Dan and Greg break down the 5 things you need to know this week:
- BTC: Update from the Bitcoin Conference
- Trump headline speaker
- Calls for US national Bitcoin reserve
- Maturation of Bitcoin as an asset accelerating
- BTC: Introduction of Bitcoin-backed loans
- Massive upgrade to current lending
- Will dramatically increase institutional demand
- Only Tradeoffs: as Bitcoin matures, large entities will acquire a ton of Bitcoin. Its already happening. There are 2 sides to this coin,
- Clown World. Abject insanity at the Olympics
- Looking Ahead: pay attention to the Democrats and any signs of warming toward Bitcoin and crypto as election issue