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The Peter McCormack Show

Bitcoin 2019 Review with Matt Odell - WBD181

The Peter McCormack Show

Peter McCormack

Power, Politics, Government, Markets, News, Society & Culture, Technology, Society, Inflation, Finance, Bitcoin, Economics, Money

4.72.8K Ratings

🗓️ 31 December 2019

⏱️ 163 minutes

🧾️ Download transcript

Summary

Location: New York Date: Monday, 23rd December Project: Tales from the Crypt & Rabbit Hole Recap Role: Co-host

The Bitcoin space moves fast, and 2019 has been no different. Starting the year at the bottom of a harsh bear market after hitting a low of $3,100, Bitcoin began 2019 trading close to $3600. While the price spiked at around $14,000, it has settled in the $7-8k range, representing an approximate 100% rise in price. Also, despite the volatility, the hashrate has reached an all-time high.

Bitcoin has been featured widely in the media, and everyone from NFL player Russell Okung to Donald Trump and even President Xi have spoken about it. The Lightning Network has grown from strength to strength with Bitfinex now accepting Lightning deposits and the Tor Project accepting Lightning donations.

The SEC is still yet to approve a Bitcoin ETF with Bitwise' proposal the latest to be rejected. Jack Dorsey launched Square Crypto, and Facebook made plans to launch a 'cryptocurrency' called Libra.

With exchanges, Cryptopia was hacked and subsequently shut down, and QuadrigaCX suffered the same fate following the suspicious and shock death of its CEO Gerald Cotten.

So 2019 has been a busy year in Bitcoin and my final interview of the year is with Matt Odell, co-host of the Tales from the Crypt and Rabbit Hole Recap. We take a look back at 2019, discussing Bitcoin only businesses, the most important projects and our predictions for 2020.


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Transcript

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0:00.0

Welcome to the What Bit Bitcoin Did Podcast.

0:05.0

Hello there from Woburn, England, how are you all?

0:09.0

Welcome to the final What Bitcoin did podcast of the year. I'm on a final break. final what an

0:15.0

Bitcoin did, podcast of the year. I'm on a final break, I'm having a few days off with my kids

0:16.3

before we get into 2020, but what an incredible year. I did the calculations

0:21.5

the other day, I think it's 92 flights. I've been to 18 countries,

0:25.0

nearly 2.5 million downloads of the podcast, so many amazing interviews with so many smart people,

0:30.0

so many weird situations. You know, when I ended up in Taiwan in a hotel room

0:35.3

interviewing the most senior defector from North Korea with security guards

0:39.8

outside or when I found myself in the capital of El Salvador, just so many weird things,

0:45.2

so many interesting experiences.

0:47.4

It's been an amazing year.

0:48.4

God, I'm grateful to so many people.

0:49.8

Let me do some thanks first.

0:51.0

Sorry, I know you just want to get on to the show but let me

0:53.1

say thanks to a few people. Firstly to my sponsors I could not do this without

0:57.3

you thank you for an amazing year Jesse and Cracken, Zach and Flori

1:01.1

and Carl and Laraaro at Drop Bit

1:03.7

they're my long-term main sponsors but all my sponsors thank you so much

1:07.0

everyone who sponsored the show this year to all my guests who have given me their

1:10.0

time everyone who's listened reviewed shared, shared, or sent feedback, and even the trolls.

1:14.9

I love you too.

...

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