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Sam Unsted

👤 Speaker
148 total appearances
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Voice samples: 1
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Appearances Over Time

Podcast Appearances

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

Yes, I'm talking about Bitcoin.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

Yes.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

So when you have this much excitement about-

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

AI or about SpaceX particularly, and big IPOs coming later in the year for OpenAI or Anthropic.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

When all of that is going on, it seems like the sort of traders that are in Bitcoin are the ones who are then thinking, actually, I'm going to move a little bit away from here.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

Yeah.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

The narrative is not good enough to bring you in.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

We're not gambling, yeah.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

But we will see what happens there.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

I mean, just very briefly on SpaceX.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

I mean, I've been a reporter on stocks for 15 years.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

I've never seen an IPO like that ever.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

And since then, they did an acquisition two days later of $60 billion.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

They are borrowing a huge amount of money in credit markets.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

They are sort of getting into all sorts of corners of the market.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

And so they're becoming already quite a kind of important company in all sorts of different sectors of the market.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

It'll be really interesting to see how that pans out.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

It's possible.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

It's possible.

Merryn Talks Money
Markets Wrap: Gilts, Gold and AI’s Price Tag

But I think when we're talking about Bitcoin there and this kind of enthusiasm, the AI story, there's obviously a huge amount of enthusiasm for the AI story.