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Bitcoin Surges as Institutions and Investors Lose Trust in the Dollar - Anthony Georgiades
In this interview with Ernest Hoffman of Kitco News, Anthony Georgiades, Cofounder of Pastel Network and General Partner at Innovating Capital, discusses the evolving role of Bitcoin as a risk-off asset in uncertain economic times. He also shares insights on the potential impact of GDP and inflation data on BTC, the benefits of de-dollarization for Bitcoin, and the challenges posed by regulatory paralysis in the United States for the development of the crypto industry. Stay tuned to this insightful discussion on the future of Bitcoin and the global financial landscape.
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Anthony Georgiades on Twitter: @panthonylg (https://twitter.com/panthonylg)
0:00 - Bitcoin’s April rally
3:44 - Risk-on and risk-off
5:33 - Bitcoin’s dual role
8:32 - Bitcoin in developed vs. developing economies
11:30 - Impact of low Q1 GDP
12:26 - Impact of higher core PCE
15:35 - U.S. crypto regulation
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