This CEO is the most powerful person in crypto

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Business, News, Commodities, Debt, Investing, Macroeconomics, Gold, Personal, Uranium, Oil, Economics, Business News, Geopolitics, Industry, Crypto, Stocks, Curzio, Trading, Finance, Research, Investments, Tokens, Talk, Crisis

4.5 • 1.1K Ratings

🗓️ 12 January 2022

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

I’m back from the 2022 Consumer Electronics Show (CES)... and you might not believe some of the wild tech I saw showcased—from microchips for sexual health… to flying cars… to a thumb-sucking stuffed animal (as in… it sucks YOUR thumb). To see some of this tech yourself, check out my updates from the show on , , and our . [0:30] Inflation is at its highest level in 40 years… but the markets seem to be taking it in stride. Daniel and I discuss the market narrative around inflation—including JPMorgan CEO Jamie Dimon’s recent comments on the strength of the economy and consumer debt levels. [9:00] I share a great lesson on how to think about debt—based on a popular company that’s unfairly criticized for its debt. [11:40] Daniel shares why he’s looking to “boring” companies for the current market environment… Speaking of which, today’s recommendation is one of my favorite “boring” companies… but its growth story is more exciting than you might think. [15:53] With Bitcoin bouncing higher after dipping below $40,000, I’m more bullish than ever for crypto. That said, you’ve got to mitigate risk and manage the inherent volatility of the crypto markets. In , for example, we use smaller position sizes to build exposure over time. Daniel and I discuss one of our favorite portfolio holdings… and why I believe the company’s CEO is the most powerful person in crypto. [24:25] I close by pounding the table on why you must educate yourself on the crypto industry… and why is the best way to do it. [31:00]

Transcript

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0:00.0	Wall Street Unplug looks beyond the regular headlines, heard on mainstream financial media
0:06.9	to bring you unscripted interviews and breaking commentary direct from Wall Street, right
0:11.6	to you on Main Street.
0:12.9	How's it going up here?
0:16.9	It's January 12th.
0:17.9	I'm Frank Curzio, it's the Wall Street Unplug podcast where I break down headlines and
0:23.5	I'll tell you what's really moving these markets.
0:30.3	Lock going on today, get the CPI going a little nuts, just 10% from year to year.
0:37.8	Feg yesterday saying, going to be aggressive raising rates, going to cut back to the
0:42.0	bomb buying program, but it could take a while and not really a time frame in the market,
0:46.7	I guess.
0:47.7	So that is a positive.
0:49.8	So volatility in Bitcoin, where we saw the cryptocurrency for below 40,000 hit 39 and
0:57.6	then ricochet bounce off of that level and it was a reason why it bounced off of that
1:02.4	level.
1:03.4	There's someone that said it was going to bounce off that level and this person has probably
1:06.3	come one of the most powerful people in Bitcoin, which I'm going to go over all these stories,
1:10.2	bringing in the one and only Daniel Creech, see your research askers research is going
1:14.6	on man.
1:15.6	Good morning, Frank.
1:16.6	One and only.
1:17.6	I like that.
	...

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