The Latest From Pantera’s Blockchain Letter
The Blockchain Letter is written by Dan Morehead, CEO and Co-Chief Investment Officer of Pantera Capital, a crypto venture fund.
It’s always worth reading. You can subscribe here.
Let’s check out some of his most recent comments.
What’s the killer app of bitcoin?
According to Dan:
"Yeah, bitcoin is the killer app of bitcoin."
And he notes how all fiat currencies get debased.
He still like’s bitcoin’s role as a store of value saying:
Bitcoin might become the barbarous relic of crypto, but man – even that is a huge asymmetric trade. 10% of gold’s market share would imply bitcoin rallying 700%.
Some blockchain Pantera has investing in: Thunder, Celer, Polkadot, ICON, and Oasis.
There’s a good piece on how bitcoin will disrupt cross-border payments.
Also, Pantera was amongst the latest investors in ErisX's latest investment round. Other notable investors include TD Ameritrade, DRW Holdings, Valor Equity Partners, Cboe Global Markets, and Virtu Financial.
That’s big, ErisX will be a competitor to Bakkt.
Check out the Blockchain Letter, it’s worth a read.
and trade cryptos on Binance
and Bibox...
And delegate SP with MinnowBooster Crypto + Daily Fantasy Sports =No Limit Fantasy Sports
Great news! Time to cautiously approach the market again.
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