IA News: Bitcoin, Visa, Ethereum, Ark & Bloomberg, Walmart, Argentina + more
#Bitcoin #Visa #Ethereum #ArkInvest #Visa #Bloomberg #Argentina #LatinAmerica #WalMart #PricePredictions
Today's IA NEWS FLASH
Today's news we talk about how we can get to $400K per bitcoin, inflation, Visa, Ethereum, Crypto Going Mainstream, Inflation, and so much more.
The opinions expressed in the video are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product. It is only intended to provide education about the financial industry.
0:00 Introduction
0:30 Future is Bright - Cathie Wood Thinks So A $55K bitcoin is nothing Takeaway:, 500K is her earlier projection from 2020, Institutional Investments, Portfolio mgt - 20% in bonds and 20% in bitcoin
1:40 Mike McGlone Bloomberg McGlone said 100K in March 2021 back in Feb Risk-off asset Grayscale discount Beats PlanB $288,000 How time changes everything! Still early! Can we get to $400K per Mike McGlone?
2:40 Path to $400K If we assume a half ie 39 to 18 to 9 - that gives us a BTC price of 180k If we assume 18X takes us to $360K
5:50 Visa BTC news Speaking of Bloomberg Using a stablecoin USDC (runs on ETH) Luring in fintech and new banks Old world meets new world Using ETH rails Bitcoin and ETH are here to stay
7:00 What’s in your wallet? What’s a Wallet?! Visa forced to move fast Square Cash App ApplePay SamsungPay PayPal Venmo
7:30 The New Balance Sheet Keep your assets in crypto Keep your liabilities in FIAT The New Balance Sheet - How to Get Rich
9:45 Argentina Bites the Dust Inflation is a killer 2019 54%, 2020 36.1%, 48% in 2021 Debt cannot be repaid
10:48 Back to Latin America ETH works 25% of all Latin American credit card users want crypto not only for saving but also spending
11:44 Walmart and Bitcoin People want to spend crypto People want to get paid in bitcoin If Walmart buys - #hyperbitcoinization “in retrospect it was inevitable” #EM
13:00 Bitcoin price typically follows the hash rate Bullish Bitcoin Hash Rate at ATH
14:00 Bitcoin 6x in 6 months!
15:00 More Green News - How Crypto is Changing the World Fracking causes 1% of Green House gases Now frackers are using excess gas to mine BTC Green solution
16:00 Scammer News - Bitcoin Blockchain Is The Way To Go
17:00 Conclusions