We believe the answer is "YES". We believe that cryptocurrencies will turbocharge online marketplaces during the next 10 years. For this reason we believe companies that have planted a cryptocurrency flag will look to acquire online marketplaces which can be "crypto-enabled." Thus, we peg the probability of an EBAY sale in 2020 at 80%. Intercontinental … Continue reading Will Cryptocurrencies Turbocharge Online Marketplaces?
Cryptocurrency firms fell from grace (Chain and Lightyear merged to form Interstellar) as valuations and expectations got too far ahead of themselves for both the various "coin" firms as well as for blockchain - the distributed database technology that enables digital currency transactions. We are long-term bullish on each - particularly blockchain. The crypto space … Continue reading Don’t Believe The Hype
Wall Street Journal article: CME Group aims to launch futures contract by the end of the year, in big endorsement of digital currency from WSJ: "Bitcoin is moving from the margins of the financial world closer to its center. CME Group Inc., CME 0.78% the world’s biggest exchange group, said Tuesday it aims to launch … Continue reading Bitcoin Tsunami