Joey Krug is Co-Chief Investment Officer at Pantera Capital, an investment firm focused on blockchain tech, digital currency, and crypto assets. He's also a co-founder of Forecast Foundation, the nonprofit behind the decentralized prediction market Augur.
All coin and product reviews by expert Joey Krug.
Joey Krug
on Dai
Co-Chief Investment Officer at Pantera Capital
Dai [is] an asset-backed, hard currency and the first decentralized stablecoin on the Ethereum blockchain. Effectively, the stablecoin is backed by over-collateralizing the system with other crypto-assets. Despite blathering by bloggers, Dai remains valued at one US dollar, thereby retaining its peg.
Full review2019-01-08
Joey Krug
on Bitcoin
Co-Chief Investment Officer at Pantera Capital
In general, I think cash and payments are one of the last areas blockchain will affect. . . . While Bitcoin may win digital gold, I don’t think it’ll succeed as money: it’s too volatile, isn’t designed to be money, and has no dynamic monetary policy (which is part of why gold was abandoned as a form of payment in society).
Full review2019-01-08
Joey Krug
on EOS
Co-Chief Investment Officer at Pantera Capital
A permissionless dapp/protocol like 0x or Augur could barely run on EOS, and would probably eventually get censored by the block producers at some point. EOS has played with the slider between centralization / decentralization and scalability. *That is not innovation!* Innovating is when you do something new and do something that makes things better *without* having to face some severe tradeoff.
Full review2018-12-18
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