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Bitcoin at 50k - Is it Hype or Adoption?

Bitcoin at 50k - Is it Hype or Adoption?

By Keegan Francis | Go Full Crypto | 25 Jul 2021

If you have been following the news, you know that Bitcoin has had a massive bull run, going from 30k CAD to 50k in a span of 3 weeks.

In this episode, we discuss whether this is hype or adoption, the stock to flow ration of bitcoin, and a little on Peter Schiff.

01:31.1 - BTC hits 50K CA$ - Reacting to the historic week/month

03:34.9 - Why are we bemused by the price of 1 Bitcoin? Is this Hype, or Adoption?

06:14.2 - Companies converting cash reserves to BTC? Would they make that public or not?

09:39.0 - Talking about Stock-to-Flow Ratio with regards to Bitcoin

14:41.6 - Some Bitcoin Basics and Fundamentals16:36.5 - Bull runs and Keegan's take on 2017 vs now

20:40.3 - Adoptions fuels demand - fuels hype - further fuels adoption

26:53.0 - Talking Peter Schiff

32:22.7 - Where are you in your bitcoin journey?

34:44.8 - What reasons could Peter Schiff have to still not believe in Bitcoin?

36:35.9 - About Go Full Crypto

Edited and Mixed by Kaushik Sethunath.

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The thoughts and opinions expressed by Keegan Francis and Mrugakshee Palwe on the Go Full Crypto podcast, are solely their own. Please view the full disclaimer at Go Full Crypto Disclaimer.

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Keegan Francis
Keegan Francis

I am the owner of Atlantic Blockchain Company. We help onboard people into the world of cryptocurrency. We have a podcast called Go Full Crypto. The podcast tells the journey of how my wife and I are opting out of the traditional banking system.

Go Full Crypto
Go Full Crypto

Go Full Crypto means completely embracing the world of cryptocurrency. To go full crypto is to opt-out of the traditional financial system, and live completely in the world of cryptocurrency. Go Full Crypto is a podcast, blog, and business that offers cryptocurrency onboarding services.

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