Benjamin Delo

Cofounder, BitMEX

Search every verified Benjamin Delo interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In a September 2020 panel for the Pacific Basin Economic Council, Benjamin Delo, co-founder of 100x Group and BitMEX, discussed the state of Bitcoin and the cryptocurrency market. Delo described Bitcoin as a protocol for computers to communicate, enabling a decentralized ledger and a currency without a central issuer or control. He noted that the Bitcoin-US dollar perpetual swap, launched by BitMEX in 2016, has become the company's flagship product, trading around a billion dollars a day, and has been widely copied by other platforms. Delo also addressed broader market conditions, stating that increased macroeconomic uncertainty and disruption to the traditional financial system would likely drive more people toward Bitcoin as an alternative. He acknowledged that Bitcoin is "very high risk" and "very speculative," and that the idea of a global computer network replacing central banks remains "a rather crazy idea." He expressed confidence that engagement and communication with global institutions could help address challenges facing the sector, noting that these institutions are increasingly turning to the private sector for solutions.