Preston Pysh on Why We’ve Entered a Fundamentally New Era of Bitcoin Accumulation

<p><span style="font-weight: 400;">The Investor’s Podcast Network cofounder Preston Pysh last recorded with The Breakdown on Black Thursday in March. As NLW and Pysh discussed the potential of future currency crises,</span> <a href= "http://coindesk.com/price/bitcoin"><span style= "font-weight: 400;">bitcoin</span></a> <span style= "font-weight: 400;">smashed all the way below $4,000. </span></p> <p><span style="font-weight: 400;">In the five months since, bitcoin has risen 200%. It has attracted the devotion of leading hedge funders such as Paul Tudor Jones II and more recently has become the reserve asset of choice of at least one publicly listed company. </span></p> <p><span style="font-weight: 400;">In this conversation, Preston and NLW discuss:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">The significance of halving coinciding with central bank printing</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">The inevitability of negative interest rates</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why it’s the dollar, not the stock market, that is inversely correlated with the price of bitcoin</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why Preston believes in the stock-to-flow model</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Who pays the price for inevitable currency debasement</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why we’re dramatically underestimating the precedent set by MicroStrategy’s $250,000,000 cash-for-bitcoin reserve switch</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why MicroStrategy will be worth 10 times what it is today a year from now </span></li> </ul> <p><span style="font-weight: 400;">Find out guest online:</span><span style= "font-weight: 400;"><br /></span><span style= "font-weight: 400;">Website:</span> <a href= "https://www.theinvestorspodcast.com/"><span style= "font-weight: 400;">t