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In this episode of Unchained Premium, Unchained editor James Rubin spoke with Bobby Lee, founder and CEO of Ballet. Lee argues forcefully for the ETF's approval and shares his bullish outlook for Bitcoin's next bull market, dissecting the implications for the broader cryptocurrency landscape.
In addition, Lee delves into the nuances of the 2021 bull market, exploring why it fell short of expectations and the surprising trends in Bitcoin network activity.
He also provides an intriguing prediction for Bitcoin's price in the upcoming market cycle, hinting that the trend, at least in the long term, is up only.
Show Highlights:
Why Bobby views the 2021 bull market as a letdown despite high expectations
What aspects of Bitcoin network activity stood out to him this year, surpassing his initial predictions
Why he, as a Bitcoin maxi, maintains a neutral stance on Ordinals, unlike many of his peers
Whether Bobby anticipates Bitcoin breaking its all-time highs in 2024
How Bobby differentiates between Bitcoin and other cryptocurrencies, especially in terms of market motivations
Why Bobby believes the SEC now has "no excuse" to delay approving a spot Bitcoin ETF
Whether the U.S. will see the creation of a new regulatory body specifically for cryptocurrencies
Bobby's forecast for Bitcoin's price in the next market surge
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