Flippening - For Cryptocurrency Investors (bitcoin, Ethereum, And Cryptoasset Investing)

On March 19, 2019, Bitwise, a crypto asset management firm, filed a report with the U.S. Securities & Exchange Commission (SEC) in hopes of getting approval for their Bitcoin ETF. In the report, Bitwise asserted that 95% of exchange volume was fake and only 10 exchanges had "real volume."  This report spread like wildfire throughout crypto Twitter. Today, I'm joined by Nathaniel Whittemore, curator of Long Reads Sunday and coauthor of the 6,000-word mammoth on our blog entitled, "Crypto Market Cap: An In-Depth Review & Survey Of Emerging Alternatives." In this episode, we turn the tables as he interviews me about my take on the Bitwise report. Please enjoy this conversation between myself and Nathaniel Whittemore. In this episode we discuss: The proper context for understanding the purpose of the Bitwise report A high-level overview of what was included in the report How the analysis is fair for a Bitcoin ETF, but probably not fair for considering the rest of the cryptosphere Why