Episode #172: Life After Silicon Valley
What does half a trillion dollars of cryptocurrency mean? We’ve been saying for months now, that 2018 will be the year institutional money starts flooding the Crypto market. It’s the next phase of the “bubble” forming patter. Like in the internet boom of the late 90’s, we first saw early adopters, institutional money, and finally mass populous adoption and then the bubble burst. We’re still very early, straddling the early adopter/institutional money phase. Crypto is now about the same as Tobacco, or … about the size of Airline and Electrical Equipment industries combined, or … about 40% the size of Capital Markets, or … about 15% of Oil, Gas, and Consumable Fuels, or … about 12% of Banking. Whoa sir! Also Preethi Kasireddy says goodbye to Silicon Valley and says hello to L.A. She has a passion for understanding things at a fundamental level and sharing it as clearly as possible. Oh, and Daniel Baker, fan of the show joins us on the roundtable. Lotta fun!