What follows are lessons, observations, and insights about the crypto field that constitute our core operating thesis for investments at Two Prime. There is a promise of abundance at the heart of crypto and we review its brief history with an eye to lessons learned and lessons missed.
In this pamphlet we focus on what works in the crypto world, dispelling some myths -– which might annoy some people; we draw lessons and parallels from traditional finance, aspiring to pass on the knowledge and teach the truisms on which our concepts of money rest. The only path forward for crypto today lies within its applications in the financial system. Almost everything else is either misguided ––or too early.
Many of the concepts exposed here are truths hiding in plain sight. Our intention is to teach and to show the way to crypto abundance. We are not idle commentators: we are investors, pioneers, leaders, and entrepreneurs in the crypto space, so we have a vested interest in seeing it succeed. While the tone of this pamphlet will be that of analysis and critique, don’t be mistaken: we are overall positive and optimistic about the future of crypto. We would not care otherwise.
Without much further ado, let’s get started.