Patrick Tan
1 min readMar 16, 2019

Dear Mark,

Thank you for taking the time to read my work and thank you for your kind words.

Just as earlier generations could not understand the value of the internet, could not understand how a company with no revenues and which was bleeding money could be receive billion-dollar valuations and just as platforms and protocols came to dominate the world, the existing power structures will also struggle to grasp the essence (the incalculable and uncaptureable “ether” if you will) of what is digital and programmable money.

Your analysis on how cryptocurrency values are tied to the inherent value and utility of the blockchain could not be more spot on!

Thank you for contributing to the discussion!

Yours,

Patrick

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Patrick Tan
Patrick Tan

Written by Patrick Tan

General Counsel for ChainArgos, the blockchain intelligence firm made famous for breaking the story that BUSD was unbacked by US$1.4bn

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