The Future of Crypto REVEALED by Early Bitcoin & Coinbase Investor! | Adam Draper

Adam Draper (0:00)

My entire investment thesis could be boiled down to sovereign technology where we can become our own bank, we can become our own hospital, we can become our own scientists. Robots enable a lot of those things.

Tony Edward (0:11)

There's a lot of people who are very scared of what's coming with AI and automation with robots. They're going to lose jobs and crypto technologies used for payments to avoid fraud and all these things. What is your outlook on that?

Adam Draper (0:22)

Yes, you are all going to lose your jobs, but.

Tony Edward (0:31)

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Hey folks, welcome into the Thinking Crypto Podcast. I'm your host, Tony Edward. And joining me is Adam Draper, who's the founder and managing director of Boost VC, which is an early stage venture capital firm. Adam, it's great to have you.

Adam Draper (3:07)

Yeah, it's great to be here. Thanks for having me, Tony.

Tony Edward (3:10)

Yeah, Adam, we're really looking forward to this conversation.

Boost has an incredible portfolio of investments. Of course, a large part of that is crypto. And I want to learn about your background and how did you make your way into crypto. So let's kick it off with that. Adam, where did you grow up and what did you want to be when you were growing up?

Adam Draper (3:29)

Well, I grew up Menlo Park, California. So I grew up in California Bay Area, Silicon Valley. What did I want to be when I grew up? I can tell you what I was interested in. I was interested in collecting sports cards, comic books, sort of anything that I felt that there was something of value.

My parents liked it because sports cards, you start to learn statistics on the back of cards and then with comic books, I learned how to read. So although it was worth these interests and they've pursued, I mean, you can't see it, but my entire table is covered in sports cards, and then my walls are covered in comic books. So I continued to do those things that I was interested in.

I don't know if I've ever been good at thinking far enough in advance to think, like I wanted to be, there were different times in my life where I was like, I'm going to try to be. So like, when I was like six, I don't remember my dad asking me that and I essentially was like a baseball player. But I wasn't, I even remember just being non-committal on it. Then I was six.