Meltem Demirors on the Future Fetish and the Challenges of a New Asset Class

Meltem Demirors is the CSO of Coinshares a digital asset investment firm, and one of the most salient and prolific voices in the bitcoin space. In this episode of Bitcoin Macro, CoinDesk’s head of strategy Nolan Bauerle talks with Meltem about: Why bitcoin and crypto seems all encompassing to the people in the space, but barely registers on the radar for most investors Why bitcoin actually refers to (at least) three things at once: a technology, a network, and an asset - and why this makes categorization in traditional investment frameworks difficult Why Libra is in many ways the antithesis of bitcoin Why the US dollar remains the most desired asset in troubled regions and why part of the key for bitcoin playing a similar role is education Why speculation is a gateway for deeper engagement with bitcoin Why the bitcoin recession narrative is enticing to people but full of “unknown unknowns” How the global “hunt for yield” is shaping the bitcoin narrative The “future fetish” era of blockchains Why the idea of bitcoin as “unregulated” isn’t quite accurate The new battles around central bank digital currencies Why the most interesting metric in the crypto space is the percentage of bitcoin held by third party institutions