1138: HERE’S WHAT’S NEXT FOR BITCOIN AND ETHEREUM IN 2023 AND 2024, ACCORDING TO MACRO GURU!!

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3.6 • 626 Ratings

🗓️ 20 December 2022

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

Real Vision CEO Raoul Pal says he's expecting 2023 to be a decently good year and 2024 to be an extremely good year for Bitcoin (BTC) and Ethereum (ETH), the top two crypto assets by market cap. "So here we are on the long-term adoption cycle where Metcalfe’s Law kicks in, and this is the thing that drives the exponential gains. Every time we get to this situation, we get new highs within about 18 months, maximum two years… So I’m expecting 2023 to be a decently good year and 2024 to be an extremely good year.” Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:30.2	Here we are. A couple of pints. Great. Neco, yeah? As requested. So, what did you get up to
0:36.2	this weekend? Well, funny story, actually. I befriended this panda, discovered he had a beautiful singing
0:41.5	voice, taught him out to harmonise. We got a record deal, went on tour, went platinum in Basingstoke,
0:46.3	then broke up due to creative differences. Right. So that's where there's a panda giving you
0:50.7	the finger from across the street then. That's right, brother. Stick your neck out.
0:54.8	Beavertown, never normal.
0:56.5	Visit drinkaware.com.com.
0:57.6	UK. Enjoy Beavertown beer responsibly.
1:00.2	In today's show, Bitcoin ditches the $16,000 dip as the Bank of Japan flattens the dollar.
1:06.4	That's right, Bitcoin price action sees short-term relief as the U.S. dollar currency index falls, but Bitcoin
1:12.0	analysts warn that Japan's move means carnage for the global markets. Now check it, Edward Snowden responded
1:18.8	to Elon Musk regarding Elon stepping down as the head of Twitter, and Edward said,
1:23.7	I take payments in Bitcoin. Let's freaking go. Also in today's show, Crypto Giant Grayscale
1:29.3	considers selling a portion of their $10.7 billion Bitcoin Trust if their ETF plans fail.
1:36.7	That's right. According to the Wall Street Journal report, Grayscale may explore alternative
1:40.7	pathways to returning some of the gray scale Bitcoin trust capital back
1:44.3	to shareholders should the company's plans for a Bitcoin back ETF fall through.
1:49.1	Now check it, quoting the gray scale CEO.
1:51.3	Bitcoin is for people around the world who are being directly harmed by the way
1:55.1	that governments control their money.
	...

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