BREAKDOWN: Sorry, Bloomberg: Here Are 6 Reasons Why 2020 Is a Great Year for Bitcoin

A Bloomberg senior editor today argued there were six reasons why 2020 was bad for bitcoin. Here’s the opposite case.
Today on the Brief:

Stocks down on coronavirus fears

Demand destruction

The looming retirement crisis

This episode is sponsored by Bitstamp and Ciphertrace.
Our main theme: 
Bitcoin is up more than 30% on the year. After a crash alongside equities, it has proved incredibly resilient. There are famous new entrants to the space like Paul Tudor Jones II. 
So how can a Bloomberg editor argue the year has been bad for bitcoin? 
In this response podcast, NLW argues that most of the arguments are about narrative, not the underlying fundamentals. He presents six reasons why not only has it not been a bad year, but the exact opposite is true:

Demonstrated institutional uptake

Demonstrated resilience 

New champions 

Narrative fundamentals  

Need in emerging markets 

End of economic orthodoxy 

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