What Bitcoin Did

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Bitcoin v the Banking Rails with Willy Woo

Peter McCormack

Interview | Description | Timestamps | Show Notes

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Bitcoin v the Banking Rails with Willy Woo - WBD390 Peter McCormack

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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.

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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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SUPPORT THE SHOW

If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:

If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

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