The FTX collapse, arrest of Sam Bankman Fried, and the following collapse of the crypto market opened new alternatives for Kasper Vandeloock, whereas different gamers had been pressured to exit the market.
Notice: There are 2 elements to this interview. Half 1 was recorded previous to the collapse of the crypto market as a result of downfall of FTX. Half 2 (hear proper after Half 1) is a follow-up interview with Kasper to get his perspective on the affect of the collapse of FTX and the way it impacted his methods.
When Kasper was simply 16 years outdated, he acquired his first Bitcoin as fee for his programming abilities. Intrigued by the rising alternatives in crypto currencies, he dropped out of highschool to dive deep into studying every little thing he might about this fast-paced new kind of finance and medium of alternate. Recognizing market inefficiencies in costs between the totally different exchanges impressed Kasper to jot down his personal packages which took benefit of delta impartial arbitrage alternatives.
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Matters & Timestamps:
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- 0:00 Background and targets
- 6:40 What makes crypto fascinating to Kasper
- 7:50 What varieties of crypto did he purchase to start with
- 9:30 Notion of crypto
- 12:15 Why be a quantitative dealer with crypto and methods used
- 18:12 What’s a perpetual contract and yield alternatives
- 27:30 Benefits of Defi
- 28:30 NFT’s and their perceived worth
- 33:13 Causes for prior market collapse
- 35:00 Motivation for beginning a quant fund
- 37:45 Micro service structure design and its benefits
- 40:20 Beginning a Crypto fund
- 42:25 Long run targets
- 43:45 Regulation wanted?
- 44:45 Mindset of an algo dealer versus a discretionary dealer
- 46:45 What Kasper struggles with most
- 48:40 How did Kasper be taught—Mentors?
- 51:10 Sacrifices taken
- 53:10 Options for these curious
- 54:20 Methods to attain Kasper
- 1:00:35 Recap replace and causes for collapse of FTX
- 1:03:49 FTX impacts on crypto’s, NFT’s and lending
- 1:05:33 How was Defi affected by the FTX collapse?
- 1:06:33 Impacts on Kasper’s methods
- 1:08:53 Gamers leaving the crypto area elevated alternatives?
- 1:10:35 Use of leverage
- 1:11:40 Central banks saying crypto is irrelevant. The tip of crypto?
- 1:15:35 Regulation wanted for Defi?
- 1:17:35 Very bearish sentiment. Contrarian indicator?
- 1:19:35 Methods to enhance belief within the centralized exchanges
- 1:22:04 Want for algorithmic steady cash?