While the stock market is on a crazy roller coaster ride, Bitcoin has recovered 100% from it’s $3700 low of the year. Does that mean that the beloved Grandfather of cryptocurrencies has decoupled from stocks? CZ says quantitative easing will drive the price even higher.
Even though many are sheltered-in-place, demand for Bitcoin ATMs is increasing. Even crude oil prices crashing to the bottom haven’t affected the price of Bitcoin. And China is rolling out the world’s first state digital currency with testing to be done by major US companies. What in the world is going on?
Among other things, this is the week of blockchain’s biggest virtual event, Virtual Blockchain Week. We’re excited to fill you in on all the things that are happening and some of the things that will soon be happening.
Wherever you may be hunkered and bunkered, get ready for our Bad News episode #399 of The Bad Crypto Podcast.
Full Show Notes at: http://badco.in/399
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DISCLAIMER:Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us.
We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations.
Show Edited By: Aaron The Tech (http://aaronthe.tech)
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