Most tokens really are securities. The crypto industry wants you to believe that most tokens really are not securities. This is the Great Lie.

Every down market in crypto gave birth to some new innovation that fueled the next up market. The next wave of growth, we believe, will be fueled by reward tokens.

Good loyalty programs have one thing in common: the benefits outweigh the fees.

I have a much more charitable view of what happened with SBF, and this Christmas season I encourage you to put yourself in his shoes.

As crypto value investors, that’s what we’re after: putting our money into quality projects that help pave the way for the future of money.

The question for you: What are the risk factors that make you stay away from a crypto investment? Is it an anonymous founder? A sketchy business model? Forked code?