Ginns: Tesla's Purchase Forced Corporate Boards to Consider Bitcoin
Seth Ginns · Crypto for Institutions 3: Seth Ginns – Investing Beyond Bitcoin (Capital Allocators, EP.182) · Mar 15, 2021 · at 48:50
Seth Ginns (CoinFund) evaluates the catalytic impact of corporate treasury adoption on institutional perception of Bitcoin.
0:00 / 0:41exact quote · 41.6s
720p mp4 · rendered on demand · StarZero watermark
“And then I think Elon, there's really a dynamic around Tesla's purchase, where if you were your typical board a few months ago, you were saying, do we really need to consider Bitcoin? This seems like a fringe dynamic. When Elon buys, it becomes, why aren't we considering Bitcoin? After he's proven so many people wrong, is such a, an inspiration for young engineers everywhere and kind of like the vision of where we can go with renewable energy and space and all of that. There's this forward thinking mentality where it's like, man, we need to at least sharpen our pencils and make sure this doesn't make sense. So I think that's really a game changer.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Seth Ginns
Ginns: Crypto Investing Now Functions Like Equities With Trackable Fundamentals
“Going from really supply demand dynamics for individual tokens to an investment paradigm that looks
Quite analogous to equities with fundamentals that you can track, you can run valuation metrics, and you can put price targets on various tokens and really use …”
Ginns: Crypto projects can reach $500M-$1B liquid value within six months
“And in crypto, the time from early stage to liquid is much shorter than an equity. So you can go from being this embryonic company to Being relevant in liquid crypto in six months and having a five hundred million or billion dollar network value.”
Ginns: Institutional Adoption Could Turn Current Bitcoin Cycle into a Super Cycle
“So I think we could pull forward the next Bitcoin cycle, have this be a super cycle.”
Ginns: Bitcoin is analogous to a Series C or D venture investment
“So even large cap, you could think of Bitcoin as being a, maybe a series C, a series D type venture investment.”
Ginns: Bitcoin's all-time high reflects regulatory de-risking
“And I think Bitcoin breaking out to a new all-time high and continuing to move higher is really a reflection of that regulatory de-risking to a good extent.”
Ginns: The Wall Street Journal is the most underrated source of alpha
“I think the journal is the most underrated source of context and alpha in like any asset class that you're investing in. Everyone assumes it's information that's already out there, so you're not going to get much value from it, and the reality is most people, …”