Update on Tail Risk

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Paxos. Paxos offers your customers crypto buying, selling, transferring, and more with easy-to-integrate APIs. Whether you’re a small fintech or a large financial institution, Paxos takes care of everything in the backend – from licensing and compliance to custody and exchange. You can start offering crypto to your customers within months. To learn more, visit paxos.com/patrick.

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[00:02:04] – Today’s market and the porridge scenario

[00:07:38] – Risks to the market that people aren’t focused on

[00:10:54] – What lessons from 2008 do we need to heed this time

[00:13:07] – How does he think about inflation on the other side of this crisis

[00:16:02] – What does a too cold recovery look like

[00:20:35] – Benefits of nationalizing the banks vs pumping liquidity

[00:24:13] – What does the just right recovery look like

[00:25:24] – Assets that might be ideal to hold in a too hot or too cold scenario

[00:29:00] – His take on how Bitcoin has performed during this crisis

[00:31:53] – The US’s inherent strengths compared to the rest of the global economy

[00:34:50] – Advice for people

[00:38:59] – Paxos.com

[00:39:48] – What is he monitoring to see which way things shake out