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Monday, 25 March 2019

What Bitcoin Did #88 Matthew Hougan from Bitwise on Why 95% of Reported Bitcoin Trade Volume is Fake

https://ift.tt/eA8V8J

'Ε“The reported spot volume of Bitcoin that is claimed on sites like Coin Market Cap is about $6bn a day, that means all Bitcoin would turn over about every two weeks, for something which is designed primarily as a long-term store of value. That is absurd.''" Matthew Hougan

Interview Location: Skype

Interview Date: Friday 22nd March, 2019

Company: Bitwise Asset Management

Role: Global Head of Research

Bonus show: following the release of the Bitwise report on the reported fake exchange volume across most exchanges, submitted as part of their ETF application, I caught up with Matthew Hougan, their Global Head of Research to discuss it.

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via The Let's Talk Bitcoin Network https://letstalkbitcoin.com/blog/post/what-bitcoin-did-88-matthew-hougan

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