Pantera Capital: How Bitcoin Could Reach $356,000 in a Few Years - Ep.129


Manage episode 238578260 series 1822984
By Laura Shin, Laura Shin - Business Journalist Covering Bitcoin, Ethereum, Cryptocurrency, Blockchain, and ; Forbes Contributor. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Dan Morehead, founder and CEO of Pantera Capital, and Joey Krug, co-chief investment officer of Pantera and founder of Augur, discuss where we are in the development cycle of blockchain technology, how Bitcoin, if stays on past trend lines, could hit $42,000 by year's end and $356,000 a couple years after that, and why the biggest challenges now are around scaling and onboarding. We also cover what the adoption of the technology will mean long-term — how creating assets and markets will no longer be the realm of a privileged view — but why payments may be one of the last areas to be disrupted. Morehead and Krug also talk about how Libra walks the line between decentralized and centralized, and it's unclear how Libra will become decentralized. Plus, hear how they respond to questions about the SEC vs. Kik.

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Episode links:

Pantera Capital:

Dan Morehead:

Joey Krug:

Dan Morehead on Unconfirmed:

Unchained with Joey Krug:

A Crypto Thesis:

Unconfirmed about Congressional hearings on Libra:

Unconfirmed about why it would be good if Libra rivaled the USD:

Unconfirmed with Dante Disparte of the Libra Association:

Some crypto industry players fed up with US regulators:

The SEC vs. Kik:

Bitcoin ETF:

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