All Things Crypto

ATC quote · Dec 4, 2024 · 0:24:40

“Lindy, let me ask you... So let me ask you guys this question. Cool. And everybody up here. Like, can't they both exist? Like, I feel like when we say direct competitor, right, like, gold is…”

Dave @DCBK2LA

From All Things Crypto: $BTC GOD Candle to $100k $ME Diamonds, Dec 4, 2024 · Episode page

Share card
Post on XSave imageListen on X

In context

0:20:51 Landy @CryptoLandy: Okay. So a few different things here. One, Powell's speech didn't make its way around, and did not pump the market. The market actually hit a key level that we saw market makers buying at prior to him actually getting out there. Did it help exacerbate the move to the upside when it was around 97,000 to go and hit into the 98, 99,000? Yes. But I wanna be very clear. This is something that we've talked about here…

0:24:40 Dave @DCBK2LA: Lindy, let me ask you... So let me ask you guys this question. Cool. And everybody up here. Like, can't they both exist? Like, I feel like when we say direct competitor, right, like, gold is genuinely used, right, like, in products. Right? Like, it is in demand because of its actual real value. Right? Like, we use gold. Like, it is a premium precious metal for a reason. For the vanity reasons, right, for jewelry…

0:25:46 Voice C: Yeah. This whole thing about comparing because I get, the previous speaker's point that it's easy to explain, but why can't we just embrace that it's a new digital asset? And we really don't know. I mean, if you read the, you know, white paper, the Bitcoin standard, I I think it was a way to go around everything that is centralized. Right? So I don't think it was... But I I feel like it's almost like, you know…

Show discussion only, not financial advice. Transcripts are auto-generated.