Interview: Why Brock Pierce believes blockchain could be bigger than the internet

Soaring values are prompting predictions of crash for cryptocurrencies
Brock Pierce, former child film star, now a digital currency pioneer, says venture capital will ‘just go away’
Brock Pierce, former child film star, now a digital currency pioneer, says venture capital will ‘just go away’
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Brock Pierce has been making money from make-believe for a long time. As a child actor he starred in Disney’s The Mighty Ducks and First Kid, where he played the mischievous son of the US president. In his twenties he started Internet Gaming Entertainment (IGE), a Hong Kong company that made millions selling digital ephemera such as World of Warcraft gold to desperate gamers. (Pierce was later pushed out by former White House strategist Steve Bannon, who ran IGE for six years.)

So it is perhaps no surprise the 36-year-old has emerged as one of the most prominent players in the virtual assets at the heart of 2017’s financial craze: cryptocurrencies. Investing in bitcoin, ether, or any of the 700-plus cryptocurrencies that have been magicked