What podcasts say about Rapha Zagury
Every statement, with the speaker, the exact quote and the moment it was said.
What Rapha Zagury has said on podcasts
44 statements · 33 positive · 8 negative · 3 neutral
Rapha would choose stablecoins over banks for holding dollar savings.
“I would definitely put in stable coin.”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 0:07
Banks are less transparent than stablecoins.
“Banks, you know, they're much less transparent.”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 0:12
Bitcoin clarified economics for Rapha.
“Bitcoin made that much more clear for me later on.”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 5:05
Bitcoin makes monetary policy predictable because its rules are encoded.
“Bitcoin is the first time that actually economics became black and white for me because the code is right there, right? The monetary policy, it's written in code.”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 6:57
Merrill Lynch’s collapse demonstrated the fragility of the financial system.
“the too big to fail was literally a thing, right? There was absolutely no way that some, you know, a company like Merrill Lynch, you know, with offices everywhere, massive revenues would collapse overnight, which is what happened.”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 13:06
Bitcoin’s price fell from roughly $1,000 to $300 after Mt. Gox.
“The price was something like $1,000 or something like that. Didn't pay too much attention. Then Mount Knox happened, right? And the price, yeah. Renting from like $1,000 to $300.”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 16:04
Bitcoin has a 21-million supply cap encoded in its protocol.
“I saw the 21 million cap and how it was. literally written in code”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 16:28
Warden models Bitcoin portfolio allocations according to investor risk tolerance.
“it kind of gave a model for people to think about, you know, how to size it appropriately, depending on the risk that they want it to take”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 18:28
Electron is probably the third- or fourth-largest public-comparable Bitcoin miner.
“Electron is the, today, probably the third or fourth largest miner in the world if we compare to public companies”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 19:40
Electron controls approximately 5% of Bitcoin network hash rate.
“we have... five percent of the network hash rate”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 19:47
Rapha conceptualizes Bitcoin mining as a fixed-income bond.
“the way that I think about mining is just, it's a bond. It's like a fixed income bond”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 21:17
Low-cost Bitcoin miners are more likely to survive bear markets.
“Bitcoin is a commodity at the end of the day. Commodity business, they don't come in good and bad. They just come around how you are positioned on the cost curve. So the low cost are the ones that survive.”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 24:17
Tether strongly supports Bitcoin and its ecosystem.
“they are hardcore Bitcoiners, first and foremost. They really support the Bitcoin ecosystem.”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 25:04
Electron became Tether’s mining arm.
“Electrum became the mining arm of Tether.”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 26:25
21 Capital aims to become a Bitcoin operating company.
“The company is becoming an operating company. That's our core focus. We want to become the Bitcoin operating company”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 30:37
21 Capital plans to issue debt to purchase additional Bitcoin.
“the fourth one. is doing everything that the other treasury companies are doing. We're going to do it as well, right? Which is issuing debt to buy more Bitcoin”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 34:15
21 Capital could use its unlocked Bitcoin holdings during market dislocations.
“if there is a dislocation in the market, listen, we have more than 43,000 Bitcoins in our balance sheet. Two-thirds of them are, you know, right now unlocked. We could do something with them.”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 34:43
21 Capital plans to establish an energy-trading arm.
“I think the first thing to do is that we are going to have an energy trading arm as well”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 35:35
Bitcoin-backed lending will continue growing.
“Bitcoin back lending is a sector that it's going to continue to grow.”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 36:47
Bitcoin-backed lending may offer exceptionally strong risk-adjusted returns.
“this is probably one of the best risk adjusted returns that you could have ever asked for.”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 38:41
Investors with one dollar should buy Bitcoin directly.
“If you have $1, you should buy Bitcoin.”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 39:11
21 Capital aims to outperform Bitcoin on a risk-adjusted basis.
“our goal is to, on a risk-adjusted basis, beat Bitcoin”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 39:37
Bitcoin mining usually underperforms directly holding Bitcoin.
“in most scenarios, mining does not beat Bitcoin.”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 39:57
Bitcoin mining can be less volatile than directly buying Bitcoin.
“Mining is less volatile than just buying Bitcoin in some situations.”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 40:42
Public criticism of Tether repeatedly changes its transparency standards.
“the public keep changing the the goalposts”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 42:08
KPMG is conducting Tether’s audit.
“I think the audit is you know it's the audit like people are going to be able to see it's kpmg doing the audit”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 42:24
Tether can provide less surveillance than Brazil’s centralized payment system.
“it is less surveillance than they use like in brazil for example”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 44:04
Tether has substantial demand in countries with weak currencies and financial controls.
“there is definitely a market for this.”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 47:09
Rapha would choose stablecoins over banks for twenty-year dollar savings.
“I would definitely put in stablecoins.”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 48:31
Tether probably holds at least full reserves for its liabilities.
“I can tell you that they probably do have even more than that”
Open the episode · Rapha Zagury: Tether's Bitcoin Empire, Taking Over XXI and What Comes NextListen at 49:17
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.