Image for post
Image for post

Click here to register for the webinar on Zoom

We’re living in a time of unprecedented wealth creation, and it’s largely happening in tech. But with tech companies staying private longer, most investors can’t invest until valuations are already in the tens of billions. Public investors got their first chance at Palantir at a valuation of $22 billion. The first trade in Snowflake was at $68 billion. The returns to early investors were truly remarkable. While secondary trading platforms like Sharespost provide opportunities to invest in secondary shares of private companies, the dominant platform for investing in startups in AngelList.

AngelList launched in 2010 with a curated list of 25 investors that founders Naval Ravikant and Bibi Nivi would email with investment…


Image for post
Image for post

Click here to register for the webinar on Zoom

We’re living in a time of unprecedented wealth creation, and it’s largely happening in tech. But with tech companies staying private longer, most investors can’t invest until valuations are already in the tens of billions. Public investors got their first chance at Palantir at a valuation of $22 billion. The first trade in Snowflake was at $68 billion. The returns to early investors were truly remarkable. While secondary trading platforms like Sharespost provide opportunities to invest in secondary shares of private companies, the dominant platform for investing in startups in AngelList.

AngelList launched in 2010 with a curated list of 25 investors that founders Naval Ravikant and Bibi Nivi would email with investment…


Image for post
Image for post

We had a great “Stablecoins Are Killing It” episode #26, featuring Sudhu Arumugam, co-founder and chief risk officer of Hong Kong based CoinFLEX, which recently introduced flexUSD, a multi-yield-bearing stablecoin, and the first stablecoin that pays interest at the base level.

Our other guest was Ben Simon, an investment analyst at Mechanism Capital, where he wrote a widely read treatise on stablecoins titled “Stability, Elasticity, and Reflexivity: A Deep Dive into Algorithmic Stablecoins.”

CoinFLEX is a super interesting project. But this post is to encourage anyone interested in learning about algorithmic stablecoins (e.g. …


Image for post
Image for post

Click here to register for the show on Zoom

We started “Stablecoins Are Killing It” on April 25, 2020, because stablecoins were the fastest-growing segment of crypto, with their market cap increasing by 40%/$2.4 billion in Q1 2020 to $8B. Nine months later, total market cap is over $32 billion!


Image for post
Image for post

Subscribe to our weekly crypto newsletter

Amara’s Law — We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.

With bitcoin hitting new highs, an ever-present question is … how high can bitcoin go? The tl;dr answer is:

  1. Crypto is the biggest thing to happen in the history of humanity
  2. Amara’s law suggests we’re underestimating the impact of bitcoin
  3. At parity with $1 (100 cents = 100 sats = 1 dSat or dollar SAT ) bitcoin is worth $1M
  4. While it’s difficult to comprehend a market capitalization of $18.5 trillion ($1M per Bitcoin), we get there by achieving just 5% of the global market cap of stocks and bonds in 2031, or equaling the value of gold in 2031, or by adding the same value per day that Apple has added since…


Image for post
Image for post

Click here to register for the show on Zoom

We started “Stablecoins Are Killing It” on April 25, 2020, because stablecoins were the fastest growing segment of crypto, with their market cap growing by 40%/$2.4 billion in Q1 ’20 to $8B. Eight months later, total market cap is over $27.5 billion! Even more important than volume of issuance, is transaction volume, which is tracking to surpass $1 trillion in 2020, up more than 4X 2019 levels:


Image for post
Image for post

Sign up for our weekly crypto newsletter

Clocking in at 134 pages, Messari’s “Crypto Theses” is a remarkably impressive overview of the crypto ecosystem, and a must read for any crypto enthusiast.

While he was supported by the 25-person Messari team, the report was written in the first person by Ryan Selkis, co-founder and CEO of Messari. We’ve been Ryan fanboys since January when he spoke at CryptoMondays NYC and mesmerized us with his discussion of his Crypto Theses 2020.

The longest chapter in the report is on DeFi, but it’s a comprehensive state-of-the-state coupled with thought provoking predictions about 2021 and…


Image for post
Image for post

On Dec. 2, 2020, Jeffrey Tucker, the editorial director of the American Institute for Economic Research, published an article titled “Why Does Bitcoin Have Value?” In the post, Tucker references the regression theorem of legendary Austrian School economist Ludwig von Mises when he writes that:

The initial value of money, before it becomes widely traded as money, originates in its direct utility. .. The payment system is the source of value.

Like many, we found the article to be insightful and thought-provoking, so we asked Tucker to join us for a webinar to provide greater context to his recent article.

The time listening to Tucker talk about his Bitcoin journey, starting in 1995, was truly one of the favorite hours we’ve spent in the 3.5+ …


Image for post
Image for post

We had a great show featuring David Markley, Director of Business Solutions at Algorand. You can watch the show in it’s entirety below:

Or you can read our five highlights :

1. Algorand Set Out To Solve The Blockchain Trilemma

Silvio Micalia is an MIT professor best known as a co-inventor of Zero-Knowledge Proofs, for which he won the 2012 Turing Award (aka the “Nobel Prize in Computing”).

In 2017, Silvio set about ​​creating a new consensus algorithm that would solve the “blockchain trilemma”, which Vitalik coined to refer to the need to make tradeoffs between scalability, security and decentralization:

About

Lou Kerner

Believe Crypto is the biggest thing to happen in the history of mankind. Focused on stablecoins (founded JustStable.com) & communities (founded. CryptoMondays)

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store