Bitcoin is not going to $1M, yet – BitTalk #11

In the latest episode of BitTalk, hosts Nick, James, and Akiba discussed the recent market activity, central bank policies, and the potential for Bitcoin to reach $1 million in 90 days. The conversation was insightful and informative, with each host offering their unique perspective on the current state of the cryptocurrency industry.

James began by highlighting the recent credit swiss fiasco and UBS buying them out, explicitly referencing AT1 bonds valued at zero, leading to shareholders receiving over $3 billion while debt holders received nothing. This event further highlighted the importance of holding an asset like Bitcoin that one has complete control of, especially in extraordinary circumstances where central banks may come into play.