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Blockchain Capital’s Contrarian Bet on Crypto’s Next Decade

Blockchain Capital’s Contrarian Bet on Crypto’s Next Decade

The BlockThe Block2026/06/11 17:48
By:The Block

Episode 15 of Layer One, hosted by The Block's Kelvin Sparks and co-host Ava Labs President John Wu, was recorded with Blockchain Capital General Partner Spencer Bogart.

In Episode 15 of Layer One, The Block’s Kelvin Sparks and co-host, Ava Labs President John Wu, are joined by Blockchain Capital General Partner Spencer Bogart. The conversation explores stablecoins, prediction markets, token value accrual, privacy, public versus private blockchains and why the most valuable crypto applications of the future may not even exist today.

OUTLINE
00:00 - Introduction
02:01 - Things That Don't Exist
05:25 - Token Buybacks
09:11 - Privacy Challenge
11:06 - Regulation vs Privacy
12:17 - Value Accrual Debate
13:59 - Public vs Private Chains
17:43 - The Great Repricing
20:42 - Stablecoin Adoption
28:06 - Prediction Markets
45:18 - Crypto's Next Opportunity

GUEST LINKS

HOST LINKS

John Wu - ⁠⁠⁠
Kelvin Sparks -
The Block -
Ava Labs -
Avalanche -

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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