Who Matters More to Bitcoin: Whales or Plebs?

Who is buying? Who is selling? And who is driving the future of the space?

Jun 4, 2021

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ABOUT

Who is buying? Who is selling? And who is driving the future of the space?

This episode is sponsored by Nexo.io.

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Today on the Brief:

May’s middling jobs report
A ransomware update
Square building a bitcoin hardware wallet

Our main discussion looks at the various constituencies within bitcoin and asks who has what type of power to shape the network. Specifically, NLW homes in on recent price action and the divergent actions of large holders and small holders over the month of May.

Image credit: iNueng/iStock/Getty Images Plus

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.