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The Peter McCormack Show

Crypto Asset Valuation and Speculation with Mike Jones From Science Inc - WBD004

The Peter McCormack Show

Peter McCormack

Politics, Society, Markets, News, Society & Culture, Technology, Inflation, Finance, Economics, Government, Power, Bitcoin, Money

4.72.8K Ratings

🗓️ 26 January 2018

⏱️ 53 minutes

🧾️ Download transcript

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Transcript

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0:00.0

Welcome to the What Bit Bitcoin Did Podcast.

0:05.0

Hi, how are you all?

0:08.0

Welcome to the fourth episode of the What Bitcoin Did Podcast.

0:12.0

Firstly, I need to apologize sorry it's been a few

0:15.9

weeks since the last podcast I only ever want to do these interviews in person and

0:20.9

with Christmas and getting my mining operation live I just haven't

0:24.6

been able to find the time or opportunity to sit down with someone that I really

0:29.2

want to have on the show. I have though completed two in the last couple of weeks and this episode I have

0:35.9

Mike Jones who is the ex-CEO of MySpace and now the CEO of LA-based Venture Fund Science Inc.

0:44.0

I first met Mike a few months ago.

0:46.5

He had read one of my medium posts and he tweeted me when I was actually on a plane

0:52.0

from the UK over to LA and he invited me over to the

0:55.6

science office in Santa Monica. For full transparency, Mike and the science team were

1:01.2

interested in having me trade a crypto fund for them.

1:04.6

So I've been traveling back and forth for the last few months to figure out the details of this,

1:09.4

which has now been agreed and the fund is now live.

1:12.0

And in this time I've also got to know Mike pretty well and I really do appreciate his view on the market.

1:19.0

With the podcast I've always wanted to have a range of people from different backgrounds to ensure that the knowledge

1:24.7

we have to help us guide our trades is as broad as possible. There are currently a lot of questions

1:30.8

over crypto asset valuations, you know, are they overvalued or even are they

1:35.4

valued in the right way? We have so many with market caps of over plus 1 billion, yet most of these

1:42.0

don't have working products or any form of revenue stream and

...

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