Listen to This Podcast Episode Here

by Patrick O’Shaughnessy

My guests this week are Kyle Samani and Tushar Jain, both managing partners at Multicoin Capital.

I’ve taken a bit of a break from crypto because I hadn’t sensed many new angles to explore in this forum, from an investor’s point of view. I felt that while things keep evolving, the major investment theses have been established and explored.

Kyle and Tushar are interesting because of their often divergent views. For example, Kyle has been an outspoken supporter of Ethereum relative to bitcoin.

This conversation, which is meant for those still curious about crypto, offers lots of new food for thought. We discuss smart contract platforms, network effects, the coming platform wars, and why blockchains may not matter in ten years. Please enjoy my conversation with the partners of Multicoin Capital.


For more episodes go to

Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at

Follow Patrick on Twitter at @patrick_oshag


Links Referenced

Paths to Tens of Trillions

An (Institutional) Investor’s Take on Cryptoassets

On the Network Effects of Store Value

If SaaS Products Sell Themselves, Why Do We Need Sales?

Money, blockchains, and social scalability

Nakamoto Institute

Token Economy

Crypto Cannon


Show Notes

2:11 – (First Question) – What would get the entire cryptocurrencies ecosphere to 5-10 trillion dollars

2:53 – Paths to Tens of Trillions

4:37 – What will be the effective uses for crypto currencies, store value vs utility value

4:38 – An (Institutional) Investor’s Take on Cryptoassets

8:48 – Why they are negative on bitcoin and more positive on Ethereum

10:07 – Where will start to see widespread adaption of the utility value of cryptocurrencies

14:44 – What is the major breakthrough that cryptocurrencies create

21:21 – How do we gain confidence that a utility token will become a sound investment

25:16 – The different type of network effects

25:47 – On the Network Effects of Store Value

31:18 – How do you convince institutional investors to consider the crypto space

34:21 – Factors that they care about when first evaluating a crypto currency

39:21 – How does technological development and marketing factor into their decision when picking a crypto currency

40:31 – If SaaS Products Sell Themselves, Why Do We Need Sales?

41:42 – Where these two men disagree the most right now

44:07 – Why there’s a chance blockchain technology as we know it today could be irrelevant

44:25 – Money, blockchains, and social scalability

47:56 – Most compelling trends in this world today

51:51 – A favorite resource or person people can look into if they want to learn more

52:22 – Nakamoto Institute

52:57 – Token Economy

53:24 –

53:30 – Crypto Cannon

54:14 – Kindest thing anyone has done for them


Source link


Please enter your comment!
Please enter your name here