Click to download audio version Welcome to a very special Bitcoin 2021
inspired Panel on the Bitcoin Magazine Podcast. This week Christian
Keroles cohosts with Head of Research at Bitcoin Magazine Dylan LeClair a
legendary panel with 2 legendary investors involved in the Bitcoin space,
Cathie Wood Founder of Ark Invest & Anthony Scaramucci Founder of Skybridge.
This panel was recorded on Tuesday May 25th after a historically bloody weekend
of negative price action. We kick off the conversation discussing the recent
volatility in Bitcoin price and how Institutional clients are reacting to it.
Scaramucci strongly emphasised that institutions really have not begun to enter
into the space and Wood concurred and followed up that many institutions were
afraid of top ticking Bitcoin and that the recent correction was healthy and
desirable from an institutional perspective. We move on to discussing ESG and
the recent negative press bitcoin has been receiving due to comments made by
Elon Musk. Both Cathie and Anthony believe that the environment is important but
also believe that Bitcoin’s incentive structure will continue to push it more
and more towards renewables. Lastly we dive into the macro market
conditions that investors need to take into account when assessing Bitcoin’s
potential market. Wood and Scaramucci take turns breaking down the implications
of negatively yielding debt, the everything bubble, deflation, and intermingled
counterparty risk all market participants are exposed to. We close out with
Bitcoin price predictions for the year. Please enjoy this fantastic panel with
the legendary Cathie Wood and Anthony Scaramucci.
inspired Panel on the Bitcoin Magazine Podcast. This week Christian
Keroles cohosts with Head of Research at Bitcoin Magazine Dylan LeClair a
legendary panel with 2 legendary investors involved in the Bitcoin space,
Cathie Wood Founder of Ark Invest & Anthony Scaramucci Founder of Skybridge.
This panel was recorded on Tuesday May 25th after a historically bloody weekend
of negative price action. We kick off the conversation discussing the recent
volatility in Bitcoin price and how Institutional clients are reacting to it.
Scaramucci strongly emphasised that institutions really have not begun to enter
into the space and Wood concurred and followed up that many institutions were
afraid of top ticking Bitcoin and that the recent correction was healthy and
desirable from an institutional perspective. We move on to discussing ESG and
the recent negative press bitcoin has been receiving due to comments made by
Elon Musk. Both Cathie and Anthony believe that the environment is important but
also believe that Bitcoin’s incentive structure will continue to push it more
and more towards renewables. Lastly we dive into the macro market
conditions that investors need to take into account when assessing Bitcoin’s
potential market. Wood and Scaramucci take turns breaking down the implications
of negatively yielding debt, the everything bubble, deflation, and intermingled
counterparty risk all market participants are exposed to. We close out with
Bitcoin price predictions for the year. Please enjoy this fantastic panel with
the legendary Cathie Wood and Anthony Scaramucci.
