DECRED IN DEPTH: Ep#3, Investment Thesis & Governance with Joel Monegro of Placeholder Capital

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Just posted earlier today, a great interview with one half of the Place Holder Capital founding partners, a ~150mm crypto venture capital based in NYC.

A particularly insightful snippet Mr. Monegro puts forth:

In thin protocols which move data (e.g., http & the web) value is mostly built and captured wherever data ends up residing, e.g., at the app/data level: Google, Amazon, Ebay, Netflix, Spotify.

In fat protocols which both move & store the data (e.g., most blockchains) most value remains at the protocol level.

Take a listen–well worth it.

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