Digital Currency Group

DCG is a venture capital company focused on investing in cryptocurrency-related businesses. They've invested in Coinbase and Ripple and they own Greyscale and CoinDesk.

Digital Currency Group people

Top experts from the Digital Currency Group network.

Reviews by Digital Currency Group people

Cryptocurrency reviews from the executives, employees and alumni of Digital Currency Group.

  • Ryan Selkis on XRP Founder and CEO at Messari

    But the company is managing a “bridge currency” [XRP] that they package to retail investors who buy on the assumption that they are front-running big bank purchasers.

    Full review 💩


  • Larry Sukernik on Stellar Investments at Digital Currency Group

    I reread this piece from late 2015 on the Stellar / Ripple drama. The fact that both companies are alive and well today took me by surprise.

    Full review 💩


  • Ryan Selkis on NEO Founder and CEO at Messari

    NEO's "Ethereum but China" pitch reminds me of Litecoin's "Bitcoin but Scrypt" pitch in 2013. A long, dark winter followed.

    Full review 💩


  • Ryan Selkis on Numerai Founder and CEO at Messari

    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?

    Full review 🔑


  • Larry Sukernik on Numerai Investments at Digital Currency Group

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

    Full review 🔑


  • Meltem Demirors on Numerai Chief Strategy Officer at CoinShares

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

    Full review 🔑


  • Meltem Demirors on Dai Chief Strategy Officer at CoinShares

    Let's talk about today's MakerDAO / a16z announcement. for those who missed it, a16z's crypto fund bought 6% of Maker tokens for $15M, at a 25% implied discount to the current price of MKR....I'm sure people think this is a great sign for the project - being able to recruit high quality capital. but, i think this is a massive failure in governance and project management.

    Full review 💩


  • Ryan Selkis on New Economy Movement Founder and CEO at Messari

    Seriously, what the fuck is NEM? I'm grabbing a beer.

    Full review 💩


  • Ryan Selkis on 0x Founder and CEO at Messari

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

    Full review 🔑


  • Larry Sukernik on Nano Investments at Digital Currency Group

    I did a light diligence of XRB last night and came away cringing. They called their blockchain a block lattice. Everything else about it was pretty cringeworthy too.

    Full review 💩


  • Ryan Selkis on Golem Founder and CEO at Messari

    Very few token projects are producing or even planning to produce cash flow for holders. But CF doesn't preclude a token from being a utility: Filecoin, Golem, Numerai, etc., are utilities that should be CF+. Instead, we've written off revenue generation . . . just like the dot-bombs.

    Full review 💩


  • Ryan Selkis on Bitcoin Cash Founder and CEO at Messari

    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.

    Full review 🔑


  • Larry Sukernik on Augur Investments at Digital Currency Group

    I never understood the excitement surrounding Augur. Perhaps I would like it more if it made a better case for why decentralized prediction markets are needed. This isn't at all convincing.

    Full review 💩


  • Meltem Demirors on Dentacoin Chief Strategy Officer at CoinShares

    There are way too many projects being "tokenized." Not to pick on Dentacoin, but this token for the dentistry industry with a very obscure value proposition had a peak market cap of $2.1 billion. It's now 1/20th of that — but still too much.

    Most ideas don't need a token.

    Full review 💩


  • Ryan Selkis on Monero Founder and CEO at Messari

    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.

    Full review 🔑


  • Larry Sukernik on Decred Investments at Digital Currency Group

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

    Full review 🔑


  • Ryan Selkis on Dai Founder and CEO at Messari

    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.

    Full review 🔑


  • Meltem Demirors on Tezos Chief Strategy Officer at CoinShares

    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.

    Full review 🔑


  • Barry Silbert on Decentraland Founder and CEO of the Digital Currency Group

    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.

    Full review 🔑


  • Alex Sunnarborg on Decentraland Founder Partner at Tetras Capital

    Decentraland (and many other dApps) has a strong idea, tech, and [non-fungible] token (LAND), [but it has] questionable legal standing (ICO) and second [in-world currency] token (MANA)

    Full review 💩


  • Meltem Demirors on Bitcoin Chief Strategy Officer at CoinShares

    [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.

    Full review 🔑
    Show thread Meltem Demirors on Bitcoin


  • Barry Silbert on Bitcoin Founder and CEO of the Digital Currency Group

    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.

    Full review 🔑
    Show thread Barry Silbert on Bitcoin


  • Meltem Demirors on Bittorrent Token Chief Strategy Officer at CoinShares

    BitTorrent is an open-source P2P software client that does not use a token in any way, shape, or form. $BTT is a coin made by Tron to finance its own marketing budget.

    Full review 💩


  • Ryan Selkis on Zcash Founder and CEO at Messari

    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.

    Full review 🔑


  • Ryan Selkis on EOS Founder and CEO at Messari

    Most attempts to bribe developers and users with airdrops and developer grants will fail (many already are), and most attempts to recruit insiders to a cause with pre-sale discounts and the (diminishing allure) of token flips will bring dysfunction and gridlock to projects. We’re starting to see some teams come to
    terms with this reality...

    The EOS “cartel” has likely led to irreparable damage in that protocol’s reputation in developer circles (why build on infrastructure that will get hijacked by ruthless investors)....Eos is a disaster, and the worst fears surrounding its cartel seam to be materializing.

    Full review 💩
    Show thread Ryan Selkis on EOS


  • Ryan Selkis on Telegram Open Network Founder and CEO at Messari

    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.

    Full review 🔑


  • Ryan Selkis on Ethereum Founder and CEO at Messari

    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

    Full review 🔑