Writing

One of the debates that has raged inside and outside of the Bitcoin community since I got involved back in 2012 is whether Bitcoin was a store of value vs a means of payment. Read more

A number of our portfolio companies that have free web/mobile apps that are monetized by advertising have offered a low-priced subscription offering that removes the ads and, often, offers offline sync on the mobile apps. Here are some examples: Quizlet [...]  Read more

Given the explosive increase in the prices of crypto assets this year, there is a growing discussion on how to value them. This is a very good thing. Andy Kessler weighs in on the topic in this WSJ piece which [...]  Read more

In the world of startups and investing and ideas, things are always chaotic and fluid, and as such a key skill is to somehow cut through the noise and find focus.  That’s on a micro level, like what do I [...]  Read more

I stayed up until 1am ET last night to watch the Mayweather McGregor fight. We used the Showtime Pay Per View app on AppleTV to watch the fight. We paid $99 to watch the four fights, including the main event. [...]  Read more

Apparently there is a Netflix documentary on Bitcoin that recently came out. I’ve been hearing from a lot of friends that my NYS DFS testimony from almost four years ago is featured in that documentary. This took place in January [...]  Read more

I was emailing with a friend recently, who asked: “On the web, in order to build a platform you first need a hit app. Do you think this dynamic is different in blockchain?” Read more