Kyle Samani of Multicoin on Accelerating the Adoption of Sovereign Software, Designing Token Systems that Capture Value, and Why Composability is the Key to Crypto Panic with Friends - Howard Lindzon

I’ve got Kyle Samani back for his third appearance on Panic with Friends. As unusual, Kyle does a fantastic job of breaking down crypto with compelling use cases that will leave you with a better understanding of where we’ve been and where the promise of Web3 will take us. I’ve been a personal LP in his fund since it started in 2017, with positive results even through the brutal Crypto Winter of 2018/19. This episode piggybacks last weeks episode with Tushar Jain, Kyle’s co-founder at Multicoin Capital. Listen to them both. You’ll walk away realizing the inevitability of Web3 and where the major trends in technology are developing. 
Guest - Kyle Samani, Co-Founder and Managing Partner of Multicoin Capital 
Multicoin Summit Keynote
howardlindzon.com, multicoin.capital 
Twitter: @howardlindzon, @PanicwFriends, @kylesamani, @multicoincap, @knutjensen 
linkedin.com/in/kylesamani 
#fintech #invest #investment #venturecapital #stockmarket #finance 
Show Notes: 

(00:37) – Intro

(03:38) – The biggest change from the multitude of crypto pullbacks

(04:45) – Growth and estimates of individual crypto holders

(05:30) – Changes in how people access information

(07:48) – Trading platforms are a commodity

(09:23) – The 'flippening' from stocks to crypto

(10:27) – Composability explained

(13:45) – Building higher order apps on top of existing things

(16:11) – Importance of latency and throughput

(17:45) – Accelerating the adoption of sovereign software

(19:54) – How things are different now

(23:04) – The case for compute (Render)

(28:20) – Designing a token system that captures value

(32:07) – Fleshing out the Web3 infrastructure

(32:17) – Defining Web3

(34:25) – Web3 compliments Web2

(35:41) – Understanding competing blockchains

(38:47) – Binance, FTX, and Coinbase

(43:46) – Closing thoughts