Only thing that should be regulated in Crypto should be Cefi Exchanges since they got us into this mess and advertising since I dont recall any disclaimers during any of the Crypto super bowl ads and currently.. Just those 2 items and we should be good . Crypto has and is already regulated.
Not sure how he defines social media but it’s interesting that he said underrated. I like TH-cam (not sure if it’s considered social media) but all others have to be a net negative, right? Do people still think social media is fun? Haven’t used it in a while.
Crypto is not just underrated, its kinda hated by a lot of groups of people. Gamers hate it, check any gaming subreddit or group on social media. A lot normies just write it off as dumb "crypto bros" circle jerking. I guess this may benefit us as investors for now by extending buying oppourtunities but I worry that the negative sentiment may hurt adapotion.
Good episode but this guy is obviously a huge fan of the state and is clearly a statist .. to down play SBF and to insinuate he’s the victim ..or that the reaction to the banking system in 2008 was an overreaction?? ok so the banks and the system are working at the benefit of regular people thru regulation is laughable IMO ..it’s actually quite the opposite it’s legal plunder -just saying !!
Regarding the tax system, my dream is the following: the tax system is simplified, enough that it can be easily codified in a smart contract. Then I take my private financial data and generate a zero knowledge proof that proves conclusively that I've paid all my taxes. The thing is what counts as financial data for that prove needs to be trustworthy. I have ideas for how we could solve that, but that's the dream basically.
Every time a player plays the game, a fraction of LUNC is burned forever - no matter the outcome. This decreases the market supply of the LUNC token and in principle, is a small step towards price appreciation
Your explanation is realistic and straight to the point. On the other hand there are many ways of manipulating the market, I was able to grasp the knowledge of trading crypto assets early enough, but i was still limited due to my lack of technical understanding of how to analyze the digital market , all that changed when i encountered (Jerrad Burford ) strategy. more emphasis should be put into day trading as it Is less affected by the unpredictable nature of the market.
Jerrad Burford helped me to understand technical analysis, now I can examine the current chart and predict which way the market will go, he is definitely the best pro trader I know...
When Gamers start getting paid crypto when playing they will jump on board. Thirty players head to head playing fortnite guys all chip in $3. Top 3 come out with $20, $10, $5 other players get $2 crypto token, game keeps $10. Future is looking more and more cryptonomic
easy 2x speed interview breadth not depth of topics, maybe not worth it if already invloved in crypto?.... Solid base content, probably helpful for gestalt level breadth, at end I cannot think per se of any new fact I learned though. good common sense approach. cheers
The FTX exposure is exactly what we needed. It clears the air and rids us from bad actors
Man, what a great episode! Everybody - yes, *EVERYBODY* - should be watching Bankless. A wide spectrum of issues covered, and incredibly articulated.
Only thing that should be regulated in Crypto should be Cefi Exchanges since they got us into this mess and advertising since I dont recall any disclaimers during any of the Crypto super bowl ads and currently.. Just those 2 items and we should be good . Crypto has and is already regulated.
Not sure how he defines social media but it’s interesting that he said underrated. I like TH-cam (not sure if it’s considered social media) but all others have to be a net negative, right? Do people still think social media is fun? Haven’t used it in a while.
31:39 ❤
David: Is this conspiracy theory true?
Tyler: Yes but no
David: ... 😅
Thanks guys. Another interesting guest with some level-headed views. Keep it up Bankless!
What a great episode!!!
Crypto is not just underrated, its kinda hated by a lot of groups of people. Gamers hate it, check any gaming subreddit or group on social media. A lot normies just write it off as dumb "crypto bros" circle jerking. I guess this may benefit us as investors for now by extending buying oppourtunities but I worry that the negative sentiment may hurt adapotion.
I think about this a lot. I don’t know why the hate. It does extend our buying opportunity. No pity for the people who take 0 time to research
Nice analysis
Everyone should not miss out on GHNY, a real utility gem with great potentials
Never heard of Tyler before but what a great episode.
Man has a kick ass food blog if you live around DC. Awesome to see him here
Good episode but this guy is obviously a huge fan of the state and is clearly a statist .. to down play SBF and to insinuate he’s the victim ..or that the reaction to the banking system in 2008 was an overreaction?? ok so the banks and the system are working at the benefit of regular people thru regulation is laughable IMO ..it’s actually quite the opposite it’s legal plunder -just saying !!
Regarding the tax system, my dream is the following: the tax system is simplified, enough that it can be easily codified in a smart contract.
Then I take my private financial data and generate a zero knowledge proof that proves conclusively that I've paid all my taxes.
The thing is what counts as financial data for that prove needs to be trustworthy. I have ideas for how we could solve that, but that's the dream basically.
This man is brilliant
Every time a player plays the game, a fraction of LUNC is burned forever - no matter the outcome. This decreases the market supply of the LUNC token and in principle, is a small step towards price appreciation
Great episode! Tyler was a brilliant guest, high value content as always. Love this channel!
Y are crypto exchanges not based on the comodity technology they promote? Y can't the exchange pilot this tech in substitute for regulations
All time high November 2022...Noone corrected him lol
great guest. love his blog
Your explanation is realistic and straight to the point. On the other hand there are many ways of manipulating the market, I was able to grasp the knowledge of trading crypto assets early enough, but i was still limited due to my lack of technical understanding of how to analyze the digital market , all that changed when i encountered (Jerrad Burford ) strategy. more emphasis should be put into day trading as it Is less affected by the unpredictable nature of the market.
Jerrad Burford helped me to understand technical analysis, now I can examine the current chart and predict which way the market will go, he is definitely the best pro trader I know...
I appreciate every single second of the six month I worked with him. He is such amazing, patience and down to earth teacher.
You can message them on them Telegrm page ....
@Jerradcrypto.
Really good podcast!
Loved this guy’s interview. Great takes all around
The old man was right, crypto peaked in 2021.
When Gamers start getting paid crypto when playing they will jump on board. Thirty players head to head playing fortnite guys all chip in $3. Top 3 come out with $20, $10, $5 other players get $2 crypto token, game keeps $10. Future is looking more and more cryptonomic
easy 2x speed interview breadth not depth of topics, maybe not worth it if already invloved in crypto?.... Solid base content, probably helpful for gestalt level breadth, at end I cannot think per se of any new fact I learned though. good common sense approach. cheers
Is this Benjamin’s dad? 😂
"As representatives of the crypto industry" LOL! What a clown!
November 2022, feels like barely 3 months ago..
Wait this is an economist who actually knows what he's talking about ? Brilliant
Hes sad wealth inequality is down temporarily. 🤣🤣🤣🤡🤡🤡🤡🤡
He’s right 😂. Those CEO’s did lose billions of dollars.
Tyler reminds me of Charlie Munger