Safe Havens – How gold and Bitcoin can adapt to the new paradigm
Chris Brookins is the founder of Valiendero Digital Assets, a quantitative cryptocurrency investment fund. Chris is the co-author of a new report titled Safe Havens - How gold and bitcoin can adapt to a new paradigm. In the current global crisis - the world is trending towards negative interest rates, money printing, and a decline in cash - traditional safe-haven assets are being turned on their head. The report explores what the function of a 21st-century safe haven should be.
The link will open a new window. Click the menu and down arrow to download the file.
Podcasts available on
Guest:
Chris Brookins
Why you should listen:
Bitcoin is on the path to becoming a store of value. The narrative of bitcoin being uncorrelated with any other asset class, and being a safe haven store of value took a hit on March 12, black Thursday when it crashed along with all global markets. However, Bitcoin has since recovered, proving itself surprisingly resilient, and its recovery didn’t require central bank intervention or a government bailout.
Key takeaway:
The COVID-19 pandemic is a black swan event that will impact all industries. It will affect the economy, supply chains, and political and social systems. Bitcoin is antifragile and may benefit from the current global uncertainty. However, as a risk asset, due to rising unemployment retail investors will likely have less income to buy Bitcoin.
Expectations of risk to the global economy based on historical events are underestimated because events are inherently fat-tailed and because the tail has become fatter with increased connectivity. In other words high impact, low probability events are becoming more probable.
Supporting links:
Safe Havens – How gold and bitcoin can adapt to a new paradigm
The Crypto Conversation is sponsored by BNC Pro, the new digital wealth platform featuring an all-in-one suite of customizable, institutional-grade applications that help you manage your crypto investments. Research, chart, screen, analyze, optimize, report, and more. BNC Pro is the ultimate portfolio tool for individual or enterprise use. Streamline your workflow, manage your crypto and master this brave new asset class with BNC Pro. Go to BNC-Pro.com to create your free account.
If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.
Planning your 2024 crypto-media spend? Brave New Coin’s combined website, podcast, newsletters and YouTube channel deliver over 500,000 brand impressions a month to engaged crypto fans worldwide.
Don’t miss out – Find out more today
Sound Money - A hip-hop story about Bitcoin
NEM 2.0 - Launch the Catapult, Symbol is coming
