The Block Runner

106. TBR - Will Government Rain on the Crypto Bull Parade!? PREPARE EXIT STRATEGY NOW!

February 12, 2021

Since the announcement from Tesla on purchasing $1.5 billion worth of Bitcoin, Iman and William have been discussing the potential snowball effect. What could the United States government do if a large portion of business start allocating a percentage of their reserves for Bitcoin? With Oracle, Apple, and Google likely on their way to make their announcements, the U.S. Government could pull the plug to slow the growth of this new asset. Maybe they understand the potential and decide to encourage development state side and have relaxed regulation. Tune in to see where you stand in this debate.

Topics:
1. First up, Tesla Buys $1.5 Billion in Bitcoin
2. Next, Which Companies Are Next to Buy Bitcoin?
3. Then, How Will the U.S. Government React to this Inflow in Bitcoin?
4. Finally, If Companies Acquire Bitcoin, How High Can It Go?

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Music by OfDream - Thelema

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