46M Americans Now Own Bitcoin as Inflation Rises to Highest Level in 13 Years

Do rising inflation and rising levels of bitcoin ownership have anything to do with one another?

This episode is sponsored by Nexo.ioand Bitstamp.

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Today on the Brief:

  • SEC throws cold water on bitcoin ETF dreams
  • MoneyGram brings bitcoin for cash to 12,000 locations (for a hefty fee)
  • Palantir considering adding bitcoin to balance sheet

Our main discussion:

Inflation has seen its biggest growth month in a very long time. Is it just transitory or reducible to base effects or is something more going on? Meanwhile, a new survey suggests 46 million Americans now own bitcoin. Related?

See also: US CPI Report Shows April Inflation Faster Than Expected, Highest Since 2008

Image credit: TARIK KIZILKAYA/iStock/Getty Images Plus

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