Bloomberg’s Mike McGlone on Ethereum, Trends and the Digitalization of Finance

The 30-year long bond is at about 2% and it’s a matter of time for it to continue declining as it faces major precedent from other interest rates across the rest of the world, he said.


key takeaways

  • “Essentially nothing” can stop the US long bond from hitting zero, he said
  • The digitalization of money and finance is happening organically from the bottom up, McGlone said

Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, joined Blockworks for an interview at the Bretton Woods: The Realignment conference after he spoke during the “Crypto Market Structures: Venues, Flows and Liquidity” panel. 

In the interview, McGlone discussed themes from the conference, and also talked about:

  • Ethereum as a building block for DeFi 
  • “Number go up” technology 
  • Trends of yields and bonds 
  • China and the US 
  • Digitalization of money and finance 

Watch the full interview with McGlone below. 

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