a photo of crypto expert reviewer Albert Wenger

Albert Wenger

Albert Wenger is a managing parter at Union Square Ventures. He formerly was president of del.icio.us.

Union Square Ventures

Reviews by Albert Wenger

๐Ÿ”‘ 2 positive | ๐Ÿ’ฉ 1 negative

๐Ÿ”‘

Bitcoin continues to be misunderstood by many people in the cryptocurrency space who want it to be more than it has to be for it to succeed. . . . Yes, Bitcoin has all sorts of drawbacks as a blockchain, but it is the one cryptocurrency with a widely understood use case: censorship resistant store of wealth. Fiat currencies, precious metals and real estate (including land) all have more government control and/or are more difficult to move around and transact in than Bitcoin. With everything crazy thatโ€™s going on in the world politically, the demand for censorship resistant wealth storage is high and growing.

2017-10-30 | Full Review

๐Ÿ’ฉ

Ethereum faces a strong headwind not only from th[e] change in sentiment [on ICOs] but also from relatively costly and slow on-chain computation. The bull case for Ethereum is that sometime in 2018 we will see a couple of Ethereum-based projects launch successfully and get broad adoption *AND* progress is made on Ethereum scaling (either directly or through projects such as Raiden or Plasma). The bear case is that at least one or possibly both of these donโ€™t happen.

2017-10-30 | Full Review

๐Ÿ”‘

Today marks a big milestone for the Algorand Core Team and Algorand Foundation. They conducted the first on-chain Algorand auction and it came off without a hitch....

The auctions themselves are meaningful in several ways. They show off a capability that is built natively into the Algorand blockchain. This capability will be useful for all sorts of auctions, not just of Algos but of other items. This is a novel way of combining price discovery with ongoing funding for the development of Algorand

2019-06-19 | Full Review

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