We're posting up notes from the Sohn San Francisco 2018 investment conference. Next up is Dan Morehead of Pantera Capital who talked about cryptocurrency and blockchain.
Dan Morehead's Sohn San Francisco Presentation: Cryptocurrency & Blockchain
Bullish on crypto-currencies and blockchain technology. Believes that blockchain is going to do to finance what VOIP did to telephone monopolies. It’s not only about blockchain and payments but decentralized applications will disrupt many different industries.
Discussed newer stable coins, which are low volatility cryptocurrencies (pegged to USD or similar) that are important for the use of applications requiring consistent and stable value exchange.
Recommends buying a basket of currencies – some will be losers and some will be winners- but asymmetric upside will help the winners outperform the losers.
Be sure to check out the rest of the Sohn San Francisco 2018 presentations.
Wednesday, October 31, 2018
Dan Morehead on Cryptocurrency & Blockchain: Sohn San Francisco Conference 2018
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