Avoiding the Bitcoin ETF Rug Pull with Sam Abbassi & Xander Carpousis

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1 year ago
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Finance & Crypto Bitcoin

SHOW NOTES:
https://www.whatbitcoindid.com/podcast/avoiding-the-bitcoin-etf-rug-pull

“I don’t like the idea of blindly trusting when I can have something verified to me, and the whole ethos of Bitcoin is verify and don’t trust… if we build a massive financial ecosystem on top of these ETF products then we need to with absolute certainty know that that spot Bitcoin, the thing it’s backed against, exists and it’s there.”
— Sam Abbassi

Sam Abbassi is the founder and CEO of Hoseki and Xander Carpousis is Chief Revenue Officer at Hoseki. In this interview, we discuss the launch of the Bitcoin ETFs and the importance of transparency, proof of reserves and gold vs Bitcoin.

THIS EPISODE’S SPONSORS:
Iris Energy - https://irisenergy.co/
Wasabi - https://www.wasabiwallet.io/
Ledger - https://www.ledger.com/
Unchained - https://unchained.com/
Bitcoin Atlantis - https://bitcoinatlantis.com/
Swan - https://swan.com/

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TIMESTAMPS:
00:00:00 Introduction
00:09:57 ETF adoption accelerant?
00:22:08 Proof of Reserves
00:34:12 Gold vs Bitcoin
00:40:47 Transparency fights shenanigans

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