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WATCH: Thiel Capital's Eric Weinstein Talks About the Nature of Money
Eric Weinstein of Thiel Capital talks with Leigh Cuen about the philosophy behind the crypto markets.
By John Biggs
Updated Sep 13, 2021, 11:45 a.m. Published Nov 29, 2019, 4:00 p.m.
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Eric Weinstein of Thiel Capital, which invested in EOS issuer Block.One among other crypto startups, hopes the bitcoin ecosystem will eventually find a way to operate without a public blockchain. He sat down with CoinDesk reporter Leigh Cuen to talk about Austrian economics and the nature of money.
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Bitcoin claws back to $70,000 on cooling inflation after $8.7 billion wipeout
Despite the price recovery, the Crypto Fear & Greed Index remains in “extreme fear,” indicating underlying market anxiety.
Ano ang dapat malaman:
- Bitcoin’s price recovered above $70,000 after a drop, driven by cooler-than-expected U.S. inflation data and increased risk appetite.
- Despite the price recovery, the Crypto Fear & Greed Index remains in “extreme fear,” indicating underlying market anxiety.
- $8.7 billion in bitcoin losses were realized in the last week, potentially signaling a capitulation event and a shift of supply to stronger hands.
