crypto

Had a conversation with a hedge fund manager earlier

His biggest reason for crypto skepticism (esp. the macro thesis):

Since crypto is going after “money,” the biggest risk is sovereign states banning it
And the more successful crypto is, the more likely it is to be banned

What are your best counter-arguments?

building a crypto hedge fund | /comma, comma.org/, & /ic | in pursuit of more aliveness | prev: founding team @ Tally Health, investor @ L Catterton

It initially started off as an alternative to the money system, but it isn't any more. 

Now it's much more about complementing the money system with new financial products.