In this episode of Understanding Macro we are joined by Lawrence (Larry) Lepard. Lawrence is a prominent voice in the precious metals and Bitcoin community. He is the founder of Equity Management Associates LLC, which focuses on investing in companies that mine precious metals such as gold and silver, along with Bitcoin and Bitcoin miners. He is also a partner at the Bitcoin Opportunity Fund with prior guests, James Lavish and Greg Foss. During the episode, we dive into the fundamentals of Bitcoin mining and its investment potential. We discuss their importance in securing the Bitcoin network, how Lawrence approaches investing in the space, and how he draws on his past experience investing in gold mining companies to Bitcoin miners. We also dive into his macro outlook near the end of the
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