NP

Nic Puckrin

Analyst and Founder at Coin Bureau
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Nic is an investment expert and passionate advocate of cryptocurrency and blockchain technology. He began his career in a quantitative role at Goldman Sachs, but was attracted by decentralized and permissionless finance. Soon becoming an experienced entrepreneur and investor, Nic founded Coin Bureau in 2017, which publishes independent crypto-educational content. Today, Coin Bureau operates several media assets including the largest crypto-focused YouTube channel in the industry.

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  • MicroStrategy's Bitcoin Strategy: A Risky Yet Innovative Approach
    Nic explains that MicroStrategy's use of stock sales and convertible bonds to fund Bitcoin purchases is innovative. Despite potential risks if Bitcoin's price falls, Michael Saylor's strategy avoids forced liquidations. While equity holders may struggle if prices remain low, Saylor's commitment to holding BTC remains strong, reflecting confidence in the long-term strategy.
  • Trump's Gulf Visit: A Catalyst for AI Growth and US-Gulf Tech Collaboration
    Nic suggests Trump's trade-first diplomacy aligns with the Gulf's AI ambitions, potentially accelerating US tech exports and partnerships. The delegation, including Larry Fink and Citibank's CEO, signals a shift from oil to AI. Lifting semiconductor export restrictions could boost local AI infrastructure. Gulf investments in US AI may leverage expertise for regional innovation, positioning the Gulf as a future AI leader.
  • Tether's Strategic Move: Acquiring Adecoagro for Diversification
    Nic explains, “Tether is venturing into real-world asset tokenization, diversifying with inflation-resistant agriculture.” This move reduces crypto volatility and aligns with Tether's interest in renewable energy. Strengthening its LATAM presence, Tether adapts to regulatory challenges in the EU and US, ensuring stability amidst market fluctuations.
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  • https://www.americanbanker.com/payments/news/elon-musk-and-doge-get-access-to-treasury-payment-systems - 4 Feb 2025

    Critics of Musk will likely voice concerns that this access could mean utilizing the payment system for political gain, said Nic Puckrin, founder of CoinBureau, a digital asset analyst, research and consulting firm. "Taken to the extreme, this means DOGE could restrict payments to certain people, organizations, etc. As Treasury payments are supposed to be nonpartisan, this would certainly be an unwelcome result," Puckrin said.

    Musk, for example, is attempting to shut down USAid, an agency that supervises foreign aid, disaster relief and other international programs.
    By accessing Treasury payments, DOGE may be able to analyze where these payments are going, Puckrun said. "In the past, Musk has made accusations of fraudulent or wasteful transactions, and, if he is proven right, this could have broad political and economic reactions."

    The sweet spot for DOGE's participation in federal payments would be ensuring that systems remain robust, but with no political interference, combined with rampant cutting of costs with new technologies, according to Rausis. "It is a bold idea, but very risky."

    There are efficiencies that can be brought to the Treasury, Puckrin said. "One could be to reduce the number of payment methods utilized by the agency. The department could also upgrade the systems to send more FedWire payments (instant) vs. ACH Payments, which take one to three days to clear," Puckrin said.

    Another potential upgrade to the payment system could be through stablecoins, according to Puckrin. "If the U.S. passes a comprehensive stablecoin bill, which seems likely, the use of stablecoins in banking settlements could proliferate exponentially. And stablecoins are a much more efficient method of settlement than current models."