Missionaries Versus Mercenaries In Crypto

Avichal Garg is co-founder of Electric Capital, one of crypto's most respected early-stage funds, and an early backer of Solana, Kraken, Figma, and Bitwise.

THE SHIFT NEWSLETTER

💡Go beyond the mic - subscribe to The Shift, my new weekly newsletter where I share the uncut stories, raw takes, and behind-the-scenes notes from When Shift Happens: https://www.kevinfollonier.com/crypto-web3-newsletter

___________

PARTNERS

🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana: https://jup.ag/

🅿️ Paradex is building the future of open finance — an intuitive, permissionless trading platform giving users full control, ultra-low costs, fast execution, and access to global markets in one place. Money Badgers Genesis NFT drops in Q4 — limited spots 👉 https://app.paradex.trade/wl/resilientrogueqv

💳 KAST lets you manage and spend stablecoins or crypto with a Visa Card or Apple Pay. Live in 100+ countries: https://go.kast.xyz/VqVO/SHIFT

🔓 Trezor offers the safest cold-storage wallets for crypto and true financial independence.

 Buy with 10% off (promo code in video): https://trezor.io/?transaction_id=1026f18ed46409e495c6db4bff90ab&offer_id=133&affiliate_id=35356

💰 Zashi is the easiest self-custody wallet for private transactions - send, receive, and spend Zcash (ZEC) without middlemen or surveillance, built by the team that launched Zcash in 2016.

https://z.cash/ecosystem/zashi-wallet/

🌱 Bitwise Asset Management manages $15B+ across 30+ crypto investment products — ETFs, index funds, alpha, staking, and more. https://bitwiseinvestments.com/

💧 Sui is a next-gen Layer 1 making digital asset ownership fast, private, and secure.

 https://sui.io/

♾️ Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies. 

https://www.coinsilium.com

___________

Follow Avichal Garg

• Twitter: https://x.com/avichal

• Twitter: https://x.com/ElectricCapital

• Website: https://www.electriccapital.com/

FOLLOW WHEN SHIFT HAPPENS

Twitter (X): https://x.com/KevinWSHPod  

Linkedin: https://www.linkedin.com/in/kevinfollonier/

Website: https://kevinfollonier.com/

DISCLAIMER

The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.

0:00 Introduction

1:38 Please Subscribe

4:26 KAST Card Plug & My Life Is Built On Stable Coins

6:24 Why Avichal Wears A Cap All The Time?

8:05 What Can You Tell Us About Bitwise

9:51 The People Who Built Bitwise Are Geniuses Or?

10:53 Lessons From Silicon Valley About Beliefs

12:30 Partnerships: @JupiterExchange @KASTxyz

13:06 What Fuels Belief For Successful Entrepreneurs

19:34 How Early Did You Invest In These Companies

20:15 Is It Luck Or Genius That You Invested

28:37 Partnerships: @paradex @zashi_wallet

34:00 Avichal’s Backstory

40:05 Connection Between Crypto & “The Little Guy”

43:32 How Does Silicon Valley Look At Crypto Investors

44:48 Partnerships: @Trezor @BitwiseInvest @SuiNetwork

45:40 What Happens To Those Who Are In Crypto But Don’t Believe In It

47:26 Why The Majority Of People Can’t Buy & Hold In Crypto

55:03 How High Can Bitcoin, ETH, & Crypto Get Based On These Principles?

1:01:06 The Compounding Effect & Logic Behind Bitcoin Investing

1:02:19 Applying This “Compound Effect” To ETH, SOL, & Bitcoin

1:06:15 Any Other Crypto Assets That May Have Reached Insane Velocity In 2026

1:07:51 Avichal’s Thesis On SUI

1:10:20 Closing Thoughts