I know many of my listeners and readers are interested and invested in Bitcoin and the larger crypto industry, so I wanted to take an opportunity to talk about the industry in general, and the changes we’ve seen take place recently.
If you have been paying attention to the industry, you’ll know that Bitcoin transitioned into a bull market this year in July for the first time since the market peaked back in December of 2017.
Every long-term metric that matters, from adoption, to hashrate, to the number of users, and even the financial infrastructure and laws that have been put in place, are all pointing to massive growth potential in the industry.
The SEC and CFTC are officially on board, Wall Street is on board, banks were given the green light to hold crypto assets last week, and the Federal Reserve is printing trillions of dollars in stimulus.
This is creating a perfect storm for the price of Bitcoin in the years to come.
To help me bring you up to speed on the industry today and these changes, I’m joined by Kyle Samani, who’s a managing partner at Multicoin.Capital.
Multicoin is a crypto investment firm based here in Austin Texas, with offices in New York and Beijing.
They currently manage a venture fund and a hedge fund for their clients with a sole focus on crypto assets and related companies.
Now to clarify my headline, I have no idea how much crypto Kyle personally owns, but Multicoin.Capital has raised over $100,000,000 to invest in the industry from various clients that include Andressen Horowitz, and the Co-Founder of PayPal, David Sacks.
They are extremely knowledgeable when it comes to this market. I find Kyle’s insights incredibly valuable, and I think you will as well.
In full disclosure, I do not have any kind of official relationship with Multicoin.Capital, and I have not invested in their fund.
With that being said, please help me welcome Kyle Samani.