Buy the F**king Dip with Willy Woo - WBD429

Location: Remote
Date: Thursday 25th November
Project: Hypersheet
Role: Co-Founder


Comparisons between the 2017 & 2020/2021 bull markets are
commonplace, and for a good reason. The 2016 halving kicked
off a huge run and the first instance of wider retail getting
involved in the Bitcoin market. 2020's halving was one
catalyst for the current bull run. However, this time, the
market participants are very different. 


Michael Saylor helped change the way institutions approach
bitcoin, and a slew of other companies followed in his
footsteps. Then, most notably, El Salvador became the first
nation-state to make Bitcoin legal tender. Mainstream bitcoin
investment has been a defining event of 2021.


Further, this year has witnessed much more complex market
activity: ETFs, shorting, and debt leveraged long positions.
As a result, stakeholders have also had to assimilate a rapid
increase in market-shifting news. This past month has been no
exception, culminating in Nayib Bukele, El Salvador's
president, announcing his country's 'Bitcoin Bond'. 


In this interview, I talk to on-chain analyst and long-time
friend of the show, Willy Woo. We discuss price forecasts, El
Salvador's 'Bitcoin Bond', political attacks on Bitcoin,
macro events, and comparisons to Ethereum.