Opinions and analyses

While reports have been pouring in of Thanksgiving dinner conversations this year leading to retirees investing in cryptocurrencies, like much else at the feast, this is probably not healthy except in moderation. But the average retail tech investor could still make a play at blockchain based returns.  However, accessing the blockchain investment opportunity is non-trivial.  There are really three options at their disposal:

  1. Open an exchange account (on Coinbase, Binance, etc.) and trade in listed Cryptocurrencies
  2. Invest in equity of existing technology companies that will benefit from the adoption of blockchain
  3. Invest in a blockchain fund - usually a crypto hedgefund or crypto VC fund.

In this post, I will only address the first two, as the third is addressed elsewhere on our website.

A commonly held and reasonable view of why blockchain investing makes sense is that the technology is transformational on the scale of what the Internet did for businesses over the past twenty-four years, and possibly a lot more so. But just like the Internet boom of the dot-com-era (late 1990s) we are seeing a lot of hype, euphoria, and speculative buying of securities scarcely anybody understands. By most anecdotal estimates, less than 3% of blockchain tokens are actually being used to buy goods or services or real assets.

Talk to us

See more of our opinions, fund updates and analyses on Medium

Medium 

We welcome your comments and questions.