Jean-Luc Park

925 posts

Jean-Luc Park

Jean-Luc Park

@vcbasics

Started the West Penn Regional Center for EB-5 Investments. Former Cleantech Sustainable Socially Responsible VC impact investor.

Washington D.C. انضم Mayıs 2009
128 يتبع182 المتابعون
Jean-Luc Park
Jean-Luc Park@vcbasics·
@Nouriel Many countries have internal inflation risk in their local currency. Wealthy people can purchase assets like gold or boats. People without wealth also need to have access to assets. Losing 20% or 50% in a crypto is still preferable to losing 80% in a local currency.
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Nouriel Roubini
Nouriel Roubini@Nouriel·
Also as FB Coin linked to a basket of currencies there is significant currency risk for users whose main currency is dollar or euro or any other. Most consumers are local and think/pay local and dont want currency risk related to using a coin that is a basket of global currencies
CoinDesk@CoinDesk

Noted economist Nouriel Roubini (@Nouriel) has said Facebook's soon-to-be unveiled cryptocurrency is not really crypto or blockchain. ow.ly/Srmc50uG7Yk

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Jean-Luc Park
Jean-Luc Park@vcbasics·
At Bethesda green today
Jean-Luc Park tweet media
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Jean-Luc Park
Jean-Luc Park@vcbasics·
This is great. Getting to the 2 cents per liter metric can mean this is a profitable idea for deployment. The next question is how to protect the vulnerable populations (women/children) who no longer have the social protection…lnkd.in/etU3wU8 lnkd.in/eP4mRpf
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Jean-Luc Park
Jean-Luc Park@vcbasics·
At some point, other assets will be used, like gold/oil/real estate/electricity/etc. lnkd.in/eJTQ3BH
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