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

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The globe's biggest cryptocurrency deals with few existential risks, and also just tail end likelihood events would dramatically harm the cost, or "black swan" occasions, Robert Breedlove, owner as well as CEO of Parallax Digital told Michelle Makori, editor-in-chief of Kitco Information.

Follow Michelle Makori on Twitter: @MichelleMakori ()
Adhere To Kitco Information on Twitter: @KitcoNewsNOW ()
Adhere To Robert Breedlove on Twitter: @Breedlove22 ()

0:00 – Bitcoin's fundamental thesis
7:10 – Bitcoin vs fiat money
12:20 – History of central banks
16:50 – Monetary criteria & moral requirements
19:40 – Bitcoin as service to financial problems
27:40 – Regulations on Bitcoin
30:40 – Lost of confidence 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 rate level that would certainly fret Robert
59:55 – Bitcoin price target

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

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.

Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Robert Breedlove on Twitter: @Breedlove22 (https://twitter.com/Breedlove22)

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
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

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