Today’s Animal Spirits is brought to you by BlockFi
On today’s show we discuss:
- How Bitcoin went from a currency to a store of value
- How the interest payments on BlockFi work
- What’s the deal with Tether?
- Zac explains what happened with double spending
- Why there’s no longer career risk to owning Bitcoin, and much more
BE CAREFUL OUT THERE: The premium on Grayscale's Litecoin Trust (LTCN) is 2,275% (was as high as 5,871%) thx to small investors buying in ($166m aum). Would need a 95% price drop to be in line w price of Litecoin. Such is life w out arb. Via new @JSeyff note on BI ETF<go>. pic.twitter.com/09ZZgnsbe0
— Eric Balchunas (@EricBalchunas) January 25, 2021
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