This episode is sponsored by NYDIG.
Last year, Paul Tudor Jones wrote a paper called “The Great Monetary Inflation” that would end up creating narrative motivation for many traditional retail and institutional investors to allocate to bitcoin as an inflationary hedge. On today’s episode, NLW seems to be at the rising dialogue of inflation in the media and in mainstream American society. He discusses why the inflation dialog, much more than the ProShares bitcoin futures ETF, could be driving bitcoin’s present rise. He additionally shares Paul Tudor Jones’ newest feedback from “Squawk Box” on CNBC relating to the inflation subject.
See additionally: Bitcoin’s Inflation Narrative More Compelling Than ETF Fever, JPM Says
“The Breakdown” is written, produced by and options NLW, with modifying by Rob Mitchell and further manufacturing assist by Eleanor Pahl. Adam B. Levine is our government producer and our theme music is “Countdown” by Neon Beach. The music you heard right now behind our sponsor is “Only in Time” by Abloom. Image credit score: Michael Nagle/Bloomberg/Getty Images, modified by CoinDesk.