CoinDesk Podcast Network
BREAKDOWN: How a Massive Devaluation of the Egyptian Pound Inspired a $100M Bitcoin ETP
Hany Rashwan, CEO of Amun/21Shares, explains how the proverbial bitcoin lightbulb went off when his native Egypt’s currency devalued in 2016.
This episode is sponsored by Crypto.com and Nexo.io.
Hany Rashwan is the CEO of Amun/21Shares, the creator of a variety of publicly traded crypto products with over $100 million assets under management.
In this conversation, he and NLW discuss:
- How he was introduced to bitcoin by Tim Draper in 2012
- How the Egyptian revolution and challenges that followed influenced his thinking
- How a 48% overnight devaluation of the Egyptian pound created the “aha” moment around bitcoin
- How bitcoin could become the global reserve currency
Find our guest online:
Twitter: twitter.com/hany
Website: 21shares.com
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