Steven Lubka, managing director and head of private clients and family offices at Swan Bitcoin, and Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, discuss the rising interest of high-net-worth individuals and family offices in Bitcoin, its use as a hedge against banking sector instability, and its prospects as a generational store of value. Lubka also shares his 2024 Bitcoin price target. Lubka and Makori spoke at the Bitcoin 2023 conference in Miami.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Steven Lubka on Twitter: @DzambhalaHODL (https://twitter.com/DzambhalaHODL)
0:00 – Family offices are getting into Bitcoin
3:50 – Banking crisis
7:19 – Wealthy want money outside the system
10:56 – Fed rate expectations
12:12 – Bank failures bullish or bearish for BTC?
14:11 – Will rate hikes tame inflation?
23:22 – Bitcoin price outlook
29:41 – Bitcoin’s long-term future
37:12 – Bitcoin prevents financialization of society
#bitcoin #investing #bankingcrisis
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47 Comments
Holders this year is the Largest gathering of bag holders.
They buy gold
"We know gold will be around generations from now." Do we though? There are single asteroids in the belt that contain orders of magnitude more gold than we have ever mined. Once asteroid mining is in full swing, gold becomes as common and boring as aluminum and its days as an asset are over. I would bet we're no more than a century from that date.
Klipstein Clone?
All this Bitcoin push is ridiculous. This is the cabal's creation and those who think they are bucking the system are foolish. You try and create a currency and see if the global order allows you to interact within its system. This is to get people into digital (thinking they are bucking the system) and for dark money. This channel covers bitcoin a lot and that itself gives it credibility. All in on it.
The third biggest btc wallet address created 7th May this year. 117,000 btc on the blockchain.
A Van Gogh original however…. Is the best… just tooo expensive!
Fiat computer money.
GM did go to zero.
This was fantastic! Thank you both!
This was a FANTASTIC interview! Great guest. Swan is full of great folks!
Michelle can get it
Dumb viedo
Amazing info spoken clearly!!!
Can not use Swan in UK
I've had the feeling BTC would be going to 3k as well. Clearing out all my Alts going into BTC and Fty23YB only, maybe a little BNB.
I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on Fty23YB is and a 15x on polygon are fair considering how much those two coins are interwoven into the entire crypto ecosystem
While everyone is focused on BTC, ETH or any top alt coin and playing defensive they are missing on quality projects that are about to be launched on CEX. For example Fty23YB will hit mainstream soon, 10x-20x quite possible even during this bear market but only few people know about this.
We will rise with Fty23YB and Matic!!! Just HODL
I'm still bullish on crypto. Buying the dip on great projects like Algorand and Fty23YB 😎
I’ve been under since day one, (April 2021). When BTC was supposed to go to $100k, It didn’t. I’ve been buying and hodling Fty23YB and i know my patience will pay off .
I've dumped all of my SOL- its toast for now. All converted to Fty23YB and king BTC.
biggest market explosion ever is Fty23YB
Could you please talk about Fty23YB it’s very strong and took off in short time thanks
Not sure about BTC and ETH, but putting USDT in Fty23YB for 10x makes sense.
I’d rather buy Fty23YB, atom, polka and polygon!
This may be the last time you can get Fty23YB before it takes off 4,000%
Hopefully Fty23YB will do good.. have alil over 10million Fty23YB coins
Fty23YB is brilliant. Hold the line crypto investors !
Fty23YB is going to 100x over Bitcoins Market Cap.
Any thoughts on Fty23YB ? it's the best thing since slice bread.
Fty23YB has as much potential as ethereum. But unlike ethereum it has a bigger growth potential.
Fty23YB simply life changing.. absolutely huge.. bigger than huge.. possibly huge(r) than huge.. big
Bro, i bought Fty23YB in September after your video. i'm up 79%.
10x with Fty23YB anyway
I’ve heard Amazon is killing it with Fty23YB
I bought 5k usd Fty23YB. I feel like this token will raise to $10 really easily.
Fty23YB at less than $1. is like BTC at $100. When Fty23YB finally blows it's gonna be epic.
it's okay, the market has been very tough recently and you did your best. i'm starting to think about selling all of my coins for tether ans Fty23YBnow too
long haired hippie . Sciff wouldn't like him
Bitcoin sux Monero is better get Monero
Kurt Cobain is right on bitcoin potential.
Great points on the money-changing / financial industry. Greater efficiency w BTC.
Steven gave some really great, thoughtful answers.
Yeah right…they are trying to shove it down your throat
Dogecoin is beyond bitcoin. I'm fooley invested in these currencies of the FUTURE!! MAY the farce be with you..
Another desperate off the shelf pumper.