Episode Details

Steady Lads #54 • Is The Government Dumping On Us? w/ Qiao Wang
8/2/2024
Steady Lads

Key Insights

Bullish:

  • 🟢 $BTC - Multiple speakers discuss the potential of Bitcoin due to macroeconomic factors, geopolitical tensions, and its strategic importance.
    • It feels to me like we're getting into a one like a macro swing. The the the Fed is about to cut rates again. That's generally like good for gold. Bitcoin is gold.” - Jordi (0:00)
    • Apart from, like, the rate cuts, we're also looking at geopolitical tensions. There's a lot of, you know, Iran talk and going to war and that will create factions. Bitcoin is shown historically to be a strong geopolitical asset.” - Jordi (0:00)
    • Trump talks about Bitcoin. You didn't hear him mention Ethereum once. Right? Like, if there's gonna be a strategic reserve, it will be Bitcoin.” - Justin (0:00)
    • I think in a world where you're not seeing new and innovative apps, you want to have a bias towards Bitcoin versus sort of these on chain products.” - Justin (0:00)
    • The one hope of course has been the ETF... Apparently, EFE is going out a lot faster... we hit 35100, and, obviously, we're getting close to that 20%, not not too far out.” - Jordi (0:00)
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