Investment Lessons and Long-Term Vision of Crypto
The Agenda podcast, hosted by Jonathan DeYoung and Ray Salmond, recently released its 20th episode. To mark the occasion, the co-hosts sat down to interview each other and share their insights into the world of blockchain and cryptocurrency. One key lesson learned from the show is the importance of focusing on a project's long-term fundamentals rather than short-term token prices. DeYoung emphasized the need to look beyond token price and consider the progress a project is making towards its mission statement. Salmond added that builders and founders prioritize the project's goals over token price.
Discovering the Significance of Blockchain Technology
During the interview, Salmond asked DeYoung about his initial fascination with blockchain technology. DeYoung explained that his interest was sparked by the decentralization aspect of crypto, which aligned with the principles he had learned while working in community disaster resilience. He highlighted how community-level control and organization can lead to better disaster preparedness and recovery. DeYoung sees the crypto ethos as an extension of these principles on a larger scale, offering new possibilities for resilience and community empowerment.
Looking Ahead to the Future of Crypto
Both Salmond and DeYoung expressed their visions for the future of cryptocurrency. DeYoung believes that mass adoption is inevitable, but cautioned that powerful interests could co-opt the technology. He compared the potential future of crypto to how the internet is currently operated, with centralized infrastructure providers. However, he also expects radical implementations of blockchain to persist. Salmond agreed that crypto will go mainstream and dismissed the idea of a current bubble. He foresees corporations and governments adopting Bitcoin, although he doesn't think it will replace the dollar as an international reserve currency.
To hear the full conversation between DeYoung and Salmond, including their insights on the evolution of the crypto space and their dream blockchain projects, check out the 20th episode of The Agenda on Cointelegraph's Podcasts page, Apple Podcasts, or Spotify. Don't forget to explore Cointelegraph's other shows as well.
Note: This article is for general information purposes only and should not be considered legal or investment advice. The views expressed are solely those of the author and do not necessarily represent the views of Cointelegraph.
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