Cover art for podcast The Derivative

The Derivative

111 EpisodesProduced by RCM AlternativesWebsite

Welcome to The Derivative by RCM Alternatives, where we dive into what makes alternative investments go, analyze the strategies of unique hedge fund managers, and chat with interesting guests from across the investment world. Hosted by RCM Managing Partner, Jeff Malec, join us to take a ride through… read more


The Bull and Bear Cases for Bitcoin with Meltem Demirors & Nic Carter

Bitcoin started the year with a bang, rising up above $41k before falling back into the 20ks, and settling in the mid 30ks lately. It was at $5k in March 2020! Yet it feels way different, and dare we say – less volatile – this time. How are we supposed to interact with bitcoin, how do you capitalize on the volatility, and where does it fit into investor portfolios overall? We have two big-time bitcoiners on with us today to go over it all – Meltem Demirors, Chief Strategy Officer at CoinShares, and Nic Carter, Partner at Castle Island Ventures and Cofounder at Coinmetrics. In this episode we’re talking about: finally not being the most volatile asset, bitcoin futures contract, crypto buyers jumping to options & vice versa, ethos of decentralization, your digital footprint, capturing volatility, risks in owning bitcoin, bitcoin as a trading game, adding bitcoin to your portfolio, is bitcoin too expensive right now?, the future of crypto regulation,  the bitcoin price ceiling, bear case of bitcoin, and whether the opportunities are in the coin or the peripheral services.


02:14 = The Strange Digital World

16:32 = Backgrounds, Booms, and Busts

32:08 = The Next Iteration of Crypto & Bitcoin Nation

46:56 = Bitcoin as an Investment

01:06:10 = Defi, Crypto & The State of Bitcoin Success

01:23:04 = Favorites

Follow along with Meltem at @Melt_Dem and CoinShares and with Nic at @nic__carter, Castle Island Ventures, and CoinMetrics.

Here’s the Star Wars infographic mentioned.

And last but not least, don't forget to subscribe to The Derivative, and follow us on Twitter, or LinkedIn, and Facebook, and sign-up for our blog digest.

Disclaimer: This podcast is provided for informational purposes only and should not be relied upon as legal, business, or tax advice. All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinions of RCM Alternatives, their affiliates, or companies featured. Due to industry regulations, participants on this podcast are instructed not to make specific trade recommendations, nor reference past or potential profits. And listeners are reminded that managed futures, commodity trading, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. For more information, visit

Educational emoji reaction


Interesting emoji reaction


Funny emoji reaction


Agree emoji reaction


Love emoji reaction


Wow emoji reaction


Are you the creator of this podcast?

Verify your account

and pick the featured episodes for your show.

Listen to The Derivative


A free podcast app for iPhone and Android

  • User-created playlists and collections
  • Download episodes while on WiFi to listen without using mobile data
  • Stream podcast episodes without waiting for a download
  • Queue episodes to create a personal continuous playlist
RadioPublic on iOS and Android
Or by RSS
RSS feed

Connect with listeners

Podcasters use the RadioPublic listener relationship platform to build lasting connections with fans

Yes, let's begin connecting
Browser window

Find new listeners

  • A dedicated website for your podcast
  • Web embed players designed to convert visitors to listeners in the RadioPublic apps for iPhone and Android
Clicking mouse cursor

Understand your audience

  • Capture listener activity with affinity scores
  • Measure your promotional campaigns and integrate with Google and Facebook analytics
Graph of increasing value

Engage your fanbase

  • Deliver timely Calls To Action, including email acquistion for your mailing list
  • Share exactly the right moment in an episode via text, email, and social media
Icon of cellphone with money

Make money

  • Tip and transfer funds directly to podcastsers
  • Earn money for qualified plays in the RadioPublic apps with Paid Listens