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This episode is simple, it’s just my thoughts on the whole blockchain everything movement out there. I talk about what I think blockchains are good for and what they aren’t good for.
I talk about the Brexit and its fallout. Trade blocks are forming quickly and Europe will be cut out. This is just the beginning, and I talk about Italy, Greece, and Germany.
In this episode I discuss a topic that comes up quite often for me, a Gold Standard vs a Bitcoin Standard. I recorded the morning after the Brexit vote, and the best performing assets during the last 24 hours were bitcoin followed by gold. It’s a bit of a stretch at this point to talk about a bitcoin standard, but if people think a gold standard is likely, a bitcoin standard is better in almost every way, so maybe we should start talking about it.
This is an update on the DAO and Ethereum situation. It’s a continuation from my EP5, from several weeks ago where I correctly pointed out its game theoretical flaws. Coded democracy still escapes us.
Sorry guys, no Lisk today. Their whitepaper is MIA, undergoing revision. I asked for a copy, but no luck. I’ll get to that as soon as it’s available. Today, I rant about some headlines including, cryptolocker or ransomware, planting the flag for bitcoin with “bitcoin is the technology behind blockchain”, and finally Spain, the Brexit, and the EU.
This episode gets into conspiracy land about oil and lessons the bitcoin community can learn from that situation. But first I update a few running stories from previous episodes and hit some relevant news items.
In this episode, I give you a few updates on the developing DAO situation, discuss a great comment by the Renegade Investor on twitter, and then dissect Former Chief Asia-Pacific Economist at Morgan Stanley’s recent op-ed where he railed against the current dysfunction of the global financial system, as well as giving his warning for the future.
I breakdown everything I can about the DAO, from definitions to politics, including some interesting critiques that I hope can settle any confusion listeners have. I’m not an expert so please tell me where I got it wrong, or where I got it right.