Insilico Terminal Podcast Episode 20 - Fofty

In this episode, Fofty shares his unconventional path into markets - from the euro crisis and the Wirecard collapse to crypto mining, ICOs, and eventually macro-driven trading across options, perps, and traditional markets. We explore how event-driven thinking, convexity, and seasonality shape his approach, why options offer a better way to express macro views, and how liquidity - not narratives - ultimately drives markets. The conversation dives deep into misunderstood macro dynamics, government liquidity hacks, Bitcoin’s struggle with credibility, CT culture, and why constant scamming undermines long-term adoption. We close with thoughts on the future of markets, Bitcoin’s role as digital gold, and the need for traders to think bigger than short-term extraction.

00:00 Intro, Fofty’s background, origin of the name, early Twitter and CT beginnings

02:59 Rebirth group, daily macro writeups, building credibility as a macro-focused reply guy

06:56 Wirecard scandal, discovering markets via shorting fraud, Twitter as a real-time news edge

15:32 First macro “click”, euro crisis, Greek bonds, studying finance and early convictions

19:47 Mining, Dash masternodes, Bitmain, ICO cycle, getting wiped in 2017–18

23:24 Trading philosophy, event-driven macro, convexity, why options beat linear perps

34:45 Why macro is misunderstood, liquidity vs textbooks, Treasury issuance and cycle prolongation

54:12 Bitcoin, gold, narratives, scams, generational belief, rant and closing thoughts