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46M Americans Now Own Bitcoin as Inflation Rises to Highest Level in 13 Years
Do rising inflation and rising levels of bitcoin ownership have anything to do with one another?
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ABOUT
Do rising inflation and rising levels of bitcoin ownership have anything to do with one another?
This episode is sponsored by Nexo.ioand Bitstamp.
Today on the Brief:
- SEC throws cold water on bitcoin ETF dreams
- MoneyGram brings bitcoin for cash to 12,000 locations (for a hefty fee)
- Palantir considering adding bitcoin to balance sheet
Our main discussion:
Inflation has seen its biggest growth month in a very long time. Is it just transitory or reducible to base effects or is something more going on? Meanwhile, a new survey suggests 46 million Americans now own bitcoin. Related?
See also: US CPI Report Shows April Inflation Faster Than Expected, Highest Since 2008
Image credit: TARIK KIZILKAYA/iStock/Getty Images Plus
HOST
Nathaniel Whittemore
NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.
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