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The Peter McCormack Show

Why Bitcoin is Failing with Kyle Samani from Multicoin Capital - WBD008

The Peter McCormack Show

Peter McCormack

Politics, Society, Markets, News, Society & Culture, Technology, Inflation, Finance, Economics, Government, Power, Bitcoin, Money

4.72.8K Ratings

🗓️ 16 March 2018

⏱️ 61 minutes

🧾️ Download transcript

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Transcript

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0:00.0

Welcome to the What Bit Bitcoin Did Podcast.

0:05.0

Hello, welcome to episode 8 of the What Bit Bitcoin Did

0:09.5

podcast. I'm your host Peter McCormack and I am a crypto trader and miner.

0:14.0

Thank you so much for all the great feedback I've had on the last two episodes with Charlie Lee and Laura

0:18.4

Shin and thank you to anyone who shared that out on social media because it really does help support the show.

0:24.4

This week I have an interview with Carl Somani from Cripto Hedge Fund multi-coin Cap.

0:30.1

I first became aware of Carl through some of it was quite blunt and challenging tweets around crypto and specifically Bitcoin.

0:36.6

He doesn't pull any punches. He will get out there and tell you exactly what he thinks,

0:40.7

even if it's not along with market sentiment. I find that quite refreshing.

0:45.0

I'd quite like the fact that he really doesn't put things out there just to make

0:49.3

friends and that he's willing to have a debate around the key and challenging subjects in crypto.

0:54.8

So with all the institutional money that's coming into the space, I really wanted to sit down with

1:00.1

them and have a chat about the things that affect him and their investment decisions around their fund.

1:06.0

Since we recorded the podcast, Multicoi Cap have announced they have closed a new round of investment from a pool of investors which include Mark Andreessen from Andreessen

1:14.8

Harrowitz. So I just want to give them a congratulations from me on that. And in other news,

1:20.5

market is pretty flat. Still haven't seen any sign of a positive recovery

1:25.0

from the Jan and Fairb crash. Bitcoin itself is trading sideways and most of

1:29.7

the alt market is pretty depressed so right now personally I'm just holding on and

1:34.4

riding this one out using patience as ever look if you want to support the show

1:39.2

there's a bunch of things you can do I do ask this every week because it really does help with

1:43.2

increasing the reach of the show so please do drop us review on iTunes if you think

1:47.8

it deserves a five star that would be really cool and really helpful you can

...

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