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Podcast: The Peter McCormack Show
Episode: No Escape from Bitcoin's Gravity with Nik Bhatia - WBD281
Description: Location: Remotely Date: Wednesday 18th November Company: USC Marshall School of Business Role: Adjunct Professor of Finance After dropping to lows of ~$4000 when markets went into freefall following the coronavirus outbreak, Bitcoin has bounced back to a near to all-time high of ~$18,500. The impact of the pandemic on the economy has been a massive increase in government borrowing and money printing. This response has highlighted the importance of scarce assets which can't be debased. Gold has historically been the safe-haven asset that money flows into during times of uncertainty. However, m...