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The Economics of the Miracle on 34th Street

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Manage episode 454737558 series 2605485
内容由David McWilliams and John Davis提供。所有播客内容(包括剧集、图形和播客描述)均由 David McWilliams and John Davis 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal
Santa exists because the people will it to exist"—a lovely line from The Miracle on 34th Street sets the stage for this episode's deep dive into Bitcoin hitting the monumental $100K mark. But is Bitcoin really money? Or just a speculative asset fuelled by belief and lobbying? As we explore the parallels between wampum shells, tulip bulbs, and digital currencies, we unravel the irony of Bitcoin’s journey from anti-establishment rebellion to Wall Street darling. Is this the dawn of a MAGA-backed financial revolution, or a precarious bet on an apocalyptic future where the dollar falters? And what happens when speculative euphoria meets institutional leverage? From New York’s vibrant streets to its historical roots as a trading hub, we examine how faith—whether in Santa Claus, Bitcoin, or the dollar—has always been the driving force behind the world’s currencies.

Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

524集单集

Artwork
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Manage episode 454737558 series 2605485
内容由David McWilliams and John Davis提供。所有播客内容(包括剧集、图形和播客描述)均由 David McWilliams and John Davis 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal
Santa exists because the people will it to exist"—a lovely line from The Miracle on 34th Street sets the stage for this episode's deep dive into Bitcoin hitting the monumental $100K mark. But is Bitcoin really money? Or just a speculative asset fuelled by belief and lobbying? As we explore the parallels between wampum shells, tulip bulbs, and digital currencies, we unravel the irony of Bitcoin’s journey from anti-establishment rebellion to Wall Street darling. Is this the dawn of a MAGA-backed financial revolution, or a precarious bet on an apocalyptic future where the dollar falters? And what happens when speculative euphoria meets institutional leverage? From New York’s vibrant streets to its historical roots as a trading hub, we examine how faith—whether in Santa Claus, Bitcoin, or the dollar—has always been the driving force behind the world’s currencies.

Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

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