This post originally appeared in Off The Chain, the daily newsletter that I send to institutional investors analyzing the crypto markets. You can click here to subscribe and receive it in your inbox every morning.
Every pension fund should buy Bitcoin.
The retirement of hundreds of millions of corporate and government employees around the world depends on these pension funds’ ability to pay the individual a set amount of money post-retirement. Unfortunately, many pension funds are facing a significant crisis — it does not look like they will be able to pay their future obligations.
The difference between the obligations and the resources allocated to pay them is actually widening. This is driven by a decreasing worker to retiree ratio. Workers pay into the pension fund (think of this as revenue for the pension fund) under the promise that the fund managers will grow the capital and be able to pay the employee’s pension post-retirement. Once an employee retires, they begin to draw their pension (think of this as expenses for the pension fund) and will continue to do so until they die. …
The following is a transcript of a conversation between Anthony Pompliano and Murad Mahmudov, one of the highest conviction Bitcoin Maximalists in the world, about what Bitcoin is, how it works, the importance of its deflationary monetary system, why all Fiat Currencies are doomed to fail, and how central banks and institutions should be thinking about Bitcoin.
You can find the recording here: Off The Chain Podcast: Anthony Pompliano and Murad Mahmudov
Anthony Pompliano: All right, guys, I am here with Murad. We are going to do our best to create a podcast episode that becomes the de facto episode you can send to people when they ask “What is BitCoin, and why is it important?” …
The crypto industry is complex. It requires an individual to understand technology, business, economics, law, and politics. Each of these concepts are tough to tackle by themselves, let alone under the context of a global, decentralized, digital world.
Fortunately, we have the internet. There is a seemingly unlimited amount of information available at our finger tips. These sources of information range from professional media outlets to meme-filled subreddits — if you are interested in something, there are people somewhere willing to talk about it.
Unfortunately, there is also a lot of inaccurate information as well. Whether it is a company’s financial performance, the behind the scenes actions of a leadership team, or even quantifiable metrics surrounding the performance of a piece of technology. We all see numbers, unverified reports, and “inside information” flying around the internet. …
Anthony Pompliano: All right, guys. We’re here with Michael. This is going to be a great episode. Michael, thank you so much for coming.
Michael Sonnenshein: Thanks for having me.
Pomp: Absolutely. Let’s just start with your background because you’ve been in this space for quite a while. I think people probably don’t know what you did pre-crypto.
Michael: Sure. So I started out as a banker. Spent time at Bank of America, Barclays, and most recently JP Morgan. And I was looking for a challenge. I wasn’t even necessarily looking for crypto. My seat at JP Morgan, I remember sitting there looking at CNBC at the corner of my office and seeing the Bitcoin price rallying 20% or 30% or 40% and CNBC freaking out about it. …
The following is a transcript of a conversation between Anthony Pompliano and Jake Chervinsky, who serves as Defense Counsel in U.S. government criminal investigation’s at Kobre & Kim, about Securities Law, accreditation standards, terrorism financing, the applications of the Howey Test to crypto, and why Blockstream may be the most important company in the industry.
You can find the recording here: Off The Chain Podcast: Anthony Pompliano and Jake Chervinsky
Anthony Pompliano: All right, guys, I’ve got Jake here. …
The following is a transcript of a conversation between Anthony Pompliano and Gabor Gurbacs, Director of Digital Asset Strategy at VanEck, where they discuss the ridiculous accreditation laws, Bitcoin and traditional ETFs, why regulators are currently concerned about crypto, and Gabor’s prediction for the growth of retail crypto projects.
You can find the recording here: Off The Chain Podcast: Anthony Pompliano and Gabor Gurbacs
Anthony Pompliano: All right guys. This is going to be an awesome episode. I’ve got Gabor here from VanEck and we’ve got a lot to cover. We’re going to touch on all things ETF, retail products, and some cool stories from your background. …
Frank Chaparro is a Crypto-Journalist currently at The Block, a global community for Crypto enthusiasts. He previously covered the intersection of Crypto on Wall Street in Business Insider.
In this conversation, Anthony Pompliano and Frank Chaparro cover the current state of Crypto Media, what it takes to develop sources, how you deal with sources who lie to you, what happened when the CFO of Goldman Sachs called Frank’s article fake news, and who the most important people in companies in Crypto are.
You can find the recording here: Off The Chain Podcast: Anthony Pompliano and Frank Chaparro
Anthony Pompliano: All right guys, here we go. We’ve got Frankie Scoops in the house today so let’s, let’s just get this thing popping right off the start. Thank you for coming. …
The following is a transcript of a conversation between Anthony Pompliano and Travis Kling, Founder and CIO at Ikigai Asset Management, about token structures, price movements and outlook, value accrual, the importance of BitMEX in Asian algorithmic Market Makers, and what needs to change for crypto to have sustainability.
You can find the recording here: Off The Chain Podcast: Anthony Pompliano and Travis Kling
Anthony Pompliano: Where did you grow up? Where did you go to school, education, and then what did you do pre-crypto?
Travis Kling: Yeah. Grew up in Texas, and growing up in Texas, I’ve been out of college for 10 years, and nine and half of that was in energy investing. …
The following is a transcript of a conversation between Anthony Pompliano and Michael Moro where they cover crypto market infrastructure, how Genesis grew so quickly, what OTC trading is, and when institutional money will enter the market.
You can find the recording here: Off The Chain: Anthony Pompliano and Michael Moro
Anthony Pompliano: 00:00 All right, guys, here with Michael from Genesis Trading. How are you doing today?
Pomp: 00:06 Awesome. We got a lot to cover today, but before we dive in, I think, probably, lots of people know about Genesis and some of the stuff you guys do but might not know as much about you personally, so maybe we could just start with your background, and then we can get into how you first discovered crypto. …
The following is a transcript of a conversation between Anthony Pompliano and Marty Bent where they cover all thing Bitcoin, crypto mining, and why hash rate is way more important than people give it credit for.
You can find the recording here: Off The Chain Podcast: Anthony Pompliano and Marty Bent
Anthony Pompliano: 00:00:00 So, Marty’s here. We got a bunch of stuff to talk through today. Before we get started on the smart people stuff, let’s just go through your background real quick, and how the hell you got into crypto.