What If Gary Gensler Is Right?
Every now and then, it’s probably a good idea to go back and check yourself in terms of what you have said, written, built, or perhaps even supported in the past. In the context of digital assets and investing, I recently read through my four most recent posts. Thankfully, I haven’t uttered anything I’m frightfully embarrassed about, but the very process of combing through recent writings seems to have a nagging thought as its source:
Words Have Meanings…So Do Acronyms
Not long ago, I was at a lunch where nearly everyone present was new to each other. The central figure in the party introduced me as, “this is John, he’s part of a really cool crypto VC firm.” Of course I politely corrected him, letting everyone know that while my firm was in fact really cool, we were actually a crypto based hedge fund, not a crypto centric venture capital firm. I don’t think anyone
Bitcoin Becomes a Stablecoin?
Even if you are only marginally interested in crypto, you are likely aware of the events of the past few weeks in which the stablecoin “UST” lost its peg, resulting in a “death spiral” for both UST and the LUNA token, which is the centerpiece of the Terra ecosystem. For many in the crypto space, it has been tempting, convenient, or perhaps psychologically necessary to blame the demise of UST and LUNA on some outside
