FINANCIAL SERVICES ZACK MICHAELSON TITLE : SNR . DIRECTOR DIGITAL ASSETS & EMERGING TECHNOLOGY LEAD FOR DIGITAL TRANSFORMATION
FINANCIAL SERVICES ZACK MICHAELSON TITLE : SNR . DIRECTOR DIGITAL ASSETS & EMERGING TECHNOLOGY LEAD FOR DIGITAL TRANSFORMATION
COMPANY : PUBLICIS SAPIENT INDUSTRY : FINTECH LOCATION : UNITED STATES
Zack Michaelson is a Senior Director at Publicis Sapient , where he leads the digital assets and financial services emerging technologies vertical . He is also an adjunct professor at NYU since 2008 . Michaelson is an expert in the regulation of cryptocurrencies and Central Bank Digital Currencies ( CBDCs ), focusing on their impact on institutional investment and financial markets .
The relationship between gold and Bitcoin is also significant since gold is considered a store of value and a safe haven , showing a low correlation with traditional assets like stocks and bonds . Bitcoin and gold have often been compared , with Bitcoin being dubbed “ Gold 2.0 .” The analogy comes from the limited supply in both cases and the fact that they are both costly to produce / extract as they require energy .
The role of regulatory changes in Bitcoin ’ s volatility “ Regulatory changes affect Bitcoin ’ s volatility significantly ,” says Nathalie . “ For instance , when China decided to forbid any Bitcoin-related activities , including mining , in April 2021 , it led to a major drop in Bitcoin price from approximately US $ 64,000 to US $ 48,000 .
136 July 2024