Jason talks about how China’s economy getting worse plus the US vs China trade war escalating means that many CCP elites in China and rich Chinese businessmen are getting around capital controls and getting their savings out via Bitcoin
1) China Defaults Hit Record in 2018. 2019 Pace Is Triple That https://www.bloomberg.com/news/articles/2019-05-07/china-defaults-hit-record-in-2018-the-2019-pace-is-triple-that
2) Chinese Onshore Defaults On Pace For Another Record Year In 2019 https://speculatorsanonymous.com/articles/chinese-onshore-defaults-2019
3) Study Finds That Overwhelming Majority Of Bitcoin Trading Volume Is Faked https://www.zerohedge.com/news/2019-03-23/vast-majority-bitcoin-trading-volume-fraudulent-study-finds
4) 95% Of Reported Bitcoin Trading Volume Is Fake, Says Bitwise https://www.forbes.com/sites/cbovaird/2019/03/22/95-of-reported-bitcoin-trading-volume-is-fake-says-bitwise/#59aff5966717
5) Above $7.5K: Bitcoin Price Hits Highest Level Since August 2018 https://www.coindesk.com/above-7-5k-bitcoin-price-hits-highest-level-since-august-2018
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