Bitcoin Is Replacing Gold, Featuring Mike McGlone of Bloomberg Intelligence

The last time Mike McGlone appeared on The Wolf Of All Streets Podcast, Bitcoin was sub $10k. But even at these low prices, Mike’s sentiment was infectiously optimistic. With current prices sitting almost 6x that level, Mike continues to envision a future where Bitcoin is a global reserve asset, ultimately surpassing $100,000. Although this will likely require an ETF approval, the roadmap is already drawn out and investors are slowly beginning to realize the incredible value opportunity this presents.

Follow Mike McGlone: ​@mikemcglone11

This episode explores:

Learning from the trading pits

Tesla selling Bitcoin

Counter trading your sentiment

Running a Bitcoin node

Learning to take profit

Volatility as opportunity

The ubiquity of Doge

Leaving gold for Bitcoin

Feeding the market Gods

Deflationary technology

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Mina

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The team behind Mina is backed by VCs, including Coinbase Ventures, and Mina's adversarial testnet was the largest public testnet outside of ETH 2.0. To get involved ahead of Mina’s mainnet, visit https://thewolfofallstreets.link/mina

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Matcha

Matcha is the easiest way to trade in DeFi. Matcha enables traders to seamlessly swap tokens using 20+ aggregated liquidity sources that deliver better prices than going to a centralized exchange or Uniswap.

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If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe. This podcast is presented by Blockworks. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworks.co

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