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Bitcoin at 10, Coinbase at 6, and Stablecoins Now
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Qiao Wang - October 31, 2018
TLDR
- Zack writes an awesome 10th birthday post for BTC: “Sorry, Bitcoin is still anarchist,” and I feel threatened. Not by anarchy, but by Zack’s writing quality. I mean, this intro is fire: “Bitcoin’s user-identity agnosticism leads some pundits to mistakenly conclude that Bitcoin has evolved into an apolitical and domesticated technology such that its anarchist origins are relevant only as historical context for IBM’s tomato tracker.” Those pundits are mistaken. (And you can bet on seeing more of Zack’s missives in UO features soon.)
- Coinbase closed another $300 million round yesterday.
- Bitcoin might be ten, but stablecoins are all the rage. Qiao weighs in with the pros and cons of the latest crypto investment meme.
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Prior to founding Messari, Ryan was an entrepreneur-in-residence at ConsenSys, and on the founding teams of Digital Currency Group, where he managed the firm’s seed investing activity, and CoinDesk, where he led the company’s restructuring & annual Consensus conferences. He has been an investor & prolific writer in the crypto industry since 2013.