BREAKDOWN: 46M Americans Now Own Bitcoin as Inflation Rises to Highest Level in 13 Years


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Do rising inflation and rising levels of bitcoin ownership have anything to do with one another?

This episode is sponsored by Nexo.ioand Bitstamp.

Today on the Brief:

  • SEC throws cold water on bitcoin ETF dreams
  • MoneyGram brings bitcoin for cash to 12,000 locations (for a hefty fee)
  • Palantir considering adding bitcoin to balance sheet

Our main discussion:

Inflation has seen its biggest growth month in a very long time. Is it just transitory or reducible to base effects or is something more going on? Meanwhile, a new survey suggests 46 million Americans now own bitcoin. Related?

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Join thousands of newsmakers and influencers talking the future of money at Consensus 2021, a live virtual experience from CoinDesk. (Use discount code "BREAKDOWN" to save $25!)


Image credit: TARIK KIZILKAYA/iStock/Getty Images Plus

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