Blockchain Capital

Blockchain Capital is a venture capital fund that invests in cryptocurrency-related companies and tokens. It has over $250 million in assets under management.

Blockchain Capital people

Top experts from the Blockchain Capital network.

Reviews by Blockchain Capital people

Cryptocurrency reviews from the executives, employees and alumni of Blockchain Capital.

  • Jimmy Song on Bitcoin SV Instructor at Programming Blockchain

    When Bitcoin Cash and Bitcoin SV get to mining cost equilibrium, assuming their prices are both $100, the cost to reorganize 6-blocks will be $7,500 (12.5 block reward with almost no fees x $100 x 6 blocks ). In 1.5 years that cost halves. Still think a fee market is ridiculous?

    Full review đź’©

    2018-12-06

  • Spencer Bogart on Bitcoin Gold Partner at Blockchain Capital

    Interest has been low [in Bitcoin Gold]. That said, I think it's actually interesting. Likely to be hugely successful? Probably not.

    I'm happy [to be] getting a free stake in their experiment [via hard fork] -- decentralization is important and they're trying a different angle to achieve that.

    Plus I can appreciate that it's a non-hostile fork with strong two-way replay protection and isn't trying to take Bitcoin / BTC name.

    Full review 🔑

    2017-10-21

  • Jimmy Song on Bitcoin Instructor at Programming Blockchain

    Bitcoin is something that is natural, decentralized, uncontrolled and digital. This is something that didn’t exist before Satoshi invented it in 2008 and I would argue, doesn’t exist with any other cryptocurrency. This is the key to Bitcoin’s usefulness as money. Scarcity is the first thing that’s required without which its proposition as money crumbles.

    Full review 🔑
    Show thread Jimmy Song on Bitcoin

    2019-01-15

  • Jimmy Song on Bitcoin Cash Instructor at Programming Blockchain

    Bitmain is the central bank of BCH. Bitmain has tried to maintain a peg to their reserve currency, BTC, and has failed. Bitmain has failed to keep the peg at 0.15 BTC, 0.12 BTC and recently capitulated the 0.1 BTC level. This is a central bank selling its reserves to keep its peg to another currency. What’s worse, much like a central bank, they’re running out of reserves and BCH will finally float on the market instead of having the artificially inflated value that it has now.

    Full review đź’©

    2018-09-10

  • Spencer Bogart on Tether Partner at Blockchain Capital

    I worry that a lot of the proposed [technical stablecoin] implementations will appear stable… until they aren’t - a huge left-tail risk. In the Tether model, the failure point is known (counterparty risk). In risk mitigation, the devil you know is better than the one you don’t.

    Full review 🔑

    2017-10-21

  • Spencer Bogart on Bitcoin Partner at Blockchain Capital

    Sources of BTC demand in years ahead:
    1) Generational shift (teenagers want crypto more than cash and gift cards)
    2) Central banks and institutions (demand for non-sovereign digital asset with absolute scarcity)
    3) Programmable money (the opportunities of natively digital money = HUGE)

    Full review 🔑

    2018-12-17

  • Spencer Bogart on Ethereum Partner at Blockchain Capital

    PayPal helped bring money into a digital age by creating a digital front-end for legacy infrastructure but PayPal didnt create new infrastructure. Bitcoin and Ethereum *are* new financial infrastructure: Digital infrastructure for a digital era.

    “Time-locked” and “multi-sig” transactions are two early examples of advanced functionality that is possible with programmable assets. They replace hours of legal time and cost with a couple lines of code.

    Programmable money is finally here.

    Full review 🔑

    2017-09-26