Parker Thompson on Bitcoin

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Parker Thompson is a partner at AngelList, where he helps lead the company's seed investments. He was formerly a partner at 500 Startups.

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Created by the pseudonymous Satoshi Nakamoto in 2009, Bitcoin is a peer-to-peer electronic cash system.

Finance and payments

Bitcoin reviews by Parker Thompson

๐Ÿ”‘ 0 positive | ๐Ÿ’ฉ 2 negative

2018

  • ๐Ÿ’ฉ

    We donโ€™t theorize about what exists today. We can observe.

    We can extrapolate though. Bitcoin has thus far replaced zero currencies per decade. I agree itโ€™s fair to expect that trend to continue

    2018-11-10 | Full Review

  • ๐Ÿ’ฉ

    Bitcoin lacks key properties of money. Considering it to be such, IMO, is a clear predictor of a gross misunderstanding of the technology and its potential.

    2018-08-26 | Full Review

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๐Ÿ’ฉ

We agree that Ethereum was poorly designed to support practical use cases.

2018-10-23 | Full Review

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๐Ÿ”‘

I don't have a view on what the ultimate value of a Bitcoin will be nor do I care. I am interested in Bitcoin plain and simply because I believe it can be and possibly will be the financial and transactional protocol for the global Internet.

2013-11-24 | Full Review

๐Ÿ”‘

If something is to displace Bitcoin now, it will have to have sizable improvements and it will have to happen quickly. Otherwise, this network effect will carry Bitcoin to dominance.

2014-01-21 | Full Review

๐Ÿ”‘

Bitcoin takes powers from the central actors and returns it to merchants and consumers, savers and borrowers. Bitcoin brings back some pseudonymity in the transactions, and can be irrevocably traded like cash. And finally, it points a way towards a single currency โ€“ it is a bug, not a feature, that we have multiple global currencies with exchangers and transaction fees in between.

2013-11-07 | Full Review

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