Two VCs on Why This Is the Perfect Time to Invest in Crypto - Ep. 522
Jul 25, 2023
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Chris Burniske and Joel Monegro, partners at Placeholder VC, discuss their bullish outlook on the crypto market despite recent turmoil. They explore why now is a prime time for Web3 investments due to favorable macroeconomic conditions and technological advancements. The duo reflects on past cycles of crypto, including Bitcoin's influence and the implications of interest rates. They also analyze the Ripple ruling's impact on the industry and share insights on potential self-regulation within crypto, urging optimism as the market evolves.
Despite the doom and gloom, Placeholder VC partners Chris Burniske and Joel Monegro are highly bullish on the present moment. “We’re all going to look back on this period and remember it as fondly as we remember ‘18 and ‘19,” Monegro tells Laura Shin. The two long-term investors explain why the confluence of macroeconomic factors and crypto-native (and AI) innovations make this the ideal time to invest in a Web3 future. They cut their teeth on Bitcoin, they grew up with Ethereum; hear what they think is next.