What Will 2024 Bring for Bitcoin?

Since inception, ARK has researched and published thoughts on the cryptocurrency ecosystem within Big Ideas and through articles, whitepapers, monthly Bitcoin reports and podcasts. Now, in coordination with Bitcoin Park, ARK is pleased to introduce a monthly conversation with leaders in the Bitcoin space, to discuss everything happening in the rapidly-changing and still nascent Bitcoin ecosystem. Published through the For Your innovation podcast channels, this monthly series aims to be informative and enlightening, including experts with diverse viewpoints. Guests on this month’s Bitcoin Brainstorm include: Parker Lewis: Head of Business Development, Zaprite Lyn Alden: Founder of Lyn Alden Investment Strategy Ryan Gentry: Director of Business Development, Lightning Labs Preston Pysh: Show Host and Co-Founder, The Investor’s Podcast Network and General Partner, Ego Death Capital Lucas Nuzzi: Head of Research and Development, CoinMetrics Yassine Elmandjra: Director of Digital Assets, ARK Invest  Cathie Wood: Founder, CEO and CIO, ARK Invest Rod Roudi: Co-Founder, Bitcoin Park  Key Points From This Episode: 00:00:16 When episode actually starts 00:00:00 Rod Roudi introduces the Bitcoin Brainstorm and hands over the floor to each of our fantastic guests 00:04:30 Rod introduces one of the biggest stories in bitcoin: the potential approval of a spot bitcoin ETF 00:16:54 The group considers bitcoin as an asset in a diversified portfolio 00:26:35 What is the long term viability of bitcoin as a store of value, or as a currency? 00:34:56 How the infrastructure around bitcoin has improved in recent years 00:43:34 The volume on the lightning network grew 12x in 2023 00:51:11 Comparing Bitcoin network transaction volume to large credit card networks 01:01:01 How bitcoin can be utilized as a decentralized Venmo 01:04:34 What our guests are most excited about in the world of bitcoin heading into 2024 Important Links From This Episode:·      Lyn Alden’s Book, Broken Money: https://www.lynalden.com/broken-money/·      Parker Lewis’ Book, Gradually Then Suddenly: https://graduallythensuddenly.xyz/·      Clark Moody Dashboard: Halving date tracking towards is April 19, 2024: https://bitcoin.clarkmoody.com/dashboard/·      River Lightning report: https://blog.river.com/the-lightning-network-in-2023/·      Preston Pysh’s 2% bitcoin portfolio reference: https://twitter.com/PrestonPysh/status/1349385684071677952·      Nashville Energy & Mining Summit at Bitcoin Park: bitcoinpark.com/mining·      Learn more about Bitcoin Park: bitcoinpark.com