Podcast appearances and mentions of steven mcclurg

Steven McClurg is a bull on crypto under President Trump, which he considers a "pro-crypto" administration. He believes Bitcoin can climb to $120,000 before the end of the year but expects other cryptocurrencies and ETFs to double. Steven talks about his firm's own process to get approval on a new crypto ETF and how his work on Spot Bitcoin ETFs aided the process.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Steven McClurg expects Bitcoin to double its value over the year, which he attributes to investors seeking trades outside traditional equities. He notes popularity in crypto ETFs and increased cash flow for institutional investors. However, Steven says he's not expecting as high of a run as originally predicted despite a crypto-favorable administration. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

17th Oct: Blockchain DXB Podcast

Bloomberg News Auto Reporter Keith Naughton discusses Ford announcing it will reduce the number of workers making its F-150 Lightning truck as demand for electric vehicles continues to weaken. Maureen O'Brien, Senior VP of Corporate Governance at Segal Marco, explains the emerging ESG trends at investment firms. Dr. Helene Gayle, President of Spelman College, talks about the HBCU receiving a $100 million donation. Bloomberg News Higher-Education Finance Reporter Janet Lorin also participates in the conversation. Steven McClurg, Chief Investment Officer at Valkyrie Funds, discusses investing in Bitcoin ETFs. And we Drive to the Close with Doug Ciocca, CEO at Kavar Capital. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Bloomberg News Auto Reporter Keith Naughton discusses Ford announcing it will reduce the number of workers making its F-150 Lightning truck as demand for electric vehicles continues to weaken. Maureen O'Brien, Senior VP of Corporate Governance at Segal Marco, explains the emerging ESG trends at investment firms. Dr. Helene Gayle, President of Spelman College, talks about the HBCU receiving a $100 million donation. Bloomberg News Higher-Education Finance Reporter Janet Lorin also participates in the conversation. Steven McClurg, Chief Investment Officer at Valkyrie Funds, discusses investing in Bitcoin ETFs. And we Drive to the Close with Doug Ciocca, CEO at Kavar Capital. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Steven McClurg is a Co-Founder of Valkyrie Investments. In this interview, we discuss the North American Bitcoin Summit, speculation about SEC approval of Bitcoin ETFs, and the potential advantages of having the first approved ETF. The conversation also covers the US government's debt and its effect on the economy, the concept of inflation and its potential impact, the influence of BlackRock and state involvement in Bitcoin, and future Bitcoin adoption. - - - - One of the hot topics at the North American Bitcoin Summit was the speculation surrounding the approval of Bitcoin ETFs by the SEC. I was fortunate to be able to have a new interview with Valkyrie Investments CIO Steven McClurg, who provided insight into the SEC's decision-making process, how the SEC will likely batch the approval of ETFs, the role of BlackRock in changing the SEC's stance, and the impact of the speculation on Bitcoin's price. Our conversation moved on to cover the US government's debt and its impact on the economy. The elephant in the room is the increasing pressure debt servicing applies to the US government finances, particularly in the wake of interest rate rises. Steve focused on the concern that the government seems to have little political incentives to solve the debt problem, as politicians are focused on getting reelected rather than addressing long-term issues. We discussed the compounding effect of inflation, and how even a small increase in inflation can have significant consequences over time. The rising costs of groceries, fuel, and housing, are materially affecting people's ability to invest and save. Whilst we are veterans of believing Bitcoin provides financial protection, it seems like prominent financiers such as Larry Fink, BlackRock's CEO, are also considering Bitcoin as a solution to the current economic situation. The podcast concluded with a discussion on the potential for government investment in Bitcoin. We speculated on the amount of Bitcoin owned by El Salvador and its potential value. We touched on the seizure of Bitcoin by US police and how the government has dealt with these seizures. Finally, Steve and I talked about whether other countries are likely to be acquiring Bitcoin. It may be very soon that all countries realise that they don't have enough! - Show notes: https://www.whatbitcoindid.com/podcast/macro-fed-pivot-bitcoin This episode's sponsors: Iris Energy - Bitcoin Mining. Done Sustainably Bitcasino - The Future of Gaming is here Ledger - State of the art Bitcoin hardware wallet Wasabi Wallet - Privacy by default Unchained - Secure your bitcoin with confidence OrangePillApp - Stack Friends Who Stack Sats

“I see us going to $100,000 by the end of next year, easy…and that's ignoring a Bitcoin spot ETF; that is a complete game changer.”— Steve McClurgSteven McClurg is a Co-Founder of Valkyrie Investments. In this interview, we discuss the North American Bitcoin Summit, speculation about SEC approval of Bitcoin ETFs, and the potential advantages of having the first approved ETF. The conversation also covers the US government's debt and its effect on the economy, the concept of inflation and its potential impact, the influence of BlackRock and state involvement in Bitcoin, and future Bitcoin adoption. - - - - One of the hot topics at the North American Bitcoin Summit was the speculation surrounding the approval of Bitcoin ETFs by the SEC. I was fortunate to be able to have a new interview with Valkyrie Investments CIO Steven McClurg, who provided insight into the SEC's decision-making process, how the SEC will likely batch the approval of ETFs, the role of BlackRock in changing the SEC's stance, and the impact of the speculation on Bitcoin's price.Our conversation moved on to cover the US government's debt and its impact on the economy. The elephant in the room is the increasing pressure debt servicing applies to the US government finances, particularly in the wake of interest rate rises. Steve focused on the concern that the government seems to have little political incentives to solve the debt problem, as politicians are focused on getting reelected rather than addressing long-term issues.We discussed the compounding effect of inflation, and how even a small increase in inflation can have significant consequences over time. The rising costs of groceries, fuel, and housing, are materially affecting people's ability to invest and save. Whilst we are veterans of believing Bitcoin provides financial protection, it seems like prominent financiers such as Larry Fink, BlackRock's CEO, are also considering Bitcoin as a solution to the current economic situation.The podcast concluded with a discussion on the potential for government investment in Bitcoin. We speculated on the amount of Bitcoin owned by El Salvador and its potential value. We touched on the seizure of Bitcoin by US police and how the government has dealt with these seizures. Finally, Steve and I talked about whether other countries are likely to be acquiring Bitcoin. It may be very soon that all countries realise that they don't have enough! - - - - This episode's sponsors:Iris Energy - Bitcoin Mining. Done Sustainably Bitcasino - The Future of Gaming is hereLedger - State of the art Bitcoin hardware walletWasabi Wallet - Privacy by defaultUnchained - Secure your bitcoin with confidenceOrange Pill App - Stack friends who stack sats-----WBD738 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Yelena Shulyatyeva, Senior US Economist at BNP Paribas and Bloomberg News Economics Reporter Steve Matthews discuss the impact of the October jobs report on Fed policy. Julia Pollak, Chief Economist at ZipRecruiter, also talks about the jobs report and labor market trends she is seeing from their New Hires Survey. Bloomberg News Legal Reporter Ava Benny-Morrison and Steven McClurg, CIO of Valkyrie Investments, share their thoughts on how the SBF guilty verdict could impact the crypto market. Keefe Harrison, CEO of The Recycling Partnership, discusses America Recycles Day and efforts to improve recycling in the US. Bloomberg Businessweek Editor Joel Weber and Businessweek Global Economics Editor Cristina Lindblad discuss stories from the New Economy Issue of Businessweek Magazine.Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Yelena Shulyatyeva, Senior US Economist at BNP Paribas and Bloomberg News Economics Reporter Steve Matthews discuss the impact of the October jobs report on Fed policy. Julia Pollak, Chief Economist at ZipRecruiter, also talks about the jobs report and labor market trends she is seeing from their New Hires Survey. Bloomberg News Legal Reporter Ava Benny-Morrison and Steven McClurg, CIO of Valkyrie Investments, share their thoughts on how the SBF guilty verdict could impact the crypto market. Keefe Harrison, CEO of The Recycling Partnership, discusses America Recycles Day and efforts to improve recycling in the US. Bloomberg Businessweek Editor Joel Weber and Businessweek Global Economics Editor Cristina Lindblad discuss stories from the New Economy Issue of Businessweek Magazine.Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

IN THIS EPISODE, YOU'LL LEARN:00:00 - IntroThe Current Bull Market in Bitcoin - what's driving itThe DTCC Website listing various Bitcoin ETFsWill the Bitcoin ETF even bring new interest to BitcoinWhat is happening in the treasury market right nowWhat's the broader implications of the treasury market movesOilPBOC Liquidity injections and overall outside influences to liquidityBOOKS AND RESOURCESJoe's Legal Practice.Steven's company Valkyrie.Jeff's Investment Firm.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.Help us understand our audience better so we can create a more intentional user experience by answering this survey!SPONSORSInvest in Bitcoin with confidence. Get $5 in Bitcoin when you invest $100 with River.Start, run, and grow your business without the struggle. Be in control of every sales channel with Shopify. Sign up for a $1 per month trial period today.Invest in some of the top private, pre-IPO companies in the world with Fundrise.Learn how Principal Financial can help you find the right benefits and retirement plan for your team today.Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.Beat FOMO and move faster than the market with AlphaSense.Choose Toyota for your next vehicle - SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.Get the benefits of portfolio diversification AND optimize your retirement strategy by minimizing your tax burden with funds from tax-advantaged retirement accounts. Start investing in alts with Alto today.Be confident that you'll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.Earn more where your business spends the most with American Express Business Gold Card! Enjoy 4x Membership Rewards points, Up to $395 in annual statement credits on eligible business purchases, flexible spending capacity, and access to 24/7 support!Reach the world's largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance for free.Feed your body the nutrients it craves with Ka'Chava, an all-in-one, plant-based superblend made up of superfoods, greens, plant proteins, antioxidants, adaptogens, and probiotics! Get 10% off on your first order today!Send, spend, and receive money around the world easily with Wise.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Bitcoin ETF can be approved any day, Matthew Hougan (Bitwise) and Steven McClurg join me to discuss how the approval process will look like and who will know it the first. Join if you want to be the first one to learn when BItcoin Spot ETF is approved.  Matthew Hougan: https://twitter.com/Matt_Hougan Steven McClurg: https://twitter.com/stevenmcclurg ►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEK DAY!

Let's breakdown Gensler's testimony and discuss the fate of Bitcoin ETFs, which now looks doomed. Join my special guests Matt Hougan, Bitwise, Steven McClurg, Valkyrie, and my Thursday markets guy Dan The Chart Guy!  Matt Hougan:https://x.com/Matt_Hougan Steven McClurg: https://x.com/stevenmcclurg Dan The Chart Guy: https://youtube.com/@ChartGuys ►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEK DAY!

IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro-What is currently happening with SBF going back to jail-What is the status and impact of the SEC Vs GBTC lawsuit on a Bitcoin ETF-What is happening in global Fixed Income-Where are we at in the current credit cycle-Is energy getting ready to break-out?-What happens with Bitcoin into the end of the year?BOOKS AND RESOURCESJoe Carlasare TwitterJoe's Legal PracticeSteven McClurg's TwitterSteven's company ValkyrieJeff Ross's TwitterJeff's Investment Firm NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today! SPONSORSInvest in Bitcoin with confidence on River. It's the most secure way to buy Bitcoin with 100% full reserve custody and zero fees on recurring orders.If you're aware you need to improve your bitcoin security but have been putting it off, Unchained Capital's Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.Reach the world's largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance for free.Send, spend, and receive money around the world easily with Wise.Beat FOMO and move faster than the market with AlphaSense.Choose Toyota for your next vehicle - SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.Be confident that you'll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.Start, run, and grow your business without the struggle. Be in control of every sales channel with Shopify. Sign up for a $1 per month trial period today.Return to the all-access world of the rich and powerful. Don't miss new episodes of Billions streaming August 11th on the Paramount Plus with Showtime plan.Look good and feel good with True Classic's range of summer essentials, crafted with premium quality fabrics at an accessible price. Get 25% off today with the code WSB.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Crypto Town Hall is a daily Twitter Spaces hosted by Scott Melker, Ran Neuner & Mario Nawfal. Every day we discuss the latest news in the crypto and bring the biggest names in the crypto space to share their opinions. ►►OKX Sign up for an OKX Trading Account then deposit & trade to unlock mystery box rewards of up to $60,000! 

Join Steven McClurg, Dave Weisberger, Caleb Franzen, David Bailey, James Seyffart, and others as we discuss the biggest news of crypto - BlackRock's application for the Bitcoin ETF, and the rumors that Fidelity is planning to apply for the Bitcoin ETF as well. Crypto Town Hall is a new daily Twitter Spaces hosted by Scott Melker, Ran Neuner & Mario Nawfal. Every day we discuss the latest news in the crypto and bring the biggest names in the crypto space to share their opinions. ►►OKX Sign up for an OKX Trading Account then deposit & trade to unlock mystery box rewards of up to $60,000! 

Live panel with Noelle Acheson, Dan Gunsberg and Steven McClurg.  ►►OKX Sign up for an OKX Trading Account then deposit & trade to unlock mystery box rewards of up to $60,000! 

Today's guests are: Aya Kantorovich (Fractal), Steven McClurg (Valkyrie), Matthew Sigel (VanEck), and Matt Hougan (Bitwise). https://twitter.com/aya_kantor https://twitter.com/matthew_sigel https://twitter.com/matt_hougan https://twitter.com/stevenmcclurg ►►THE DAILY CLOSE BRAND NEW NEWSLETTER! INSTITUTIONAL GRADE INDICATORS AND DATA DELIVERED DIRECTLY TO YOUR INBOX, EVERY DAY AT THE DAILY CLOSE. TRADE LIKE THE BIG BOYS.

Bitcoin ETFs have become an important subject that divides opinions. In this episode of Hashing It Out with Elisha (GhCryptoGuy), Valkyrie chief investment officer Steven McClurg explains how Bitcoin ETFs (futures, spot and mining) work and provides insights on the current regulatory environment for Bitcoin ETFs in the United States.Follow Cointelegraph on Twitter: @CointelegraphCheck out our guest on Twitter:  Steven McClurgFollow the host on Twitter: @ghcryptoguy, or connect with him on LinkedIn: Elisha (GhCryptoGuy)Cointelegraph's website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants' alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast's participants may or may not own any of the assets mentioned.Follow Cointelegraph on Twitter: @CointelegraphFollow the host on Twitter: @ghcryptoguy, or connect with him on LinkedIn: Elisha (GhCryptoGuy)Cointelegraph's website: cointelegraph.comThe views, thoughts, and opinions expressed in this podcast are its participants' alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast's participants may or may not own any of the assets mentioned.

Preston Pysh sits down with Steven McClurg, who's the CIO at Valkyrie, and just an all-around brilliant macro thinker, to talk about the multiple bank failures, what it meant for the broader economy, Bitcoin, and more.IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro03:03 - What are the three things the FED is currently considering?26:15 - Why Silvergate, Signature, and Silicon Valley Bank are different than many other banks?31:29 - What rules from the Global Financial Crisis are currently impacting regional banks?52:26 - Is there a concerted effort by Wall Street and the government to remove onramps to Bitcoin exchanges?54:36 - Steven's thoughts on Custodia's bank application with the FED being denied.57:00 - What's going to happen with the GBTC suit with the SEC with respect to the ETF application?01:05:29 - What impact has paper bitcoin had on the market to date and Steven's expectation into the future?Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESSteven McClurg's Twitter.Steven McClurg's Company Valkyrie.Peter McCormack's interview with the GBTC CEO.Related episode: Listen to BTC112: Bitcoin Macro Mastermind 1st Q 2023 w/ Joe Carlasare, Steven McClurg, & Jeff Ross, or watch the video.Related episode: Listen to BTC088: FED Policy, Bitcoin Etfs, & Euro Dollar Impacts w/ Steven McClurg, or watch the video.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSHave peace of mind knowing River holds Bitcoin in multi-sig cold storage with 100% full reserves.If you're aware you need to improve your bitcoin security but have been putting it off, Unchained Capital's Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.Easily diversify beyond stocks and bonds, and build wealth through streamlined CRE investing with EquityMultiple.Get the professional support you need to prepare for your future career with UBC Sauder School of Business.Have Commonwealth Private's Private Bankers take the time to understand your goals and tailor solutions that create less for you to do and more for you to enjoy.Set, track, and manage your financial goals as your life evolves with Scotia Smart Investor.Let an expert do your taxes from start to finish so you can relax with TurboTax.Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD today.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

IN THIS EPISODE, YOU'LL LEARN:00:00 - intro 01:37 - What's the mastermind's thoughts on FTX and SBF?10:22 - What's happening with Gemini, DCG, Genesis, & GBTC?14:37 - What's the group's thoughts on Binance?15:04 - Why is a risk assessment of counterparts risk so important?15:04 - Thoughts on liquidity and how to use it to understand volatility limits.22:30 - An overview of Fixed Income Markets and High Yield Debt.41:39 - Thoughts on inflation and what it might trend towards in 2023.58:16 - The 30-year versus the 3-month and what that means for FED policy moving forward.01:15:46 - Is China demand coming back online?01:25:33 - What potentially causes a final capitulation for this cycle (will there even be one)?01:31:05 - What to expect from the price of Bitcoin in 2023.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESJoe Carlasare's Twitter.Steven McClurg's Twitter.Jeff Ross's Twitter.Joe's legal practice.Steven's Valkyrie Investments.Jeff's Investment Management Fund: Vailshire Capital.Related Episode: Listen to Bitcoin Mastermind Discussion w/ Joe Carlasare, Jay Gould, & Jeff Ross - BTC078 or watch the video.Related Episode: Listen to Bitcoin Round Table w/ Joe Carlasare, Jeff Ross, and Jay Gould - BTC070 or watch the video.Related Episode: Listen to FED Policy, Bitcoin ETFs, & Euro Dollar Impacts w/ Steven McClurg – BTC088 or watch the video.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia's first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Get personalized, expert advice that helps you see things clearly with ATB.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Guess less and sell more with the Number 1 email marketing and automation brand, Intuit Mailchimp.Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today.Send, spend, and receive money around the world easily with Wise.Thanks to rising interest rates artificially driving down the prices of even the best assets, Fundrise expects 2023 to be one of the most opportune real estate investing environments of the last decade. Take advantage of this unique investing environment.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Steven McClurg is a Co-Founder of Valkyrie Investments. In this interview, we discuss the causes of the crypto crash of 2022 and the effects seeping into 2023. We talk about Genesis, GBTC and Valkyrie's proposal; how over-leverage and debt are leading to a breaking point; the positives of political chaos, and how Bitcoin could have bottomed out. - - - - “In a risk-off environment, Bitcoin definitely goes down, there's no doubt about it.” That was Steve McClurg being interviewed on What Bitcoin Did in October 2021. Since then we've witnessed the biggest players in the market going bankrupt one after another in the biggest domino toppling event the ecosystem has ever seen. It is therefore more than timely to unpick what happened with one of those who foresaw problems and who manages one of the investment vehicles not having to charter chapter 11 proceedings. Steve himself admits to being surprised at the scale of the events that have occurred in 2022. The extent of recklessness, greed and criminality has shocked us all. But, there were warning signs. The amount of yield on offer was eye-watering, particularly in the context of a fiat monetary system when lending returns were negligible. This was the canary in the coal mine. The fact that there was no meaningful borrowing market on the other side of these trades seems obvious in hindsight. However, the scale of over-leverage and rehypothecation was able to hide problems until the moment systemic collapse had become all but inevitable. The question is, therefore, what now? Are some of the large funds still locked into active investment vehicles, such as GBTC, still safe? What can we do to protect the industry from such malign actions in the future, or, are crashes like these inevitable? And what about Bitcoin? Has its price bottomed out? Can it yet return as an investment vehicle for the masses? It's time to ask someone at the coal face.

“Bitcoin goes in four-year cycles based on halving, and I'm sure two years from now when everything is fine again, and prices go up again, people are going to get excited, they're going to get greedy, and they're going to pump things up on leverage. And I hope people remember this point in time and say, okay, stop, cut it out…leverage isn't bad, over leverage is bad.”— Steven McClurgSteven McClurg is a Co-Founder of Valkyrie Investments. In this interview, we discuss the causes of the crypto crash of 2022 and the effects seeping into 2023. We talk about Genesis, GBTC and Valkyrie's proposal; how over-leverage and debt are leading to a breaking point; the positives of political chaos, and how Bitcoin could have bottomed out.- - - - “In a risk-off environment, Bitcoin definitely goes down, there's no doubt about it.” That was Steve McClurg being interviewed on What Bitcoin Did in October 2021. Since then we've witnessed the biggest players in the market going bankrupt one after another in the biggest domino toppling event the ecosystem has ever seen. It is therefore more than timely to unpick what happened with one of those who foresaw problems and who manages one of the investment vehicles not having to charter chapter 11 proceedings. Steve himself admits to being surprised at the scale of the events that have occurred in 2022. The extent of recklessness, greed and criminality has shocked us all. But, there were warning signs.The amount of yield on offer was eye-watering, particularly in the context of a fiat monetary system when lending returns were negligible. This was the canary in the coal mine. The fact that there was no meaningful borrowing market on the other side of these trades seems obvious in hindsight. However, the scale of over-leverage and rehypothecation was able to hide problems until the moment systemic collapse had become all but inevitable.The question is, therefore, what now? Are some of the large funds still locked into active investment vehicles, such as GBTC, still safe? What can we do to protect the industry from such malign actions in the future, or, are crashes like these inevitable? And what about Bitcoin? Has its price bottomed out? Can it yet return as an investment vehicle for the masses? It's time to ask someone at the coal face.- - - - This episode's sponsors:Gemini - Buy Bitcoin instantlyLedn - Financial services for Bitcoin hodlersBitcasino - The Future of Gaming is hereFidelity - Careers in cryptoLedger - State of the art Bitcoin hardware walletWasabi Wallet - Privacy by default-----WBD603 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

FTX-Binance drama explained. Special guests: Dave Weisberger, Edan Yago, Tom Dunleavy, Steven McClurg.  Dave Weisberger: https://twitter.com/daveweisberger1 Edan Yago: https://twitter.com/EdanYago Tom Dunleavy: https://twitter.com/dunleavy89 Steven McClurg: https://twitter.com/stevenmcclurg ►► JOIN THE FREE WOLF DEN NEWSLETTER https://www.getrevue.co/profile/TheWolfDen  GET UP TO A $8,000 BONUS IN USDT AND TRADE ALL SPOT PAIRS ON BITGET FOR ZERO FEES! ►► https://thewolfofallstreets.info/bitget   Follow Scott Melker: Twitter: https://twitter.com/scottmelker  Facebook: https://www.facebook.com/wolfofallstreets   Web: https://www.thewolfofallstreets.io  Spotify: https://spoti.fi/30N5FDe  Apple podcast: https://apple.co/3FASB2c  #FTX #Binance #Crypto The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.

Thursday's live panel is back! Special guests: 1. Jeff Booth, author, entrepreneur, and technology leader: https://twitter.com/JeffBooth 2. Tom Dunleavy, senior research analyst at Messari: https://mobile.twitter.com/dunleavy89 3. Steven McClurg, CIO and co-founder at Valkyrie: https://twitter.com/stevenmcclurg ►► Get 20% off on your ticket to W3BX. Use my code: WOLF20. Register here: http://web3expo.live/  ►► JOIN THE FREE WOLF DEN NEWSLETTER https://www.getrevue.co/profile/TheWolfDen  GET UP TO A $8,000 BONUS IN USDT AND TRADE ALL SPOT PAIRS ON BITGET FOR ZERO FEES! ►► https://thewolfofallstreets.info/bitget   TRADE ON THE WORLD'S BEST DEX, BULLISH: ►► https://thewolfofallstreets.info/bullish/youtube  Follow Scott Melker: Twitter: https://twitter.com/scottmelker  Facebook: https://www.facebook.com/wolfofallstreets   Web: https://www.thewolfofallstreets.io  Spotify: https://spoti.fi/30N5FDe  Apple podcast: https://apple.co/3FASB2c  #Bitcoin #Crypto #Trading The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.

IN THIS EPISODE, YOU'LL LEARN:Steven's quick lesson on the bond market.How should people think about the securitization of lending?How banks are dependent on credit duration on their balance sheet.Steven's opinions on what to expect from the FED.Steven's thoughts on oil moving forward.At what point does the FED have to reverse course?Steven's thoughts on the inverted bond yield curve.Why are we seeing banks starting to buy homes?What's the difference between trust, futures ETFs and Spot ETFs?Is the SEC not approving an ETF to prevent dollars from leaving the system?Steven's thoughts on the Euro Dollar system.BOOKS AND RESOURCESSteven McClurg's Twitter.Steven's Company Valkyrie.Use Keeper Security's enterprise password management platform to enforce strong passwords and to make it easy for your teams to securely share credentials.Take the next step in your working-life or get ready for a change, by being a Snooze franchise partner. To learn more, head to Snooze.com.au and scroll down the page for “franchising”.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One.Invest in high quality, cash flowing real estate without all of the hassle with Passive Investing.Get the most from your bitcoin while holding your own keys with Unchained Capital. Begin the concierge onboarding process on their site. At the checkout, get $50 off with the promo code FUNDAMENTALS.Get 50% off Remote's full suite of global employment solutions for your first employee for three months. Just visit remote.com and use promo code WSB.Reclaim your health and arm your immune system with convenient, daily nutrition. Athletic Greens is going to give you a FREE 1 year supply of immune-supporting Vitamin D AND 5 FREE travel packs with your first purchase.Our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Check out our favorite Apps and Services.Browse through all our episodes (complete with transcripts) here.New to the show? Check out our We Study Billionaires Starter Packs.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Steven McClurg is a Co-Founder of Valkyrie Investments. In this interview, we discuss how Steven called Bitcoin's top, watching the Fed for policy indications, protecting wealth against high inflation, how governments should fight inflation, supply chain issues, and inflation hedges. - - - - Today, US CPI data shows that rather than inflation slowing as had been expected, it continues to accelerate. Year-on-year inflation currently stands at 8.6% - the highest in 40 years. Prices in May alone rose by 1%. But maybe this wasn't a surprise for everyone. Janet Yellen, who previously characterised inflation as “transitory”, told Congress on Tuesday “inflation is really our top economic problem at this point and that it's critical that we address it.” This is happening across the world: the ECB plans a “gradual but sustained” path of interest rate rises; India may need to dampen growth to control inflation; in Turkey inflation is out of control. So, how bad could it get? The great inflationary period of the 1970s? Or could it be worse? Some commentators talk of extreme examples such as when hyperinflation tore the fabric of the Weimar republic apart. Most think this can't be a rational possibility: surely politicians and policy wonks are students of history and they'll stop spending. But yet, there is talk another $5-10 trillion could be printed. Whatever the outcome, we're entering a new paradigm in respect of the cost of living. Whilst there are opportunities in every market, the focus is turning to wealth protection ahead of wealth creation. Is this the time for Bitcoin? It has long been regarded by advocates as an inflation hedge. Yet, its current price performance would suggest otherwise. Maybe we need to recalibrate our understanding of what constitutes an inflationary emergency. Block's recent survey has shown a strong correlation between inflation rates and viewing Bitcoin as a safe haven: Argentina came out top with nearly 50% of respondents stating they saw Bitcoin as protection against inflation. At the time inflation was north of 40%; it's currently 58%.

“You watch the Fed very carefully: you analyse every word; you try to see where interest rates are going; you try to see what the Fed's doing. There's an old adage, don't fight the Fed.”— Steven McClurgSteven McClurg is a Co-Founder of Valkyrie Investments. In this interview, we discuss how Steven called Bitcoin's top, watching the Fed for policy indications, protecting wealth against high inflation, how governments should fight inflation, supply chain issues, and inflation hedges.- - - - Today, US CPI data shows that rather than inflation slowing as had been expected, it continues to accelerate. Year-on-year inflation currently stands at 8.6% - the highest in 40 years. Prices in May alone rose by 1%. But maybe this wasn't a surprise for everyone.Janet Yellen, who previously characterised inflation as “transitory”, told Congress on Tuesday “inflation is really our top economic problem at this point and that it's critical that we address it.” This is happening across the world: the ECB plans a “gradual but sustained” path of interest rate rises; India may need to dampen growth to control inflation; in Turkey inflation is out of control.So, how bad could it get? The great inflationary period of the 1970s? Or could it be worse? Some commentators talk of extreme examples such as when hyperinflation tore the fabric of the Weimar republic apart. Most think this can't be a rational possibility: surely politicians and policy wonks are students of history and they'll stop spending. But yet, there is talk another $5-10 trillion could be printed.Whatever the outcome, we're entering a new paradigm in respect of the cost of living. Whilst there are opportunities in every market, the focus is turning to wealth protection ahead of wealth creation. Is this the time for Bitcoin? It has long been regarded by advocates as an inflation hedge. Yet, its current price performance would suggest otherwise.Maybe we need to recalibrate our understanding of what constitutes an inflationary emergency. Block's recent survey has shown a strong correlation between inflation rates and viewing Bitcoin as a safe haven: Argentina came out top with nearly 50% of respondents stating they saw Bitcoin as protection against inflation. At the time inflation was north of 40%; it's currently 58%. This episode's sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesBitcasino - The Future of Gaming is hereCasa - The leading provider of Bitcoin multisig key security.Ledger - State of the art Bitcoin hardware walletCompass Mining - Bitcoin mining & hostingCake Wallet - Open-source privacy focused Bitcoin walletBCB Group - Global digital financial Services-----WBD512 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Bitcoin Policy Institute w/ Matthew Pines In this week's episode of Bitcoin Bottom Line, hosts Steven McClurg and C.J. Wilson are joined by guest Matthew Pines, a managing consultant at Krebs Stamos and National Security fellow at the Bitcoin Policy Institute. Wilson begins by asking Matthew, “What is the discovery path to Bitcoin?” To that, Pines describes the increase in “tangible action taking place across various government agencies.” McClurg asks from the perspective of Bitcoin; “which countries do we see as a potential threat to bitcoin being a global digital currency? Which countries are really embracing it more,... where does the U.S. fall on the spectrum of support?” Pines responds that “The United States is a remarkably pro-bitcoin place, and while the policy action and social media hostility tends to get a lot of attention… if you kind of look at where the conversation was 2 or 3 years ago and compare it with today, the trend has been uniformly positive”. Wilson then asks about Europe, and “if there is more room to improve Bitcoin policy there,” to that Matthew explains “one thing that makes it unique is it is an economic union but not a political union… the euro is a new thing, it has only been around for like 30 years, not that much longer than bitcoin has been around, so they have a lot of vested political interest in the success of the Euro.” He adds, “They have a much more acute sense of currency as a political unifying entity, and anything that could come in and chip away at that is going to be inherently regarded suspiciously.” Wilson asks about Matthew's work with the Bitcoin Policy Institute, which is as he describes, “got together to put out more rigorous, thoughtful, fact based research analysis on bitcoin specific related policy issues to help inform the conversation and also to provide resources… to help inform policy decisions” McClurg furthers this thread by asking about the narrative that has been attributed to bitcoin's energy consumption, and “what they (BPI) are doing to combat that narrative” Pines explains “you can rebut it with arguments but you ultimately need data, to look at what is happening on the ground… and investigate the claim empirically…” he goes on to say, “Bitcoin mining companies investing millions of dollars in operations in states around the country with job creation and tangible impacts across the grid, that is a more enduring story that is by definition not refutable.” Listen to the full episode for more!

Our guest on Today's podcast is Steven McClurg, CIO and Co-Founder of Valkyrie Investment.  In today's episode of the Somi Arian Podcast Steve and I discuss the role of VCs in the Blockchain space, the institutional adoption of Crypto and whether decentralization should become a value that we adopt in society and whether DAOs could disrupt the VC model.  Steven has some great perspectives on these topics which I think you will also enjoy hearing.

This week on The Bitcoin Bottom Line, Co-hosts Steven McClurg and C.J. Wilson met with Harry Sudock, Vice President of Strategy and Management at GRIID Mining. This episode was filmed live at the Bitcoin 22 Conference in Miami, and the conversation was kicked off with a discussion on the friendliness of their fellow conference-goers. McClurg explained how there is a collective feeling of support between otherwise competitive businesses at the convention. The trio opens a discussion on the Bitcoin mining industry. After touching on the subject of competition in the mining space, Wilson asks, “How do you manage being all over the place?” Sudock explains how local the mining industry is, “There is a local contractor, a local electrician and a local group embedded at that level”. Sudock goes on to describe how working in rural areas is a great way to show that mining companies can help the community grow with large power deals. McClurg asks,“How can someone mine bitcoin on the side but still be in play with the big guys? How can you break in and participate in mining?” Sudock responds, “You can buy a rig and put it in your garage. Your margins are not going to be the same as a huge company, but you may be beating the larger companies on the price of exchange for bitcoin.” The trio discusses the perks of mining at home, and Wilson adds on how some cold weather universities should mine crypto and add S19's to heat their pools that they have so they can swim in the winter. Wilson states that water and power are the two things that define your quality of life. Hearing this, Sudock shares his belief that there is a spectrum. One side of the spectrum consists of the responsible ways to use electricity, such as running an MRI machine, while the other side consists of things that are irresponsible uses of energy, like Christmas lights, etc.. He explains that, at the moment, bitcoin is viewed as an irresponsible use of electricity, when it should be viewed as a responsible use of electricity because of its ability to help grow many rural places economically by providing them with large electricity deals. The trio goes on to discuss how mining is a large revenue stream in Bitcoin, the competition in the mining market, and more. Listen to the full episode! Don't miss another live taping from the Bitcoin 22 Miami Conference! #Bitcoin #BBL #Bitcoinbottomline #Valkyrie #Podcast #Bitcoinconference2022 #SharryZudoc #Griid !

Jameson Lopp, one of the foremost experts in bitcoin security, joins Steven McClurg and C.J. Wilson on this week's Bitcoin Bottom Line episode from an undisclosed location. Lopp is the co-founder and CTO of bitcoin security provider Casa. They kick off the episode discussing Lopp's anonymity, how he has been avoiding public appearances, and the importance of privacy for the role he plays in his field. The group talks about Casa, and how their security is so high that even if a wrench attack did happen, there's no way that could lead to any loss of funds or compromise for their clients. On the Casa website, they offer a “well security protocol”, consisting of up to 40 pages of in-depth explanations covering how they architected their product using multi-sig protocols, multiple manufacturers, hardware devices for keys, and figuring out how to distribute them geographically. “We don't want this to be a security through obscurity. An attacker should be able to completely understand our architecture and still not be able to do anything about it,” Lopp explains. McClurg brings up diversification and how it is one of the basic security strategies. He explains how Valkyrie receives questions about why we are using external services and hardware wallets, and his answer is always “diversification”. Lopp explains that in his opinion, “The only reason someone would use a custodian is if they are in a regulatory position where they are legally required to use a qualified custodian.” He goes on to explain how diversification can be a threat, and closes out offering his best pieces of security advice. Don't miss the full episode for more! #Bitcoin #BBL #Bitcoinbottomline #Valkyrie #Podcast

What are the current cryptocurrency prices and what is the bitcoin definition? Bitcoin Futures (/BTC) price fell to a new 52-week low. "UST lots its peg to the U.S. Dollar and dropped as low as $0.23 earlier this week. The plan to save UST saw Terra grow minted coins by 20-fold. LUNA created more than 99% to $0.10," says Steven McClurg. "Even the Tether cryptocurrency lost its peg to the U.S. Dollar,' he adds. Can crypto be an inflation hedge?

Professional Wrestler is Bullish On Bitcoin w/ Summer Rae This time, co-hosts Steven McClurg and C.J. Wilson are joined by horse racer, nascar driver, wrestler, and bitcoiner Summer Rae. She also holds an executive position at Hedge, a wire transfer program to set up your accounts so you can get paid in bitcoin. Rae is one of the top women in the WWE at the moment. She took a 5 year break due to an injury, and just returned at the Royal Rumble, taking a percentage of her winnings in crypto through Hedge. On an environmental note, they go on to discuss the hot topic of bitcoin mining, its efficiency, and how it works in terms of the Texas power grid specifically. In terms of our national energy usage, Rae says, “Bitcoin and bitcoin mining has helped increase awareness of renewable energy usage and how we can do a lot more.” The trio goes on to discuss dollar cost averaging, wrestling, athletes accepting paychecks in Bitcoin, and more. Listen to the full episode for more!

In this week's Bitcoin Bottom Line episode, Co-hosts Steven McClurg and C.J. Wilson are joined by guest Nick Hansen, CEO of Luxor, and Valkyrie's Head of Research Josh Olszewicz. Luxor is one of the top 10 bitcoin mining pools in the world. They have a Hash Rate Index, and through that they are aiming to provide great data about the mining ecosystem. In addition, they have an ASIC Index, and are just about to launch Energy Markets which tracks the value of energy over time, which they view as very integral to bitcoin mining. In addition to a suite of other products. Wilson says, “Hash rate is worldwide, machines are getting better every couple of years, and now there are new innovations because people like Luxor are getting involved with the firmware side” He goes on to ask, “How do you see growth in bitcoin mining in the next couple of years? Hansen explains that he doesn't see the consistent “all time highs” stopping, but the only thing that could stop that trend is international regulation and how the new hash rates in texas manages during the summer. The conversation naturally leads to one on energy, and Hansen explains how “Bitcoin mining is just an energy problem at the end of the day.” The group discusses immersion cooling on massive scales, some over 100 megawatts. For reference, Hansen explains that a single megawatt is probably one's entire neighborhood. Hansen goes on to explain, “Whether we like it as bitcoiners or not, ESG is here to stay. If you can lean into that in effective ways, you're going to make it way easier for yourself going forward to raise capital and tell the right story to the market. People who are leaning into ESG are going to be really effective about continuing to be on the forefront of this industry.” The group discusses sustainable energy, and Hansen defines sustainable as “lasting one thousand generations through solar, wind, and hydro”. He continues, “This brings us to a new energy future where energy is effectively free. The best part about bitcoin is that it incentivizes that and provides you the economic value to learn how to do those things.” Wilson explains how we as consumers struggle with sustainability since we love packaging. “The difference between bitcoin and many other items is that Bitcoin requires no packaging at all. Effectively, we've taken old shipping containers, a torch, and some chords and we've turned them into these multi-million dollar industries.” They go on to discuss firmware, hash rate hedging, out-of-the-box carbon capture techniques, and more. Closing out the episode, the group agrees that we have to do everything we can to protect bitcoin mining. Listen to the full episode for more!

On this episode of “Bitcoin Bottom Line,” hosts Steven McClurg and C.J. Wilson are joined by Josh Olszewicz from Valkyrie and Desiree Dickerson who has experience in the Bitcoin space in a nontraditional way. She is coming from Lightning Labs and is now CEO and Co-Founder of THNDR Games. Dickerson opens by sharing about THNDR Game's strategy for gaining new users. She states that many users have no background in crypto but have found some of their applications or have been referred by a current user. “Once they earn Bitcoin through one of the applications, they have an incentive to continue using the game and become a Bitcoiner.” #Bitcoin #Gaming #BBL Wilson states that he frequently gamed as a child and as he got older, he was more focused on beating other players instead of the game itself. He asks Dickerson if they are focused on single versus multiplayer games and if there are different levels of interest between age groups. Dickerson says that all of their games are single-player, but will have multiplayer abilities with coming updates. They get very positive feedback from esports and host an event almost every weekend. Dickerson believes “having a highly divisible asset allows for more equitable play in esports events... At the end of the day, pretty much everyone is winning .” As for the user's demographics, traditionally the largest audience is always white teenage boys, but mobile gaming is starting to change this. One of the fastest-growing demographics is women between the ages of thirty-five and fifty. One of these reasons is that “there is no longer a large barrier of entry to game. You do not have to buy a multi-hundred dollar console and pay for individual games, all you need is a smartphone which opens these games to a much larger demographic.” Sixty percent of the market is mobile games and with the diversity of the applications, they are going towards mass adoption. McClurg asks if THNDR Games will be at the Miami Bitcoin Conference 2022. Dickerson says that although they are still a smaller company we will be demoing all of our games at the conference. You can find all of their games and information on esports betting on the Bitcoin 2022 app under the games tab. There will also be a running ledger at the events of all the bets that are being placed on tournament participants. The group wraps up the episode by talking about a competition between McClurg and Wilson on THNDR Game's traditional snake game before the conference. Listen to the full episode!

On this episode of “Bitcoin Bottom Line,” hosts Steven McClurg and C.J. Wilson are joined by Josh Olszewics from Valkyrie. They open by discussing the new crypto executive order. Bitcoiners have been hearing about the possibility of a crypto related executive order over the past few months and many have been pulling coins off exchanges, coing-joining, and selling in preparation. After the release of the order, there was nothing that would majorly impact users and the price skyrocketed. Wilson asks for McClurg's perspective on if this is a positive or negative sign for the market. McClurg explains that anytime there is a sideways market and the macro perspective is not great but they have not yet gone down, the news cycle has complete control over the price. Historically, many people traded based on the news and it continues today. The trio goes on to discuss Senator Elizabeth Warren's letter to the United States Treasury. The letter stated how crypto could be used as a weapon against sanctions, especially in Russia. McClurg brings up how gas prices are not refutable; they are higher on the West Coast due to less efficient transportation. Only roughly three percent of all U.S. oil comes from Russia and the rest is from the Middle East, therefore it should not have a forty to fifty percent effect that has been seen over the last year. The reason for this increase is due to inflation as well as self-interest and lack of competition. “There is an opportunity to charge more, therefore they will.” McClurg states. Wilson adds in, “it goes back to Adam Smith's economic principles, if you eliminate competition then self interest goes up. Similarly, if you eliminate supply, then demand will increase because self-interest is tied to demand and creates consumer competition.” They circle back to discussing the executive order. Olszewics states that the order was tamer than anticipated and that it opens a door to start seriously talking about crypto. Wilson states that the fear was far greater than the reality. McClurg brings up the specifics from the executive order and says, “number one is to protect U.S. consumers and businesses, through which they are trying to reduce systematic risk... bitcoin will eventually look like real estate. It is property, not security and many other trade associations will make sure there is no fraud.” One of the other topics that he found interesting was, “promote U.S. leadership in technology and economic competitiveness, which is what individual states are attempting.” The group wraps up the episode by talking about politicians finally increasing their knowledge on cryptocurrency and the excitement to see one another in Bitcoin Miami.  

On this episode of “Bitcoin Bottom Line,” hosts Steven McClurg and C.J. Wilson are joined by congressional candidate Taylor Burks. #Bitcoin #Crypto #TaylorBurks  Burks grew up on a fifth generation cattle farm in Missouri. After graduating as a first generation college student, he joined the United States Navy over 15 years ago where he is now a Lieutenant Commander in the Reserves. Burks started hearing about Bitcoin around 5 years ago and has since been a proponent for the innovation of blockchain technology and Bitcoin in particular. Host Steven McClurg relates his similar experience, explaining how his grandparents never used banks, always kept cash, and therefore he also grew up with a mistrust of banks. “We don't need some big institution to take care of our finances for us. We want that independence, because we don't trust them to have our best interest at heart.” He continues, “Bitcoin is the ability to be independent from these macro factors that don't have the little guy at heart.” He goes on to describe how it allows immigrants to keep more of their hard earned wealth for themselves through remittances, and host C.J. Wilson explains how people are using Bitcoin as a savings technology, and not as a get-rich-quick scheme. “The way people hold Bitcoin today reinforces the idea that it's about independence. You can make a lot of money, but if you truly believe in bitcoin, you're holding it.” Burks says. McClurg explains, “There's either hard earned money, or it's found money. When you've actually had to work for the money, you understand that value. In Russia, a lot of people have worked very hard for the money that's sitting in their banks, and now all of a sudden they can't access it anymore. Do you trust that money belongs to you, or has any value any more?” Burks shares, “Bitcoin represents a concept of freedom that people who suffer from decisions far beyond their control really shouldn't have to, because they can access something like bitcoin now to protect themselves and their families.” When asked if Missouri has the chance to be a Bitcoin state, Burks explains how they have a few young legislators to create policies in a way where Bitcoin can be a part of their state lifestyle. He goes on to explain what that looks like. They go on to discuss inflation, technology in the agricultural sector, generational wealth, values, and more. Listen to the full episode!

On this episode of Bitcoin Bottom Line, host Steven McClurg is joined by Greg Foss and Josh Olszewics to discuss bonds. Steven and Greg met while being co-investors in the same company that is responsible for bringing ETFs into Canada. This company gave people in Canada comfort that a spot Bitcoin ETF will work and cannot be manipulated. #Bitcoin #Bonds #Investing #Crypto McClurg mentions that the last time he was with Greg they discussed gas flaring. Greg mentioned what had been happening in Alberta and shortly after, China decided to shut down all of its miners. McClurg asks how Foss has seen this progress in Canada. Foss states, “We do not have much flare gas in Canada. The US has more flare. We have 400 megawatts of power that are former peaking plants. They're located right along the TransCanada natural gas pipeline and we will be mining Bitcoin at those plants.” McClurg and Foss go on to discuss the two different Bitcoin audiences. The first is the intermediary audience, which consists of financial advisors and wirehouse platforms. The second being institutions. McClurg says, “Oddly enough, nobody wants to own Bitcoin directly.” Which is how both McClurg and Foss recommend owning Bitcoin. While Valkyrie was looking to productize Bitcoin rather than holding it directly in a product, they found that there were two ways to do it. “Number one was miners, but even that is relatively niche for a lot of the wirehouses. The ETF we launched in December is actually way more suitable for those people and those companies that hold Bitcoin in their balance sheet. They want the correlation to Bitcoin, but they don't want the miners, nor t to hold Bitcoin. I think a lot of these shops are a little too far off to still get there” says McClurg. McClurg states, “Life insurance is another area that you look at and are like ‘okay, well they are not going to hold Bitcoin directly.' They can't, but when it comes to junk bonds, life insurance agencies are governed by the rating agencies. These agencies determine how much capital they have to reserve against each one of their investments, which is why they are so filled up with investment rate bonds and treasuries even though it is technically a negative yield at the moment.” McClurg questions what the FED is going to do and what they are thinking. “They have never traded risk and they are always very backward looking. They are waiting for data from months ago to make decisions on what they can do a month from now that can affect the economy in two to three years.” Foss believes, “it is a true lack of understanding about how the markets work. You can job-own all you want, but at the end of the day when volatility exceeds thirty percent annualized in the equity market, that implies moves of plus or minus two percent average daily volatility. New issue markets and everything close when volatility is above thirty percent. Volume is creeping up and if new issue markets close, access to capital closes and growth stops.” He continues, “There are no returns left in bonds so everybody's pentiant is relying almost entirely on equities as a performance generator. If pentiant funds go into the underfunded status, there are going to be a lot of upset pensioners and an upset president.” Olszewics brings up that Bitcoin's decline is smaller than Nasdaq. Foss believes, “Bitcoin will be a long volatility asset...Bitcoin's insurance is essentially being short credit. When you have short credit, you have long volatility.” He continues that Bitcoin is the best asymmetric return opportunity that he has seen in his thirty years of managing risk. As the episode wraps up, McClurg and Foss return to discussing the FED. McClurg believes that there will be one rate hike. He predicts that the FED will do something in March and there will be two, maybe three rate hikes that the market will not be able to take. Foss says that high yield bonds are the worst investment he has seen throughout his years of managing risk and believes that all bonds are bad with the exception of volcano bonds. Foss ends the episode by telling listeners “sell your bonds and buy Bitcoin.” Listen to the full episode for more!

Host and Valkyrie CIO, Steven McClurg, met via livestream with five special guests, all experts in the Bitcoin space. Bitcoiner C.J. Wilson begins the round table discussion about the hopes and expectations of the new year. Wilson gives a short recap of the terrible flood attacks, adoption of Bitcoin from El Salvador, creation of the Bitcoin Football Club, as well as the action of mining reaching all-time highs during 2021. Justine Harper of Unchained Capital speculates that adoption will be a significant focus of 2022 after seeing notable institutions adopting Bitcoin, while Kristy-Leigh Minehan of OhGodAGirl discusses hash rates and mining. Minehan believes that this will be the year that some mainstream guys join the ASIC development business due to all of the mining moving into the United States after China's ban and the increased market saturation. Charlie Lee, Founder of Litecoin agrees with Harper and Minehan that the adoption of Bitcoin will be prominent this year. He discusses Tonga's interest in following El Salvador's plan of making Bitcoin legal tender and the potential of a Spot ETF. Peter McCormack of What Bitcoin Did discusses the benchmarks of the Bedford Bitcoin Football Club for 2022 and the focus on next season. One of the benchmarks will be commercial revenue proving that having an international base of Bitcoiners who support the team will allow a revenue model that matches lead clubs in the UK. Another benchmark will be strengthening the club's infrastructure, processes, and protocols to take a tenth division team through the leagues. McClurg speaks about the adoption of Bitcoin as payment by sports teams worldwide. Author, Jimmy Song, discusses releasing his third book and seeing a trend of Bitcoin as a political issue in current and future elections. Two democrats and three republicans in the Ohio senate race have all expressed positive thoughts on Bitcoin. Song speculates that 2022 will have positive effects on Bitcoin despite potential adversity. McClurg brings up the recent news that Rio De Janeiro is adding one percent of Bitcoin to its city treasury, similar to Miami. These two cities are now competing for forces with El Salvador. Wilson speculated that El Salvador would win due to its current Bitcoin infrastructure and commitment. McCormack asks the other's opinions on the pegasus software in El Salvador. He describes the issue of thirty activists and journalists having information compromised on their phones due to this state tracking software. A variety of authoritarian problems have occurred in El Salvador over the past eighteen months. He challenged whether we are being objective enough regarding this issue. Minehan states that the NSO group that created the Pegasus software was running a subsidiary of an American venture capital firm to create it. She has seen a trend of giving people a pause because they are in the Bitcoin community, which is happening in El Salvador. With the excitement surrounding them adopting Bitcoin, people are not paying attention to what is happening with the pegasus software. Over thirty percent of the IOS population had the pegasus software installed until the IOS 14.2 update. Song agrees and discusses the issue of tech companies having more information than they should. McClurg suggests looking at the issue from a macro perspective. He acknowledges what they are doing is bad, but they have been an authoritarian regime for a very long time. It takes time to become a democracy, and he believes that aspects of democracy and freedom will emerge into the government. Harper agrees that it is vital to be objective and that the people of El Salvador are benefiting from the financial freedom of implementing Bitcoin. However, she can see both sides of this issue. Lee believes that our focus should be on praising them for their implementation of Bitcoin because we ultimately cannot change what they are doing. Wilson talks about technology authoritarianism and if Bitcoin will fix de-platforming. There have been many instances of people getting banned from Twitter or Youtube for talking about Bitcoin. McCormack suggests that even with issues surrounding censorship, he does not believe that enough individuals would be willing to switch platforms to make an impact. The group discusses the potential of an app without censorship and the effect of current social media apps. They debate personal security issues and if individuals are willing to take extra precautions to ensure their mail's security. Minehan asks, “how do you monetarily incentivize running your own email server?” Song suggests that Bitcoin can help fix this issue due to the monetary incentives such as fees for running a lighting node. Lee believes that with microtransactions becoming more feasible, there is potential for solving this problem. As the podcast wraps up, McClurg congratulates his guests on their recent accomplishments and has high expectations for the new year, and looks forward to seeing everyone at Bitcoin 2022 in Miami.

Legend Charlie Lee, founder of Litecoin, joins hosts Steven McClurg and C.J. Wilson on the podcast this week to talk about Bitcoin and Litecoin. Lee shares his story about starting out in the crypto space by buying bitcoin at an ATH of $30 before it dipped to $2. Even after this dip, he bought more, explaining that the community didn't lose faith. He tells the hosts that back in the day, he used to buy bitcoin by meeting up with a stranger at a Starbucks or McDonalds with cash. However, he would wait there for the transaction to confirm which was around 10 minutes, but sometimes it would take up to an hour. He also shares that he's done cash-bitcoin transactions in bank lobbies and at the steps of police stations, where it felt like a drug transaction. “For certain people who aren't very technical, being on an exchange is safer,” Lee advises, “For people who are more technical, I would recommend they handle it themselves. For those who can't do it themselves, I recommend an ETF rather than buying coins and leaving it on an exchange.” Back in the day, Coinbase was making it easy for people to get into Bitcoin, which is why Lee joined them as an engineer and was one of the first five team members. Now, the exchange has grown to around 5,000 team members. In his time at Litecoin, Lee observed that, “90% of new users get in at the All-Time-Highs, and that's always been the case.” The hosts ask Charlie Lee about Litecoin, which he founded. McClurg compares Bitcoin to gold, and Litecoin to silver. Lee talks about how Bitcoin is almost perfect, except for the fungibility, so that is one thing he is focused on in terms of Litecoin's evolution. Lee shares how he always thought the 10 minute restriction to mine one block on the bitcoin blockchain was too conservative, and he wanted to create something faster. Litecoin is fast and cheap. Wilson states, “Bitcoin and cryptocurrency in general has been best oriented towards private transactions, even though they're peer to peer. Balancing that one-on-one, as opposed to the anonymity or pseudonymity is one of the coolest things that's happened.” He goes on to share how transacting in bitcoin at his car dealership works, and how it's the next development in the space. McClurg expresses how when people look at an 8% drop of Bitcoin and mention the volatility, he points out how fast the prices of cars, groceries, etc. are going up right now due to inflation or supply chain issues. “If that's not volatility, I don't know what is,” he says. “Right now Bitcoin is volatile, but in the long term, it will be less and less volatile,” Lee states, “Before we know it, the dollar will become a lot more volatile than Bitcoin.” The three close out the episode with continued conversations about the future of Litecoin, l “I put in extra effort to make it fair, where everyone had an equal chance to mine blocks. I, just like everyone else, had to mine the blocks.” Lee shares that pretty much all the code for Litecoin is forked from Bitcoin. The only thing Bitcoin didn't have was the code to create the Genesis Block, which Lee had to create himself for Litecoin. Just like what Satoshi did put a quote from a recent newspaper from the time of genesis, Lee did something similar in the Litecoin Genesis Block. Listen to the episode to find out more! Follow BBL on social media: Twitter: https://twitter.com/bitcoin_pod Youtube: https://www.youtube.com/channel/UCsXrv5Y360OaarCiUA5xSAA Instagram: https://www.instagram.com/bitcoinbottomline/ Follow our hosts: Steven McClurg: https://twitter.com/stevenmcclurg C.J. Wilson: https://twitter.com/str8edgeracer DISCLOSURE: The opinions presented herein are solely of the individual and not necessarily representative of Valkyrie Investments Inc. and their affiliates. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid, and there is a risk of total loss of your investment. Past performance is not indicative of future results.

Hosts C.J. Wilson and Steven McClurg kick off this episode with a fun new intro and some birthday wishes. McClurg shares his excitement about taproot, “Taproot is the biggest upgrade to the system in the last twelve years”. Wilson's birthday wish is for a point of sale and figuring out a way to use it as a method for onboarding more people at his car dealership, saving the percentage fees that come out of paying with USD. The hosts talk about Bitcoin related ETFs, and how they differ from cryptocurrency trusts. McClurg, CIO of Valkyrie Investments, shares the behind-the-scenes of the single asset trusts as well as how a Bitcoin Futures ETF has been able to come to market. According to McClurg, “The CME and Bitcoin futures are regulated by the CFTC, which gives the SEC comfort.” Wilson shares that “The SEC has approved bitcoin related instruments, regardless of if they are futures based or spot based, and that's really interesting. You can even get them through your broker”, and poses the question, “Is this the indicator for us seeing a flood of interest?” McClurg and Wilson migrate to a conversation about bonds, where McClurg shares that “If you're holding high yield (junk) bonds, you're losing money because of inflation… with zero upside”. He shares that not only has Bitcoin flipped Silver, but also the Swiss Franc. This shows that it is “coming off of being a speculative instrument, and it's moved to be less of a risk asset and more of an inflation hedge and a transactional instrument.” “When El Salvador made the announcement that they were to declare Bitcoin as their national currency in the spring of 2021, the amount of profound announcements that have come out since then in the sports industry, music industry, and politics is huge”, Wilson states. Wilson rides the wave of excitement, sharing that there are so many cool things that we haven't seen yet. Bitcoin might be at the “iPhone” stage, but not yet at the “App Store” stage. “I feel more bullish than ever now that these things keep happening.” The two hosts discuss how they pay their kids allowance in bitcoin, pay people back for lunch in bitcoin, and how they will buy art exclusively in bitcoin. In his closing remarks, McClurg advises, “Don't hold all your Bitcoin all in one place. Ledgers break. Exchanges get hacked. Things happen. You should really spread it out.” Follow BBL on social media: Twitter: https://twitter.com/bitcoin_pod Youtube: https://www.youtube.com/channel/UCsXrv5Y360OaarCiUA5xSAA Instagram: https://www.instagram.com/bitcoinbottomline/ Follow our hosts: Steven McClurg: https://twitter.com/stevenmcclurg C.J. Wilson: https://twitter.com/str8edgeracer DISCLOSURE: The opinions presented herein are solely of the individual and not necessarily representative of Valkyrie Investments Inc. and their affiliates. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid, and there is a risk of total loss of your investment. Past performance is not indicative of future results.  

In this informational episode, BBL host and Valkyrie CIO Steven McClurg invites Nasdaq's Head of ETPs Giang Bui to discuss ETFs and more. The two kick it off with a discussion about the process of getting an ETF up and launched. This process, lasting anywhere from 30 to 240 days, must go through several checkpoints set up by Nasdaq and the SEC to ensure all requirements are met for approval. Bui explains that if a product listing doesn't meet Nasdaq's generic listing standards, they must file a 19b4 with the SEC to seek their approval. “Issuers choose Nasdaq because our brands align so well with them in terms of innovation and driving to the market for the future. We support them from a regulatory standpoint, when a product is traded and listed from a capital market standpoint, as well as marketing and distribution”, Bui shares. “It was great to see one of the first Bitcoin related ETFs come to market the other week, and we are excited to be able to support Valkyrie as a first mover.” McClurg shares his past experience fighting for actively managed ETFs and having affiliated indexes. The frustrating process hurt the mutual fund industry and pushed a lot of mutual fund issuers into ETFs. They go on to discuss leveraged and inverse products, how Bui came to Nasdaq from the New York Stock Exchange, and if she thinks a Bitcoin Spot ETF will come to market in the next year. We want to be a bigger supporter for issuers and help navigate the regulatory framework for new and innovative products like things that Valkyrie is working on to come to market. They close out the episode talking about NFTs, musicians, comedy, Bitcoin 22, and some of the cool things Nasdaq has done in the past few months Follow BBL on social media: Twitter: https://twitter.com/bitcoin_pod Youtube: https://www.youtube.com/channel/UCsXr... Instagram: https://www.instagram.com/bitcoinbott... Follow our hosts: Steven McClurg: https://twitter.com/stevenmcclurg C.J. Wilson: https://twitter.com/str8edgeracer DISCLOSURE: The opinions presented herein are solely of the individual and not necessarily representative of Valkyrie Investments Inc. and their affiliates. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid, and there is a risk of total loss of your investment. Past performance is not indicative of future results.

This week on Bitcoin Bottom Line, co-hosts “Bitcoin Ambassador” C.J. Wilson and “Chart Master” Steven McClurg discuss the exciting, active times in the Bitcoin space. Wilson shares a behind-the-curtain peek into his recent meetings with Senator Ted Cruz and other key political figures about Bitcoin legislation. Wilson shares, “There are a lot of things that are happening between the Texas Blockchain Association and the values of independence found in Texan Bitcoiners.” In his meeting with Senator Cruz's office, Wilson heard about their efforts to push bitcoin as a currency to be used during small cash transactions, which parallels the original impetus for bitcoin to be used in everyday expenses. They have ideas to implement this through a program on vending machines called “Accept”. “As more people are dollar-cost-averaging into bitcoin, it proves to be a better and better asset for everybody involved”, Wilson shares. Steven McClurg shares his tendencies to HODL bitcoin, while also seeking out ways to spend it in order to promote the ecosystem. He goes on to say that “bitcoin is useful if people are actually using it for transactions”, drawing the idea from the Satoshi Whitepaper, entitled “Bitcoin: A Peer-to-Peer Electronic Cash System”. Wilson continues to share his experience in DC, expressing his predictions that states are going to start taking advantage of building their own legislation to become a “Pro-Bitcoin state”. Bringing it back to a few years ago, McClurg explains how “Wyoming was square one for states creating their own legislation and building an ecosystem, and Senator Lomis was at the forefront of that all along.” “We have about 6 or 7 critical years of these election cycles to make sure we don't have an uneducated senator or committee making rules that hamper American prosperity”, Wilson states. In the midst of lacking financial literacy education, Wilson also expresses that “Bitcoin is an anti-default technology since it's such a good form of capital, and one can sell if they need to, generally for more than they bought it for if they've held on to it for long enough. This could bail someone out of a fiscal problem.” Follow BBL on social media: Twitter: https://twitter.com/bitcoin_pod Youtube: https://www.youtube.com/channel/UCsXrv5Y360OaarCiUA5xSAA Instagram: https://www.instagram.com/bitcoinbottomline/ Follow our hosts: Steven McClurg: https://twitter.com/stevenmcclurg C.J. Wilson: https://twitter.com/str8edgeracer DISCLOSURE: The opinions presented herein are solely of the individual and not necessarily representative of Valkyrie Investments Inc. and their affiliates. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid, and there is a risk of total loss of your investment. Past performance is not indicative of future results.

CNBC's Bob Pisani spoke with Steven McClurg, CIO at Valkyrie Funds and Tom Lydon, CEO of ETF Trends. They discussed the world of crypto as more and more companies are jumping on the bitcoin futures ETF bandwagon, So far, the new trend has really taken off, so how can investors get in the game, and how might they look to bitcoin as a way to hedge against inflation? In the ‘Markets 102' portion of the podcast, Bob continues the conversation with Tom Lydon from ETF Trends.

Location: Nashville Date: Wednesday 29th September Company: Valkyrie Investments Inc Role: Co-Founder Mainstream economists consider a benchmark rate of 1-3% price inflation optimal to promote consumption and economic growth. However, as prices rise, savers lose purchasing power, and asset holders increase their net worth. Over the last 18 months, more than $5 trillion dollars have been created in the US alone, and legislation that would spend over $3 trillion more is under consideration. This increasing supply of money is driving prices higher. Today, Consumer Price Inflation has sustained a 30-year high of over 5%, and it may be threatening to go higher. So what happens next, and how does Bitcoin fit in? In this interview I talk to Steven McClurg, Co-Founder of Valkyrie Investments. We discuss the problems of rising inflation, fragility in equities and bonds, and if Bitcoin can serve as a hedge.

“If the government is printing 5% more dollars and they're using that money to do things, they have essentially taxed you with the money that you already have without you knowing it.”— Steven McClurgLocation: NashvilleDate: Wednesday 29th SeptemberCompany: Valkyrie Investments IncRole: Co-FounderMainstream economists consider a benchmark rate of 1-3% price inflation optimal to promote consumption and economic growth. However, as prices rise, savers lose purchasing power, and asset holders increase their net worth.Over the last 18 months, more than $5 trillion dollars have been created in the US alone, and legislation that would spend over $3 trillion more is under consideration. This increasing supply of money is driving prices higher.Today, Consumer Price Inflation has sustained a 30-year high of over 5%, and it may be threatening to go higher.So what happens next, and how does Bitcoin fit in?In this interview I talk to Steven McClurg, Co-Founder of Valkyrie Investments. We discuss the problems of rising inflation, fragility in equities and bonds, and if Bitcoin can serve as a hedge.This episode's sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.Ledger - State of the art Bitcoin hardware walletCompass Mining - Bitcoin mining & hosting-----WBD409 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

The tenth episode of Bitcoin Bottom Line consists of a fireside chat between host C.J. Wilson and Bitcoiner and podcaster Dennis Porter. They discuss Dennis' Bitcoin journey, his involvement in politics, educating no-coiners about Bitcoin, and much more.  Follow BBL on social media: Twitter: https://twitter.com/bitcoin_pod Youtube:https://www.youtube.com/channel/UCsXrv5Y360OaarCiUA5xSAA Instagram: https://www.instagram.com/bitcoinbottomline/ Follow our hosts and guest: Steven McClurg: https://twitter.com/stevenmcclurg C.J. Wilson: https://twitter.com/str8edgeracer Jimmy Song: https://twitter.com/jimmysong DISCLOSURE: The opinions presented herein are solely of the individual and not necessarily representative of Valkyrie Investments Inc. and their affiliates. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid, and there is a risk of total loss of your investment. Past performance is not indicative of future results. 

Author, clubhouse host, and Bitcoiner Jimmy Song joins hosts Steven McClurg and C.J. Wilson in episode 09 of Bitcoin Bottom Line to discuss religion and the production of his book, Thank God for Bitcoin. Follow BBL on social media: Twitter: https://twitter.com/bitcoin_pod Youtube:https://www.youtube.com/channel/UCsXrv5Y360OaarCiUA5xSAA Instagram: https://www.instagram.com/bitcoinbottomline/ Follow our hosts and guest: Steven McClurg: https://twitter.com/stevenmcclurg C.J. Wilson: https://twitter.com/str8edgeracer Jimmy Song: https://twitter.com/jimmysong DISCLOSURE: The opinions presented herein are solely of the individual and not necessarily representative of Valkyrie Investments Inc. and their affiliates. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid, and there is a risk of total loss of your investment. Past performance is not indicative of future results. 

In episode 08 of Bitcoin Bottom Line, hosts Steven McClurg and C.J. Wilson invite former Tennessee Titan and philanthropist Derrick Morgan to discuss impact investing. Aligning his capital with his values, Morgan makes investing with impact a priority not only in his financial portfolio, but his everyday life as well. Enjoy their discussion! Follow BBL on social media: Twitter: https://twitter.com/bitcoin_pod Youtube: https://www.youtube.com/channel/UCsXrv5Y360OaarCiUA5xSAA Instagram: https://www.instagram.com/bitcoinbottomline/ Follow our hosts: Steven McClurg: https://twitter.com/stevenmcclurg C.J. Wilson: https://twitter.com/str8edgeracer Derrick Morgan: https://twitter.com/dmorg91 DISCLOSURE: The opinions presented herein are solely of the individual and not necessarily representative of Valkyrie Investments Inc. and their affiliates. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid and there is a risk of total loss of your investment. Past performance is not indicative of future results.

Episode 07 of Bitcoin Bottom Line covers one of crypto's current hot topics- NFTs. Hosts Steven McClurg and C.J. Wilson bring on Malibu artist and Marketing Associate at Valkyrie Annie Little to offer her perspective on the value of art. Follow us on social media: Twitter: @bitcoin_pod Youtube: Bitcoin Bottom Line Instagram: @bitcoinbottomline Follow our hosts: Steven McClurg: @stevenmcclurg C.J. Wilson: @str8edgeracer Annie Little: annielittleco.com   DISCLOSURE: The opinions presented herein are solely of the individual and not necessarily representative of Valkyrie Investments Inc. and their affiliates. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid and there is a risk of total loss of your investment. Past performance is not indicative of future results.

In this episode of the Bitcoin Bottom Line, hosts Steven McClurg and C.J. Wilson discuss how to alter your portfolio allocation based on inflation, what the infrastructure bill means for bitcoin, and how legislative involvement plays a part in the bitcoin space. Follow us on social media: Twitter: @bitcoin_pod Youtube: Bitcoin Bottom Line Instagram: @bitcoinbottomline Follow our hosts: Steven McClurg: @stevenmcclurg C.J. Wilson: @str8edgeracer   DISCLOSURE: The opinions presented herein are solely of the individual and not necessarily representative of Valkyrie Investments Inc. and their affiliates. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid and there is a risk of total loss of your investment. Past performance is not indicative of future results.

In this episode of the 'œBitcoin Bottomline,' hosts Steven McClurg and C.J. Wilson discussed how to alter your portfolio allocation based on inflation, what the infrastructure bill means for Bitcoin and how legislative involvement plays a part in the Bitcoin space. This episode dove into the details of the proposed U.S. infrastructure bill, including providing perspective on the terminology in the bill. McClurg explained the term 'œbroker' and how the definition of the word in the new infrastructure bill differs from that of a crypto broker, using the example of a real estate broker. McClurg explained how bitcoin falls under the same rules as real estate, since it's considered by the IRS to be property and not currently viewed as a security by the U.S. Securities And Exchange Commission. He went on to say that in terms of the new bill, bitcoin 'œshould be an exemption, and I think it will be.' They later discussed Wilson's meeting with Senator Ted Cruz and his interest in Bitcoin, which was made possible by the actions that Bitcoiners have taken in outreach to political representatives to publicly speak on the matter.Inflation is on the rise, and McClurg gave some advice to listeners: 'œIt doesn't make sense to own bonds anymore,' he said. 'œOwning property, bitcoin, real estate, art, or any other kind of hard asset, those are the only things that can protect you from inflation that's coming.'Wilson touched on the 'œfreedom' and 'œfuture' aspects of Bitcoin. 'œWhatever you have in your bitcoin holdings today could potentially be a down payment for a house in the future,' he said.Wilson and McClurg closed out the episode with a conversation about how inflation might be worse than we thought. 'œYou're seeing people gobbling up all these hard assets that are saying '˜this is a special thing because it's unique.,' Wilson stated. McClurg shared another perspective, explaining how 'œnot everyone has the ability to plow into hard assets to protect themselves.' This begs the question: With the prices of houses and cars exponentially increasing, while wages stay relatively the same, how will the average American, living paycheck to paycheck, retire? Follow us on social media: Twitter: @bitcoin_pod Youtube: Bitcoin Bottom Line Instagram: @bitcoinbottomlineFollow our hosts: Steven McClurg: @stevenmcclurg C.J. Wilson: @str8edgeracerDISCLOSURE: The opinions presented herein are solely of the individual and not necessarily representative of Valkyrie Investments Inc. and their affiliates. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid and there is a risk of total loss of your investment. Past performance is not indicative of future results.

Steven and CJ are joined by Kristy-Leigh Minehan, one of the world's experts in mining. In this episode, they discus the changing bitcoin prices and challenges miners are currently tackling around the world. Follow us on social media: Twitter: @bitcoin_pod Youtube: Bitcoin Bottom Line Instagram: @bitcoinbottomline Follow our hosts: Steven McClurg: @stevenmcclurg C.J. Wilson: @str8edgeracer Follow our guest: Kristy-Leigh Minehan: @OhGodAGirl DISCLOSURE: The opinions presented herein are solely of the individual and not necessarily representative of Valkyrie Investments Inc. and their affiliates. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid and there is a risk of total loss of your investment. Past performance is not indicative of future results.

Steven and C.J. are joined by Justine Harper from Unchained Capital, discussing all things from farm animals to gold and finding common ground at the Bitcoin conference. Follow us on social media: Twitter: @bitcoin_pod Youtube: Bitcoin Bottom Line Instagram: @bitcoinbottomline Follow our hosts: Steven McClurg: @stevenmcclurg C.J. Wilson: @str8edgeracer Follow our guest: Justine Harper: @MsHodl DISCLOSURE: The opinions presented herein are solely of the individual and not necessarily representative of Valkyrie Investments Inc. and their affiliates. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid and there is a risk of total loss of your investment. Past performance is not indicative of future results.

Steven and C.J. chat GMC's consideration to add Bitcoin as a method of payment for vehicles in addition to a discussion around small business owners adding Bitcoin to their balance sheets. Follow us on social media: Twitter: @bitcoin_pod Youtube: Bitcoin Bottom Line Instagram: @bitcoinbottomline Follow our hosts: Steven McClurg: @stevenmcclurg C.J. Wilson: @str8edgeracer DISCLOSURE: The opinions presented herein are solely of the individual and not necessarily representative of Valkyrie Investments Inc. and their affiliates. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid and there is a risk of total loss of your investment. Past performance is not indicative of future results.

Steven and C.J. discuss current legislation in Panama to accept Bitcoin as legal tender. With special guests from Bitcoin Magazine, the discussion examines the potential of widespread Bitcoin adoption in the region and the global impact. Follow us on social media: Twitter: @bitcoin_pod Youtube: Bitcoin Bottom Line Instagram: @bitcoinbottomline Follow our hosts: Steven McClurg: @stevenmcclurg C.J. Wilson: @str8edgeracer DISCLOSURE: The opinions presented herein are solely of the individual and not necessarily representative of Valkyrie Investments Inc. and their affiliates. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid and there is a risk of total loss of your investment. Past performance is not indicative of future results.

Steven and CJ discuss El Salvador's decision to make bitcoin legal tender. They delve into the impact of cryptocurrency on emerging markets and the future implications of this groundbreaking decision. Follow us on social media: Twitter: @bitcoin_pod Youtube: Bitcoin Bottom Line Instagram: @bitcoinbottomline Follow our hosts: Steven McClurg: @stevenmcclurg C.J. Wilson: @str8edgeracer DISCLOSURE: The opinions presented herein are solely of the individual and not necessarily representative of Valkyrie Investments Inc. and their affiliates. There is no guarantee that any specific outcome will be achieved. Investments may be speculative, illiquid and there is a risk of total loss of your investment. Past performance is not indicative of future results.

Steven McClurg of Valkyrie Investments -- which has filed registration papers to create two different Bitcoin-related ETFs -- says that cryptocurrency shouldn't be seen as a replacement for gold and precious metals or as a store of value, but instead is growing into a way that transactions are being done around the world, and is starting to become something that corporations must invest in as part of their international trade. That maturation process, he says, will be helped along as regulators start to ease restrictions and allow more cryptocurrency funds into the market. Also on the show, Tom Lydon of ETFTrends.com makes a thematic dividend growth fund his ETF of the Week, Francesa Ortegren of Clever Real Estate discusses how Americans are struggling to make ends meet late in the pandemic, and Jonathan Smucker of Marietta Investment Partners talks top-down stock selection in the Market Call.

Location: Remotely Date: Tuesday 20th April Company: Valkyrie Role: CIO, Partner Since the Winklevoss applied for the first Bitcoin ETF in 2013, many Bitcoin ETFs have been filed and rejected. Since then, the Bitcoin market has matured, and with every rejection, those applying for ETFs gain more clarity on how one could eventually be approved.  While there have been successful filings of ETFs in Canada and Brazil, these are smaller markets, and an ETF in the US would be a game-changer. With a growing number of applications piling up and more and more of the SEC's objections becoming resolved, it seems inevitable that a US ETF will be approved. A Bitcoin ETF would unlock access and liquidity for a massive pool of individuals, pensions, and other institutions that are stuck waiting on the sidelines and offer an option to those who want to remain in the traditional financial rails but gain exposure to bitcoin.  The traditional investment world utilizes the security and established plumbing surrounding ETF vehicles to connect assets with IRAs, 401Ks, and even larger structures like endowment funds. In this episode, I talk to Steven McClurg and Jeff Kilburg from Valkyrie. We discuss why Bitcoin ETFs are a game-changer, pent up institutional demand, and how soon they are coming.

“Think of 10,000 people sitting outside the amusement park trying to get in, that’s the institutional investment community…that’s the next leg higher, that’s $100K Bitcoin.”— Jeff KilburgLocation: RemotelyDate: Tuesday 20th AprilCompany: ValkyrieRole: CIO, PartnerSince the Winklevoss applied for the first Bitcoin ETF in 2013, many Bitcoin ETFs have been filed and rejected. Since then, the Bitcoin market has matured, and with every rejection, those applying for ETFs gain more clarity on how one could eventually be approved. While there have been successful filings of ETFs in Canada and Brazil, these are smaller markets, and an ETF in the US would be a game-changer. With a growing number of applications piling up and more and more of the SEC’s objections becoming resolved, it seems inevitable that a US ETF will be approved.A Bitcoin ETF would unlock access and liquidity for a massive pool of individuals, pensions, and other institutions that are stuck waiting on the sidelines and offer an option to those who want to remain in the traditional financial rails but gain exposure to bitcoin. The traditional investment world utilizes the security and established plumbing surrounding ETF vehicles to connect assets with IRAs, 401Ks, and even larger structures like endowment funds.In this episode, I talk to Steven McClurg and Jeff Killburg from Valkyrie. We discuss why Bitcoin ETFs are a game-changer, pent up institutional demand, and how soon they are coming.This episode’s sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.Ledger - State of the art Bitcoin hardware wallet-----WBD337 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Steven McClurg is leading the race towards mainstream adoption of Bitcoin and the acceptance of an ETF. According to Steven, once an ETF is approved, institutional players will finally have a chance to put their reserves, investments, cash, and balance sheets into Bitcoin. This episode contains everything you need to know about the race for an ETF and institutional adoption. Scott Melker and Steven McClurg further discuss esoteric money management, emerging markets, structured credits, close-knit mutual funds, asset-backed securities, Tesla as a proxy to oil trading, the GBTC premium, family offices, endowments, insurance companies, and pensions exploring Bitcoin, the degradation of the dollar, 500k Bitcoin and more. ––– MONEY ON CHAIN Money On Chain brings Bitcoin to mass adoption with solutions to meet the needs of different types of users: a fully bitcoin-collateralized stablecoin (DoC), a bitcoin on steroids (BPro), and a dizzying bitcoiner option for lovers of leveraged trading (BTCx). All this, without requiring the delivery of private keys. Money On Chain - Bringing bitcoin into the mainstream. Visit moneyonchain.com/wolf to learn more --- VOYAGER This episode is brought to you by Voyager, your new favorite crypto broker. Trade crypto fast and commission-free the easy way. Earn up to 9.5% interest on top coins with no lockups and no limits. Download the Voyager app and use code “SCOTT25” to get $25 in free Bitcoin when you create your account. --- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe. This podcast is presented by Blockworks. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworks.co

Episode 44 of The Drunken Odyssey, your favorite podcast about creative writing, literature, and drinking, is npw available. This week, I talk to the poet and VIDA's co-founder Erin Belieau, Plus Julie Henderson discusses Clive Barker's The Thief of Always. Texts Discussed Notes Orlando Shakespeare Theater's Titus Andronicus runs through April 28. Pablo Neruda's body is being exhumed, after his poetry was last month desecrated by a Kentucky Senator. Ireland mints a James Joyce coin.  Textual scholars are already at work discrediting the text. Music for this week's essay provided by Steven McClurg.