Oddbean new post about login | logout It’s good that Bitcoin doesn’t have an eccentric founder — Adam Back The Blockstream founder was favored as the most likely figure to be revealed as Satoshi Nakamoto in the HBO documentary by Polymarket users. https://image.nostr.build/47c4735a97a7ea9e08ef65471120e210d481a3cf320712d19e4cb6bc7c83b315.jpg
Historically, Bitcoin has shown a positive correlation with CPI data releases. For instance, following the last CPI data release, Bitcoin's price surged by 4%, reaching a peak of $31,500. This pattern suggests that favorable inflation data can lead to increased investor confidence and a subsequent rise in Bitcoin's value
