Cory Klippsten, Founder and CEO of Swan Bitcoin, correctly predicted the collapse of Luna, Celsius, and FTX. He joins the show to suggest the next domino that could fall, as well as to assess the FTX fallout. Klippsten also discusses Bitcoin’s investment benefits, why much of DeFi is ‘fake,’ and why he thinks Ethereum will eventually ‘blow up.’ He spoke with Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Cory Klippsten on Twitter: @coryklippsten (https://twitter.com/coryklippsten)
0:00 – FTX collapse, Alameda, and contagion
9:53 – Crypto VCs
11:30 – FTX’s effect on Bitcoin
12:48 – Crypto regulation
19:27 – Bitcoin vs. altcoins
21:16 – Over-leverage in Bitcoin?
27:23 – Bitcoin floor
30:16 – Swan Bitcoin
39:37 – Coinbase and Binance
41:00 – Bitcoin as an inflation hedge
43:57 – Bitcoin as a medium of exchange
46:03 – Recovery for Bitcoin price
47:56 – Ethereum and DeFi
58:40 – Bitcoin as global reserve currency
1:03:14 – Crypto Winter
1:04:02 – Pacific Bitcoin Conference
#bitcoin #ethereum #crypto
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21 Comments
This guy is so full of shit, just like all the rest.
Another BTC Maxi on the loose… BTC will fall.
I don't agree with bitcoin maximalism but … the other cryptos need a real use case next cycle beyond swapping other useless tokens and selling jpegs.
Michele is threatened by Cory's wavy locks. 😀
verry importent , in my opunion ,nobody know the future .
Well done, informative, while hard hitting. Interesting perspective from Cory, some things I agree, some things not, let the market play out and decide the future.
blah, blah, blah…another con artist 🤣
They have really made bitcoin scale in the 13 years it's been in existence… 7 transactions per second…so impressive! 🤣
Schiff is the sh!+
Good thing Bitcoin is a major energy hog. It’s not practical in a “green” heavy global agenda.
Fuck his bitcoin conferences.
Of course the sentiment at his conferences is good because the people there are cult members and are brainwashed.
Bitcoiners always touting how great as price continues to tank. The rich holding their breath for fed bailout (only way bitcoin goes up again)
Why does kitco invite morons ? And people who believe in flat earth
Oh i forgot this dude is a bitcoin maximalist, no wonder he won't take anything but bitcoin seriously, and really after the recent events who would question him
Peter the great you never mess with peter
This guy, gold doesnt implode BTC will stop at 16k IF , if, genesis blah blah, wtf sounds like anything can blow it up. Who's genesis? Is he for real,
Klipper on a tear the last few days…I like this guy…What's his angle?
Good questioning by Miss Makori. Mr Klippstein is highly intelligent, a good person to interview, and well-spoken. I can see how he might spark some disagreements.
i love how michelle's reactions are so shocked when he says ethereum will fail. ethereum's POS is clearly centralized just like fiat. it is doomed to fail
He sounds like a pump/dump evangelist.