BREAKDOWN: Billionaire Hedge Fund Manager Paul Tudor Jones – A Bet on Bitcoin Is a Bet on Human Ingenuity
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 24 October 2020
⏱️ 16 minutes
🧾️ Download transcript
Summary
A recap of an exceptionally bullish week for bitcoin and crypto as a whole.
This episode is sponsored by Crypto.com, Nexo.io and Elliptic.
On this week’s Breakdown weekly recap, NLW looks at:
- The initial price action that started the week
- Debates about whether BTC was thriving at the expense of alts and DeFi
- The PayPal news
- News of more public companies putting treasury reserves into BTC
- Paul Tudor Jones’ optimistic take on the human ingenuity driving bitcoin’s success
This week on The Breakdown:
Monday | A New ‘Bretton Woods’ Moment?
Tuesday | How Strong Is Bitcoin’s Push Above $12,000?
Wednesday | PayPal Adds Bitcoin: Most Bullish News of the Year?
Thursday | ‘Google Is One of the Most Important Antitrust Cases of All Time,’ With Matt Stoller
Friday | Why Fiats Are Failing in 2020
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Transcript
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| 0:49.6 | It's not that we're rooting for chaos and disaster. It's that the entire history of humanity shows that there's always some element of chaos and disaster lurking. |
| 1:00.8 | Bitcoin is a fundamentally long freedom technology that can help people who have the tools to use it |
| 1:07.8 | avoid some of the pain of those situations. |
| 1:14.5 | Welcome back to The Breakdown with me, NLW. |
| 1:18.7 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 1:24.8 | The breakdown is sponsored by Crypto.com, nexo.io, an elliptic, and produced and distributed by |
| 1:31.0 | CoinDesk. What's going on, guys? It is Saturday, October 24th, and that means it's time for the |
| 1:39.6 | weekly recap. And this has been a hell of a week, so let's do a true weekly recap, shall we? |
| 1:47.4 | We started the week with the first mini Bitcoin breakout in a while. We kick things off on |
| 1:53.8 | Monday around 11,400 per Bitcoin and quickly saw a nudge up to 11,800. |
| 2:06.7 | Tuesday all day we were rooting for another price move up to 12,000. |
| 2:09.9 | And interestingly, there were a couple discussions happening. |
... |
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