CoinDesk Podcasts

Opinionated

Banks Will Have to Adapt to DeFi, Featuring Eric Wall

From bitcoin trading basics, we’re going right into the wild world of decentralized finance
Opinionated
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This week, “Opinionated” hosts Anna Baydakova, Danny Nelson and Ben Schiller are talking to Eric Wall, chief investment officer at a Swedish hedge fund Arcane Crypto – and one of Crypto Twitter’s favorite trouble stirrers.

“I spent my entire 20s in bitcoin. What the f*ck,” Eric tweeted in July on the day of his 30th birthday, and that decade did not pass in vain for him: He’s been trading bitcoin since Mt. Gox (and lost his money there), he worked as a crypto guy in the legacy fintech firm Cinnober, and now he’s advising a hedge fund on crypto investments. During his time in crypto and mainstream finance, Eric saw a lot and has a lot to say.

You might be surprised to learn he doesn’t believe in technical analysis as a basis for trading decisions. Why, and what is he using instead? Just wait and listen.

From bitcoin trading basics, we’re going right into the wild world of decentralized finance (DeFi). Are there better protocols for DeFi than Ethereum? Is it better to invest in totally decentralized projects, or those that can freeze their coins? Will the regulators clamp down on DeFi and destroy it?

And, last but not least, what is the “digital condom” Eric thinks beginning traders might want to use when they jump into the dangerous world of DeFi? Listen and learn from Eric together with Anna, Ben and Danny!

Eric Wall’s Twitter handle is @ercwl.

Mentioned in this episode:

This was produced, announced and edited by Michele Musso.

Banks Will Have to Adapt to DeFi, Featuring Eric Wall