crypto assets

“We were the first Real regulator to be from a government perspective to touch crypto assets. And there were two reasons. A few years earlier, it had been determined by the agency that Bitcoin is a commodity.”

“It's probably the case that a lot of those assets over time won't even come close to the performance that I see out of these two assets.”

“These assets are just uniquely positioned to do well, by the way, gold should do well as well, except these are just this really interesting, highly convex version of gold. That's I think just deeply discounted.”

“We think there's a very plausible scenario where 99% of all crypto assets are NFTs in the longer run, especially as minting costs come down into the few cents or perhaps fraction of a cent.”

“When you hold Google stock, it's not an asset that gets sort of activated and used in a system, whereas in a crypto asset, it really is a useful asset a lot of the time.”

“When you have this ability that crypto assets give you of being your own bank, of doing self custody, of having this very instruments, it really brings out this principle of maximum liberty and maximum responsibility. And the maximum responsibility is if you r…”