Blockchain Is the Internet's Second Half: Dan Morehead

by in Blockchain News

Pantera Capital blockchain

In his recent interview with Bloomberg, the CEO of the crypto-focused hedge fund Pantera Capital, Dan Morehead said he believes that Bitcoin and blockchain are going to change many different things for billions of people. He mentioned that the technology is borderless and operates in every country.

Related: Pantera Capital CEO Says the Next Bitcoin Bull Run Is Near

Morehead finds that the technology is the biggest trend of the generation, and called blockchain the second half of the internet.

The Pantera Capital CEO says it's a pretty good time for investments. He also said that crypto has many use cases that have nothing to do with rates.

The entrepreneur is positive about the future of the crypto industry predicting that even if risky assets struggle, blockchain does well. Morehead noted we have already seen such a performance when most tech stocks were down and even gold were down, but crypto-related stocks were up.