Episode Details
Back to Episodes2389: $100T Bitcoin Floodgates - Every Bank Can Buy
Episode 2389
Published 1Â month, 3Â weeks ago
Description
Every bank in America is about to get access to Bitcoin. Senator Cynthia Lummis says the CLARITY Act will enable banks to freely buy and hold Bitcoin and crypto, triggering what she describes as one of the biggest capital inflows in history.
But the banks are late. Strategy already holds more than 4% of Bitcoin's total supply, while ETFs, public companies and millions of people already own the Bitcoin the banks will soon want. Thousands of banks. One fixed supply. No extra Bitcoin.
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