203 - Is this the year crypto crashes?

The David McWilliams Podcast

David McWilliams

News & Politics

4.6 • 643 Ratings

🗓️ 11 January 2022

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

I've no idea whether crypto and Bitcoin in particular will crash, double or stay where it is. No one does. In economic terms, cryptocurrency is definitely SOMETHING, but at this stage, it is patently not money. Join us as we explain how Bitcoin is clearly an asset, but its is definitely not money. Why a good way to look at money is to imagine it is like language and why money is a technology not a commodity. Could 2022 be the year to be cautious around the speculative asset that is crypto or time to double down despite recent declines?

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Transcript

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1:16.4	What in the world is happening on Wall Street?
1:17.9	Economic indicators.
1:19.6	Who knows where this is going to end up?
1:24.1	To understand the economy, you have to understand human nature.
1:29.6	This podcast is powered by ACAST.
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	...

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