• Brad Stephens in the Blockchain Capital office in San Francisco (photo by Martine Paris).
    Innovators

    INTERVIEW: Blockchain Capital’s origin story is steeped in gaming lore

    Martine Paris interviews Brad Stephens about everything from video game currencies to Facebook’s GlobalCoin

    When the sons of legendary investment banker Paul Stephens met Mighty Ducks star Brock Pierce, they were avid World of Warcraft gamers and he was amassing an empire of digital goods exchanges where players could buy, sell, and trade valuable in-game items and virtual currency. Together they would go on to form Blockchain Capital, the first venture capital firm to fund the blockchain ecosystem.

  • Part of the header image on Brock Pierce's Twitter profile page shows him appearing heroically on fictitious money (via Twitter)
    Bitcoin,  Innovators

    Brock Pierce buys a million-dollar home with a crypto-backed loan

    The controversial bitcoin investor’s use of Bitcoin as collateral has tax benefits, but also big pitfalls

    Controversial Bitcoin investor Brock Pierce has used cryptocurrency to buy a $1.2 million house in Amsterdam. The wealthy former child star, known for his role in “Mighty Ducks,” used Bitcoin as collateral to obtain a $1.2 million loan from Swiss FinTech Nexo for a home.

  • Bitcoin superhero
    Bitcoin,  Innovators,  Litecoin,  Opinion

    Crypto’s superhero fixation has a dark side

    Is plutocracy a bug or a feature?

    “The technologies that we are creating today will literally give us super powers,” Adam Draper told a trendily dark, shockingly empty, incredibly large conference room in the Aria Resort in Las Vegas, where World Crypto Con 2018 was being held. It was before 11 a.m. on a Thursday, and Adam was standing on stage alongside his father, the well-known venture capitalist Tim Draper (who himself is the son and grandson of venture capitalists). “We’ll probably live 200 years and I don’t know, will get from one place to another just by thinking about it,” the younger Draper enthused. “And think about like, how people from 50 years ago, if they…