Michael Vogel, CEO of Encore Ventures & Coinstream, and previously founder Netcoins, discusses the Grayscale and SEC lawsuit, expectations for the BlackRock spot Bitcoin ETF, and the future of crypto exchanges.
*This video was recorded on September 1, 2023
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0:00 – Grayscale vs. SEC
4:00 – Spot Bitcoin ETF
6:20 – Bitcoin price
13:50 – Bitcoin as money
17:35 – Stablecoin
18:36 – Netcoins
23:20 – Trust in exchanges
28:00 – Future of exchanges
30:00 – Banks and crypto
32:45 – Encore Ventures
#bitcoin #crypto #investing
41 Comments
The first time i saw a Bitcoin ATM was in the Waves coffee house in RIchmond, BC back in early 2017. I tried asking one person what Bitcoin was used for and he said his online business. I did end up buying $10 worth but i wish that dude gave me more of a reason back then to get in.
BTC fell to $26K. I sold. Sorry about that.
I bought my first bitcoin in 2014, and in 5 months, it lost about 80% of its value. Most people would've given up, but i kept on buying. 😊
Michael Vogal strikes me as someone who is a bit of a visionary and a grounded believer. I rate him and value his opinion. He is a realist on KYC as well. Get with the program folks; governments already know everything they need to know about you, wake up to yourselves.Well needed and timed interview David.
absolutely terrible how he switches back and forth between saying "crypto" and "bitcoin", causing confusion for the uneducated, doing more harm than good, compromised by his position as a sh*tcoin casino owner.
never trust a sh*tcoiner.
"crypto" is not bitcoin. educate yourself on the difference and avoid people who don't differentiate between them.
BTC, brought to you by the NSA…….
I'm no expert just look at my portfolio that'll tell you but I still think Futures would be a lot easier to manipulate than spot??
Please stop having commercials David
I'm looking for zero!
Your guest seems a bit nervous, weird or just awkward—hard to listen to. Love your channel though. Good work.
I still don't see how the blockchain can prevent charge-back fraud? Did I miss something?
16:20 this is not a positive for btc, There’s a reason so many online scammers/ hackers etc use btc as payment method. You don’t often know who’s the owner of the wallet and once it’s gone it’s gone and you can’t get it back.
Nice interview David. May I ask u a question? Could a day we have a stable coin pegged at Btc if It wiill be adopted as a legal currency around the world?
BS guy
Market manipulation? You mean like the BTC futures? smh Bunch of cheap two bit crooks
He was good in Saving Private Ryan
He didn't explain why he expects a timeline of 1 year for a spot ETF, especially since the applications that are now underway from major institutions have a shorter deadline for a final response from the SEC. Does he think that all of those will be rejected and then other applications will be submitted?
It's being delayed so that Black Rock can acquire more Bitcoin mining companies like they have already been doing and then control the Bitcoin market like JP Morgan controls gold and possibly create a hard fork and turn it into proof of stake to go along with all of their ridiculous ESG endeavors
'Money for the internet'😀 Don't believe in this guy. How much people loose money chasing crypto dream like a jackpot without understanding what is for. And it is all because people like him and etc, who just warship crypto because there job to manipulate . Honestly I just can say I would never believe in crypto even now when big companies taking control . The only best investment is a precious metals.
Recent market fluctuations in the crypto world highlight its volatility, influenced by economic factors and policies. Yet, with potential regulatory changes and innovations like Ethereum's futures-based ETF, there's optimism. Market downturns can be seen as opportunities for informed trading. Thanks to insights from Linda Wilburn, my crypto understanding has deepened and i have gained over 23btc.
Hi David, why don't you discuss the fact, what the effect of the approval of a Bitcoin ETF in other regions like in Canada or Europe had been on Bitcoin. You would think that the effect would more or less had the same effect like institutional interest
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly—which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio.
I think a year for an ETF is at the absolute margin I would be surprised if it’s not granted to Greyscale and BlackRock later this year or early 2024.
The cryptocurrency landscape is gearing up for a significant infusion of capital, particularly with the anticipated approval of ETFs and the readiness of Ripple's XRP for mainstream adoption. As traditional fiat currencies wane due to inflationary policies, digital currencies are increasingly seen as a more reliable and rewarding investment. Given Ripple's efficient transaction platform and the likely surge of trillions into the crypto market, there's never been a better time to trade. I've personally benefited from following Kevin John Kuria trading tactics, amassing 21 bitcoins in a short two-month period, I just trade than hold on a Future I am not sure about
Great people deserve to be celebrated and that’s why I’m so happy😊 I can smile back at my portfolio of $65,400 made from my $5000 weekly trade within a short period, all thanks to Mrs Audrey Lauren
X R P
Seinfeld ?
That dude looks like a lost black sheep
It will be approved when Blackrock is ready
I think a lot of the fraud from exchanges was the result of unfair conditions placed on these exchanges. I refer to recent court decisions.
To be sincere I expected more from the person who's 10+ years into the crypto space.
He was just repeating what we all already know.
Either he doesn't know more or he won't say, whatever it is, it's not worthy of attention …
The EOS Network Foundation has achieved a significant milestone in its journey toward widespread adoption, as the EOS token secures whitelist approval from the Japan Virtual and Crypto Asset Exchange Association (JVCEA). This key development signals a major step forward, allowing EOS to be traded against the Japanese yen on regulated cryptocurrency exchanges in Japan.
EOS Token Jumps 9% After The News
The news has made the EOS token jump 9% and now trading at $0.6279. This JVCEA clearance is critical because it broadens EOS’s reach and accessibility to a larger audience of Japanese end users, developers, and investors.
Scheduled to begin trading in mid-September, EOS will make its debut on BitTrade, a respected cryptocurrency marketplace that holds licenses and regulations from Japan’s Financial Services Agency (FSA).
Clean up the comments please ☝️☝️☝️☝️
In the beginning Bitcoin was suppose to be for the people now mega institutions are going control it. Crypto will be controlled by the same person that controls the paper money. Who ever controls the money controls the laws and world. Back at square one.
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I like how people think the ETF is the next big thing, yet no one wants to talk about the fact that BTC is so volatile, even with spot ETFs, that I cannot see big funds pouring in with pension money to get rugged by whales. Also, BTC has only ever known a bull market, 0% rates and QE until now. So i do not know how BTC is going to act in a historc manner even with the halving.
WHOEVER SAKAMOTO SOMEBODY CREATED BITCOIN NEVER THOUGHT ABOUT IT FULLY OR HAS NO IDEA WHAT ARE THE GENERAL REQUIREMENTS OF A CURRENCY – MERE 21 MILLION COINS CAN NEVER BE A CURRENCY… EVEN 21 BILLION WILL FALL SHORT..SO DON'T BOTH ABOUT CONVINCING YOURSELF THAT THIS IS A CURRENCY DESIGNED TO REPLACE DOLLAR OR ANY OTHER FIAT CURRENCY. YES, DOLLAR WILL DIE A NATURAL DEATH LIKE POUND… OR WHATEVER THE NAME OF THE CURRENCY CREATED BY GUPTA KINGDOM OF INDIA IN 6TH CENTURY…BICOIN ALSO WILL DIE A NATURAL DEATH
In my opinion Bit-Coin is a greater fraud than the Federal Reserve Note.
Bitcoin is outdated. It's going to die a slow death as more and more people come to that realization.
just wanted to let u know that i can paste the transcript in poe's claude 100k and ask it anything about the talk
"Stablecoins don't change in value"?
Of course they do, because the fiat poopcoins they're pegged to change in value.