With Jacob Ma-Weaver, Cable Car Capital
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Jacob Ma-Weaver of Cable Car Capital Management joins the podcast to discuss the regulatory risk facing cryptocurrencies.
This podcast was recorded on May 19, a day bitcoin dropped some 15% after the People’s Bank of China published a report warning over the use of digital currencies. But even before the PBOC move, cryptos were dropping in value. Bitcoin has declined more than 30% from its high set earlier this month.
Ma-Weaver’s interest in cryptocurrencies originates with his work as an activist short-seller. He has held conversations with regulators on cryptocurrency exchanges in particular. That was much of the focus of the conversation.
Not intended as investment advice. Nothing on this episode should be taken as an endorsement for or criticism of cryptocurrencies in any form.