Bitcoin’s ‘black swan’ event that would wipe the crypto out – Robert Breedlove



Published
The world’s largest cryptocurrency faces few existential threats, and only tail end probability events would significantly damage the price, or "black swan" events, Robert Breedlove, founder and CEO of Parallax Digital told Michelle Makori, editor-in-chief of Kitco News.

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0:00 - Bitcoin's fundamental thesis
7:10 - Bitcoin vs fiat currency
12:20 - History of central banks
16:50 - Monetary standards & moral standards
19:40 - Bitcoin as solution to monetary problems
27:40 - Regulations on Bitcoin
30:40 - Lost of faith in Bitcoin
33:45 - Bitcoin's "Black Swan"
41:00 - Central bank buying Bitcoin
42:30 - Bitcoin as legal tender
50:47 - Fed buying Bitcoin
54:44 - Bitcoin as unit of account
57:00 - The BTC price level that would worry Robert
59:55 - Bitcoin price target

#Bitcoin #CBDC #crypto
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Category
Cryptocurrencies
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