Beyond Bitcoin
Crypto and digital assets; the week’s news and events in the rear vision mirror. Keeping it simple and hypothesising about what these events might mean to our favourite assets and to us as humans living into the digital world. Enjoy two blokes chatting one from a fund management viewpoint (Deryck Graham) and one deeper dive tech (Nitin Gaur). Let the chat and banter begin and remember feel free to contribute to future topics and to leave comments.
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Episodes
Thursday Dec 08, 2022
Thursday Dec 08, 2022
Join Jamie Coutts Senior Market Analyst from Bloomberg Intelligence and Mark Witten CIO and Co-Founder of Portal Asset Management to discuss the year in review and the welcome arrival of 2023.
On a show called Beyond Bitcoin we discuss Bitcoin as the bell weather to the sector and consider the technicals driving it. Right now many of these are pointing to BTC being oversold and comparing it to the same signals in early 2019 when it was just US$5,000. However, BTC's correlation to NASDAQ and macroeconomic conditions still plays a major role in its price direction. Join us today to discuss the somewhat more positive views for BTC investment and consider the advanced movements of institutional investment in an asset class still in its embryonic years.
Thursday Dec 01, 2022
Thursday Dec 01, 2022
The need for regulation of centralised finance exchanges and funds is now obvious. The irony is they do not need to exist in a truely decentralised world. We discuss what might be needed to support this "transitional technology" and start protecting the assets of investors in centralised exchanges and funds. Join Nitin Gaur and me discussion the need for a purge and what might come next.
Thursday Dec 01, 2022
Thursday Dec 01, 2022
The need for regulation of centralised finance exchanges and funds is now obvious. The irony is they do not need to exist in a truely decentralised world. We discuss what might be needed to support this "transitional technology" and start protecting the assets of investors in centralised exchanges and funds. Join Nitin Gaur and me discussion the need for a purge and what might come next.
Thursday Nov 24, 2022
Thursday Nov 24, 2022
With The Economist headlining – “Is this the death of Crypto?” and the New York Times opinion piece citing Tulip Fever – again – we wonder if these commentators of traditional finance may well be telling us that we are now at the bottom of the market. The reasons for the SBF / FTX failure are due to fraud, misappropriation of customer assets, over leverage, poor accounting, lack of transparency, etc none of which are cryptocurrency or decentralisation failures.
Thursday Nov 24, 2022
Thursday Nov 24, 2022
With The Economist headlining – “Is this the death of Crypto?” and the New York Times opinion piece citing Tulip Fever – again – we wonder if these commentators of traditional finance may well be telling us that we are now at the bottom of the market. The reasons for the SBF / FTX failure are due to fraud, misappropriation of customer assets, over leverage, poor accounting, lack of transparency, etc none of which are cryptocurrency or decentralisation failures.
Thursday Nov 17, 2022
Thursday Nov 17, 2022
Our special guest today, Chris Molloy, Founder of Digital Infrastructure Associates, often refers to Bitcoin miners as the Dung Beetles of the energy market crawling around looking for unused power or power wastage. With the ability to turn on or off 60-100 megawatts of power (the equivalent of an aluminium smelter) to moderate the power consumption on the grid. Power companies and energy suppliers are starting to see a symbiotic relationship with miners and how it could form part of their business models. Join us for a discussion of how an isolated island like Tasmania off the south coast of Australia can play a role in the global decentralised world of bitcoin mining.
Thursday Nov 17, 2022
Thursday Nov 17, 2022
Our special guest today, Chris Molloy, Founder of Digital Infrastructure Associates, often refers to Bitcoin miners as the Dung Beetles of the energy market crawling around looking for unused power or power wastage. With the ability to turn on or off 60-100 megawatts of power (the equivalent of an aluminium smelter) to moderate the power consumption on the grid. Power companies and energy suppliers are starting to see a symbiotic relationship with miners and how it could form part of their business models. Join us for a discussion of how an isolated island like Tasmania off the south coast of Australia can play a role in the global decentralised world of bitcoin mining.
Thursday Nov 10, 2022
Thursday Nov 10, 2022
As the credibility of the crypto asset class takes another hit prices are down and we ask the question; is this about disclosure or corporate opportunity? Alameda a wholly owned subsidiary of FTX with what was considered a robust balance sheet turns out to hold mostly digital assets either created by FTX or funded by FTX. Tradfi is likely to dine on this for weeks but for the world’s newest asset class it is likely to be another case of growing pains.
Thursday Nov 10, 2022
Thursday Nov 10, 2022
As the credibility of the crypto asset class takes another hit prices are down and we ask the question; is this about disclosure or corporate opportunity? Alameda a wholly owned subsidiary of FTX with what was considered a robust balance sheet turns out to hold mostly digital assets either created by FTX or funded by FTX. Tradfi is likely to dine on this for weeks but for the world’s newest asset class it is likely to be another case of growing pains.
Thursday Nov 03, 2022
Thursday Nov 03, 2022
Great Conversation with Sagar Barvaliya - a Investor, where he shared his perspective on builders and projects.
Sagar has an interesting journey he shared with us, he was trained as an engineer and previously worked for Porsche and start-up accelerators before deciding to go "all-in" into the crypto space. As an Engineer, He was always close to building something and the actual job of a civil engineer is to build bridges and Houses, Now he is building the bridges in Web3. He is a Chief Networking officer/Principal at Blockrocket and helps portfolio startups with 360 degree advisory.
We dissected into VC investment and projects trends, where Out of all the overarching sectors in the blockchain industry in decentralized finance (DeFi,) centralized finance (CeFi,) blockchain infrastructure, Web3 and nonfungible tokens (NFT,) DeFi was basically always king for VC capital inflows. That all changed in Q2, when Web3 garnered around 42% of all the individual deals, leaving DeFi in a far distant second at 16%. This trend was highlighted further when analyzing the most active investors, who made around 42% of all deal activity for Q2, a drop from 65% in Q1.
Our discussion focused on what is shaping the industry and a Venture perspective.