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Dan Morehead - Why The Current Crypto Growth Is Just The Beginning

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Founder & CEO of Pantera Capital

In our ongoing mission here at London Real to bring you the most influential and important voices in the world of cryptocurrency and Decentralised Finance, we today bring you the American hedge fund manager and financial advisor Dan Morehead.

Dan Morehead is a major player in the trading and investment world, and his financial savvy, be it centralised or not, is the kind of expertise and understanding that takes a lifetime to acquire.

Dan is the founder and CEO of Pantera Capital, a San Francisco-based investment firm which since 2013 has focussed on Bitcoin and other digital currencies. In all, Pantera manages $2.8 billion in blockchain-related assets and has invested in several crypto exchanges including Bitstamp, Coinbase and regional exchanges such as the Mexico-based Bitso.

His early life and career are equally impressive, graduating from Princeton University in 1987 with a Bachelor of Science degree in Civil Engineering and receiving the highly acclaimed Carmichael Prize for outstanding thesis.

From there, it’s been a catalogue of successful transitions as Morehead went from his first job as Mortgage Derivatives Trader at Goldman Sachs to become the Managing Director of the Global Portfolio Group at the Bankers Trust.

In 1995 Dan became the Global Head of Foreign Exchange Options at Deutsche Bank, leading the firm from unranked in the Euromoney Survey to first place in two years. After that, he spent four years as Chief Financial Officer & Head of Macro Trading at Tiger Management.

In 2000 Dan co-founded and acted as CEO of Atriax, an electronic foreign exchange platform. Dan is also a current board member of BitPesa, the acting Chairman of Bitstamp – the world’s longest-running cryptocurrency exchange – and CEO of the aforementioned Pantera Capital.

Dan’s credibility and knowledge are unparalleled and his attention to detail, market trends and deep, easy to grasp explanations of the ups and downs of crypto trading makes this interview an incredible resource for all you crypto enthusiasts.

“10 years from now I think everyone with a smartphone is going to be using cryptocurrency.”

This is why my team and I are going “all in” on this technology and infrastructure and plan on spending that period teaching, understanding, broadcasting, educating, investing in, profiting from and transforming this exciting new marketplace.

There really are no limits to what we can achieve, and by working together as a team, creating a community of like-minded people, we can blaze a trail in this exciting and transformative space.

That’s why I’ve created the DeFi Academy and committed time and resources to provide a platform for success that YOU can be a part of.

The right kind of education is critical and that’s why I’m really excited to sit down with Dan and pick his brains. He’s a leader and an expert and I promise this episode will provide as many clues and answers, insights and opinions needed to keep both new and old crypto enthusiasts satiated.

The Greatest Dislocation of Wealth in Human History is underway and you have the opportunity to be a part of it.

Download clips

A number of clips from this exclusive interview are now available to download, share and repost. Spread the word: grab these clips today!

  1. What’s life really like on Wall Street?
  2. DeFi innovation is the most important time in finance
  3. How do you talk about Bitcoin with newbies?
  4. Bitcoin is a serial killer
  5. Banks don’t want to innovate
  6. Once you buy Bitcoin you never want to sell it
  7. Bitcoin had no downtime in 12 years
  8. Ethereum will be the dominant blockchain
  9. Will Cardano take down Ethereum?
  10. The rate of adoption will drive the price
  11. How do you pick your investments?
  12. More than half our investments are outside US
  13. Investing in crypto from a fund perspective
  14. What was it like to create a Bitcoin fund in 2013?
  15. How do you trade volatile markets?
  16. The value of paper money is plummeting
  17. Anyone who has held Bitcoin for 3 to 4 years made money
  18. Can you study DeFi and crypto in university?
  19. Where will Pantera be in 10 years?
Chapters

Chapters:
00:00 Trailer.
02:39 Brian’s introduction.
03:41 Dan Morehead and Brian recall their days at Bankers Trust.
10:57 Bitcoin is a serial killer. Dan Morehead explains Bitcoin.
18:06 Did innovation have to come from peer-to-peer blockchain, or would it ever have evolved within banks?
20:23 Logarithmic correlation between Bitcoin users and price unlike any other asset Dan Morehead has seen.
27:41 The relationship between Bitcoin and DeFi or Ethereum and how DeFi will grow differently to Bitcoin.
31:14 Will Ethereum remain the backbone and mainstay of DeFi for the next five to ten years?
33:35 Will Ethereum innovate and improve?
34:21 Dan Morehead’s views on Cardano.
36:03 Adoption is key to maintaining success.
38:36 With experience of his company Pantera Capita, Dan Morehead explains how to choose what to invest in and how to invest well.
48:45 Following Audius, what ideas will he be investing in next and where will they be based?
51:13 What Pantera is like as a fund and what are the risk profiles of the companies Pantera invests in.
1:02:20 The difficulties in the early days of setting up Pantera.
1:08:52 Dan’s advice for dealing with the emotional rollercoaster of trading volatile markets.
1:16:00 His views on inflation and quantitative easing following the pandemic and who is going to pay for it.
1:23:27 Either resist temptation to be a Crypto day trader or find someone else to trade for you.
1:25:44 Dan Morehead’s biggest challenge this year.
1:27:15 The best way to get educated in blockchain with a future career in mind.
1:30:25 Where Pantera looks to be in five years.
1:32:06 The minimum investment in Pantera and what he suggests investing in.
1:34:22 Brian thanks Dan Morehead for his conviction for crypto investments.
1:35:25 Brian’s summing up.

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