BREAKDOWN: Here Comes the Most Bizarre Bull Market Yet
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 15 August 2020
⏱️ 17 minutes
🧾️ Download transcript
Summary
Social unrest on the one hand, “Degen Finance” on the other. Strap in for a very weird bull run.
This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
On this edition of The Breakdown’s Weekly Recap, NLW looks at the strange melange of realities interacting in the new emerging bull market.
On the one hand, bitcoin has found narrative relevance and technical importance in a world of social unrest and increased state involvement in economies and citizens’ lives.
On the other, insane financial engineering experiments are seeing three-quarters of a billion dollars in value locked up within hours before a bug sees it all go away.
In the middle, agents of chaos like new bitcoiner (and LINK-holder) Dave Portnoy.
This is going to get weirder before it gets more normal.
This week on The Breakdown:
Monday | The Latest on the Global Economy’s Most Contentious Relationship
Tuesday | Joe Rogan for Fed Chair! Feat. Hugh Hendry
Wednesday | #SupplyGate and the Battle to Frame Crypto’s Next Bull Run
Thursday | Preston Pysh on Why We’ve Entered a Fundamentally New Era of Bitcoin Accumulation
Friday | Fortnite vs. Apple and Google Is the Internet’s First ‘World War’
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Transcript
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| 0:45.6 | That's audible.com slash Wondery UK. |
| 0:53.8 | Welcome back to The Breakdown with me, NLW. |
| 0:58.7 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 1:04.9 | The breakdown is sponsored by crypto.com, BitStamp, and nexo.io, and produced and distributed by CoinDes. |
| 1:14.2 | What's going on, guys? It is Saturday, August 15th, and that means this is the breakdowns |
| 1:20.0 | weekly recap. Before we get into that, though, I just want to say a big, huge thank you to everyone |
| 1:25.8 | who has taken the time to rate and review the show |
| 1:28.3 | over the last few weeks, as I've been asking for it more. It's making a huge difference in |
| 1:33.6 | terms of people discovering this thing. And so thank you, thank you, thank you. And if you haven't |
| 1:37.7 | yet, but you enjoy the show, please go take just a second to go rate and review this on iTunes |
| 1:42.8 | or Apple Podcasts or whatever they call it, |
| 1:44.9 | it makes a big difference. With that, let's talk about what is shaping up to be just one of |
| 1:50.3 | the absolute most bizarre bull markets we've ever seen. I talked last weekend on the weekly recap |
... |
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