How to Self-Custody Bitcoin

At this point, most of you have read about the issues in the crypto-exchange world.  We saw the collapse of the algorithmic stablecoins last spring which we addressed here.  The big recent news is the sudden implosion of FTX, the failed exchange that is heading for bankruptcy and loss of most/all customer assets. People are … Read more

S&P Global Market Intelligence – The Future of Regulatory Compliance

Hi All, I’ll be presenting on a panel at this week’s S&P Global Conference called “The Future of Regulatory Compliance”.  We’ll be talking about regulations for cryptocurrencies.  My fellow panelists work for large firms and want the US to have a regulatory framework so their firms know what they can and can’t do.  They also … Read more

Are Stablecoins Going to Destroy the Cryptocurrency Market (and What’s a Stablecoin Anyway)?

Gary Brode of Deep Knowledge Investing interviews Mitchell Nicholson of Garden City Advisory on Stablecoins: Confused about recent developments with Terra, Tether, and Luna? Worried that problems with some stablecoins will take down the cryptocurrency market? Just want to know what a stablecoin is and why you keep hearing about them? Accessible to beginners. Helpful … Read more

The Depth Report Bitcoin 2022 – How I Learned to Stop Worrying and Abandon Fiat Currency

I spent most of last week at the Bitcoin2022 conference in Miami.  A few notes on the experience:   First, the amount of enthusiasm, energy, capital, and intellectual horsepower behind Bitcoin, cryptocurrencies, the blockchain, and the developing applications of these technologies is incredible.  For those of you who haven’t seen it yet, there are enormous … Read more

Bitcoin 2022 Conference in Miami

Hi All, I’m heading to Miami tomorrow for the Bitcoin 2022 conference.  Michael Bucella, Partner at BlockTower, who did a webinar with Deep Knowledge Investing last summer will be there as well as Anthony Pompliano who helped publicize our white paper on Bitcoin.  It should be a fantastic opportunity to learn a lot in four … Read more

The Depth Report – In Which We Tempt Fate by Disagreeing with Nassim Nicholas Taleb Regarding Bitcoin

Overview: Nassim Nicholas Taleb is one of our intellectual heroes.  His books, which include The Black Swan and Fooled by Randomness, constitute some of the best thinking and writing on risk in general, and financial risk in particular.  He’s been publicly negative on Bitcoin, and while that is a respectable point of view, we disagree … Read more

How Cryptocurrency Managers Evaluate Non-Bitcoin Cryptocurrency

We’ve done multiple calls and written on Bitcoin in the last year, and we’re now getting regular questions about other cryptocurrencies. Is Ethereum “better” than Bitcoin? Are there other cryptocurrencies we should be buying along with or instead of Bitcoin? And how do we distinguish between a quality cryptocurrency with owner-friendly policies and security vs cryptocurrencies with practices that are less secure or advantageous.

To explore this topic, we’ll be hosting experts who actively manage money in the space; Chris Bell and Michael Bucella.

Chris Bell is Managing Director/ National Sales manager of Horizon Kinetics, LLC a NY based asset manager that runs a cryptocurrency fund. He has 35 years in the financial securities business and began his trip down the crypto rabbit hole in late 2015 when he read the Bitcoin white paper. Chris is also a member of the Deep Knowledge Investing Board of Advisors.

Michael Bucella is a Partner at BlockTower Capital. Prior to BlockTower, Michael spent nearly a decade with Goldman Sachs. He joined Goldman Sachs in 2008 as part of the Firm’s Asset Management division (GSAM), where he focused on investment strategies, markets and institutional investors globally. Most recently, Michael worked in the Securities Division where he ran the Multi-Asset Sales & Trading business in Canada and led efforts to expand this strategy globally. Previous to this role, he led the Institutional Global Equities business, also in Canada.

The Depth Report – Why We’re Buying Bitcoin – Update

Overview:             On November 9th, 2020, we published the original version of this article on Bitcoin.  In the less than 2 months since we wrote that piece, Bitcoin is up 115% from $15,480 to $33,217 as of this writing.  Despite the significant increase in price, we see further value, and are updating the “Return Potential” … Read more