Business podcast: Do you also have Bitcoin fomo?
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The most famous of all cryptocurrencies has been making a strong comeback for several months. Market observers had that Bitcoin Already declared dead at the start of the Ukraine war, when the price had dropped sharply and one or two crypto exchanges went bankrupt. But now you can get more than 60,000 euros per Bitcoin on the market, the record mark from 2021 has long been exceeded. Bitcoin rushes from one high to the next. And some people ask themselves: Did I miss the start?
But perhaps this is just a stage in the further development of the Cryptocurrency. After all, many supporters not only rely on Bitcoin as an investment, but also firmly expect the currency to establish itself as a stable means of payment in the long term. So what is the status of the largest cryptocurrency right now? What factors contributed to the current rise, and what criticisms do opponents of Bitcoin continue to raise against it? That’s what this episode of is about Is that a bubble?the business podcast from ZEIT and ZEIT ONLINE about money, power and justice.
“We are now in the fourth major cycle of Bitcoin,” says Alex von Frankenberg, who talks about the development of the cryptocurrency in this episode. Frankenberg is managing director of the High-Tech Gründerfonds and has been privately dealing with fundamental questions about Bitcoin for a long time. He explains that the cryptocurrency’s performance so far has moved in waves related to the growing adoption of the technology.
The ZEIT cultural correspondent and author Ijoma Mangold is also a guest in this episode The orange pill published a widely acclaimed book about Bitcoin. Business editors Jens Tönnesmann and Zacharias Zacharakis will discuss with these guests. And, as always, at the end we also ask the animal oracle for a prognosis.
The most famous of all cryptocurrencies has been making a strong comeback for several months. Market observers had that Bitcoin Already declared dead at the start of the Ukraine war, when the price had dropped sharply and one or two crypto exchanges went bankrupt. But now you can get more than 60,000 euros per Bitcoin on the market, the record mark from 2021 has long been exceeded. Bitcoin rushes from one high to the next. And some people ask themselves: Did I miss the start?
But perhaps this is just a stage in the further development of the Cryptocurrency. After all, many supporters not only rely on Bitcoin as an investment, but also firmly expect the currency to establish itself as a stable means of payment in the long term. So what is the status of the largest cryptocurrency right now? What factors contributed to the current rise, and what criticisms do opponents of Bitcoin continue to raise against it? That’s what this episode of is about Is that a bubble?the business podcast from ZEIT and ZEIT ONLINE about money, power and justice.
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