Bitcoin v the Banking Rails with Willy Woo
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SHOW DESCRIPTION
Location: Remotely
Date: Thursday 26th August
Company: Hypersheet
Role: Co-Founder
Bitcoin’s price had been trending lower for most of the summer, but after bottoming out just below $30k, it went on a run-up to $50k.
Despite the market moves, there have been plenty of other signals that indicate bitcoin might break its four-year cycle.
On-chain metrics indicate that this recent upward trend might be a warm-up for what’s to come. Long-term holders are accumulating, rumours of a Bitcoin ETF coming to the US are swirling, and it could all converge on a massive supply shock.
In this interview, I talk to on-chain analyst and the co-founder of Hypersheet, Willy Woo. We discuss traditional payment rails, making Bitcoin content, the recent price run and the evolving bitcoin cycle.
TIMESTAMPS
00:04:17: Introductions
00:05:59: The future of the "Willy Woo show"
00:07:58: WBD's future content
00:16:40: Substack and Bitcoin
00:19:26: Banking difficulties
00:29:23: Jack Dorsey and Square
00:32:21: Remittances with Bitcoin
00:34:02: Bitcoin only vs crypto only
00:38:50: Mining
00:40:19: Diversifying risk
00:46:21: Subscribers and fanbase
00:53:46: Willy's disclaimer and data accuracy
00:57:57: Rick Astley vs degens
01:03:19: Breaking the four-year cycle
01:11:54: Final comments
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SHOW NOTES
Connect with Willy:
Mentioned in the interview:
Willy Woo on Twitter: “Red = coins moving to Rick Astley, the ultimate HODLer…”
Rick Astley - Never Gonna Give You Up (Official Music Video)
Other Relevant WBD Podcasts:
WBD388: Bitcoin Rehab: Money for Enemies with American Hodl & Jason Williams
WBD337: Bitcoin ETFs Unlock a Wall of Money with Steven McClurg & Jeff Kilburg
WBD335: The Psychological Barrier of a $100k Bitcoin with Willy Woo
WBD327: How to Trade the End of a Bull Market with Willy Woo
WBD305: The Bitcoin Shakeout - Jan ‘21 Trading Update with Willy Woo