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

Many argue that the decentralized nature of cryptocurrencies makes a ban nearly impossible to enforce globally. Additionally, as adoption grows, the economic benefits may outweigh regulatory challenges.