Share Bitcoin Lighthouse
Share to email
Share to Facebook
Share to X
In this episode, we're joined by Viram Shah, the Co-Founder and CEO of Vested Finance, a platform that has been instrumental in helping Indians invest in the US stock markets. Today, we're exploring a hot topic in the crypto world - the recently listed spot Bitcoin ETFs. Can Indians invest in these financial instruments? Viram brings his expertise to shed light on this question and discuss the potential benefits and challenges for Indian investors. Tune in as we navigate the complexities of Bitcoin ETFs and their accessibility for the Indian market.
Chapters
00:00: Introduction
00:49 About Vested Finance
02:25 Can Indians invest in US Bitcoin ETFs
03:18 Brokerage platforms refusing investments to Indians
04:22 Process to invest in Bitcoin ETFs
06:37 Indian banks refusing to remit money
07:52 Risks to your platform for allowing Bitcoin ETFs
10:14 Taxes in case of investing in Bitcoin ETFs vs buying bitcoin
11:03 Exchange rate issues to consider
12:42 How to get the LRS money back
13:36 When does a tax event occur
15:00 Available for Indians or NRIs
16:07 Other brokerage platforms
16:35 What's your take on bitcoin
18:20 Other products and services by Vested
20:57 Contact details
Subscribe to my newsletter at https://www.btclighthouse.com.
Join the Bitcoin Lighthouse groups on:
WhatsApp: https://chat.whatsapp.com/JKrcmSaXhnS5SrijvZvDoY
Telegram: https://t.me/btclighthouse
Bitcoin Lighthouse Podcast:
YouTube: https://www.youtube.com/playlist?list=PLBnIgIKJjojCojJveevdjMWTRfkvsJ94t
Apple Podcast: https://podcasts.apple.com/sg/podcast/21towers/id1560959546
Spotify: https://open.spotify.com/show/6X2WkOg74tVQLo0C182aNv
Social Media:
Twitter: https://twitter.com/21towersbitcoin
In this episode, I have a conversation with Adrian Chng, founder of Fintonia Group, the only bitcoin fund registered in Dubai and Singapore. Adrian shares insights on the Fintonia Bitcoin Physical Fund, which offers a safe and secure way to invest in Bitcoin, as well as the Enhanced Yield Fund, which invests in US Treasuries and offers a higher return while keeping risk manageable. Adrian also discusses the performance of the Bitcoin Physical Fund, the benefits of dollar-cost averaging, and the psychology of investors. He also shares his views on the future of Bitcoin and how Fintonia is bridging the gap between the crypto ecosystem and traditional finance and regulation.
In this episode, I have a conversation with Mauricio, co-founder of Ledn, the last crypto lending platform standing. In the podcast, Mauricio tells the painful story of how his family had to deal with hyperinflation in Venezuela and leave the country and how he stumbled upon bitcoin. He talks about the inspiration to start Ledn and all the products that Ledn offers. He also talks about how Ledn survived in spite of the failure of all the other lending platforms in the last few months.
For bitcoin news, resources, price updates and bitcoin mastery videos, sign up for free at https://21towers.com.
In this episode, I have a conversation with Roger, founder of CryptoLock.ai, a membership program that allows you to save up to 90% of the compliance and recovery expenses in the event of a crypto breach.
Chapters
00:00 Introduction
00:07 Your background
08:12 Has China lost a massive opportunity by banning bitcoin
12:35 Bitcoin vs altcoins
15:02 Whats the problem your clients are trying to solve
22:45 Is there a motivation for people to sign up for CryptoLock
29:04 Who are your typical customers
32:45 How does crypto recovery work
45:10 What percent of crypto breaches are you able to recover
46:08 What are the chances of recovery
48:45 CryptoLock website
52:51 What do you think about the bitcoin price
54:09 Do you feel all the leverage is cleared out
55:27 How can people find you and CryptoLock
If you want to learn about bitcoin or ask us questions,
sign up for free at https://www.21towers.com.
Telegram: https://t.me/btc21towers
21Towers Podcast:
YouTube: https://youtube.com/playlist?list=PLBnIgIKJjojCojJveevdjMWTRfkvsJ94t
Apple Podcast: https://podcasts.apple.com/sg/podcast/21towers/id1560959546
Spotify: https://open.spotify.com/show/6X2WkOg74tVQLo0C182aNv
Social Media:
Twitter: https://twitter.com/21towersbitcoin
For bitcoin news, resources, price updates and bitcoin mastery videos, sign up for free at https://21towers.com.
In this episode, I have a conversation with Adi Shakara founder of Summer of Bitcoin, a global, online summer internship program focused on introducing university students to bitcoin open-source development and design.
Chapters
00:00 Introduction
00:13 Why faceless online
01:48 Why are you paranoid about social media
03:51 Your background
04:27 What is bitcoin
09:45 Resources to learn about bitcoin
14:07 Your current project - Summer of Bitcoin
16:54 What do you do in Blockstream
19:49 What is lightning network
22:09 What is Blockstream doing in Lightning Network
23:04 What is Summer of Bitcoin
28:05 Who can apply
33:06 Which companies are sponsoring Summer of Bitcoin
34:31 What do you think of open source development
37:32 State of bitcoin in India
41:43 How can people find you and Summer of Bitcoin
Links from the show:
- https://medium.com/john-pfeffer/an-institutional-investors-take-on-cryptoassets-690421158904
- https://learn.saylor.org/course/PRDV151
If you want to learn about bitcoin or ask us questions,
sign up for free at https://www.21towers.com.
Telegram: https://t.me/btc21towers
21Towers Podcast:
YouTube: https://youtube.com/playlist?list=PLBnIgIKJjojCojJveevdjMWTRfkvsJ94t
Apple Podcast: https://podcasts.apple.com/sg/podcast/21towers/id1560959546
Spotify: https://open.spotify.com/show/6X2WkOg74tVQLo0C182aNv
Social Media:
Twitter: https://twitter.com/21towersbitcoin
For bitcoin news, resources, price updates and bitcoin mastery videos, sign up for free at https://21towers.com.
In this episode, I have a conversation with Mahin Gupta, founder of Lmnl, a digital asset custody company and ex founder of India's first crypto exchange, Zebpay. We discussed Bitcoin vs altcoins, the FTX contagion, the risks of investing in Bitcoin and more.
Chapters
00:00 Introduction
04:20 Is history going to repeat itself in bitcoin's price
05:35 Price predictions
08:18 Among the first few people in bitcoin
09:43 Lessons from FTX contagion
10:53 Lesson 1 - Not your keys, not your coins
12:55 Can you use Binance for custody
13:20 When should you use a custodian
15:36 Lesson 2 - Don't trust anyone
15:45 Lesson 3 - New technologies are volatile
18:55 Infrastructure inversion
20:21 Your background
21:08 Bitcoin vs altcoins
24:12 DeFi, NFTs and Ethereum
24:52 Bitcoin vs altcoins as an investment (not financial advice)
26:15 Why is bitcoin risky
29:39 Are you comfortable investing in bitcoin
30:34 Regulatory risks
32:15 What is Lmnl
34:09 Lmnl's target audience
37:27 Are you regulated
38:47 How is Lmnl better than others
39:14 Making Lmnl easy for clients
42:19 Funding by famous VCs
44:09 How are your VCs reacting to the bear market
45:43 Who are your existing customers
46:33 Future plans
48:54 Geeking on halving and game theory
50:34 No panic calls in this bear market
If you want to learn about bitcoin or ask us questions,
sign up for free at https://www.21towers.com.
Telegram: https://t.me/btc21towers
21Towers Podcast:
YouTube: https://youtube.com/playlist?list=PLBnIgIKJjojCojJveevdjMWTRfkvsJ94t
Apple Podcast: https://podcasts.apple.com/sg/podcast/21towers/id1560959546
Spotify: https://open.spotify.com/show/6X2WkOg74tVQLo0C182aNv
Social Media:
Twitter: https://twitter.com/21towersbitcoin
For bitcoin news, resources, price updates, and bitcoin mastery videos sign up for free at https://21towers.com.
Chapters
00:00 Introduction
00:08 Summary
00:40 Bitcoin Halving Price Narrative Dead?
06:55 Fidelity Digital Assets Report Summary of Bitcoin Adoption
09:13 Pantera's assessment - no major tech stock outperformed Bitcoin
10:42 Mixed Signals on where Bitcoin goes next
12:09 Argentina and Brazil's de-dollarization move
13:35 Nexo settles with SEC by paying fine and closing Earn product
14:14 BlockFi Mistakenly Reveals Its $1.2B FTX Exposure
15:34 Binance processed millions for 'money laundering engine' Bitzlato
17:10 Importance of Self Custody
18:51 Silvergate Capital reports net loss of $1 billion for the fourth quarter
19:58 French senators vote to ease crypto licensing regulation
20:44 El Salvador paid 800 million dollars plus interest
21:37 New Hampshire exploring Bitcoin Mining after Texas
22:21 Nuclear-powered Bitcoin mining farm to open in Pennsylvania
23:05 Blockstream raises $125 million to boost mining operations
Related podcasts referred from this show:
https://www.youtube.com/watch?v=jDxqiqZfO8E
Links from this show:
https://ecoinometrics.substack.com/p/ecoinometrics-is-the-bitcoin-halving
https://news.bitcoin.com/report-crypto-adoption-hits-new-milestones-global-crypto-owners-reached-425-million-in-2022/
https://www.fidelitydigitalassets.com/sites/default/files/documents/1068419.1.0%20Fidelity%20Digital%20Assets%20-%202023%20Look%20Ahead%20-%20Retrospective%20-%2001.24.pdf
https://panteracapital.com/blockchain-letter/the-year-ahead/
https://insights.glassnode.com/the-week-onchain-week-04-2023/
https://www.economist.com/finance-and-economics/2023/01/26/argentina-and-brazil-propose-a-bizarre-common-currency
https://www.coindesk.com/policy/2023/01/19/crypto-lender-nexo-to-pay-45m-cease-offering-eip-in-settlement-with-sec/
https://www.reuters.com/business/finance/silvergate-capital-reports-net-loss-1-billion-fourth-quarter-2023-01-17/
https://unchainedpodcast.com/blockfi-mistakenly-reveals-its-1-2b-ftx-exposure/
https://markets.businessinsider.com/news/currencies/binance-bitzlato-crypto-crime-russia-money-laundering-doj-2023-1
https://www.reuters.com/business/finance/silvergate-capital-reports-net-loss-1-billion-fourth-quarter-2023-01-17/
https://www.econotimes.com/Cryptocurrency-Binance-admits-mixing-customer-funds-with-collateral-tokens-by-mistake-1649492
https://www.reuters.com/business/finance/silvergate-capital-reports-net-loss-1-billion-fourth-quarter-2023-01-17/
https://www.theblock.co/post/205237/french-senators-vote-to-ease-crypto-licensing-regulation
https://twitter.com/nayibbukele/status/1617700039534731264
https://twitter.com/BitcoinMagazine/status/1616158010593935360
https://twitter.com/BitcoinNewsCom/status/1617675075637112833
https://www.btctimes.com/news/blockstream-raises-125m-to-boost-mining-operations
If you want to learn about bitcoin or ask us questions,
sign up for free at https://www.21towers.com.
Telegram: https://t.me/btc21towers
21Towers Podcast:
YouTube: https://youtube.com/playlist?list=PLB...
Apple Podcast: https://podcasts.apple.com/sg/podcast...
Spotify: https://open.spotify.com/show/6X2WkOg...
Twitter: https://twitter.com/21towersbitcoin
For bitcoin news, resources, price updates, and bitcoin mastery videos, sign up for free at https://21towers.com.
Chapters
00:00 Introduction
00:06 Summary
01:13 Economic Cycles
02:30 Bitcoin price & Mayer multiple
11:11 Anthony Scaramucci predicts Bitcoin going $50k in a year
11:57 Dedollarization - Dollar index, Saudi-China alliance and Gold backed sovereign currencies
15:20 Crypto contagion taking down Silvergate, Crypto.com, FTX, DCG, Genesis, Coindesk and Bitzlato?
21:59 Bitcoin adoption in Texas and El Salvador
Links from this show:
https://www.amazon.com/Most-Important-Thing-Uncommon-Thoughtful/dp/151138347X
https://www.notion.so/21towers/Mayer-Multiple-and-buy-sell-strategy-18e4beac6b07470eb3dbc994bcd454b3
https://www.themarketsunplugged.com/indicator-series-the-mayer-multiple/
https://buybitcoinworldwide.com/stats/mayer-bands/
https://bitcoinition.com/charts/mayer-multiple/
https://ecoinometrics.substack.com/p/ecoinometrics-buy-or-pass
https://insights.glassnode.com/the-week-onchain-week-3-2023/
https://markets.businessinsider.com/news/currencies/crypto-bitcoin-price-outlook-anthony-scaramucci-ethereum-market-rally-ftx-2023-1
https://twitter.com/txmctrades/status/1613911701195481088
https://tftc.io/martys-bent/issue-1303-the-saudis-are-looking-to-diversify/
https://twitter.com/nikhilkamathcio/status/1614986501657612289
https://twitter.com/dondion35974931/status/1613865737294159872
https://www.prnewswire.com/news-releases/ftx-debtors-provide-additional-information-to-customers-and-other-stakeholders-301723770.html
https://www.coindesk.com/business/2023/01/17/crypto-conglomerate-dcg-suspends-dividends-amid-distress-at-genesis-unit/
https://www.cnbc.com/2023/01/18/coindesk-engages-lazard-to-explore-sale-as-dcg-crisis-grows.html
https://www.justice.gov/usao-edny/pr/founder-and-majority-owner-bitzlato-cryptocurrency-exchange-charged-unlicensed-money
https://viewemail.nydig.com/conventional-wisdom
https://twitter.com/DocumentingBTC/status/1615739143111196673
https://twitter.com/bitcoinmagazine/status/1613565748244365312
https://www.youtube.com/watch?v=wPmCALIrswI
If you want to learn about bitcoin or ask us questions,
sign up for free at https://www.21towers.com.
Telegram: https://t.me/btc21towers
21Towers Podcast:
YouTube: https://youtube.com/playlist?list=PLBnIgIKJjojCojJveevdjMWTRfkvsJ94t
Apple Podcast: https://podcasts.apple.com/sg/podcast/21towers/id1560959546
Spotify: https://open.spotify.com/show/6X2WkOg74tVQLo0C182aNv
Twitter: https://twitter.com/21towersbitcoin
For bitcoin news, resources, price updates, and bitcoin mastery videos sign up for free at https://21towers.com.
Chapters
00:00 Introduction
00:09 Summary
01:38 NYDIG 2022 Review and Look Ahead
06:18 Bitcoin price & Mayer multiple
08:56 Glassnode predicts Bitcoin going up
12:30 Is weakning dollar causing Bitcoin to gain strength?
16:57 FED, SEC and AG going hard on crypto mess (We cover DCG, Gemini, Huobi & Binance)
27:07 Bank run on Silvergate Capital
31:13 Marathon Miner consolidating Bitcoins and paying off Silvergate loans
34:09 $3.8B has moved out from India in a year since the introduction of Tax
36:48 El Salvador launches a bond to fund Bitcoin adoption & mining in the country
Links from this show:
https://viewemail.nydig.com/2022-review-and-look-ahead?ecid=ACsprvsmMMHtjx-_dUTe_6f1qEaQvyKR6n9W0eHBx8ayjzRU7Zvv-5SVCkqVvWzcu5_Xd8YCRUgN&_hsenc=p2ANqtz--bIOMdooru5OOFcXTiLDvI7992Q9C1GhrV43Qq_Iw96YKldTdmMLNB3d1699zobr8bUtjZXSG-6zZc5XhUOsnQi_N7uwhttps://buybitcoinworldwide.com/stats/mayermultiple/https://twitter.com/excellion/status/1613408614638813185
https://ycharts.com/companies/GBTC/discount_or_premium_to_navhttps://insights.glassnode.com/the-week-onchain-week-2-2023/https://www.channelnewsasia.com/business/dollar-7-month-low-vs-euro-slower-fed-rate-hike-expectations-3191881https://www.bloomberg.com/news/articles/2023-01-07/crypto-empire-dcg-faces-us-investigation-over-internal-transfershttps://twitter.com/dylanleclair_/status/1613667119157186563
https://www.straitstimes.com/business/celsius-founder-alex-mashinsky-sued-for-crypto-fraud-by-new-york-attorney-general
https://www.coindesk.com/markets/2023/01/06/huobi-exchange-token-down-11-on-reports-of-layoffs-internal-strife-at-company/
https://u.today/crypto-giant-binance-bleeding-assets-reporthttps://cryptopotato.com/sec-objects-to-binance-us-buying-voyager-digital-for-1-billion/
https://www.channelnewsasia.com/business/silvergate-capital-shares-sink-crypto-related-deposits-plunge-8-billion-3185181
https://www.reuters.com/markets/woods-ark-invest-nearly-liquidates-silvergate-capital-position-2023-01-06/
https://www.coindesk.com/business/2023/01/05/bitcoin-miner-marathon-digital-pays-off-silvergate-revolving-credit/https://www.coindesk.com/policy/2023/01/04/indians-moved-over-38b-to-foreign-exchanges-since-crypto-tax-rules-research-study/
https://www.investopedia.com/el-salvador-bitcoin-bond-7094463
Related podcasts referred from this show:
https://www.youtube.com/watch?v=20iEEFqU6uo&list=PLBnIgIKJjojCojJveevdjMWTRfkvsJ94t&index=16
If you want to learn about bitcoin or ask us questions,
sign up for free at https://www.21towers.com.
Telegram: https://t.me/btc21towers
21Towers Podcast:
YouTube: https://youtube.com/playlist?list=PLBnIgIKJjojCojJveevdjMWTRfkvsJ94t
Apple Podcast: https://podcasts.apple.com/sg/podcast/21towers/id1560959546
Spotify: https://open.spotify.com/show/6X2WkOg74tVQLo0C182aNv
Twitter: https://twitter.com/21towersbitcoin
For bitcoin news, resources, price updates, and bitcoin mastery videos sign up for free at https://21towers.com.
Chapters
00:00 Introduction
00:31 Summary
01:25 Happy 14th Birthday Bitcoin
03:42 Long term damage of inflation
08:59 Hawkish US Fed showing signs of confusion
10:17 Bitcoin price & Mayer multiple
11:39 Is it a good time to buy GBTC?
18:23 Tim Draper predicts Bitcoin going 250K
20:38 Bitcoin trading volume drops massively - now at $22B/day
22:09 Crypto mess at FTX
22:44 CZ of Binance bombs CNBC interview
24:56 DCG & Genesis troubling saga continues
29:10 Bitcoin core developer loses Bitcoin
32:09 A simple custody solution that works (sign up at *https://21towers.com/*)
33:53 Thinking of Bitcoin price in probabilities and not absolutes
Links from this show:
https://dailybitcoiner.substack.com/p/td-genesis-block-jan-3rd-not-your
https://pomp.substack.com/p/the-long-term-damage-of-inflation
https://www.livemint.com/news/world/fed-meeting-minutes-may-point-to-rate-hike-endgame-new-debate-phase-11672831604064.html
https://buybitcoinworldwide.com/stats/mayermultiple/
https://bmpro.substack.com/p/the-bitcoin-ghost-town
https://u.today/tim-draper-continues-to-stand-by-his-250000-bitcoin-price-prediction
https://cointelegraph.com/news/bitcoin-price-will-reach-10000-might-take-another-year-tim-draper
https://news.bitcoin.com/global-cryptocurrency-trade-volumes-saw-a-significant-decline-in-december-2022/
https://unchainedpodcast.com/sam-bankman-fried-pleads-not-guilty-to-all-charges/
https://www.youtube.com/watch?v=TFxlMc1yLt0&t=75s
https://dirtybubblemedia.substack.com/p/digital-currency-grift
https://twitter.com/cameron/status/1609913051427524608
https://tftc.io/martys-bent/issue-1297-use-a-dedicated-hardware-device/
https://pomp.substack.com/p/probabilities-not-predictions
If you want to learn about bitcoin or ask us questions,
sign up for free at https://www.21towers.com.
Telegram: https://t.me/btc21towers
21Towers Podcast:
YouTube: https://youtube.com/playlist?list=PLBnIgIKJjojCojJveevdjMWTRfkvsJ94t
Apple Podcast: https://podcasts.apple.com/sg/podcast/21towers/id1560959546
Spotify: https://open.spotify.com/show/6X2WkOg74tVQLo0C182aNv
Twitter: https://twitter.com/21towersbitcoin
The podcast currently has 36 episodes available.