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Bitcoin Sees Surge in Allocation by Wealthy Investors: Insights from Steven Lubka (Pt. 1/2)
In a riveting discussion, Steven Lubka, renowned managing director at Swan Bitcoin, and Michelle Makori, esteemed Lead Anchor and Editor-in-Chief at Kitco News, delve into the growing fascination of high-net-worth individuals and family offices with Bitcoin. They explore its role as a safeguard amidst uncertainties in the banking sector and its potential as a long-term store of value across generations. Lubka further unveils his bold Bitcoin price prediction for 2024. Witness their enlightening conversation at the Bitcoin 2023 conference in Miami.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Steven Lubka on Twitter: @DzambhalaHODL (https://twitter.com/DzambhalaHODL)
0:00 - Family offices are getting into Bitcoin
3:50 - Banking crisis
7:19 - Wealthy want money outside the system
10:56 - Fed rate expectations
12:12 - Bank failures bullish or bearish for BTC?
14:11 - Will rate hikes tame inflation?
23:22 - Bitcoin price outlook
29:41 - Bitcoin's long-term future
37:12 - Bitcoin prevents financialization of society
#bitcoin #investing #bankingcrisis
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