Bitcoin has an unyielding apolitical nature, which oddly enough, makes it a political statement in today’s rampantly politicized world. In this episode of Fed Watch, Christian and Ansel discuss the recent US election and what it means for bitcoin. Their discussion is wide-ranging from election irregularities, to the rebound in mining hash power, to bitcoin price predictions for the near term.
Topics:
Politics in the US was front page news
Speculate Biden and the Fed
The Dollar and the Yuan price action during the election.
Bitcoin is global.
Bitcoin price at 15260
Difficulty -16% adjustment followed by a +5 Adjustment
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