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This Tiger Cub Thinks Cryptocurrencies Are Taking Market Share From Gold

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Michelle deBoer-Jones
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Dan Morehead of Pantera Capital was one of the first institutional investors focused on digital currencies and the blockchain. At the 13th annual Invest for Kids conference, he presented his thesis for the blockchain, saying that he believes investors who don't hold digital currencies in the future will see higher risk in their portfolios.

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Morehead explained that the blockchain has created a parallel financial structure to the existing financial structure like the internet did for the information economy. He said the blockchain is the final piece of the protocol puzzle that is the internet because it enables people to move value around....

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.