Joel Monegro on Crypto Networks and Investing in Crypto

Joel Monegro (@jmonegro), partner at Placeholder, joins Erik on this episode. They talk about: - The waves of centralization and decentralization in finance, government, and culture over time. - How value accruing to incumbents has resulted in completely new fields opening up for innovation. - Why crypto networks are analogous to countries. - Joel’s thesis that "ultimately capital is control." - Why crypto is not a new technology revolution. - How crypto can change the problem of mis-distribution of capital in societies. - How Joel’s thinking on these topics has influenced his investment thesis. Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal. Venture Stories is brought to you by Village Global, is hosted by co-founder and partner, Erik Torenberg and is produced by Brett Bolkowy.