(Bonus) Year-End Checkin On Crypto With Brady Dale of @coindesk
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 14 December 2019
⏱️ 30 minutes
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| 0:00.0 | Welcome to another weekend bonus episode of the Tech Mem Right Home. I'm Brian McCullough. |
| 0:08.0 | So for the final weekend bonus episode of 2019, I wanted to check in with crypto. What a year |
| 0:17.1 | for the crypto space. Seemingly dead at the beginning of the year but then the |
| 0:22.4 | crypto spring happened and then Libra happened and so |
| 0:27.2 | where are we now? No one better than coin desks Brady Dale to catch us up. |
| 0:34.0 | So I know this is the most annoying question |
| 0:37.7 | to get asked as a reporter on your beat, |
| 0:40.4 | but let's start off with Bitcoin and the price of Bitcoin and I because I think the last time I spoke to you was right when the so-called |
| 0:49.8 | crypto spring was happening and Bitcoin was back above 10,000. So in the intervening months, what has happened? I see we're back under 10,000 and have been for a while. |
| 1:00.0 | Yeah, I'm kind of falling like around 7,000. |
| 1:03.6 | You know, no one ever really knows like why the price is what the price is, but like, |
| 1:09.0 | I can tell you that like as spring was coming, you know, I had people telling me to a who argued that like every |
| 1:16.7 | time they point starts to like really do a rally it like does an enormous rally and |
| 1:21.2 | look for a giant number by the end of the year and that really doesn't seem like it's going to happen. |
| 1:25.9 | I think, you know, this is just my explanation just based on some stuff people have said to me around the space. |
| 1:32.8 | But I think folks continue to be disappointed |
| 1:35.9 | by the fact that big players still aren't moving into this space. |
| 1:41.1 | And so, you know, that's what I going to go to for my explanation but you know a |
| 1:45.2 | million things are happening another you know another important another useful thing |
| 1:48.4 | though and we don't really know why exactly but one of our reporters is a story recently that was about how the |
| 1:57.9 | correlation between the stock market and Bitcoin is really starting to break down so it used to be that as stocks would fall, |
| 2:06.1 | people would retreat to Bitcoin |
... |
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