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Logan Jastremski Podcast

Deep diving Macro with Quinn Thompson of Lekker Capital on Digital Asset Trends | #EP 138

Jul 30, 2024
01:06:01
Snipd AI
Quinn Thompson, CIO of Lekker Capital, delves into the intricate relationship between macroeconomics and cryptocurrency. He addresses the overvaluation of digital assets and the emerging strategies from Miami's crypto scene. Discussing post-COVID economic shifts, Quinn highlights the transition from deflation to inflation, exploring how government fiscal policies impact traditional finance. The insights on interest rates and economic psychology reveal how these elements could shape consumer behavior. Finally, Quinn shares current trends in crypto, including Bitcoin's volatility and the influence of global events.
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Podcast summary created with Snipd AI

Quick takeaways

  • The current speculative nature of crypto assets is driving a necessary shift towards fundamental assessments, expected to solidify over the next two to three years.
  • Macroeconomic factors such as inflation and central bank policies significantly influence crypto asset prices, necessitating adaptable investment strategies.

Deep dives

Overvaluation in the Crypto Market

Many current assets within the crypto space are perceived as overvalued due to their speculative nature and the absence of fundamental investing among most market participants. As the market continues to evolve, moving towards more fundamental assessments will become necessary, though it may take two to three years for this transition to solidify. The experts believe that macro liquidity influences asset prices significantly, necessitating participants to adapt their strategies accordingly. Adapting a risk-on or risk-off approach will depend heavily on the overall macroeconomic environment.

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