0xTodd's Investment Philosophy: Bitcoin + U.S. Bonds, a Portfolio That Lets You 'Sleep Soundly' Long-Term
English Summary:
0xTodd, partner at Nothing Research and co-founder of Ethereum staking pool EBunker, shares his investment philosophy and crypto journey in this interview. He entered crypto in 2017 after recognizing Bitcoin's real-world utility during the "WannaCry" ransomware event.
His research methodology, shaped by his background in materials chemistry, emphasizes verifiable conclusions and welcomes external critique. He famously correctly predicted the collapse of Luna/UST in 2022, profiting from this structural insight.
Todd's core investment thesis is a "sleep-well-at-night" portfolio: Bitcoin + US Treasury bonds. The logic is a complete hedge: if central banks keep printing money, Bitcoin benefits; if they stop, high-yield bonds provide stable returns.
He identifies stablecoins as crypto's second "killer app," particularly those backed by real-world assets like US debt (e.g., BMRUSD), for their utility in global payments and settlements.
On AI, he sees crypto as a natural solution for AI economy transactions, providing the necessary programmable, permissionless settlement layer.
His advice for newcomers is to learn core technology (Bitcoin, Ethereum, DeFi) before trading. Key 2026 trends he identifies are: Crypto finding its role alongside AI (productivity vs.生产关系), stablecoin adoption expanding, and合规ization bringing institutional capital.
Ultimately, Todd believes long-term success in crypto comes from slow, structural thinking and understanding the underlying mechanisms, not chasing narratives.
marsbit01/13 14:06
