Episode Details
Title | The Last Bitcoin Cycle That Matters | Charles Edwards |
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Date | 9/26/2024 |
Podcast | On The Margin β |
Key Insights
Bullish:
- π’ $BTC - Charles is highly bullish on Bitcoin's long-term prospects, citing increasing institutional and governmental interest, potential adoption by central banks as a reserve asset, and drawing parallels to the market conditions just before a significant rally in 2020.
- βI think we're going quite a bit higher, but I think that as time goes by, especially another 4 years where we already have US presidents talking about it, you can imagine that probably several countries and reserve banks around the world will be if not actively buying very strongly considering.β - Charles (16:04)
- βEnd game is a tough one. It depends on the time horizon, I suppose, but, you know, longer term, call it a decade or maybe 5 maybe less, but, you know, in that region, I think the way that central banks hold gold today, they will at least be holding some Bitcoin.β - Charles (32:03)
- βI think we're at effectively the same point. Yeah.β - Charles (34:00)
- π’ $BTCETF - π