In this interview from the floor of the New York Stock Exchange, Victor Hugo Rodriguez speaks with Daniel Faria, CEO of Zero Stack, about Bitcoin, geopolitics, institutional flows, and Dubai. The conversation begins with a personal touch, noting that it is Daniel’s birthday, before moving into markets. Daniel highlights that he had previously projected Bitcoin would reach $75,000 before falling to $50,000, and despite the escalation in the Middle East involving Iran, Israel, and the United States, Bitcoin has remained resilient. His core argument is that Bitcoin is increasingly being viewed not simply as a speculative asset, but as the most liquid risk asset in the world, one that institutions may use to preserve capital during uncertainty.
The discussion then turns to ETF inflows and corporate treasury demand. Daniel notes that Strategy purchased an additional 22,000 Bitcoin during the week of March 9–15, reinforcing the idea that institutional conviction remains strong. He explains that Bitcoin’s liquidity and long-term return expectations continue to attract capital, even during wartime headlines. On risk, Daniel acknowledges that escalation is always the main negative scenario, but argues that portfolio management is the proper response: diversification across Bitcoin, gold, and other assets rather than panic.
They also discuss Dubai, where Daniel rejects the idea that the city is “finished,” even after recent weakness in real estate and regional tensions. He argues Dubai’s leadership thinks in decades, not months, and that long-term resilience remains intact. Looking ahead, Daniel says Bitcoin could reach $125,000 if institutional support continues, while also emphasizing that volatility will remain part of the digital asset story.
