In this timely and in-depth discussion brought to viewers by this year's Crypto Gathering event, Peter McCormack, host of What Bitcoin Did, welcomes Nic Carter, partner of Castle Island Ventures, and Jack Mallers, founder and CEO of Strike, to dive into the macro framework for Bitcoin's adoption and shortcomings of its energy critiques. Carter and Mallers both believe that Bitcoin's global and inclusive qualities make it the most effective monetary network for conducting international business. Combined with weakening sovereign currencies, Bitcoin is poised to provide stability and convenience for cash finality without credit risk. Furthermore, the trio argues that the traditional and outdated banking system was already facing scrutiny for problems that Bitcoin can solve. Filmed during the Crypto Gathering 2021.
Jul 28, 2021
TradeStation: Building a Crypto Trading Platform from the Ground Up
The moment short-term trader James Putra, senior director and head of strategy at TradeStation, decided to trade exclusively in crypto was pivotal in creating TradeStation’s crypto trading platform. From setting up his first mining rig to educating TradFi firms on this new sector, Putra noticed a substantial division between the tech-dominant crowd populating early crypto companies and the traditional finance folks he was used to. These two crowds didn’t always "speak the same language," as he puts it. Acting as an intermediary between these two worlds, Putra has been able to incorporate the wisdom of TradFi into the immensely volatile world of crypto that gives traders a leg up in harnessing such volatility. Interviewed by Ash Bennington on July 15, 2021.
Jul 27, 2021
SEC v. Ripple: Explained
Brad Mills, host of the Magic Internet Money Podcast, interviews seasoned attorneys Donna Redel, CEO and founder of Strategic 50, and Joe Carlasare, partner at SmithAmundsen LLC and co-chair of The Cryptocurrency, Blockchain and FinTech Group, to discuss the developing lawsuit against Ripple and what it means more broadly for crypto. Charged with conducting $1.3 billion worth of unregistered securities offerings, Ripple has been accused of operating much like a corrupt central bank as their executives are suspected of liquidating huge sums into XRP rallies, upwards of $400 million in some cases. But, will the SEC have legal grounds to classify XRP as a security, and what will it mean for the rest of the space? Redel and Carlasare walk viewers through all this and touch on the regulatory environment as a whole to give an idea of where regulation is headed. Filmed on July 20, 2021.
Long-Dated Options Investing: Letting Time Work for You
Get a taste of Real Vision's Festival of Learning with this interview between Jason Buck, CIO at the Mutiny Fund, and Jerry Haworth, CIO at 36 South Capital Advisors, who shares his strategies for investing in options and managing the volatility of different trades. In this evergreen conversation, Haworth explains why his firm targets long-dated options and why they become efficient investments. Filmed during the Festival of Learning 2020.
Jul 26, 2021
Bringing Traditional Games Into the Metaverse
Creator of the first video game ever produced in the Philippines, Gabby Dizon, co-founder and CEO of Yield Guild Games, is now recruiting traditional game developers to adopt tokenized economies. Joined by Piers Kicks, a member of the investment team at Bitkraft, Dizon gives viewers a rundown on the process by which Yield Guild is tokenizing existing gaming economies and the incentives this creates for both gamers and developers. Axie Infinity, a game which incorporates a proprietary currency and NFTs, is one of YGG's most successful partners, experiencing tremendous success in the growth of their network. The "play-to-earn" model, yielding some Axie Infinity players close to $1000 per month, is especially effective in the Philippines where starting wages are around $200 a month. Filmed on July 12, 2021.
Cathie Wood: Creative Disruption and the Sectors It Will Devastate
13D Research & Strategy founder and CEO Kiril Sokoloff welcomes long-time friend and the world’s greatest innovation investor in public markets Cathie Wood, founder and CEO of ARK Investment Management LLC. Drawing on her professional and personal life experiences, Wood shares how they have shaped her perspective on the rapidly evolving exponential trends that will disrupt the investment landscape—and sooner than many expect. She projects that transformative innovation will lift the market cap in publicly-traded companies focused in these technologies from $14 trillion to $75 trillion in the next five to ten years, which threatens to make nearly half of the companies in the S&P 500 obsolete. As well, Sokoloff and Wood explore the challenges posed to the asset management industry as it has been slow to adjust to the high-speed pace of this technological change. Taking into account the Fed’s ongoing dovish policy stance, the movement of bond yields, and the shift to a consumption of services, Wood also unpacks her insights into the cyclical deflationary set-up she sees unfolding. Filmed on July 13, 2021.
As mining insider sentiment erupts, Ridgway buys Volcanic Gold Mines
Insider sentiment in the gold mining industry has soared, and Simon Ridgway has been one of the contributors to the bullish signal we have for the group.
Jul 22, 2021
Erik Voorhees: The Case for the Decentralization of Business and Money
The separation of church and state was a revolutionary idea—Erik Voorhees, CEO of ShapeShift, and Eric Kryski, CEO and co-founder of Bidali, discuss whether it’s now time to separate money from state as well. Voorhees and Kryski discuss the origins of and new developments taking place at ShapeShift. Criticizing the infrastructure we have around our traditional human resources departments and arguing that they impoverish many of the people they advocate for, Voorhees makes the case for decentralization in many facets of life and the economy. He then applies this principle to money itself—in order to achieve a truly just society, a small, centralized group ought not possess a monopoly on currency. Filmed on July 15, 2021.
So You Want To Be A Prop-Trader? Bonds, Options, and Dispersion
Noel Smith, CIO at Convex Asset Management, returns to Real Vision to dive into his core options trading strategies implemented at Convex Asset Management as well as his journey from prop trading to hedge funds. Smith argues that prop trading allowed him to tolerate greater risk in comparison to the steady returns required by outside funds in hedge funds. Smith walks through his 4 core strategies: VIX trading, Treasury volatility, volatility arbitrage, and dispersion trades. Smith disagrees with the consensus that trading is a zero-sum game and instead believes that following personal conviction will lead to success over time. Interviewed by Jack Farley on July 20, 2021.
Jul 21, 2021
The State of Ethereum: A Deep Dive
Ethereum was created to be more than Bitcoin—Christine Kim, research associate at CoinDesk, discusses the many challenges faced and projects undertaken in attaining this goal. The adoption of DeFi has exploded in the last year, and Ethereum has benefited by being the only game in town. Although, as more chains come online and ETH gas prices soar, Ethereum is trying to adapt. Amidst many exciting yet challenging developments surrounding Ethereum, Christine Kim is a valuable resource to anyone interested in keeping up to date. She discusses a range of topics including EIP 1559, the shift to Proof-of-Stake, the "statelessness" dilemma, and much more. Interviewed by Ash Bennington on July 13, 2021.
Milton Berg, CIO of Milton Berg Advisors, joins Real Vision to share his technical framework for analyzing market signals and reasons why he believes we could be entering a bear market. In comparison to fundamental analysis, Berg argues that technical analysis is more effective because it gives the investor the confidence to abandon losing positions and stay with winning positions. Berg walks through historical charts of different markets and explains his analysis of buy and sell signals. He also explains the significance of Montgomery cycle dates in forecasting market turns due to their connection with human behavior. Interviewed by Jack Farley on July 15, 2021.