According to Kraken growth lead Dan Held, if Bitcoin reaches $1 million or more, it could pose a threat to the global financial system and trigger a “crypto mass extinction event.”
0:00 Intro
0:53 What is Bitcoin's supercycle and how does it affect the price?
3:52 How can Bitcoin realise both its store of value and means of exchange function?
6:22 Why is there no space for other crypto narratives other than Bitcoin's?
8:42 Could Bitcoin's success lead to a dystopian society?
13:21 Why would Bitcoin be the only survivor in an hypothetic government attack on crypto?
17:08 Outro
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#Cointelegraph #Bitcoin #CryptoMarkets
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Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.
0:00 Intro
0:53 What is Bitcoin's supercycle and how does it affect the price?
3:52 How can Bitcoin realise both its store of value and means of exchange function?
6:22 Why is there no space for other crypto narratives other than Bitcoin's?
8:42 Could Bitcoin's success lead to a dystopian society?
13:21 Why would Bitcoin be the only survivor in an hypothetic government attack on crypto?
17:08 Outro
Subscribe to Cointelegraph Markets Pro: https://pro.cointelegraph.com
#Cointelegraph #Bitcoin #CryptoMarkets
Subscribe to Cointelegraph: https://goo.gl/JhmfdU
Follow COINTELEGRAPH:
Website: https://cointelegraph.com/
Telegram: https://t.me/cointelegraph
Facebook: https://www.facebook.com/cointelegraph
Twitter: https://twitter.com/cointelegraph
Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.
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