The Breakdown With NLW Episode

‘Crypto Is Here to Stay’: Activist Investor Carl Icahn Looks Toward a Crypto Position in the Billions

A look at the macro discussion on inflation and why it’s pushing people like Icahn to crypto.

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ABOUT

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A look at the macro discussion on inflation and why it’s pushing people like Icahn to crypto.

This episode is sponsored by Nexo.io and Bitstamp.

Download this episode

Today on the Brief:

  • PayPal to allow crypto withdrawals
  • Regulatory rumblings from the SEC and FinCEN
  • Bitcoin moving off exchanges again

In our main discussion, NLW looks at the macro conversation around inflation, including:

  • How concerns around inflation and the Federal Reserve withdrawing support have caused markets to go risk-off
  • Where bitcoin fits in a risk-on/risk-off context
  • Why billionaire Carl Icahn is eyeing a $1B-$1.5B crypto bet

See also: Billionaire Carl Icahn Eyes Potential $1.5B Crypto Investment

Image credit: Jeremy Bales/Bloomberg/Getty Images

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore