This is episode 259 of You, Me, and BTC – your liberty and Bitcoin podcast.
Earlier this week, Ethereum co-founder Vitalik Buterin said the days of mad crypto gains are behind us. Since most people now know that crypto exists, it's no longer physically possible for interest in Bitcoin to multiply as much as it has in the past. After all, the world population is finite.
This sounds reasonable. But as one might expect, crypto media (Twitter, in particular) tore Vitalik to shreds. No one wants to hear that their investments will never moon. So naturally, we should verbally abuse anyone who would suggest such things.
On today's show, we'll do our best to respectfully disagree with Vitalik. And in doing so, we'll turn the whole conversation upside down. Bitcoin's value may never skyrocket quite like it has before, but we'll consider the very real possibility that other (fiat) currencies will tank.
This will lead us to some related conversations about Bitcoin economics and recent crypto news. Caitlin Long is worried that sloppy Wall Street practices will find their way into crypto as ETFs and other derivatives emerge. And the Winklevoss twins finally got approval for a dollar-backed cryptocurrency that some are calling a stablecoin.
Tune in for all the fun tonight at 9PM Eastern and check the list below for some of the specific stuff we'll cover!
- Ethereum Founder Says Days of '1,000-Times' Gains in Crypto Are Over
- Vitalik Buterin Clarifies '1000x' Market Growth Comment, Mocks Backlash and Justin Sun
- Two Wall Street Terms Every Bitcoin Trader Needs To Learn Now
- New York regulator approves Winklevoss, Paxos dollar-linked tokens
Your hosts this week are Daniel Brown and Tim Baker. Don't forget to scroll down so you can share your thoughts in the comments!
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Are 1000x mad #crypto moon gains a thing of the past? Vitalik thinks so. We're live now! https://t.co/3q9dDidSjr
— You, Me, and BTC (@YouMeAndBTC) September 14, 2018