Crypto Investment Thesis Redux

August 6th, 2020

So much has changed in the past twelve months since we first published our general cryptoasset investment thesis, a 150-slide presentation examining the drivers and barriers to broadening ownership of cryptoassets such as bitcoin (BTC) and Ethereum (ETH). With the COVID pandemic and ongoing economic fallout, along with developments within the crypto space such as the…

US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space

August 6th, 2020

A bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token staking. These politicians believe America’s ingenuity can help drive this promising staking technology. The four congressmen are Bill Foster (D) of Illinois, Darren Soto (D) of Florida, Tom Emmer (R) of Minnesota, and David Schweikert…

The Great Mother of All Financial Crises

August 5th, 2020

August Market Outlook We are moving closer to a crisis that is potentially much more catastrophic than the 2008 Great Financial Crisis, or GFC. The July US debt outlook downgrade by Fitch, along with a warning from Goldman Sachs analysts about the risk of the US dollar losing its dominant reserve currency status, marked a more visible…

The Search for our next Ventures Team Member

August 4th, 2020

The Search for Our Next Ventures Team Member We’re now 2 years into Ventures, and ~15 investments later, we’re excited to expand the investment team. Our future team member will source, diligence, and lead deals into the best new crypto companies and projects that are at the earliest possible stage. Passion for crypto is…

Free your money, free your identity

July 30th, 2020

Can the technology that gave us bitcoin also free us from the control of internet giants? This month, a sophisticated Twitter hack targeted and compromised the accounts of many high profile public figures such as Barack Obama, Bill Gates, and Elon Musk, using the opportunity to solicit people to deposit money into the scammers’ bitcoin addresses….

Stablecoin on the Run

July 29th, 2020

Research Primer on Tether (USDT) HIGHLIGHTS Created in 2014, Tether (USDT) has remained the dominant and most widely used stablecoin and can be credited with kickstarting the stablecoin boom we analyzed in our 2018 and 2019 State of Stablecoins reports Since early 2019 Tether has consistently ranked as a top-5 cryptocurrency in terms of market value…

A Review of Blockchain in 2020

July 28th, 2020

The road to 1B wallets will fight tirelessly to help build a financial system for the internet that empowers anyone in the world to control their money. 2020 has been a year for the history books. A global pandemic, economic crisis, and record-setting quantitative easing (money printing!) has reminded us that the need for an independent…

Security Is Our Top Priority

July 16th, 2020

Security Is Our Top Priority: A Note on Yesterday’s Social Media Scam Social media can be a useful way to connect with others, stay informed, and express yourself. However, there are those who will try to exploit social media security holes to their advantage. We want to make sure our community is as safe and informed…

Crypto-Wall Street Convergence

July 14th, 2020

Traditional finance emerges from its crypto trough of disillusionment There have been few true constants in the evolution of cryptocurrencies over the last five years, but speculation around the arrival of institutions and institutional investors has been one of the most consistently heralded themes. For years, “Wall Street is coming” to crypto has been prematurely declared,…

7 Things to know before buying your first Bitcoin or other Crypto

June 29th, 2020

Did you know that “stacking sats” refers to accumulating little bits of bitcoin? Last week a reporter asked me what one piece of advice would I give to someone thinking of investing in crypto. These types of questions drive me crazy because I don’t provide investment advice and crypto isn’t about making a quick buck. If…