The Inconvenient Truth About Crypto Currencies
This article is the accumulation of my thinking around the Digital Asset space as I have become more deeply involved and have begun to understand the different assets and narratives that drive them. Q4 2020 hedge fund letters, conferences and more My feeling is that the narratives in the space are behind the times, and stem from the world of 2017 when the adoption of bitcoin was just taking hold and every other digital asset was a threat. After 2017, we saw the crypto winter, where the entire space fell nearly 90%. People are scarred by those events. Many people made a lot of money and many pe...