“Would you ever invest in something you don’t understand?”
Spencer highlighted the difference between traditional investors, like Warren Buffet calling crypto “rat poison,” and crypto advocates, like Jack Dorsey integrating crypto into the payment platform service he founded, Square. “What is complex and disruptive is often controversial and misunderstood. We saw that with the internet bubble, file sharing, decentralization of media. My convictions for this company and this industry draw from these patterns.