About this episode
In this episode, Director, Investment Research, Kara O’Halloran, is joined by FS Investments digital asset specialist and Client Portfolio Manager, Dan Wilk, to discuss the future of the crypto industry after the catastrophic collapse of FTX. The two discussed what happened and how this massive failure occurred, the likelihood of future regulation and Dan’s long-term outlook for the crypto space.
Transcript excerpt:
[00:00:00] Dan Wilk: Think about how many times Bitcoin has been deemed, dead or gone and battle tested over the 12-year life cycle. It’s pretty remarkable. But the software continues to exist and thrive on. Different humans are just interacting with it cause they’re all tattered, broken, and bruised.
[00:00:19] Kara O’Halloran: Welcome back to FireSide, a podcast from FS Investments. My name is Kara O’Halloran. I’m a director on the investment research team here. On today’s episode, the collapse of one of the world’s largest crypto exchanges, FTX has dominated headlines in recent weeks. So today we’re going to talk about what, and more importantly, how this massive failure happened and what this means for the broader crypto landscape moving forward. So to talk through all of that, I have brought on FS’s own crypto expert and client portfolio manager, Dan Wilk. Dan, thanks for joining me.
[00:00:51] Dan Wilk: Great to be here. I’m amazed you invited me back. Well, but I guess it took a pretty big event to get me here, huh?
[00:00:56] Kara O’Halloran: Well actually, I have to say, I think this is long overdue because our Spotify wrapped came. I’m a big Spotify Wrapped fan, so it can tell me how much Taylor Swift I listened to during the year. But we get a Spotify Wrapped for our podcast, and you are our most popular episode ever. So I think the listeners are going to be very excited that you are back.
[00:01:14] Dan Wilk: Yeah, it could be me, it could be the topic. I’ll probably lean more on the topic, but…
[00:01:18] Kara O’Halloran: No, we’ll go 50/50.
[00:01:19] Dan Wilk: There you go.
[00:01:20] Kara O’Halloran: You were a great guest though.
[00:01:22] Dan Wilk: I like it.
[00:01:22] Kara O’Halloran: And I know it’s been a quiet couple weeks for you, right? Nothing going on.
[00:01:25] Dan Wilk: Really quiet. Not a lot to, uh, to look at, which, we won’t have much to talk about to it.
[00:01:29] Kara O’Halloran: Oh yeah. Perfect. So we’ll, we’ll get done in a couple minutes. No. Right.
