01:04:20

EssentialThe Essential Conversation

Preston Pysh: Understanding Bitcoin from a Macro Perspective

Featuring Preston Pysh and Ed Harrison

Mar 31, 2021 • 64 minutes

389

31

Essential

The Essential Conversation

Preston Pysh: Understanding Bitcoin from a Macro Perspective

Preston Pysh joins Ed Harrison to discuss value and valuation in the context of central bank policy at its limit and what led Pysh to Bitcoin.

Featuring Preston Pysh and Ed Harrison

Mar 31, 2021 • 64 minutes

Preston Pysh, founder of The Investors Podcast Network, joins Real Vision managing editor Ed Harrison to discuss value and valuation in the context of central bank policy at its limit. Pysh shares his journey from U.S. Army veteran to value investor and Buffettologist to crypto and Bitcoin advocate. As a value investor, he found it hard to continue looking narrowly at 'value' when he had serious doubts about the entire currency regime, given today's aggressive monetary policies. Eventually, that led Pysh to Bitcoin as an alternative store of value—and he believes Bitcoin is going to make markets free and open again. Filmed March 26, 2020. Key Learnings: Pysh explains some valuation metrics of Bitcoin and why he looks at it in four-year cycles given the supply halving schedule, which he calls the quantitative tightening cycle. He highlights that a long-term chart of the price of Bitcoin looks similar to Metcalfe's Law, which he uses as a Bitcoin price projection metric. Show More

The Essential Conversation is the world's premier financial-market-focused conversation series. The smartest people in markets, finance, economics, and business engage in deep-diving discussions about the global macro landscape, generating actionable takeaways that can help your decision-making process. Tune in to peer-to-peer conversations between the brightest minds in the investing world, and tune up your portfolio.

More Episodes

The Essential Conversation is the world's premier financial-market-focused conversation series. The smartest people in markets, finance, economics, and business engage in deep-diving discussions about the global macro landscape, generating actionable takeaways that can help your decision-making process. Tune in to peer-to-peer conversations between the brightest minds in the investing world, and tune up your portfolio.

More Episodes

COMMENTS

Sort By
  • Newest First
  • Oldest First
  • Top Rated
  • Most Discussed
  • Most Controversial

Access Essential Content

This content is reserved for the thousands of visionaries supporting the financial revolution. We'd love for you to join us. Interested?

See Our Plans

Already have an account? Log In