Bitcoin is surging. Last month, it surpassed $50,000 per coin, and big institutions are buying in alongside retail investors. The new frenzy has started, partially due to Elon Musk's Tesla announcing its purchase of $1.5 billion worth of Bitcoin. So, why now? And what if the bitcoiners are right, and this is only the beginning? 

This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today and get one month free at: thetimes.co.uk/storiesofourtimes.

Guest:

Nic Carter, Partner at Castle Island Ventures and co-founder of Coin Metrics. 

Host: Asya Fouks.

Clips used: CNN, CNBC, and Bloomberg.

This podcast was brought to you thanks to subscribers of The Times and The Sunday Times. To enjoy unlimited digital access to all our journalism subscribe here.

Hosted on Acast. See acast.com/privacy for more information.