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The Pomp Podcast

#237 Alex Pack - Partner at Dragonfly Capital on Why ETH is Money

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.81.9K Ratings

🗓️ 9 March 2020

⏱️ 89 minutes

🧾️ Download transcript

Summary

Alex Pack is a Managing Partner at Dragonfly Capital Partners, an asset management firm focused on investing in and supporting the most promising opportunities in the cryptoasset class. In this conversation, Alex and Anthony discuss his views of the Asian crypto markets, why the Dragonfly team is focused on investing in infrastructure, how he sees certain market narratives playing out, whether Ethereum (ETH) is money, and where Alex will be focused on investing in the coming 3-5 years. BLOCKFI-----BlockFi allows you to keep your crypto, put it up as collateral, and receive a USD loan funded directly to your bank account. They do loans ranging from $2,000 to $10,000,000, and they're perfect for helping you reach your financial goals of all sizes. Visit BlockFi.com/Pomp to learn more about putting your crypto to work without having to sell it. UNSTOPPABLE DOMAINS-----Make your crypto currency payments simple and build censorship resistant websites. Visit unstoppabledomains.com and purchase your blockchain domains today!

Transcript

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0:00.0

What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening

0:04.5

Off the Chain, simply the best podcast in crypto. Let's kick this thing off.

0:10.7

Alex Pack is a managing partner at Dragonfly Capital Partners, an asset management firm focused on

0:16.1

investing in and supporting the most promising opportunities in the crypto asset class.

0:21.3

In this conversation, we discussed his views of the Asian crypto markets, why the Dragonfly

0:26.4

team is focused on investing in infrastructure, how he sees certain market narratives playing

0:31.3

out, whether ETH is money, and where Alex will be focused on investing in the coming three to

0:36.3

five years. I found Alex to be incredibly entertaining and informative, so I highly suggest watching this

0:42.2

episode. Also, though, let's talk about the advertisers who made this episode possible before we

0:47.2

get into it. The first is Block 5. You guys know, I'm a huge believer in what they're doing.

0:52.6

I'm a user and an investor. They basically

0:55.0

have three products today. They will give you a US dollar loan against your crypto. They will

0:59.9

also pay you interest on your crypto deposits. And then they have a cryptocurrency exchange where you can

1:05.4

buy and sell crypto. BlockFi recently announced to users that they're going to launch a credit card this year that pays rewards in Bitcoin rather than cash or loyalty points as well.

1:17.5

So anything that you want to do with your crypto, BlockFi can help you.

1:22.1

They basically are rebuilding many of the financial services or wealth management services that are available in the legacy world, but all around the new digital assets. So head on over to blockfi.com slash pomp.

1:33.0

Again, blockfi.com slash pomp and check them out. I'm a huge fan, investor, and user, blockfi.com

1:40.5

slash pomp. Now, the second sponsor's Unstoppable Dom unstoppable domains these guys are doing really incredible work

1:46.3

the decentralized world is coming we already know that whether you want censorship resistance

1:51.6

or you just want the ability to access information that you otherwise couldn't unstoppable domains

1:57.0

is working to make that possible they basically have two core things that you can do.

2:01.4

The first, you can go get a domain name. So you can go buy a dot crypto domain from

...

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