This podcast episode was inspired by the Bitcoin 2021 conference in Miami on June 4 and 5. Make sure to set reminders for the Bitcoin 2021 day one YouTube live stream as well as the day two live stream now.
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Panel:
Cathie Wood (Founder and CEO of Ark Invest)
Anthony Scaramucci (Founder of SkyBridge Capital)
Moderators:
Christian Keroles (Managing Director of Bitcoin Magazine)
Dylan LeClair (Head of Research at Bitcoin Magazine)
We moved on to a discussion of environmental, social and corporate governance (ESG) themes and the recent negative press bitcoin received due to comments made by Elon Musk. Both Wood and Scaramucci believe that the environment is important but also that Bitcoin’s incentive structure will continue to push it further toward renewables.
Lastly, we dove into the macro market conditions that investors need to take into account when assessing bitcoin’s potential market. Wood and Scaramucci took turns breaking down the implications of negative yield debt, “the everything bubble”, deflation and intermingled counterparty risk that all market participants are exposed to.
We closed out with bitcoin price predictions for the year. Please enjoy this fantastic panel with the legendary Cathie Wood and Anthony Scaramucci.