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What Do Mexico’s Second Wealthiest Billionaire and Arya Stark Have in Common?

Recapping a wild week in bitcoin price action that has drawn out numerous previously-quiet HODLers.

Updated Sep 14, 2021, 10:33 a.m. Published Nov 21, 2020, 2:21 p.m. 1 min read
Breakdown 11.21 Mexico's Second Wealthiest Billionaire and Arya Stark

Recapping a wild week in bitcoin price action that has drawn out numerous previously-quiet HODLers.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Crypto.com and Nexo.io.

On this edition of The Breakdown weekly recap, NLW discusses:

  • Traditional markets: The tension between vaccine optimism and a growing national wave of economy-disrupting lockdowns
  • Regulatory landscape: Crypto ally Brian Brooks nominated for full term at OCC while SEC Chair Jay Clayton steps down early
  • Bitcoin Miners: Sold out until Spring
  • Celebrities and Financiers coming to the Bitcoin space

This week on The Breakdown:

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

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Trace Mayer (Trace Mayer)

The creator of the Mayer Multiple argues bitcoin’s growing economic substance is compressing volatility and attracting deeper capital.

What to know:

  • Bitcoin volatility has dropped from around 120 in 2017 to 35 as institutional participation and options markets add stability to the asset.
  • Mayer believes lower volatility makes bitcoin more investable for corporations, family offices, and institutional investors.
  • Despite long-term concerns around miner security incentives and quantum computing, Mayer remains bullish...