When we asked pension funds about whether or not they think digital assets has a place in portfolios, 45% of respondents said that they don't think it has a place. It's very much like small ships. You know, if you have a small boat, it's easy to turn the boat versus the huge freight or cargo ship. Bitcoin's been around for 12, 13 years, but this asset class wasn't really considered institutionalized until maybe 2020 when we had corporations and headphones starting to come out. And so it is still really early.
In this MI Rewind episode, Clay Finck chats with Chris Kuiper and Jack Neureuter about Fidelity and Bitcoin, decentralization and network effects, and much more!
Chris Kuiper is the Director of Research at Fidelity Digital Assets and Jack Neureuter is the Research Analyst at Fidelity Digital Assets. Together they wrote the Bitcoin First White Paper which outlines why investors need to consider bitcoin separately from other digital assets.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
06:56 - Why Fidelity chose to offer services for Bitcoin only, and none of the other digital assets.
13:47 - Why institutions are interested in buying Bitcoin for their company’s balance sheet.
16:59 - Chris and Jack’s thoughts regarding common criticisms of Bitcoin.
19:45 - Why Bitcoin should be considered separately from all other digital assets from an investment standpoint.
28:08 - Why decentralization and network effects are critical aspects of Bitcoin’s value proposition.
44:24 - Things happening in the Bitcoin space that make Chris and Jack most excited about its future.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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