Meltem Demirors and Ari Paul
by Larry Chiang on August 21, 2017
Learn via tweetstorms I curate.
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Meltem Demirors (@Melt_Dem) |
another day another twitter poll! for my fellow #ICO investors, how often do you read and review the project’s whitepaper before investing?
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Ari Paul (@AriDavidPaul) |
@Melt_Dem It’s scary that reading a white paper is considered deep diligence. Standard should include researching the team, competitors, stage of dev
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Ari Paul (@AriDavidPaul) |
@Teleos @Melt_Dem It usually takes smart people 12-18 months from when they first hear about cryptocurrency to understand the fundamental value proposition.
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Ari Paul (@AriDavidPaul) |
@Teleos @Melt_Dem 2/ Consider that Indians just had their wealth confiscated via demonetization, in South Korea you can’t take your money beyond the borders.
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Ari Paul (@AriDavidPaul) |
@Teleos @Melt_Dem 3/ Argentinians face seizure via capital controls + inflation, Russians and Chinese face arbitrary seizure by corrupt judges and politicians
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Ari Paul (@AriDavidPaul) |
@Teleos @Melt_Dem 7/ To find a floor for that fundamental demand, add up every Cayman and Swiss bank account, every hidden bar of gold. $15 trillion+ minimum
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Ari Paul (@AriDavidPaul) |
@Teleos @Melt_Dem You’re 4 years late on the tulips analogy Chris. The DAO was buggy code with too must trust, but its valuation was exactly = to NAV.
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