Barry Silbert is the founder & CEO of Digital Currency Group, a company that has helped build the foundation of the digital currency and blockchain technology industry. DCG has been so successful to date that its investment trust is worth as much today as the whole asset class five years ago. But what comes next?
In this interview, Raoul Pal tries to get to the bottom of how viable cryptocurrencies are over the long-term. In addition to talking about cryptocurrencies’ viability and volatility, Silbert addresses the need for crypto to serve as a speculative vehicle, policing fraud, and illegality. He also speaks to the utility of blockchain outside of the currency realm. Silbert then discusses his views on bitcoin versus gold, and on the generational divide driving changes in the thinking about stores of wealth.
Filmed on June 4, 2019 in New York and published on Real Vision on June 17, 2019.