Bitcoin Weekly Outlook: January 24, 2023: Re-evaluating Bitcoin

Bitcoin Butlers

Welcome to the latest episode of the Bitcoin Butlers Podcast. In this episode, we catch up on the last couple of months in the bitcoin world after taking a break over the holidays. We'll be discussing our re-evaluation of Bitcoin as an asset class as well as our view that Bitcoin is the most powerful monetary network in the world. We'll also be diving into some recent events in the bitcoin world, such as El Salvador paying off an $800 million bond, a nuclear powered mining facility in Pennsylvania, and the upcoming Grayscale hearing in March.

Whether you're a seasoned bitcoiner or just getting started, this episode is sure to provide valuable insights and updates on the ever-evolving world of bitcoin.

00:35 – Bitcoin is an assett that you do not need to track on a daily basis

07:05 – Re-assessing Bitcoin as an asset

14:20 – We are still so early

28:35 – Bitcoin Monetary Network

35:35 – Is Bitcoin like a FAANG Stock?

01:05:10 – El Salvador has repaid $800 million bond

01:10:26 – America's first nuclear-powered Bitcoin mining center to open in Pennsylvania

01:20:23 – Court sets date for oral arguments in Grayscale suit against SEC

01:26:31 – Jamie Dimon calls Bitcoin “Hyped-up Fraud”

01:37:50 – Bitcoin core developer claims to have lost 200+ BTC in hack

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Each week, we go over the significant news for Bitcoin and have an intellectually honest discussion on our thoughts on each story and how it affects the future of bitcoin and its adoption and growth.

You can read our guide on Best Practices for Bitcoin Owners here - https://www.btcbutlers.com/best-practices-for-bitcoin-owners-2021/

Bitcoin Butlers has created a crypto and non crypto comprehensive inheritance planning guide, and you can buy it wherever books are sold, or you can download it for free with the link below.

Sovereign Inheritance Planning Guide - https://www.btcbutlers.com/sovereign-inheritance-planning-guide/

Other Links:

El Salvador has repaid $800 million bond

https://www.msn.com/en-us/money/markets/el-salvadors-president-announces-full-payment-of-an-800-million-bond-averting-default/ar-AA16JG55

America's first nuclear-powered Bitcoin mining center to open in Pennsylvania

https://finbold.com/americas-first-nuclear-powered-bitcoin-mining-center-to-open-in-pennsylvania/

Court sets date for oral arguments in Grayscale suit against SEC

https://www.msn.com/en-us/money/markets/court-sets-date-for-oral-arguments-in-grayscale-s-challenge-of-sec-s-bitcoin-etf-decision/ar-AA16FV8Z

Bitcoin core developer claims to have lost 200+ BTC in hack
https://cointelegraph.com/news/bitcoin-core-developer-claims-to-have-lost-200-btc-in-hack