Author Archives: Ari Paul
Cryptocurrency And The History of Money
I helped Alliance Bernstein analysts Gautam Chhugani and Gaurav Jangale write the note below for their clients. AB_CryptoFinance Insights_Is Bitcoin money
Disclaimers and disclosures
Last updated 03/07/2018 Twitter is a challenging medium for a manager of an investment firm, since the character limit makes standard disclaimers impossible. A suggestion that I took to heart, was to include a link to such disclaimers and disclosures … Continue reading
Don’t ignore the competition
Cryptocurrency investors usually only look at the investable landscape. They ignore those projects that are hard (or impossible) to invest in. This is a big mistake when considering an investment in a competitive industry. ++ When I talk to cryptocurrency … Continue reading
Table Selection
++ Back in my college days, I played poker. A lot of poker, at high stakes. I played online, in Atlantic City, in underground Philadelphia poker clubs, and against other UPenn undergrads. I was a very good player, but I … Continue reading
Cryptocurrency’s “Nifty Fifty”
++ Usually in bull markets, the “high beta”, riskier securities outperform. This is what we saw over the last 7 months. Bitcoin rallied impressively, but was dramatically outperformed by the more volatile and more speculative Ethereum, which was itself outperformed … Continue reading
The Wall Street Moment
++Over the last two years, the big investor in cryptocurrency was “Silicon Valley.” The high profile investors were mostly tech entrepreneurs and their family offices and venture capital firms. ++I just finished a NYC roadshow with mostly that same type … Continue reading
The Coinbase Effect
++Coinbase added Litecoin for direct purchase today, and litecoin (LTC) is up about 30% as a result. The rumor of this addition may have also contributed to LTC’s 100%+ rally over the last 2 months. ++The only other currency Coinbase … Continue reading
Ari Paul