Bitcoin Hits New Record – Streaming Video Wars – California Exodus Continues – MGR Unplugged Podcast
Is Bitcoin rise for real or a remake of the 2017 bubble? If you’re planning on cutting the cord in 2021, do the math first as streaming video wars and pricing options keep changing. And more companies and individual are leaving California. Happy Holidays everyone!
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As of this recording, Bitcoin had just reached the $23K milestone. Just five days ago, it was trading at $19K which in itself, was a record high too. Some analysts predict Bitcoin to go as high as $500K in the coming years. The reason? Limited supply and an increased demand are pushing the new record highs this year. What makes it different than the previous surge in 2017? Remember, back then, Bitcoin went as high as $17K by December 2017 only to go down to $3,100 a year later.
The difference is that this time around, institutional demand for Bitcoin is there too. Yesterday’s detractors are today’s buyers. MassMutual, PayPal are samples of newest additions to the Bitcoin acceptance trend. So, is it Buy, Sell or Hold time? Join our chat to see what we think.
Meanwhile, the streaming video wars are starting to go over a consolidation state. Livestreaming services include YouTube, Hulu, AT&T TV Now, Philo, Sling TV and others. On the demand options are the well-known Netflix, Prime Video, Disney+, Apple TV+, HBO Max, ESPN+ and the less popular Peacock and CBS All Access. But if you’re planning on cutting the cord from your Cable operator in 2021, you’d better look at your options and do some careful math. Chances are, you may end up paying the same combined monthly fee, especially, if you’re interested in watchin your local sports team in action.
Finally, as sad as it is, California continues to lose its luster. The “Golden State No More” exodus continues with Oracle being the latest company to announce that it will move its headquarter to Texas. And it’s not over yet…
All that and much more in this episode of MGR Unplugged.What do you think? Take a listen and let us know your thoughts.
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