Pantera Capital announces a profit in Bitcoin Investments: Thousand Solid!



[ad_1]

Pantera Capital, a cryptocurrency company, shared what it did in five years from the year the fund was created. Dan Morehead and another officer Joey Krug Panthera investment income from crypto money over the next five years of its foundation

The fund, which was established in 2013 , is still very optimistic about Bitcoin, unsurprisingly. Faced with the magnitude of the benefits, the authorities, who explained the phenomenon with an anecdote, recalled a letter filed in 2013 and said that a similar logic remained valid. In those years, Pantera Capital CEO Dan Morehead looked at the investor's message in the same way: "

" Bitcoin (who was trading at $ 104 then) would likely see $ 5,000, because that product, replaces. It is also very useful for bills and other economical products. We are talking about a product that can do all that these things can do. The first world currency invented since gold. The first product in the world that can send money without knowing the limit. "

Three months later, when Bitcoin was at $ 253, Morehead threw another mail at that time, drawing attention to the philosophy and principles of Bitcoin." Morehead then wrote to the reporter. Investor:

"In my opinion, deciding to buy Bitcoin now equates to Microsoft's decision to buy it at $ 0.20 a month." That may not have much meaning now that the price is low, but I think it will be a good job.I believe in BitCoin very seriously.It is the world's first money after the world and the first time in the world, it does not know not the limit of the money transfer.At the present time, the total volume is only $ 3 billion.

Pantera, which later established its own free investment fund and started to invest in Blockchain companies, is also known for his work on the future of Blockchain.Pantera sets up groups in different parts of the world, wanting people to interact with other followers on Blockchain and share their ideas.

"We will organize group meals in many cities.If you want to meet other investors and express your ideas on Blockchain, you can join the project."

The company also attracts the group. pay attention to recent investments. Finally, Origin and another stable parts project Basis have managed to invest in Pantera.