Ryan Selkis - The Crypto Barbell and Token Curated Registries - [Invest Like the Best, EP.98]
b'Ryan Selkis - The Crypto Barbell and Token Curated Registries - [Invest Like the Best, EP.98]\\n This week\\u2019s conversation is for those interested in the nitty gritty of cryptocurrencies and for those who, like me, are fascinated by that world but more than a bit skeptical of the investing prospects for the many cryptocurrencies now in existence. My guest is Ryan Selkis, who I met at an event hosted by Union Square Ventures and Blocktower Capital. At that event, in a crowd of many brilliant people, Ryan was consistently asking hard questions and raising counterpoints. I love his perspective because he is both passionate, but realistic, excited about crypto, but worried about many aspects of the ecosystem. We discuss many new topics like his barbell analogy for thinking about different kinds of coins, token curated registries, and the need to better transparency around decentralized projects.\\n Hash Power is presented by Fidelity Investments\\n Please enjoy our conversation.\\n \\xa0\\n March for the Fallen\\n Want to meet other curious investors, get in good shape, and support a fantastic cause? Consider joining a great group to hike 28 miles in honor of those who have fallen in defense of our nation.\\xa0\\n Learn more and sign up at alphaarchitect.com/mftf.\\xa0\\n \\xa0\\n For more episodes go to InvestorFieldGuide.com/podcast.\\n Sign up for the book club, where you\\u2019ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub.\\n Follow Patrick on Twitter at @patrick_oshag\\n \\xa0\\n Show Notes\\n 2:55 - (First Question) \\u2013 how he best explains blockchain technology\\n 4:12 \\u2013 How does he categorize each cryptocurrency\\n 9:11 \\u2013 How Numeraii is valued\\n 10:04 \\u2013 Explaining token curated registries (TCR)\\n 12:58 \\u2013 How Token Curated Registries are being applied\\n 15:05 \\u2013 Innovations that will protect against nefarious actors in the crypto space\\n 16:37 \\u2013 How do you convince investors to commit to TCR\\u2019s\\n 18:40 \\u2013 Biggest headwinds to this industry\\n 22:12 \\u2013 What are the quality filters to root out the bad actors\\n 25:42 \\u2013 Thoughts on the ICO market as an alternative to capital raising\\n 29:23 \\u2013 Litmus test for who should use an ICO to raise capital\\n 34:28 \\u2013 What is unique about creation of a token vs the normal exchange of cash to determine if a company needs a token\\n 36:21 \\u2013 How many ICO projects are really necessary\\n 38:28 \\u2013 How should people form an investment opinion about this space\\n 41:35 \\u2013 Core mission of his company\\n 44:28 \\u2013 What are some of the reasons his goals won\\u2019t happen\\n 49:30 \\u2013 Lessons learned while working at Coindesk\\n 49:58 \\u2013 What is he most excited about for the future of this space\\n 52:56 \\u2013 Kindest thing anyone has done for Ryan\\n \\xa0\\n Learn More\\n For more episodes go to InvestorFieldGuide.com/podcast.\\xa0\\n Sign up for the book club, where you\\u2019ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub\\n Follow Patrick on twitter at @patrick_oshag'