Coronavirus Relief And Its Impact On The Crypto Markets

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Coronavirus Relief and Its Impact on the Crypto Markets - Ep.119

4y ago 29:22

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Kevin Kelly, macro strategist at Delphi Digital, discusses how the coronavirus's impact on the economy will affect Bitcoin and the crypto markets, including the ripple effects of the US fiscal stimulus package and historically high jobless claims. He explains how Bitcoin compares to traditional financial assets, what the recent Bitcoin price action says about the theory that Bitcoin serves as a macro hedge, and why it looks like newer buyers, rather than long-term holders, have been selling Bitcoin in recent weeks. We also look at the timing of the coronavirus on the upcoming Bitcoin halving, plus dive into a proposal by his colleague that Maker should hold some MKR in reserve rather than relying on token burns for system income.

Thank you to our sponsor!

Crypto.com: https://crypto.com

Episode links:

Kevin Kelly: https://twitter.com/Kevin_Kelly_II

Delphi Digital: https://www.delphidigital.io

Delphi's March 2020 Bitcoin Outlook: https://twitter.com/Delphi_Digital/status/1243955823904280578?s=20

Links from news recap:

https://unchainedpodcast.com/the-coronaviruss-impact-on-startups-mining-stablecoins/

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