Bitcoin v the Banking Rails with Willy Woo

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https://www.whatbitcoindid.com/podcast/bitcoin-v-the-banking-rails-with-willy-woo

In this interview, I talk to an on-chain analyst and the co-founder of Hypersheet, Willy Woo. We discuss payment rails, making Bitcoin content, the recent price run and the evolving bitcoin cycle.

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TIMESTAMPS:
00:00:00 Introduction
00:03:51 Wider Bitcoin content
00:12:24 Banking problems
00:27:29 Global Money
00:33:51 Diversifying Risk
00:46:56 Degens vs Rick Astley
00:57:21 Breaking the cycle

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****

“This cycle is not a 2013 double pump and a blow off top, this is completely different. This is the new 2020 onwards cycle which we’ve never seen before.”
— Willy Woo

Location: Remotely
Date: Thursday 26th August
Company: Hypersheet
Role: Co-Founder

Bitcoin’s price had been trending lower for most of the summer, but after bottoming out just below $30k, it went on a run-up to $50k.

Despite the market moves, there have been plenty of other signals that indicate bitcoin might break its four-year cycle.

On-chain metrics indicate that this recent upward trend might be a warm-up for what’s to come. Long-term holders are accumulating, rumours of a Bitcoin ETF coming to the US are swirling, and it could all converge on a massive supply shock.

In this interview, I talk to on-chain analyst and the co-founder of Hypersheet, Willy Woo. We discuss traditional payment rails, making Bitcoin content, the recent price run and the evolving bitcoin cycle.