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Anthony Georgiades, Cofounder of Pastel Network and General Partner at Innovating Capital, joins Ernest Hoffman of Kitco News to explain how Bitcoin is evolving from a risk-on to a risk-off asset. They also discuss the potential impact of GDP and inflation data on BTC, how de-dollarization boosts Bitcoin, and the effects of U.S. regulatory paralysis on crypto development.
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Anthony Georgiades on Twitter: @panthonylg (https://twitter.com/panthonylg)
0:00 – Bitcoin’s April rally
3:44 – Risk-on and risk-off
5:33 – Bitcoin’s dual role
8:32 – Bitcoin in developed vs. developing economies
11:30 – Impact of low Q1 GDP
12:26 – Impact of higher core PCE
15:35 – U.S. crypto regulation
#crypto #bitcoin #dollar
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