

Pantera Capital: How Bitcoin Could Reach $356,000 in a Few Years - Ep.129
Jul 23, 2019
In a captivating discussion, Dan Morehead, CEO of Pantera Capital, and Joey Krug, co-CIO of Pantera and founder of Augur, delve into the future of Bitcoin. They predict Bitcoin could soar to $356,000 in the coming years and discuss the critical challenges of scaling and onboarding users. The duo also examines the impact of Libra on decentralization and how blockchain technology could democratize asset creation. They touch on regulatory challenges, the role of institutional investors, and the evolving landscape of crypto compliance.
AI Snips
Chapters
Transcript
Episode notes
Morehead's Bitcoin Introduction
- Dan Morehead was initially introduced to Bitcoin in 2011 by his brother.
- He didn't invest until friends inquired about his interest in 2013.
Bitcoin: An Asymmetrical Trade
- Morehead's previous experience trading traditional assets influenced his perspective on Bitcoin's potential.
- He viewed Bitcoin as an asymmetrical trade with significantly more upside than downside.
Krug's Entry into Crypto
- Joey Krug first encountered Bitcoin through mining in 2011, prompted by potential financial gain.
- His interest reignited in 2013, shifting from Bitcoin to Ethereum and decentralized finance.