Layer One

Blockchain Capital’s Contrarian Bet on Crypto’s Next Decade


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In Episode 15 of Layer One, The Block’s Kelvin Sparks and co-host Ava Labs President John Wu are joined by Blockchain Capital General Partner Spencer Bogart. The conversation explores stablecoins, prediction markets, token value accrual, privacy, public versus private blockchains and why the most valuable crypto applications of the future may not even exist today.

OUTLINE
00:00 - Introduction
02:01 - Things That Don't Exist
05:25 - Token Buybacks
09:11 - Privacy Challenge
11:06 - Regulation vs Privacy
12:17 - Value Accrual Debate
13:59 - Public vs Private Chains
17:43 - The Great Repricing
20:42 - Stablecoin Adoption
28:06 - Prediction Markets
45:18 - Crypto's Next Opportunity

Guest links:
Spencer Bogart - https://x.com/CremeDeLaCrypto
Blockchain Capital - https://x.com/bcap

Host links:
Kelvin Sparks - https://x.com/imyoungsparks⁠⁠⁠
John Wu - ⁠⁠⁠https://x.com/John1wu
The Block - https://x.com/TheBlockCo
Ava Labs - https://x.com/avalabs
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Layer OneBy The Block