Chapter
Investing in Crypto: Challenges for Family Offices
15:37 - 18:34 (02:56)
A current crypto billionaire may find it difficult to work with family offices who take a management fee of all holdings, particularly if they self-custody their coins. There is a lot of complexity in the world of DeFi and smart contracts, making it challenging for family offices to manage crypto portfolios effectively.
Clips
Private wealth managers and multi-family offices lack the expertise to manage portfolios of wealthy individuals with cryptocurrencies assets as they do not have a deep understanding of the nuances of the crypto market and how it works.
15:37 - 17:08 (01:30)
Summary
Private wealth managers and multi-family offices lack the expertise to manage portfolios of wealthy individuals with cryptocurrencies assets as they do not have a deep understanding of the nuances of the crypto market and how it works.
ChapterInvesting in Crypto: Challenges for Family Offices
Episode#196 with Dan Held - Who Really Created Bitcoin & Other Crypto Startup Ideas
PodcastMy First Million
The rise of crypto has created numerous billionaires and institutions whether they chose to disclose their wealth or not.
17:08 - 18:34 (01:25)
Summary
The rise of crypto has created numerous billionaires and institutions whether they chose to disclose their wealth or not. The speaker reflects on the early days of investing in cryptocurrency and the potential risk involved.