How sustainable is Bitcoin’s latest bull run? Is bad coronavirus news somehow good news for BTC price?
“Bad news is good news for Bitcoin, but bad news is bad news for everything,” said Sam Bankman-Fried, CEO of crypto derivatives exchange FTX. He was joined by BitBull Capital CEO Joe DiPasquale in CryptoX’s latest YouTube video, where they pick apart those topics and many others: the relationship between BTC price and Tesla’s stock price, Bitcoin’s potential advantages over the US dollar as a store of value, and is it a problem that just five entities control almost 50% of Bitcoin mining power?
There’s agreement and disagreement to be found here, and it’s completely useful to see these experts answer timely questions in a casual manner. Check out what happens when these two crypto pros come together to talk current events.
