even with your billions . Justice will find you wherever you go wherever you hide...! You don't deserve to live comfortably  , those ppl will chase  you even in your dream .... Biggest con artist in Korean history " Do Kwon" .

[huhy]

The  is a bit misleading...  1. They were looking at price change rather than volatility (ie. Variances in price change over time). Whenever there are more participants in a market exchange, prices will fluctuates.  It just means more capital shifted into the market.  2. Cryptocurrency, Tesla, GME and AMC, etc had something much more... it was a way for the little guys (ie. Retail investors) to give the middle finger to the institutional investors and big banks. And it worked. Lol. It was about democractic shift even worrying the Governments...  3. Every new asset class in the  are from emerging markets.  Tesla is leading the EV industry. Bitcoin is leading the Crypto industry. Low fee stock ownership are leading the way for retail investors...

[boos]

Inflation is caused by 3 things:  1)  increasing demand (the US has been constantly printing money, check) 2)  Supply shortages (US is in a trade war with China causing shortages, check) 3)  increasing business overhead costs (minimum wages, costs of material, and corporate taxes are increasing the costs of running a business, check)  As long as nothing is changed from the above then expect inflation to keep rising.

[updo]

Civil Contempt For Trump, But Trump Has Not Been Indicted

[shel]

Most likely a hedge fund trying to create a little fud so they can buy low and sell high but they crashed it so bad beyond repair

[dorn]

Some of those are correct, but the view on crypto isnt. Maybe the defi space (NFTs or Meta advancements) but crypto is the hedge against inflation. If anything it might be the funnel to get us out of this inflationary mess, and thats what a lot of people are buying it for.  Edit: *Most crypto is the hedge*

[jef]

Got to love Mr. Brooks' macro questions in his opening statement ~min 33 including: Do we trust big banks more or a open source model more?