The Market Reacts to Square's $50M Bitcoin Buy

gepubliceerd op by Coindesk | gepubliceerd op

Oct 8, 2020 at 16:16 UTCUpdated Oct 8, 2020 at 18:18 UTC.Reactions from Bitcoin Twitter and beyond as Square puts 1% of its treasury assets into bitcoin.

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A special breaking edition of The Breakdown follows the market's reaction to Square's surprise $50 million bitcoin investment.

2020's alignment between the bitcoin narrative and structural economic realities.

He also discusses the market's reaction, from the connection to Coinbase's "Apolitical" stance from last week to the notion of Square intentionally setting a framework others can follow.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.Disclosure.

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