Digital Currency Group

Super bullish on tokens that must be staked as part of ML tournaments, like proof-of-human-work. Aside from Numerai, who's doing it well?

What Numerai is doing is extremely exciting. A data science hedge fund with open, encrypted data.

Numerai could drive a market for Bitcoin - pretty compelling use case.

0x just keeps shipping. One of the best in the industry at keeping the blinders on and building.

The more I'm reading and talking to people, the higher probability I assign to BCH beating BTC. Still an underdog, but I'm not convinced my assumptions about BTC having the economic majority are still correct.

Most of my concerns with BTC since 2013 have been around fungibility.

No one seems to care about the increasing sophistication of Bitcoin surveillance tools. The lack of attention there is why I'm overweight XMR.

One of the things I like about Decred is how well the developers understand the nuance and subtleties of decentralization. Absolutism is tunnel vision.

Dai survived one of its most significant tests in 2018. “Can Dai survive a market crash?” Asked and answered. Dai survived the 94% drawdown in ETH, and the move from a single-collateral to multi-collateral model should accelerate its adoption in 2019.

I believe Tezos is an important experiment in on-chain governance. While Tezos has many unique features that make it separate and distinct from other projects in the space, the one that’s least appreciated is its governance mechanism and approach to change... Unlike passively holding Bitcoin and participating in its price appreciation, Tezos is unique in that it requires users to participate in consensus or risk having their tezzies lose value due to inflation of the network. This creates lots of fun agency questions about how networks like Tezos, their governance, and their function may evolve over time.

I’m betting that Decentraland is the killer app for VR. Virtual land ownership, in world currency (MANA) and ownership/trading of digital goods will deliver the missing ingredient to VR: greed & speculation. The ability to make money will draw the masses.

[Bitcoin is] going to be what it has always been—open source money. Utilization will grow by push and pull. We’ll push Bitcoin to users by building truly delightful user experiences and applications—I see those being built, albeit slowly. And on the pull side, there will be groups of people who seek out Bitcoin, who are willing to overlook the current limitations and the learning curve because it’s a matter of life and death for them. Choice is an incredibly powerful and sometimes destabilizing force.

As far as I'm concerned, Bitcoin has won the race to be digital gold. . . . [W]hatever money is [currently] in gold is not going to stay in gold. That gets handed down [by the Boomers] to millennials—I'm highly confident a lot of that will go into Bitcoin.

Zcash is the second most important project in the industry to me, because it's the only one with close-to-perfect privacy embedded in the core protocol...something we need for both fungibility (for dissidents) and enterprise adoption (for customer privacy). Zcash is also a canary in the coal mine and the front lines for how crypto will be regulated on a global scale. If Zcash is restricted (as is possible in Japan, Korea, etc.), then I think privacy upgrades to BTC will become all but impossible. I'm thrilled Coin Center has been a major proponent of Zcash, and that there are some smart money, well-networked investors backing the project.

Telegram's gonna figure [out TON] because it's about team, community, and ripping OS code that works. Wish I had gotten a piece. [Long term] hold.

Only two crypto protocols have reached product market fit to date:

BTC - censor resistant payment & SoV
ETH - open finance (ICOs, DeFi apps)

The next closest are:

MKR - censor-resistant peg & credit
BNB - discount/burn quasi-security
LTC - a fast moving bitcoin test net