The Future Of Crypto: Why Decentralization Will Win



Published
The crypto industry is reeling from contagion and collapses. Decentralization is the way to go. Join me and my crypto A team guests: Caitlin Long, Simon Dixon, Dave Weisberger and Jeff Booth as we discuss the ongoing crypto catastrophe, what has led to it and what to do to avoid such collapses in the future.

Caitlin Long https://twitter.com/CaitlinLong_
Simon Dixon https://twitter.com/SimonDixonTwitt
Dave Weisberger https://twitter.com/daveweisberger1
Jeff Booth https://twitter.com/JeffBooth

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#Bitcoin #Crypto #Decentralization
0:00 Intro
2:20 Caitlin Long: Bitcoin does not have yield, Wall Street bad influence to crypto
4:13 Simon Dixon: I have millions in Celsius
8:00 Simon Dixon: I have to protect the depositors
9:00 Is CeFi dead?
9:40 Jeff Booth: Bitcoin has no counterparty risk
13:30 Jeff Booth: fear and greed drive the market
14:20 Dave Weisberger: accredited investor rule is discriminatory
17:50 Dave Weisberger: cartels control the financial system
20:40 Caitlin Long: the financialization of crypto led to its collapse
22:10 Caitlin Long: Bitcoin is designed to give power to people
22:45 Dave Weisberger: Bitcoin is not to be blamed, it’s greed
25:20 Simon Dixon: people put too much money in CeFi
26:50 Jeff Booth: money is information
30:50 Jeff Booth: hard money gold system is unlikely
31:57 Jeff Booth: I am investing in startups that will bring 1 billion people to crypto
33:00 Caitlin Long: free bankers vs Ralph Bard (fractional reserve banking)
34:30 Caitlin Long: you can get velocity of money without leverage
36:10 Simon Dixon: fractional reserve vs p2p lending
38:00 Jeff Booth: technology is deflationary
40:00 Dave Weisberger: borrowing is not evil, leveraging is
42:00 Jeff Booth: energy and food crisis will be much bigger than the crypto collapse
43:35 Dave Weisberger: people don’t want to know where yield comes from
44:25 Caitlin Long: fiat thinking and implied bankruptcy
45:29 Caitlin Long: not against leverage, but against circulation credit
46:37 Simon Dixon: the greed quiz
48:30 Dave Weisberger: socializing losses is a horrible idea
49:00 Jeff Booth: inflation, capitalism and communism
51:30 Dave Weisberger:
52:15 Jeff Booth: I want to spend all my time building tech that will change the existing system
53:48 Jeff Booth: the ability to build on top of Bitcoin is just starting
54:45 Caitlin Long: fiat is still needed
55:40 Caitlin Long: bailing out
56:47 Simon Dixon: Bitfinex bailout was a success
1:00:15 Dave Weisberger: we are not learning from the previous crisis
1:03:45 Simon Dixon & Caitlin Long: building a digital bank and rehypothecation problem
1:07:12 Jeff Booth: network effects of Bitcoin
1:09:09 Should CeFi be bailed out?
1:10:08 Wrap up

The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.

The Future Of Crypto: Why Decentralization Will Win
Category
Cryptocurrencies
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