Bitcoin's Wild Start to 2021 with Cory Klippsten - WBD310
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 12 February 2021
⏱️ 67 minutes
🧾️ Download transcript
Summary
Location: Remotely Date: Friday 5th February Company: SwanBitcoin Role: Founder
We are just over a month into 2021, and it has already been a wild start of the year for Bitcoin and the broader financial markets.
The r/wallstreetbets subreddit took it to Wall Street by collectively buying up the heavily shorted GameStop (GME). The stock price went from around $20 in mid-January to over $450 in less than two weeks, wiping a staggering $4.5 billion off Melvin Capital's balance sheet.
In early February, corporate Bitcoin evangelist Michael Saylor held his 'Bitcoin for Corporations' event which around 7,000 companies attended. Just days after the conference, Tesla announced that they had bought $1.5bn of Bitcoin.
With any bull market, shitcoins also see an increase in activity. With the rise of Clubhouse, the salesmen are out in force. Yet, Bitcoiners are marshalling the rooms, educating newcomers on why Bitcoin is the only asset they should be considering.
In this interview, I talk to Cory Klippsten, the founder of SwanBitcoin. We discuss how shitcoiners are invading Clubhouse, r/wallstreetbets, corporations buying Bitcoin, and which nation-states will first disclose a Bitcoin position first.
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Robin Hood users realized what everybody in the venture and startup industry knew a long time ago, |
| 0:07.0 | which is that they're the product, and that the customer is Citadel and Knight. |
| 0:12.0 | Hello there from Bedford in the United Kingdom. |
| 0:15.0 | How are you all doing? |
| 0:17.0 | Have it all recovered from the unbelievable news of Tesla buying its Bitcoin? |
| 0:22.0 | Crazy stuff right. |
| 0:23.2 | Anyway, welcome to the What Bitcoin did podcast, |
| 0:25.7 | which is brought to you by the mighty Cracken. |
| 0:27.8 | Best place to buy, sell and trade Bitcoin. |
| 0:30.1 | I'm your host Peter McCormack, |
| 0:31.5 | and today I've got my friend Corey Clipsden from Swan |
| 0:34.3 | Bitcoin on to discuss the wild start to 2021 but before that I do have a message from |
| 0:40.3 | my amazing show sponsors. Okay firstly let's talk about Cracken my favorite |
| 0:44.8 | favorite place for buying a selling Bitcoin and the only place I use for buying |
| 0:48.4 | in Bitcoin. Why though? Why Pete? Well they are consistently rated the best and most secure. |
| 0:54.1 | Crypto Exchange and security is really important to me. |
| 0:57.6 | They also have the best in class in customer service. |
| 1:00.1 | So whatever issue you have, whoever you are, wherever you are, if you reach out to them, |
| 1:04.3 | they're going to get that fixed for you. And if you want to start trading Bitcoin, |
| 1:07.6 | they have every tool you could possibly need. So whatever your level of experience, |
| 1:11.9 | at crackin.com, it could not be easier to sign up and start trading Bitcoin. |
| 1:16.0 | They also have a beautiful mobile first app so you can trade Bitcoin on the go. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Peter McCormack, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Peter McCormack and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.