PFS breakfast session -”Bitcoin, Fools Gold?...”

Session Overview: 

Bitcoin (BTC) is a decentralised digital currency that operates without the oversight of central banks or governments. Launched in January 2009 by an anonymous creator known as Satoshi Nakamoto, it was the first widely adopted cryptocurrency and serves as a peer-to-peer electronic payment system.  

Transactions are recorded on a public, decentralized system called the blockchain, which ensures transparency and security. Bitcoin can be used to send money globally, make purchases, or as an investment, and its supply is limited to 21 million coins, which helps give it value.

Learning objectives

By the end of this session:

o    Define digital assets, distinguishing between traditional and non-traditional        categories.
o    Explore the cryptocurrency market, including Bitcoin’s dominance, its                volatility, and historical performance.
o    Discuss Bitcoin’s role as an alternative asset for clients and outline key              considerations when selecting a crypto ETP.
o    Provide insights into how blockchain works and the process of buying and        selling Bitcoin

Elliot Date, Senior Manager, UK Digital Assets

Elliot joined Fidelity in 2014 where he started in the customer services team, progressing into the UK Wholesale sales team in 2015.

Since joining the sales team, Elliot has taken responsibility for several of Fidelity’s key clients across the south of the UK whilst also delivering presentations across the UK at numerous industry events.

He holds his Level-4 IMC qualification, the CFA Certificate in ESG investing, CFTe (Certified financial technical) qualification from the international federation of technical analysts & is a full member of the Society of Technical Analysts in London.

In his spare time, Elliot is an avid reader, martial artist, and gardener.