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 --- Voyager This episode is brought to you by Voyager, your new favorite crypto broker. Trade crypto fast and commission-free the easy way. Earn up to 9.5% interest on top coins with no lockups and no limits. Go to https://thewolfofallstreets.link/voyager and download the Voyager app and use code “SCOTT25” to get $25 in free Bitcoin when you create your account. --- Mina Mina is the world's lightest blockchain, powered by participants. Rather than apply brute computing force, Mina uses advanced cryptography and recursive zk-SNARKs to ensure a super-light and constant sized chain, that allows participants to quickly sync and verify the network. 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 --- 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. Connect your wallet and start today at https://thewolfofallstreets.link/matcha --- 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 ーーー Join the Wolf Den newsletter: ►►https://www.getrevue.co/profile/TheWolfDen/members Learn more about your ad choices. Visit megaphone.fm/adchoices