The Blockcrunch Podcast

A very special discussion on DeFi liquidators with Tom Schmidt (@tomhschmidt) from Dragonfly Capital and Taiyang Zhang (@bftzhang) from Ren Protocol & KeeperDao.

We discuss:

• How traders made $100K+ "risk-free" in single transactions by being "liquidators"
• Profitability of running liquidator strategies on different DeFi protocols
• KeeperDao, DarkDao and Game Theory in liquidations
• Should protocols use native tokens for collateral?
• Will liquidation market shrink if markets mature?

Subscribe or miss out!

Host: Jason Choi (@MrJasonChoi). If you enjoyed the show, consider tipping! This show is not financial advice.

• BTC: 3EFSLnPpme6Lo6DynN1bVV9owooueFvEmJ
• ETH: 0xdec40AA30B9C562aB4b839529BfC290C1B5Da61E

 ******

Resources:

• Pay your crypto taxes with the help of https://bitdexs.com/
  
  
• Sign up for eToro here

• Subscribe to my essays here: jasonchoi.substack.com

• Tom's blog post on liquidations here

******

Intro music by Phortissimo.

Disclaimer: Jason Choi is an investor at Spartan Capital, the hedge fund arm of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries and personnel. This podcast is for information purposes only and should not be relied upon as a basis for investment decisions. 

In this very special episode, Ben Sparango (@bennybitcons) from Multicoin Capital and Christian Keroles (@CK_SNARKS) debate the most common critiques for DeFi:

• DeFi can't scale beyond speculation
• DeFi can't bank the unbanked
• Composability is a ticking time bomb
• The "skeumorphism" of DeFi

Subscribe or miss out!

Host: Jason Choi (@MrJasonChoi). If you enjoyed the show, consider tipping! This show is not financial advice.

• BTC: 3EFSLnPpme6Lo6DynN1bVV9owooueFvEmJ
• ETH: 0xdec40AA30B9C562aB4b839529BfC290C1B5Da61E

 ******

Resources:

• Pay your crypto taxes with the help of https://bitdexs.com/
  
  
• Sign up for eToro here

• Subscribe to my essays here: jasonchoi.substack.com

******

Intro music by Phortissimo.

Disclaimer: Jason Choi is an investor at Spartan Capital, the hedge fund arm of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries and personnel. This podcast is for information purposes only and should not be relied upon as a basis for investment decisions. 

This week, I'm joined by Chris Winfrey, co-founder of Authereum, which aims to bridge the gap between Web 3 and Web 2 user experiences. We dive into:

• The missing UX components in Web 3 
• What Metamask & Coinbase wallets lack
• The risks of contract-based accounts
• Building a moat around crypto wallet businesses
• Why Authereum puts Dai first

Subscribe or miss out!

Host: Jason Choi (@MrJasonChoi). If you enjoyed the show, consider tipping! This show is not financial advice.

• BTC: 3EFSLnPpme6Lo6DynN1bVV9owooueFvEmJ
• ETH: 0xdec40AA30B9C562aB4b839529BfC290C1B5Da61E

 ******

Resources:

• Test out Authereum here
• Pay your crypto taxes with the help of https://bitdexs.com/
  
  
• Sign up for eToro here

• Subscribe to Relay Node here

• Libsyn link

• Apple Podcast

• Stitcher

• Spotify

******

Intro music by Phortissimo.

Disclaimer: Jason Choi is an investor at Spartan Capital, the hedge fund arm of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries and personnel. This podcast is for information purposes only and should not be relied upon as a basis for investment decisions. 

This week, I'm joined by Joe Lallouz (@JoeLallouz), the CEO of Bison Trails. We talk:

• How staking companies can build moats
• Are exchanges a threat to independent stakers?
• Bison Trails' origins and differentiation
• Threat of centralization in staking
• Why Bison Trails joined Facebook's Libra

Subscribe or miss out!

Host: Jason Choi (@MrJasonChoi). If you enjoyed the show, consider tipping! This show is not financial advice.

• BTC: 3EFSLnPpme6Lo6DynN1bVV9owooueFvEmJ
• ETH: 0xdec40AA30B9C562aB4b839529BfC290C1B5Da61E

 ******

Resources:

• Pay your crypto taxes with the help of https://bitdexs.com/
  
  
• Sign up for eToro here

• Subscribe to Relay Node here

• Libsyn link

• Apple Podcast

• Stitcher

• Spotify

******

Intro music by Phortissimo.

Disclaimer: Jason Choi is an investor at Spartan Capital, the hedge fund arm of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries and personnel. This podcast is for information purposes only and should not be relied upon as a basis for investment decisions. The Spartan Group and its clients may hold positions in assets described in the episode. Detailed disclaimers available at jasonchoi.me and spartangroup.io/disclaimer. 

This week, I'm joined by Devin Finzer (@dfinzer), co-founder of crypto collectible marketplace OpenSea that raised $2.1M from Blockchain Capital and others. We dive into:

• The overlooked opportunity of crypto collectibles
• OpenSea's business model and moat
• The future of non-fungible tokens
• Crypto art, collectibles, trading cards, and more

Subscribe or miss out!

Host: Jason Choi (@MrJasonChoi). If you enjoyed the show, consider tipping! This show is not financial advice.

• BTC: 3EFSLnPpme6Lo6DynN1bVV9owooueFvEmJ
• ETH: 0xdec40AA30B9C562aB4b839529BfC290C1B5Da61E

 ******

Resources:

• Pay your crypto taxes with the help of https://bitdexs.com/
  
  
• Sign up for eToro here

• Subscribe to Relay Node here

• Libsyn link

• Apple Podcast

• Stitcher

• Spotify

******

Intro music by Phortissimo.

Disclaimer: Jason Choi is an investor at Spartan Capital, the hedge fund arm of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries and personnel. This podcast is for information purposes only and should not be relied upon as a basis for investment decisions. The Spartan Group and its clients may hold positions in assets described in the episode. Detailed disclaimers available at jasonchoi.me and spartangroup.io/disclaimer. 

A very special interview with Kelvin Koh (@SpartanBlack_1), former Partner at Goldman Sachs, current CIO at crypto hedge fund Spartan Capital and someone whom I've learnt a lot from in the past 1.5 years. We discuss:

• Is there diversification in crypto? (11:33)
• The risk of shorting cryptoassets (12:20)
• Thoughts on velocity, current valuations  (15:26)
• Why the halvening isn't "priced in" (29:00)
• How do derivatives affect crypto price discovery (35:11)
• Are institutions coming this year? (40:25)

Subscribe or miss out!

Host: Jason Choi (@MrJasonChoi). If you enjoyed the show, consider tipping! This show is not financial advice.

• BTC: 3EFSLnPpme6Lo6DynN1bVV9owooueFvEmJ
• ETH: 0xdec40AA30B9C562aB4b839529BfC290C1B5Da61E

 ******

Resources:

• Pay your crypto taxes with the help of https://bitdexs.com/
  
  
• Sign up for eToro here

• Subscribe to Relay Node here

• Libsyn link

• Apple Podcast

• Stitcher

• Spotify

******

Disclaimer: Jason Choi is an investor at Spartan Capital, the hedge fund arm of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries and personnel. This podcast is for information purposes only and should not be relied upon as a basis for investment decisions. The Spartan Group and its clients may hold positions in assets described in the episode. Detailed disclaimers available at jasonchoi.me and spartangroup.io/disclaimer. 

Stephan Livera (@stephanlivera), Bitcoin maximalist, Austrian economist and founder of Ministry of Nodes & Stephan Livera Podcast, shares his views on crypto and Bitcoin's economic underpinnings. We discuss:

• Austrian Economics 101
• Improving vs. disrupting central banks
• Does BTC adoption require a paradigm shift in economics?
• Bitcoin valuation
• Why Bitcoin, not crypto

Subscribe or miss out!

Host: Jason Choi (@MrJasonChoi). If you enjoyed the show, consider tipping! This show is not financial advice.

• BTC: 3EFSLnPpme6Lo6DynN1bVV9owooueFvEmJ
• ETH: 0xdec40AA30B9C562aB4b839529BfC290C1B5Da61E

 ******

Resources:

• Pay your crypto taxes with the help of https://bitdexs.com/
  
  
• Sign up for eToro here

• Subscribe to Relay Node here

• Libsyn link

• Apple Podcast

• Stitcher

• Spotify

******

Disclaimer: Jason Choi is an investor at Spartan Capital, the hedge fund arm of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries and personnel. This podcast is for information purposes only and should not be relied upon as a basis for investment decisions. The Spartan Group and its clients may hold positions in assets described in the episode. Detailed disclaimers available at jasonchoi.me and spartangroup.io/disclaimer. 

Chris McCann (@mccannatron), formerly of Greylock, founded Proof of Capital to invest in crypto products with real adoption. In this special interview, we discuss:

• Why PoC hasn't funded protocols
• Why haven't remittances taken off for crypto?
• Founder-product fit, product-market fit
• Calculating TAM for new markets
• Exit opportunities in crypto
• Actionable framework for investment meetings

Subscribe or miss out!

Host: Jason Choi (@MrJasonChoi). If you enjoyed the show, consider tipping! This show is not financial advice.

• BTC: 3EFSLnPpme6Lo6DynN1bVV9owooueFvEmJ
• ETH: 0xdec40AA30B9C562aB4b839529BfC290C1B5Da61E

 ******

Resources:

• Pay your crypto taxes with the help of https://bitdexs.com/
  
  
• Sign up for eToro here
  
  
• Chris' Twitter

• Subscribe to Relay Node here

• Libsyn link

• Apple Podcast

• Stitcher

• Spotify

******

Disclaimer: Jason Choi is an investor at Spartan Capital, the hedge fund arm of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries and personnel. This podcast is for information purposes only and should not be relied upon as a basis for investment decisions. The Spartan Group and its clients may hold positions in assets described in the episode. Detailed disclaimers available at jasonchoi.me and spartangroup.io/disclaimer. 

Jake Brukhman is always a few steps ahead of the crypto world.

The founder of the first VC fund in crypto (CoinFund) joins me in kicking off 2020 with his contrarian theses:

• Why app chains make sense despite Ethereum's moat
• Why DeFi isn't a sign of mainstream adoption
• Why apps accrue value, not protocols
• Why crypto art is hugely overlooked

Subscribe or miss out!

Host: Jason Choi (@MrJasonChoi). If you enjoyed the show, consider tipping! This show is not financial advice.

• BTC: 3EFSLnPpme6Lo6DynN1bVV9owooueFvEmJ
• ETH: 0xdec40AA30B9C562aB4b839529BfC290C1B5Da61E

 ******

Resources:

• Pay your crypto taxes with the help of https://bitdexs.com/
• Sign up for eToro here

• Subscribe to Jason's newsletter here

• Libsyn link

• Apple Podcast

• Stitcher

• Spotify

******

Disclaimer: Jason Choi is an investor at Spartan Capital, the hedge fund arm of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries and personnel. This podcast is for information purposes only and should not be relied upon as a basis for investment decisions. The Spartan Group and its clients may hold positions in assets described in the episode. Detailed disclaimers available at jasonchoi.me and spartangroup.io/disclaimer. This episode is sponsored by eToro.

To close out 2019, Open Money Initiative's Jill Carlson (@jillruthcarlson) and The Graph's Yaniv Tal (@yanivgraph) join us to debate one of the most important topics in crypto. They discuss:

• Why crypto is only for fringe use cases
• Sound Money vs. Web 3
• Whether "mass adoption" is good for crypto
• Why aren't people using dapps?
• The censorship resistance narrative
• Drivers of demand for dapps 
• Jill and Yaniv's 10 year crypto outlook

Host: Jason Choi (@MrJasonChoi). If you enjoyed the show, consider tipping! This show is not financial advice.

• BTC: 3EFSLnPpme6Lo6DynN1bVV9owooueFvEmJ
• ETH: 0xdec40AA30B9C562aB4b839529BfC290C1B5Da61E

 ******

Resources:

• Sign up for eToro here

• Relay node newsletter (Asia crypto events)

• Libsyn link

• Apple Podcast

• Stitcher

• Spotify

******

Disclaimer: Jason Choi is an investor at Spartan Capital, the hedge fund arm of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries and personnel. This podcast is for information purposes only and should not be relied upon as a basis for investment decisions. The Spartan Group and its clients may hold positions in assets described in the episode. Detailed disclaimers available at jasonchoi.me and spartangroup.io/disclaimer. This episode is sponsored by eToro.