“One of the things I was hearing all the time when I was in the banking world was ‘OK, but this bitcoin thing, it doesn’t have any intrinsic value,’” mentioned Ambre Soubiran, CEO of cryptocurrency market-data startup Kaiko.
“And this is something to which I obviously completely disagree,” she continued. “How can you say that having a system that enables permissionless transference and a decentralized and secure way to digitally transfer ownership [doesn’t have value]? Just that system and the fact that it works and that it has been working for 10 years has value – and that’s the intrinsic value in my eyes.”
Soubiran spoke with CoinDesk for the newest episode of Bitcoin Macro, a pop-up podcast sequence that includes the audio system and themes of CoinDesk’s upcoming Invest: NYC convention on Tuesday, Nov. 12.
The occasion will discover bitcoin’s function within the monetary system because it finds its place within the world macro group. No longer written off as some ignorable area of interest, extra persons are asking: Is bitcoin a macro asset? Is it a safe-haven asset? How will it carry out within the subsequent recession?
In this episode of Bitcoin Macro, CoinDesk’s head of technique, Nolan Bauerle, talks with Soubiran about:
The “macro” origins of bitcoin.
The shifts within the bitcoin narrative over time.
Why the ICO increase was a seminal second for exterior markets to achieve extra curiosity within the cryptocurrency house.
Why the function of bitcoin as a protected haven is contextual to native politics and economics.
Why HODLing conduct reveals the promise of bitcoin as a future protected haven.
The immediate-term dangers to bitcoin within the case of a world recession.
What order-book information suggests concerning the state of the markets.
Listen to the podcast right here or learn the entire transcript beneath.
Your Opinion Matters
Quality - 10
10
Total Score
Your feedback is important to us to improve our services. We constantly seek feedback to improve and evolve our service, whilst identifying opportunities to assist clients in realising their business objectives.
User Rating: 4.5 ( 4 votes)
Comments