The Path To $100,000 Bitcoin | Adam Back - podcast episode cover

The Path To $100,000 Bitcoin | Adam Back

Nov 08, 20231 hr 3 min
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Episode description

Follow On The Margin On Spotify: https://spoti.fi/46WWQ6T

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On today’s episode, Adam Back Co-Founder & CEO of Blockstream joins the show for a discussion on where we are in the Bitcoin cycle.


We deep dive into the mechanics of the mining sector, developments in the lightning network, whether or not a Bitcoin ETF is good for the ethos of Bitcoin & finally why Adam believes Bitcoin under $100,000 is undervalued. To hear all this & more, you'll have. to tune in!

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Follow Adam: https://twitter.com/adam3us

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Digital Asset Summit 2024. Use Code: MARGIN20 for a 20% discount: https://blockworks.co/event/digital-asset-summit-2024-london


Research, news, data, governance and models – now, all in one place. As a listener of On The Margin, you can use code "MARGIN10" for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/

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(00:00) Introduction

(00:36) Chancellor on Brink of Second Bailout for Banks

(05:42) Bitcoin & Bonds

(07:49) Bitcoin ETF

(11:54) DAS London Plug

(13:12) Where Are We In The Bitcoin Cycle?

(17:44) Bitcoin's Path To $100,000

(20:17) Bitcoin Mining

(37:02) Blockworks Research Ad

(37:50) Does More Bitcoin Hashrate Equal More Security?

(46:23) The Bitcoin Security Model

(50:57) Bitcoin Ordinals

(57:05) The Lightning Network

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Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

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