DeFi is a Ticking Time Bomb - Ben Sparango (Multicoin Capital) vs. Christian Keroles (BTC Inc), Ep. 89
Play • 48 min

In this very special episode, Ben Sparango (@bennybitcons) from Multicoin Capital and Christian Keroles (@CK_SNARKS) debate the most common critiques for DeFi:

  • DeFi can't scale beyond speculation
  • DeFi can't bank the unbanked
  • Composability is a ticking time bomb
  • The "skeumorphism" of DeFi

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Host: Jason Choi (@MrJasonChoi). If you enjoyed the show, consider tipping! This show is not financial advice.

  • BTC: 3EFSLnPpme6Lo6DynN1bVV9owooueFvEmJ
  • ETH: 0xdec40AA30B9C562aB4b839529BfC290C1B5Da61E

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Resources:

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Intro music by Phortissimo.

Disclaimer: Jason Choi is an investor at Spartan Capital, the hedge fund arm of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries and personnel. This podcast is for information purposes only and should not be relied upon as a basis for investment decisions. 

 

The Delphi Podcast
The Delphi Podcast
Tom Shaughnessy
Teddy and Jeff: Notional Finance Enables Fixed Rate, Fixed Term Lending and Borrowing on Ethereum
Chain Reaction Host Tom Shaughnessy hosts Teddy Woodward and Jeff Wu of Notional Finance. Notional is a protocol on Ethereum that facilitates fixed rate, fixed-term lending and borrowing of crypto-assets via a novel financial primitive called fCash. Fixed rate financing touches all corners of the modern financial markets. The majority of US debt is issued at fixed interest rates because they provide certainty and minimize risk for market participants. Notional brings this capability to the decentralized financial system on Ethereum and gives crypto users that same access to stable financing. The full interview transcript is available below the video! Every Delphi Podcast is dropped first as a video interview for Delphi Digital Subscribers. Our members also have access to full interview transcripts. Join today to get our interviews, first. - Show Notes: (1:17) – (First Question) - Teddy’s Background.(3:11) – Jeff’s Background.(6:02) – Notional Finance Elevator Pitch.(8:33) – Key Differences between Notional Finance and other competitors.(11:50) – Rates / Collateralization Walkthrough.(14:42) – Thoughts about liquidity Fragmentation.(16:23) – The Collateralization Framework.(18:01) – Insights about DEV / Smart Contracts.(22:55) – How Notional affects DeFi.(26:34) – Will Notional attract Traditional Investors.(28:24) – What’s on the roadmap for Notional Finance.(29:56) – Notional vs. Compound?(33:09) – Notional Finance Team.(34:00) – Does Notional need a Community.(36:10) – How does the model work (to earn money).(36:49) – Where to find Notional Finance. Music Attribution: * Cosmos by From The Dust | https://soundcloud.com/ftdmusic * Music promoted by https://www.free-stock-music.com * Creative Commons Attribution 3.0 Unported License * https://creativecommons.org/licenses/by/3.0/deed.en_US Resources: * Teddy’s Twitter: https://twitter.com/teddywoodward * Jeff’s Twitter: https://twitter.com/wuprotocol * Notional Finance: https://notional.finance * Tom's Twitter: https://twitter.com/Shaughnessy119 * Delphi Podcast Twitter: https://twitter.com/PodcastDelphi More * Our Video interviews Can Be Viewed Here: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43Q * Access Delphi's Research Here: https://www.delphidigital.io/ Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host may personally own tokens that are mentioned on the podcast. Lets Talk Bitcoin is a distribution partner for the Chain Reaction Podcast, and our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product or service. Delphi’s transparency page can be viewed here.
38 min
The Scoop
The Scoop
The Block
'They start with bitcoin:' Polychain's Olaf Carlson-Wee believes big investors will turn their attention to DeFi
"They start with bitcoin. It is the easiest to understand." In the most recent episode of The Scoop, Olaf Carlson-Wee said that recent headlines about institutional investors making waves in the bitcoin market aren't surprising to him. Since he launched Polychain Capital in 2016, he's become familiar with new market entrants who start by exploring bitcoin and then ultimately make their way to other ecosystems.  "It isn't surprising that these big institutional investors are first getting involved with bitcoin," he said. "This is effectively electronic gold. Everyone can reason about gold and the value of gold in an easy way." From Anthony Scaramucci to Paul Tudor Jones, the bull case for bitcoin as digital gold has been all but cemented as a Wall Street talking point. Yet his interest in bitcoin will find its way to DeFi, Carlson-Wee argues. "Once you have $100 million of bitcoin, you might start to think how I could get yield on this bitcoin for example," he said. "A lot of the time the answer there is through on-chain financial contracts." Carlson-Wee also believes that interest in DeFi products and services will buck the example of the 2017 ICO bubble and be more long-lasting. As he put it during the interview: "The summer of ICOs was a summer, the summer of DeFi was just the beginning of multi-years of compounding growth. The financial engineering in DeFi, I think, at this point is inarguably moving faster than the financial engineering anywhere else in the world. The capital coordination is faster than anywhere else in the world. A lot of these DeFi protocols are bigger than IPOs—regularly. Despite that go regularly unnoticed and are hard to interact with. The user experience barriers here are very high and despite that we see significant traction in terms of volumes." Still, Olaf-Carlson Wee said DeFi market participants need to work out the UI problems that make platforms difficult to use. In this episode of The Scoop, Olaf Carlson-Wee digs into: The differences between the ICO boom and the current market rally How DEXs went from being irrelevant to facilitating billions of dollars in volumes Where DeFi goes next What he thinks about the upcoming Coinbase IPO YFI's recent proposal to increase inflation  Polychain's lessons learned from the previous 2017 cycle
46 min
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The Crypto Conversation
Brave New Coin
The Identity Dilemma - Selfkey is empowering individuals to take back ownership of their identity data
Edmund Lowell is the CEO of KYC-chain and the Selfkey network - a blockchain startup developing digital identity solutions that empower individuals to take back ownership of their identity data. Guest: Edmund Lowell Why you should listen: Everyone’s data is concentrated in the hands of a few large institutions. They store information about your browsing history, shopping habits, location data, bank statements, medical history, and more. With the growing threat of data breaches, and the loss of privacy - our information is increasingly at risk. One of the reasons for this is because rather than the individual controlling their data, it is instead tech companies and government databases that store data. This is at risk of being hacked and leaked. For example, last year hardware wallet manufacturer Ledger was data hacked. The data consisted of a list of one million email addresses, as well as a list of 272,000 individual customers, containing emails, phone numbers, and physical addresses. Those customers have since been targeted with phishing attempts by scammers sending fraudulent emails claiming that their "cryptocurrency assets are at risk", prompting them to download a fake version of Ledger Live that would then ask for the user's seed phrase. Key takeaway: Current identity systems have failed to deliver the most basic requirements for a successful identity system: security, privacy, ownership, access, protection, interoperability, or linked data portability to identity owners. SelfKey’s mission is to empower individuals to own, control, and manage their personal data; and to help businesses protect personal data entrusted to them by users, and stay compliant with privacy regulators. SelfKey envisions a safer world where individuals are freer because their personal data and privacy is protected and under their control. Supporting links: Selfkey Leverj Andy on Twitter Brave New Coin on Twitter Brave New Coin If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.
37 min
Bully Esquire
Bully Esquire
Crypto Bully | BlockWorks Group
Out of the Ether: The Amazing Story of Ethereum and the $55 Million Heist that Almost Destroyed It All with Matthew Leising
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58 min
The Blockchain Debate Podcast
The Blockchain Debate Podcast
Richard Yan
Motion: Tether has always been acting in bad faith (Bennett Tomlin vs. Larry Cermak, co-host: Patrick McKenzie)
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1 hr 16 min
Zero Knowledge
Zero Knowledge
Fredrik Harrysson, Anna Rose
Episode 164: The road to Skynet & beyond with David Vorick
This week, Anna and guest co-host James Prestwich (https://twitter.com/_prestwich) chat with David Vorick (https://twitter.com/DavidVorick) from Skynet Labs (https://siasky.net/) about the scope and goals of the Skynet project. They discuss the journey from earlier work on Sia & distributed data to Skynet, SkyDB, and their idea for Recursive Content Monetization - a new model to pay online creators and content owners. They also chat about the SkyFeed (https://github.com/redsolver/skyfeed) project - a decentralised Twitter like project. In this part of the conversation, they explore how the decentralised community could potentially remove the harm done by the social chat algorithms, but also the potential impact - and danger - that fully decentralised systems can have. Here are some helpful links: * https://siasky.net/ * https://sia.tech/ * https://support.siasky.net/article/nz6p6876e3-skynet-resources * https://blog.sia.tech/skydb-a-mutable-database-for-the-decentralized-web-7170beeaa985 * https://blog.sia.tech/skynet-the-future-of-nebulous-c9922eb53456 * https://joinmastodon.org/ Thanks to this week’s sponsor Aave (https://aave.com/).  Aave Protocol (https://aave.com/) is an open source and non-custodial protocol where users can earn interest on deposits and borrow assets  Aave Protocol also features access to innovative DeFi building blocks like Flash Loans. They are now introducing a new feature is Credit Delegation, where users can delegate their credit to another person who can borrow against it  For anyone thinking of contributing to the ecosystem, check out the Grants Program - here is the link: https://docs.aave.com/portal/   Also vIsit aave.com (https://aave.com/) or join the Aave Discord #developers channel https://aave.com/discord to find out more! If you like what we do:  Follow us on Twitter - @zeroknowledgefm -https://twitter.com/zeroknowledgefm Join us on Telegram -https://t.me/joinchat/B81tQ57-ThZg8yOSx5gjA Catch us on Youtube -https://www.youtube.com/channel/UCYWsYz5cKw4wZ9Mpe4kuMg Read up on the r/ZKPodcast subreddit -https://www.reddit.com/r/zkpodcast  Give us feedback! -https://forms.gle/iKMSrVtcAn6BByH6A  Support our Gitcoin Grant -https://gitcoin.co/grants/329/zero-knowledge-podcast-2 Support us on the ZKPatreon -https://www.patreon.com/zeroknowledge Or directly here:  ETH: 0xC0FFEE1B5083230a5154F55f253B6b6ae8F29B1a BTC: 1cafekGa3podM4fBxPSQc6RCEXQNTK8Zz ZEC: t1R2bujRF3Hzte9ALHpMJvY8t5kb9ut9SpQ
55 min
The "What is Money?" Show
The "What is Money?" Show
Robert Breedlove
The Saylor Series | Episode 9 | Economics, Inflation, Interest Rates, and Natural Competition
Michael Saylor joins me to discuss anthropology, energy, and technology from first principles as we build the intellectual foundation necessary to truly grasp the historic significance of Bitcoin. 00:00:00​ - Episode Trailer 00:01:06​ - Swan Bitcoin 00:03:22​ - Robert’s Intro Economics 00:06:46​ Science of Infectious Disease, Sterilization, & Antibiotics 00:08:33​ Economics with Dirty Money Defective Money is Toxic 00:09:33​ Meditations on Toxicity as a threat to life 00:11:33​ Inflation Myths & Misconceptions 00:12:33​ Jedi Mind Tricks in Economics –“No Inflation Here” 00:13:33​ Early Retirement in your Consumer Basket 00:15:06​ Questioning Basic Premises of Economics 00:15:23​ “We can’t tell people what to think, but we can tell them what to think about” 00:15:33​ 30 year Bond calc – Mistake Inflation & Interest Rates 00:17:09​ Inflation Coefficients & Drivers 00:18:49​ Scarcity in Real Estate & Goods 00:19:59​ Agreement on bleeding George Washington to death 00:20:33​ Energy content in products, services, & assets 00:23:33​ Cherry Picking the Inflation Bucket for CPI 00:25:02​ Obscene Asset Inflation 00:26:33​ Scarce= High Energy Value 00:27:07​ Inflation is Theft, but most don’t realize this 00:28:26​ Inflation is Freezing to Death 00:31:00​ Real Yields vs. Asset Inflation Rates 00:31:52​ Storing Value in Equity & Debt 00:34:47​ Why do Stocks always go up? 00:37:27​ Big Tech vs. the entire Equity market 00:38:14​ Darwinian Competition 00:40:04​ Humility & Stoicism 00:41:54​ Challenges of Competing & Commercializing Acquisitions 00:43:52​ The Law of Decimation & Murphy’s Law 00:45:14​ Underestimating the cost of maintenance on assets 00:45:47​ Dangers of Youthful Ambition & Empire Building 00:47:33​ 10% tithe as a continuing theme 00:49:11​ Words don’t matter – Actions matter 00:49:31​ Paradox of Marcus Aurelius & Imperial Virtue 00:52:03​ Marcus Aurelius & the Crypto Keys to Empire 00:53:53​ There is always time to snatch defeat from the jaws of victory Natural Competition 00:54:50​ Darwinian Vitality & Antifragilty 00:55:29​ Terrifying Natural Beauty 00:56:11​ Everything is at its finest when tomorrow is uncertain. 00:56:23​ Ants at War on a Sunny Day 00:57:52​ Lions & Antelope on Television 00:59:18​ Dynamic Equilibrium & Ecosystem Health 01:00:53​ Paradox of the Engineer vs. Zookeeper 01:01:30​ Easter Island Ecosystem Collapse 01:02:10​ Free Market is Economic Expression of Darwinian Equilibrium 01:03:33​ - Robert's Outro 01:42:27​ - End -- See My Work: https://linktr.ee/breedlove22​ Contribute Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Stack sats: https://www.swanbitcoin.com/breedlove/​ Twitter: https://twitter.com/Breedlove22​
1 hr 43 min
The Anita Posch Show: A Bitcoin Podcast
The Anita Posch Show: A Bitcoin Podcast
Anita Posch
Fereshteh Forough: Bitcoin in Afghanistan
My guest is Fereshteh Forough, she is the founder of “Code to Inspire”, which is the first coding school for women in Afghanistan. We will be talking about her journey and her learning’s from being a refugee, the general situation in the Islamic Republic of Afghanistan, which is one of the least developed nations in the world and of course about Bitcoin in Afghanistan and how it is used to support the female students of “Code to Inspire”. Topics: Fereshteh’s learning’s as a refugee Situation of women in Afghanistan Gender gap in STEM How Bitcoin can support the lives of women Bitcoin in Afghanistan Code to Inspire’s approach to economic equality ----------- Card Wallet - the easy cold storage solution for your bitcoin. No software needed. Order now and get 20% off! https://www.cardwallet.com/anita ----------- Like it? My work is open and free to use. If you value my work and would like to send me a tip, they are always appreciated! Bitcoin: https://tallyco.in/AnitaPosch/ Lightning: https://tippin.me/@AnitaPosch Patreon: https://www.patreon.com/anitaposch Want more episodes? sorted by guest https://bitcoinundco.com/en/guests/ sorted by topic https://bitcoinundco.com/en/topics/ ---------- Follow and Subscribe: Anita's Weekly - the best stories in Bitcoin from my point of view: https://anita.link/subscribe Twitter: https://twitter.com/anitaposch YouTube: https://youtube.com/AnitaPosch ----------
38 min
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