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The Future of Cryptocurrencies
You don't personally invest in something like Bitcoin, but you have positions in crypto fintech such as Paxos. Is your philosophy during a gold rush sell shovels or do you have fundamental concerns about the asset class because there's a historical precedent of banning things like gold in the Roosevelt era? I would say that I have not been a big fan of trying to figure out which of the cryptocurrencies is the most likely one to do well. Clearly, I bought Bitcoin when it was at 25 cents. And so now what I think is the best thing for me is to find companies that are going to benefit if crypto takes off.