Oliver Isaacs has risen from behind the scenes to being one of the top blockchain investors and strategists in the world. According to the top celebrity wealth sites, Oliver Isaacs is believed to have a current net worth of $80 million in part due to having successfully invested and purchased many holdings of digital currencies very early on. He is also listed on Forbes’ wealth power rankings.
Isaacs has become one of the foremost authorities on blockchain investing and was an early investor in Ethereum, Bitcoin Cash, and Monero. With a total social media following of around 1m followers, Isaacs’ company has worked closely with a number of well-known blockchain companies and exchanges, such as OKex, KuCoin, Coinsquare and Dragon. The total amount raised by companies Oliver has worked with has exceeded $400 million.
The early years
Isaacs graduated from the London School of Economics and gained extensive work experience including at the financial powerhouses J.P. Morgan, Goldman Sachs, Citibank, GLG Partners and many others across finance, trading and law. He also represented England at junior chess level.
So, how did Isaacs amass such great wealth?
From there, he has become one of the leading blockchain investors and influencers in the world. Having invested in coins such as Bitcoin, Ethereum and Monero when they were only single digit coins means he has seen returns in excess of 10,000%. According to his Twitter channel, Twitter.com/Oliverzok, he continues to actively trade volatility in the crypto markets and is known to spot significant arbitrage opportunities in the markets. Isaacs has also been featured in the Instagram and Facebook Stories of high profile entrepreneurs giving business and investing advice. These include Tony Robbins, Mark Cuban, and Tim Ferris.
Isaacs’s tech and blockchain advisory business has boomed in the last couple of years and he maintains close relationships with his solid investor base such as those he has worked closely with and advised—including Pantera Digital Asset Fund, Polychain, and Fenbushi who manage a total combined capital fund of over $500 million.
According to a source, Isaacs is paid as much as $30,000 to $50,000 for one speech. He has given talks around the world such as at Web Summit and Techcrunch Disrupt on startups, content virality, investing, cryptocurrencies, blockchain technology, ICOs, entrepreneurship, and motivation and regularly discusses these topics in his daily stories on Instagram and Facebook. He has worked with and advised some of the world’s leading blockchain companies, Fortune 500 CEOs and tech investors.
So will Isaacs’ net worth continue to increase in the coming years. Assuming his shrewd investment decisions continue, then it is likely. Last year, major investors such as Tim Draper, Fundstrat’s Tom Lee and Anthony Pompliano made predictions as to where they see Bitcoin’s price long-term.
Isaacs predicts that the crypto rally will continue long-term and the price of Bitcoin could trade as high as $100,000 by 2023, according to an interview with Bloomberg. Cryptocurrencies are currently in a bear market, but there are plenty of reasons for long term optimism. Short term volatility is great if you’re speculating or looking for arbitrage, but what really matters to HODLers and serious investors is the long-term trend in the value of popular cryptocurrencies like Bitcoin and Ethereum. Bitcoin went from less than $1,000 a coin to nearly $20,000 a coin, or approximately a 2000% increase in about 1 year. So what would cause the price of Bitcoin to increase to even greater astronomical levels in the future?
According to Isaacs, who has maintained his bullish sentiment for the last four years, there are plenty of reasons to see how this could happen in the future.
He explains that the value of Bitcoin has followed the same trend as major social networks. In other words, greater engagement equates to greater value. Metcalfe’s law has been reflected in the value of companies like Facebook, Google, and Alibaba. This principle states that the value of a network is proportional to the square of the number of connected users in the system. 94% of the change in value of Bitcoin in the past 4 years can be explained by this equation. Despite the current bear market conditions, digital assets are here to stay, and he strongly believes the value of digital assets will soar over the long-term. Isaacs explains that the basic economics should be considered first. The fact that Bitcoin is limited to 21 million coins means that, over time, it is going to be much harder to mine, and there is going to be a limit on the total supply of Bitcoin. The halving will occur in two years, which will slow the rate of introduction of new Bitcoin into the ecosystem as the total supply marches ever closer to 21 million.
He goes on to emphasize in his Bloomberg Interview how fiat currencies have failed in many because humans can’t help but print more money. There has never been a time where a deflationary alternative built on code and mathematics is needed. Bitcoin has a compelling use-case as a store of value, particularly in countries experiencing hyperinflation such as Iran, Turkey, and Venezuela. Bitcoin also has a compelling use case in remittances, and greater adoption by financial institutions will help provide these services at more competitive rates.
Isaacs conveys that institutional investors and major financial institutions are starting to enter the market, and these entities are trading in Bitcoin futures and other derivatives products via the CME and CBOE. Liquidity spikes could push the price of Bitcoin even higher. As new legitimate businesses spring up that enable cryptocurrencies to be used for a more diverse array of financial transactions such as Coinbase, Fidelity and J.P. Morgan, adoption will inevitably increase in the long run. This limited supply, coupled with an expected increase in demand, requires that the price naturally increase. Here’s the thing…Oliver Isaacs is just getting started and he has a lot of good years ahead of him.