Juthica Chou's guest appearances

Juthica Chou

TFTC: A Bitcoin Podcast

What Bitcoin Did with Peter McCormack

Off the Chain

The Pomp Podcast

Dan Held

Parker Lewis

Jake Chervinsky

George Gammon

Ryan Selkis

Ari Paul

Caitlin Long

Matt Odell

Dan Tapiero

Pierre Rochard

Alex Epstein

Preston Byrne

Nik Bhatia

Travis Kling

Pete Rizzo

OwlTail

“You need to be able to withstand the fluctuations because one of the biggest dangers of leverage is you get closed out at precisely the wrong time...if you’re short and bitcoin rips up you get closed out.”— Juthica ChouLocation: RemotelyDate: Tuesday 22nd JuneProject: KrakenRole: Head of OTC Options TradingDerivatives are contracts that allow traders to take a position with an asset based on possible outcomes; while they can provide dramatic rewards, they come with risk.Derivative exchanges have been a growing part of the maturing bitcoin ecosystem. However, with the rise of exchanges like FTX and Binance, offering high leverage, there is an increasing lens on these exchanges. Derivative contracts are a valuable tool for experienced traders. With exchanges offering leverage of up to 125x, inexperienced traders can quickly amass significant losses.Whenever bitcoin has a sharp move in either direction, those on the wrong side of the trade often get liquidated. These capitulation events regularly wipe out hundreds of millions or even billions of dollars in positions. Some people suggest that high amounts of leverage are detrimental to the price discovery of bitcoin, but it's clear from the rise of certain exchanges that these are the types of markets traders want. In this interview, I talk to Juthica Chou,  Head of OTC Options Trading at Kraken. We discuss how bitcoin derivatives work, the different types of contracts, and Microstrategy's leverage plays.This episode’s sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook &amp; casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.Ledger - State of the art Bitcoin hardware walletRevolut - A better way to handle your money-----WBD366 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

“You need to be able to withstand the fluctuations because one of the biggest dangers of leverage is you get closed out at precisely the wrong time...if you’re short and bitcoin rips up you get closed out.” — Juthica ChouLocation: Remotely Date: Tuesday 22nd June Project: Kraken Role: Head of OTC Options TradingDerivatives are contracts that allow traders to take a position with an asset based on possible outcomes; while they can provide dramatic rewards, they come with risk.Derivative exchanges have been a growing part of the maturing bitcoin ecosystem. However, with the rise of exchanges like FTX and Binance, offering high leverage, there is an increasing lens on these exchanges. Derivative contracts are a valuable tool for experienced traders. With exchanges offering leverage of up to 125x, inexperienced traders can quickly amass significant losses.Whenever bitcoin has a sharp move in either direction, those on the wrong side of the trade often get liquidated. These capitulation events regularly wipe out hundreds of millions or even billions of dollars in positions. Some people suggest that high amounts of leverage are detrimental to the price discovery of bitcoin, but it's clear from the rise of certain exchanges that these are the types of markets traders want. In this interview, I talk to Juthica Chou,  Head of OTC Options Trading at Kraken. We discuss how bitcoin derivatives work, the different types of contracts, and Microstrategy's leverage plays.This episode’s sponsors: <a href="https://www.gemini.com/" rel="nofollow" target="_blank">Gemini</a> - Buy Bitcoin instantly <a href="https://blockfi.com/" rel="nofollow" target="_blank">BlockFi</a> - The future of Bitcoin financial services <a href="http://sportsbet.io/" rel="nofollow" target="_blank">Sportsbet.io</a> - Online sportsbook &amp; casino that accepts Bitcoin <a href="https://keys.casa/" rel="nofollow" target="_blank">Casa</a> - The leading provider of Bitcoin multisig key security. <a href="https://www.exodus.io/" rel="nofollow" target="_blank">Exodus</a> - The world's leading Desktop, Mobile and Hardware crypto wallets. <a href="https://www.ledger.com/" rel="nofollow" target="_blank">Ledger</a> - State of the art Bitcoin hardware wallet <a href="https://www.revolut.com/wbd" rel="nofollow" target="_blank">Revolut</a> - A better way to handle your money -----<a href="https://www.whatbitcoindid.com/podcast/how-bitcoin-derivatives-work" rel="nofollow" target="_blank">WBD366 - Show Notes</a><a href="https://www.whatbitcoindid.com/podcast/the-magic-of-bitcoin" rel="nofollow" target="_blank"> </a> ----- If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following: Become a <a href="https://www.patreon.com/petermccormack" rel="nofollow" target="_blank">Patron</a> and get access to shows early or help contribute Make a tip: Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S QR Codes: <a href="https://www.whatbitcoindid.com/bitcoin-tipjar" rel="nofollow" target="_blank">Bitcoin</a> If you do send a tip then please <a href="mailto:hello@whatbitcoindid.com">email me</a> so that I can say thank you Subscribe on <a href="https://itunes.apple.com/gb/podcast/what-bitcoin-did-podcast-bitcoin-crypto-trading-strategy/id1317356120?mt=2" rel="nofollow" target="_blank">iTunes</a> | <a href="https://open.spotify.com/show/0mWUJuONiilW5JSBBFZ0s7?si=5qcbjpjYSRyKpi8wycEZUw" rel="nofollow" target="_blank">Spotify</a> | <a href="https://www.stitcher.com/podcast/what-bitcoin-did" rel="nofollow" target="_blank">Stitcher</a> | <a href="https://soundcloud.com/what-bitcoin-did" rel="nofollow" target="_blank">SoundCloud</a> | <a href="https://www.youtube.com/c/WhatBitcoinDidPodcast" rel="nofollow" target="_blank">YouTube</a> | <a href="https://www.deezer.com/us/show/592752" rel="nofollow" target="_blank">Deezer</a> | <a href="https://tunein.com/radio/What-Bitcoin-Did-p1079869/" rel="nofollow" target="_blank">TuneIn</a> | <a href="https://www.whatbitcoindid.com/podcast?format=RSS" rel="nofollow" target="_blank">RSS Feed</a> Leave a review on <a href="https://itunes.apple.com/gb/podcast/what-bitcoin-did-podcast-bitcoin-crypto-trading-strategy/id1317356120?mt=2" rel="nofollow" target="_blank">iTunes</a> Share the show and episodes with your friends and family Subscribe to the newsletter on my <a href="https://www.whatbitcoindid.com/subscribe/" rel="nofollow" target="_blank">website</a> Follow me on <a href="http://twitter.com/whatbitcoindid" rel="nofollow" target="_blank">Twitter Personal</a> | <a href="http://twitter.com/whatbitcoindid" rel="nofollow" target="_blank">Twitter Podcast</a> | <a href="http://instagram.com/whatbitcoindid" rel="nofollow" target="_blank">Instagram</a> | <a href="https://medium.com/@whatbitcoindid/" rel="nofollow" target="_blank">Medium</a> | <a href="https://www.youtube.com/c/WhatBitcoinDidPodcast" rel="nofollow" target="_blank">YouTube</a> If you are interested in sponsoring the show, you can <a href="https://www.whatbitcoindid.com/sponsorship/" rel="nofollow" target="_blank">read more about that here</a> or please feel free to <a href="mailto:hello@whatbitcoindid.com">drop me an email</a> to discuss options.

How Bitcoin Derivatives Work with Juthica Chou

Interview Location: New YorkInterview Date: Thursday 11th, JulyCompany: LedgerXRole: Co-founder and Chief Operating and Risk ManagerThe growth in Bitcoin derivatives has led to an increase in interest from Wall Street and institutional investors. The market is clouded by regulatory uncertainty and all current Bitcoin futures are cash-settled, which brings additional problems.The market took a significant step forward when LedgerX announced that they had received regulatory approval to launch the first regulated physically settled Bitcoin futures contracts. LedgerX also announced the launch of a new trading platform called Omni, which, for the first time, will give US retail investors access to regulated derivatives markets.The physical settlement in Bitcoin is another signal of a maturing market. It means that when a contract expires, the buyer will now receive Bitcoin as opposed to fiat, meaning businesses and miners can now bypass the fiat system entirely.Will this lead to reduced volatility in the Bitcoin price and bring in more institutional investors? I visited LedgerX in New York and spoke with the Co-founder and COO Juthica Chou. We also discussed:- Regulators approach to Bitcoin- The licenses required to operate a regulated exchange- Institutional investors- Working at Goldman Sachs during the 2008 financial crisis- Betting on the Bitcoin halvening- $20k, $25k and $50k contracts- Why Bitcoin is better than Gold- Wall Street's interest in Bitcoin- LedgerX’s competition-----If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: Bitcoin | Ethereum | Litecoin | Monero | ZCash | RipplecoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Interview Location: New York Interview Date: Thursday 11th, July Company: LedgerX Role: Co-founder and Chief Operating and Risk ManagerThe growth in Bitcoin derivatives has led to an increase in interest from Wall Street and institutional investors. The market is clouded by regulatory uncertainty and all current Bitcoin futures are cash-settled, which brings additional problems.The market took a significant step forward when LedgerX announced that they had received regulatory approval to launch the first regulated physically settled Bitcoin futures contracts. LedgerX also announced the launch of a new trading platform called Omni, which, for the first time, will give US retail investors access to regulated derivatives markets.The physical settlement in Bitcoin is another signal of a maturing market. It means that when a contract expires, the buyer will now receive Bitcoin as opposed to fiat, meaning businesses and miners can now bypass the fiat system entirely.Will this lead to reduced volatility in the Bitcoin price and bring in more institutional investors? I visited LedgerX in New York and spoke with the Co-founder and COO Juthica Chou. We also discussed: - Regulators approach to Bitcoin - The licenses required to operate a regulated exchange - Institutional investors - Working at Goldman Sachs during the 2008 financial crisis - Betting on the Bitcoin halvening - $20k, $25k and $50k contracts - Why Bitcoin is better than Gold - Wall Street's interest in Bitcoin - LedgerX’s competition-----If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:Become a <a href="https://www.patreon.com/whatbitcoindid" rel="nofollow" target="_blank">Patron</a> and get access to shows early or help contributeMake a tip: Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S QR Codes: <a href="https://www.whatbitcoindid.com/bitcoin-tipjar" rel="nofollow" target="_blank">Bitcoin</a> | <a href="https://www.whatbitcoindid.com/ethereum-tipjar" rel="nofollow" target="_blank">Ethereum</a> | <a href="https://www.whatbitcoindid.com/litecoin-tipjar" rel="nofollow" target="_blank">Litecoin</a> | <a href="https://www.whatbitcoindid.com/monero-tipjar" rel="nofollow" target="_blank">Monero</a> | <a href="https://www.whatbitcoindid.com/zcash-tipjar" rel="nofollow" target="_blank">ZCash</a> | <a href="https://www.whatbitcoindid.com/ripplecoin-tipjar" rel="nofollow" target="_blank">Ripplecoin</a> If you do send a tip then please <a href="mailto:hello@whatbitcoindid.com">email me</a> so that I can say thank youSubscribe on <a href="https://itunes.apple.com/gb/podcast/what-bitcoin-did-podcast-bitcoin-crypto-trading-strategy/id1317356120?mt=2" rel="nofollow" target="_blank">iTunes</a> | <a href="https://open.spotify.com/show/0mWUJuONiilW5JSBBFZ0s7?si=5qcbjpjYSRyKpi8wycEZUw" rel="nofollow" target="_blank">Spotify</a> | <a href="https://www.stitcher.com/podcast/what-bitcoin-did" rel="nofollow" target="_blank">Stitcher</a> | <a href="https://soundcloud.com/what-bitcoin-did" rel="nofollow" target="_blank">SoundCloud</a> | <a href="https://www.youtube.com/whatbitcoindid" rel="nofollow" target="_blank">YouTube</a> | <a href="https://tunein.com/radio/What-Bitcoin-Did-p1079869/" rel="nofollow" target="_blank">TuneIn</a> | <a href="https://www.whatbitcoindid.com/podcast?format=RSS" rel="nofollow" target="_blank">RSS Feed</a>Leave a review on <a href="https://itunes.apple.com/gb/podcast/what-bitcoin-did-podcast-bitcoin-crypto-trading-strategy/id1317356120?mt=2" rel="nofollow" target="_blank">iTunes</a>Share the show and episodes with your friends and familySubscribe to the newsletter on my <a href="https://www.whatbitcoindid.com/subscribe/" rel="nofollow" target="_blank">website</a>Follow me on <a href="http://twitter.com/whatbitcoindid" rel="nofollow" target="_blank">Twitter Personal</a> | <a href="http://twitter.com/whatbitcoindid" rel="nofollow" target="_blank">Twitter Podcast</a> | <a href="http://instagram.com/whatbitcoindid" rel="nofollow" target="_blank">Instagram</a> | <a href="https://medium.com/@whatbitcoindid/" rel="nofollow" target="_blank">Medium</a> | <a href="https://www.youtube.com/whatbitcoindid" rel="nofollow" target="_blank">YouTube</a>If you are interested in sponsoring the show, you can <a href="https://www.whatbitcoindid.com/sponsorship/" rel="nofollow" target="_blank">read more about that here</a> or please feel free to <a href="mailto:hello@whatbitcoindid.com">drop me an email</a> to discuss options.

Juthica Chou on The First Physically Settled Bitcoin Futures

Join Marty as he sits down with Juthica Chou, Co-Founder and COO of LedgerX, to discuss Bitcoin options, what it was like for LedgerX to navigate the regulatory waters throughout the years, LedgerX's Omni platform, and much more. Learn about futures contracts based on block height, backing into projected price probabilities, and how miners hedge their risk. Check out LedgerX: https://ledgerx.com/ Follow Juthica on Twitter: https://twitter.com/juthica Follow Marty on Twitter: https://twitter.com/martybent Shout out to this week's sponsor, Cash App. Download the Cash App today from the App Store or Google Play Store and start #stackingsats 

Join Marty as he sits down with Juthica Chou, Co-Founder and COO of LedgerX, to discuss Bitcoin options, what it was like for LedgerX to navigate the regulatory waters throughout the years, LedgerX's Omni platform, and much more. Learn about futures contracts based on block height, backing into projected price probabilities, and how miners hedge their risk. Check out LedgerX: <a href="https://ledgerx.com/" rel="nofollow" target="_blank">https://ledgerx.com/</a> Follow Juthica on Twitter: <a href="https://twitter.com/juthica" rel="nofollow" target="_blank">https://twitter.com/juthica</a> Follow Marty on Twitter: <a href="https://twitter.com/martybent" rel="nofollow" target="_blank">https://twitter.com/martybent</a> Shout out to this week's sponsor, Cash App. Download the Cash App today from the App Store or Google Play Store and start #stackingsats

Tales from the Crypt #69: Juthica Chou

Juthica Chou is the founder of LedgerX. In this conversation, Anthony Pompliano and Juthica discuss working at Goldman Sachs, what options are and why they are important, how LedgerX became the only federally regulated crypto derivative platform, and what drove the company from 15 to 100 institutional customers in a year.