Bitcoin, A Fiduciary Duty with Nik Bhatia

“If you are ignoring Bitcoin now, as a growth manager, you are ignoring that an alternative monetary reality has come into existence on this planet.” — Nik Bhatia Location: El Salvador Date: Saturday May 8th Project: USC Marshall School of Business Role: Adjunct Professor of Finance For a long time, asset managers in the traditional finance world have largely ignored bitcoin. Often using outdated and debunked theories as to why bitcoin is another tulip bubble that boils the oceans, kills polar bears and used by drug dealers and criminals. Over the last year, this has begun to change, institutions have woken up to Bitcoin, and they are beginning to see it for what it is, the soundest money the world has ever seen and a tool for freedom. Nik Bhatia says that Bitcoin has changed monetary technology as we know it. It is now the fiduciary duty for asset managers to consider bitcoin, not only for the economic benefit but also for societal change. In this interview, I talk by Author and Professor of Finance Nik Bhatia. We discuss his recent article ‘Asset Managers, Owning Bitcoin Is Now Your Fiduciary Duty’, currency debasement and how Bitcoin is the new monetary reality. This episode’s sponsors: Gemini - Buy Bitcoin instantly BlockFi - The future of Bitcoin financial services Sportsbet.io - Online sportsbook & casino that accepts Bitcoin Casa - The leading provider of Bitcoin multisig key security. Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets. Ledger - State of the art Bitcoin hardware wallet ----- WBD350 - Show Notes ----- If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following: Become a Patron and get access to shows early or help contribute Make a tip: Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S QR Codes: Bitcoin If you do send a tip then please email me so that I can say thank you Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed Leave a review on iTunes Share the show and episodes with your friends and family Subscribe to the newsletter on my website Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.