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"The story used to be that Bitcoin is a protection, from the fluctuations of the stock market, from inflation, that it's a store of value, much like gold. We're really seeing that fall apart as the stock market has been more volatile and crypto prices have been right along with it. Crypto is similar to other high risk asset classes."

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"The story used to be that Bitcoin is a protection, from the fluctuations of the stock market, from inflation, that it's a store of value, much like gold. We're really seeing that fall apart as the stock market has been more volatile and crypto prices have been right along with it. Crypto is similar to other high risk asset classes."
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Paris Marx (parismarx@mastodon.online)'s status on Friday, 23-Aug-2024 01:39:14 JST Paris Marx

The crypto industry isn’t dead yet. In fact, it’s one of the biggest funders in this US election cycle.
On #TechWontSaveUs, I spoke to @molly0xfff to discuss what crypto boosters want from their nearly $200 million in campaign spending.
Listen to the full episode: https://techwontsave.us/episode/235_crypto_is_spending_millions_to_sway_the_us_election_w_molly_white
#tech #crypto #politics #bitcoin

In conversation about 6 months ago from mastodon.online permalink