How To Value A Crypto Asset

Unchained

Laura Shin

Tech News, Business News, News

4.6 • 1.3K Ratings

🗓️ 17 October 2017

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Love Unchained? Please take this extremely brief survey to help us obtain more sponsors: https://survey.libsyn.com/unchained Chris Burniske of Placeholder Ventures has recently come out with a new book, "Cryptoassets: The Innovative Investors' Guide to Bitcoin and Beyond" that dives into what crypto assets are, what makes them a new asset class, and how you calculate a valuation for such a network. He applies what is known as the equation of exchange (MV = PQ) to crypto assets and describes why the velocity of crypto assets -- the frequency with which they change hands during a particular time frame -- is likely to be much higher than for traditional assets, and discusses why he gives crypto assets much higher discount rates, which are used to determine what you should pay now for something will be worth more later. Plus, we talk about why the financial incumbents are in for a rude awakening from public blockchains. Show notes: https://www.forbes.com/sites/laurashin/2017/10/17/how-to-value-a-crypto-asset/ Book: https://www.bitcoinandbeyond.com/ Chris's Medium post on crypto asset valuations: https://medium.com/@cburniske/cryptoasset-valuations-ac83479ffca7 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Everything is fuel for your creativity with the Lenovo Yoga laptop series.
0:04.3	From the people you meet to the creators you follow, it all comes together with
0:08.0	Lenovo Yoga.
0:09.0	Plus, you get a 50 pound travel voucher and a shot at winning an awesome trip to New York and a Motorola
0:14.6	razor 40 Ultra. Check out the Lenovo Yoga series with laptops made for creatives at
0:19.7	Lenovo.com slash Yoga. Limited time only terms and conditions apply.
0:23.8	Engineered to do it all. That's a laptop evolved with Intel Evo Platform. Hi everyone. Welcome to Unchained, the podcast where we hear from
0:37.4	innovators, pioneers, and thought leaders in the world of blockchain and
0:40.4	cryptocurrency. I'm your host Laura Shin a senior editor at Forbes covering all things crypto
0:46.0	If you've been enjoying this podcast
0:48.0	please help get the word out about the show
0:50.0	share it on Facebook Twitter or in your secret Slack and telegram channels.
0:54.0	And if you have a chance, give the show a rating or review on iTunes.
0:58.0	And don't forget to follow me on Twitter at Laura Shin.
1:01.0	This week's episode is brought to you by OnRAMP. Your branding and
1:05.0	website are the first things your users will see and in the current wild west of
1:08.7	ICOs and blockchain startups you need to stand out from the pack. OnRAMP is a full service creative and design agency
1:15.0	that will help amplify your brand with the perfect website,
1:18.0	logo collateral or custom design project.
1:21.0	Get big results in no time by visiting think onramp.com.
1:25.0	My guest today is Chris Berneski co-founder and partner of crypto venture
1:30.0	venture capital firm Placeholder Ventures and the co-author of the soon-to-be
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Laura Shin, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Laura Shin and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.