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Kosta Ouzas moved Bitcoin into cold storage, then used part of it as collateral to trade with an algorithm he built. He explains the tension between keeping crypto safe offline and putting it to work generating returns.
Kosta Ouzas moved Bitcoin into cold storage, then used part of it as collateral to trade with an algorithm he built. He explains the tension between keeping crypto safe offline and putting it to work generating returns.
One of the cool things. Some of those exchanges have what's called like a multi commodities or unified trading account. So say I've got 10 bitcoin and I've got them in cold storage. Great. Right. I've got the secret codes and you know, that's all locked down. But I want to now make some. I want to generate some returns from it. So I might take one of those bitcoins. I'm going to take the risk of putting it on an exchange, but I'm going to use the algorithm that I've developed. Now, that algorithm will allow you to use that asset, Bitcoin, which is going up in value, as collateral, to then trade with. So then what we're able to do is put it to work to keep it simply.
