David Fauchier - Market Neutral Crypto

David Fauchier stops by The Business Brew to discuss crypto and market neutral strategies in crypto assets.  David works at Nickel Digital Asset Management, an investment manager connecting traditional finance with the digital assets market. The firm deploys highly sophisticated low-latency algorithmic trading, pursuing a range of arbitrage strategies in both spot and derivative markets, as well as a range of directional buy-and-hold products. All funds are designed with institutional clients in mind, but we hope the discussion is broadly applicable.

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1:15 - What David does - market neutral strategies in crypto
3:00 - How to look at market neutral strategies when there is not "value" in a coin
5:45 - David's take on crypto and monetary regimes
8:31 - How decentralized networks validate change, and therefore confirm "truth" in the chain
10:40 - BitCoin as a substitute for gold and as a network architecture
13:45 - Why David was comfortable moving into crypto professionally
17:20 - The role of Etherium in crypto and why Etherium was a big change
21:45 - What is Ethereum?
26:40 - How to find the good assets in a sea of bad ideas
31:54 - Zero Knowledge Proofs and how they help crypto scale
40:35 - How do the big cloud players fit into the landscape in the future?
44:00 - How blockchain/Web 3 will potentially give users power over their data
48:00 - What could be enabled in the Web 3 world?
53:30 - Digital scarcity and what that may mean in the future
56:30 - When something that's stupid and crazy gets more stupid and crazy then it probably isn't stupid and crazy.
1:01:00 - Obligatory Metaverse discussion
1:04:30 - NFTs and fraud
1:07:40 - How David thinks of counterparty risk
1:20:00 - Whether crypto markets will continue trading the volume they do
1:24:00 - Coinbase as a business

[rajrsa]

This was probably one of my fav crypto talks (I've watched a ton of them).
Thanks! Really hoping to see David during the bear market!

[SlavElenkov]

Great conversation, thanks! My thoughts on crypto space after this convo is that the ratio of bathwater to babies is just too large for me.