how-a-massive-devaluation-of-the-egyptian-pound-inspired-a-$100m-bitcoin-etp

How a Massive Devaluation of the Egyptian Pound Inspired a $100M Bitcoin ETP

(Maksym Kapliuk/iStock via Getty Shots Plus)

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 forex devalued in 2016.

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This episode is sponsored by Crypto.com and Nexo.io.

Hany Rashwan is the CEO of Amun/21Shares, the creator of a vary of publicly traded crypto products with over $100 million sources below administration. 

In this dialog, he and NLW focus on:

  • How he became once supplied to bitcoin by Tim Draper in 2012
  • How the Egyptian revolution and challenges that followed influenced his pondering 
  • How a 48% overnight devaluation of the Egyptian pound created the “aha” 2d spherical bitcoin
  • How bitcoin might possibly possibly also become the worldwide reserve forex 

Secure Hany Rashwan on-line:

Twitter: twitter.com/hany

Online page: 21shares.com

For extra episodes and free early entry sooner than our customary 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

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