51. The Global Bond Market and Bitcoin with Greg Foss

Experienced high-yield credit trader Greg Foss joins Saifedean Ammous for a discussion on why bond investors should own Bitcoin. They talk about why Bitcoin represents insurance against sovereign debt defaults, how Greg’s values Bitcoin using data from the Credit Default Swap markets, and why those same markets suggest that Canada’s official credit rating is too high. Greg makes reference to: This table showing the implied default risk of different countries based on CDC markets: http://www.w...