Will Peets, CIO of Passport Digital Holdings, believes that investors are terrible at discounting major secular changes in the market. Right now, he thinks that many are too slow in realizing the deflationary impacts that blockchain and cryptocurrency technology will have on the marketplace. Holding true to the Passport Capital mantra to “invest in things that haven’t happened before,” Peets takes a deep dive into how the cryptocurrency market is adapting to institutional participants, and speaks to the potential deflationary impacts of a generational change in technology, in this interview with Tyler Neville. Filmed on June 13, 2019 in San Francisco.
The Deflationary Impacts of Bitcoin