Talk Your Book: Bitcoin Doesn't Know It's Price
Animal Spirits Podcast
The Compound
4.7 • 2.1K Ratings
🗓️ 13 February 2023
⏱️ 32 minutes
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| 0:00.0 | Today's Animal Spirits talker book is brought to you by Fidelity Digital Assets. |
| 0:03.8 | Go to FidelityDigitalAssets.com to learn more about how they work with advisors |
| 0:07.7 | and find some other research there as well. Again, that's FidelityDigitalAssets.com. |
| 0:12.0 | Welcome to Animal Spirits, a show about markets, life, and investing. |
| 0:16.7 | Join Michael Batnik and Ben Carlson as they talk about what they're reading, writing, and watching. |
| 0:22.9 | Michael Batnik and Ben Carlson work for RIT Holt's Wealth Management. |
| 0:26.4 | All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions |
| 0:30.9 | and do not reflect the opinion of RIT Holt's Wealth Management. This podcast is for informational |
| 0:35.4 | purposes only and should not be relied upon for investment decisions. Clients of RIT Holt's Wealth |
| 0:39.8 | Management may maintain positions in the securities discussed in this podcast. |
| 0:44.0 | Welcome to Animal Spirits with Michael and Ben on today's show. We speak with Jack Newwriter. |
| 0:48.8 | We spoke with Jack a couple of months ago in Boston. Ben, do you remember when that was? Was that October? |
| 0:54.8 | It was October, yes. We were joking about it. We thought that that was the crypto winter, |
| 0:58.8 | but that was before FTX fell apart. Oh, wait a minute. No, it wasn't. |
| 1:02.7 | It was. It was? Yes. That was before FTX fell apart. |
| 1:05.7 | Oh, it was like a week before actually. Was it October 10th? Yeah, yeah, right. You're right. |
| 1:10.4 | It was just before. I think the show ran a little later, but yeah, it felt like a crypto winter, |
| 1:14.4 | and that was before FTX had fallen. So things got even worse from there. |
| 1:18.8 | Yeah, you're right. I'm going to have to chart now. If we could have seen, |
| 1:22.6 | if somebody would have showed us the chart of Bitcoin in the future, we would have said, |
| 1:27.3 | well, what would we have said? What would you have guess blew up finance? |
| 1:31.5 | That's a good question. I don't know. Regardless, it was a tough year for crypto in general, |
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