BTC121: Bank Failures & Bitcoin w/ Steven McClurg (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

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 - Intro

03:03 - 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 RESOURCES

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
• Steven 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.

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