Bitcoin & Crypto | ESG & Climate Change | US
Ep. 140: Fred Thiel on FTX Fallout, Bitcoin Energy Myths, and Future of Crypto
- By Bilal Hafeez
- 1 min read
Fred Thiel is the CEO of Marathon Digital Holdings – one of the largest bitcoin mining companies in North America. Prior to this, Fred co-founded Sprocket, a blockchain and cryptocurrency technology and financial services company that focused on creating a single aggregated global trading marketplace. Before that, Fred served as CEO of Local Corporation, a Nasdaq-listed leader in online local search and digital media. Outside of these roles, Fred has founded and run numerous tech companies both in hardware and software. This week’s podcast covers:
- Becoming an entrepreneur
- Attempts at building a crypto exchange
- How bitcoin mining works
- How mining helps move to renewable energy
- What happens when most bitcoin has been mined
- Proof of work vs proof stake
- The difference between bitcoin and Ethereum
- Views on DeFi
- Thoughts on FTX
- Future of crypto markets
- Asset allocation and crypto
- Advice on starting and running businesses
- Systems thinking
- Books mentioned: Only The Paranoid Survive (Grove), High Output Management (Grove), Total Access (McKenna), The Practice of Management (Drucker), Management: Tasks, Responsibilities, Practices (Drucke), The Lean Startup (Ries)
You can follow Fred on Twitter and LinkedIn.
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(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)