Bits + Bips: Reasons to Be Optimistic After Bitcoin Falls Toward $100K - Ep. 938
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The sentiment in the conversations that we're having with financial advisers, with platform that house broker dealers and wealth managers, with the home offices that work to approve crypto products to make them available for financial advisers and throughout their wealth management networks has never been more positive.
I'm not telling you to buy the token or not buy the token. Do your research. I don't care. But the point that I was making is that you really can't sleep on Ripple.
The only question for Tether is if you're looking at the equity, is 500,000,000,000 too high a price? So you can buy OpenAI half a trillion, or you can buy Tether. It's like the meme of the two buttons.
I see a future for stablecoins where the distributors and the consumers are gonna suck all of that profit out of Tether. And that's not to say it goes to another stablecoin issuer. It sort of distributes throughout the market. Alright. Hello, everybody. Welcome to bits and bips, exploring how crypto and macro collide one basis point at a time. So I'm Austin Campbell, high scholar of Zero Knowledge Group, self described and recovering grouchy fixed income trader and professor at NYU Stern. Despite the best efforts of crypto Twitter, I also remain the moderator of this podcast. Joining me today
Still recovering. Same thing. It's just a blur.
Yeah. Joining us from the parties here. And we also have, joining us is our guest, Teddy Fazaro, warden of the Bitwise reserves, president of Bitwise, who demanded we give him a Game of Thrones name, and here to talk ETFs, macro, and investing with us. We'll continue to have some excellent guests going forward, so I really hope you're gonna enjoy the show today. We're gonna be talking about Uptover. We're
gonna
be talking about some views Chris has on
a token yet to be named.
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