The dynamic cryptocurrency space would likely not be possible if not for the belief and work of Fred Ehrsam. He left his position as a Goldman Sachs trader in 2012 to combine his passions of computer science with gaming – and help set up Coinbase, the largest cryptocurrency exchange in the U.S. with Brian Armstrong. In 2017, he left the day-to-day operations at Coinbase to launch his own investment firm called Paradigm, also focused on blockchain. In this latest Bloomberg Studio 1.0, Ehrsam sits down with Emily Chang to discuss his early motivations, cryptocurrency volatility, and why he thinks crypto will be the most world-changing technology of the coming decades – creating a new form of money, financial system, and internet.
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