We asked blockchain and crypto peddlers to give their thoughts on the industry… and throw in a few random zingers to keep them on the ground!
This week, Our question is for Joe DiPasquale, CEO of BitBull Capital – a company that manages a range of crypto hedge funds and has access to closed-end and proprietary funds.
Joe DiPasquale is the CEO of BitBull Capital, which has been managing crypto hedge funds since 2017. Joe founded BitBull because he believes in active management in crypto investments. He has been an investor in 10 different crypto hedge funds, in addition to running his own aggressive strategies since 2013.
Previously, Joe worked in investment management, investment banking, technology and strategy consulting at Deutsche Bank, Bain and McKinsey. He received a BA from Harvard University and a Master of Business Administration from Stanford University. BitBull also operates BitBull Research, which regularly publishes the “Cryptocurrency Investment Bulletin,” which is available for free registration on BitBull’s website, as well as the “Opportunity Trading Memorandum,” available only to traders. invest.
1 – What is the problem that you think blockchain has a chance to solve but have not yet tried?
Most of the problems that will be solved by blockchain remain unresolved. Andreessen Horowitz’s Ben Horowitz said it’s similar to the App Store that came to the iPhone in 2008 – we can’t envision apps like Uber or Pokemon Go or others, but the technology has been made. With blockchain, we are seeing it used in crypto, DeFi, NFT and Metaverse, and even traditional finance, but most of the developments will still be ongoing.
2 – What kind of consolidation do you expect in the crypto industry in 2022?
I don’t believe 2022 will be a consolidation year; rather, this will be a year of continuous improvement of protocols, from Eth2 to many more like Solana, Polkadot, Avalanche and more. While consolidation is inevitable, we are still in the early stages of development and expansion. This is a time for the creativity and diversity of technology.
3 – Which countries are doing the most to support blockchain, and which countries will be left behind?
It will certainly be interesting to hear Biden’s planned executive order on crypto, but El Salvador has done its best to support blockchain and crypto. That is First country officially classified Bitcoin as a legal currency. There are other countries, like Japan and Switzerland, where blockchain development has been promoted and encouraged. And even though it’s a territory, not a country, Puerto Rico is fast becoming a hotspot for blockchain and crypto activity.
4 – When you tell people that you are in the blockchain industry, how do they react?
It depends on how you phrase it. When I tell people about our positive returns on multiple downs in crypto such as early 2022 or about getting 15%-20% APY on stablecoins vs 0.1% With a bank account, they are very interested. When you simply tell people that you run a “crypto hedge fund,” they tend to not understand how it is different from buying and holding Bitcoin.
5 – Who makes sense to you, and who doesn’t?
One of the most important things about investing is being able to receive information from a variety of sources, including – and especially – sources with which you disagree. If people don’t make sense to me, I try to listen doubly. On the other hand, one thing I like about investing and running hedge funds is that we are measured very quantitatively and our results are published monthly.
6 – Name things you own that you will never part with.
I spend most of my time working, so my desk setup is unique to me and has been built over time to be comfortable and productive, including a second screen and the ability to sit or My stand. There are also some that I have received over the years, such as an artistic Bitcoin icon from a meeting in Japan, which I also keep on my wall and love.
https://cointelegraph.com/magazine/2022/03/13/6-questions-for-joe-dipasquale-of-bitbull-capital 6 Questions for BitBull Capital’s Joe DiPasquale – Cointelegraph Magazine