Trends with Benefits #90: Catch Up on Crypto with Pranav Kanade

06 December 2022

Listen Time 31:31 MIN

 

On this episode of Trends with Benefits, I meet with Pranav Kanade, Portfolio Manager of VanEck’s Digital Assets Strategy, about all things crypto. We address the impact of the collapse of FTX and the irony of the situation in how it supports the use of decentralized exchanges. Pranav believes that FTX’s collapse will spur more regulation, specifically in stablecoins, centralized exchanges, and the differentiation of securities and commodities.

Additionally, we explore three use cases that may lead to greater crypto adoption, including payments, Web3 experiences, and “proof of physical work.” Pranav breaks down the difference between Web2 and Web3 and explains what a token is. Lastly, Pranav shares what he sees as a long-term trend: a shift toward valuing content creators, which is enabled by the lack of a middleman in the Web3 ecosystem.


Show Notes:

02:35 The Impact of FTX’s Collapse

05:56 Crypto Regulation

08:54 Catalysts for Crypto Growth

11:24 Web2 vs. Web3

14:32 What Is a Token?

20:08 Investment Opportunities in Crypto

21:53 Tokens vs. Traditional Equities

25:11 Long-Term Trend

27:23 Trend or Fad

Trend or Fad

Listen for Pranav’s take on crypto gaming, Reddit-like “non-NFT” NFTs, art investing, lab-grown meat, and Twitter.

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