4.8 • 786 Ratings
🗓️ 9 November 2024
⏱️ 16 minutes
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0:00.0 | Welcome back to The Breakdown with me, NLW. |
0:09.3 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
0:18.4 | What's going on, guys? It is Thursday, November 7th, and today we are continuing to get our post-election takes, what it all means for crypto. |
0:26.0 | Before we get into that, however, if you are enjoying the breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation. |
0:33.1 | Come join us on the Breakers Discord. You can find a link in the show notes or go to bit.ly slash breakdown pod. |
0:38.7 | Well, friends, we are continuing our sort of fallout coverage of the election. I think this was |
0:44.0 | pretty inevitable this week. I promise it won't last forever. But for now, it is where people's minds are |
0:48.7 | at. It is where the discussion is. And it is certainly where markets are. For many, Trump's election win |
0:53.9 | undeniably ushers in a new |
0:55.6 | chapter for the industry. Projects are already beginning to position themselves for the changes they see on |
1:00.6 | the horizon. Investment decisions are being made, and for the first time in several years, there's a belief |
1:05.3 | that the U.S. crypto industry will not only survive, but thrive. So the goal of this episode is to sift |
1:10.1 | through the takes from the |
1:10.9 | day after to figure out where people think the industry is heading next. And of course, we have to |
1:15.4 | start with the big and obvious dimension of this, which is price action. If you had to sum up how |
1:19.9 | people feel about things, in general, is that the election results remove the cap on the market, |
1:25.0 | and there is no telling how far it can run. |
1:29.2 | Plum Network CEO Chris Yin said, |
1:33.2 | Crypto supporters saw Trump victory is very bullish for crypto, which you can see via election night price movement on Bitcoin and Doge. |
1:35.6 | Now we're all looking forward to a golden bull run. |
1:38.6 | Investor Mike Alfred tweeted, |
1:40.2 | We're getting to the part of the cycle where you stop asking what if I'm wrong and instead |
... |
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