Hash Power Ep.3 - Funding, Forking, and a Creative Future [Invest Like the Best, Replay]
Today we are re-sharing our Hash Power documentary. This series was originally released in September 2017 when 1 Bitcoin hovered around $4000 US Dollars. While so much has changed in the years since - these episodes are a great introduction into the technology, the power of decentralization, Bitcoin, Ethereum, ICO's, cryptography, and hashing. You will hear from a variety of industry experts throughout these episodes - please enjoy.
For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.
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Original Intro (10.10.17)
In episodes one and two of Hash Power, we explored blockchain technology and cryptocurrency investing. In this episode, we discuss the current and potential future states of the crypto world. We cover new forms of cooperation, regulation, security and storage, and why blockchains allow systems to evolve at such a rapid pace.
Be sure to listen until the end, where we close with some advice about conducting ourselves in a new world where creativity reigns and repetitive jobs disappear—a trend that may only accelerate thanks to blockchain technology and cryptocurrencies.
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Show Notes:
[00:00:05] – Intro to episode 3 and what to expect
[00:04:00] – Olaf Carlson-Wee, founder of Polychain, on how the funding and investing in cryptocurrencies could easily get out of hand
[00:05:00] – How people are creating holding companies to fund cryptocurrencies protocols
[00:06:45] – Decentralized Autonomous Organization (DAO) and how they will replace the aforementioned holding companies
[00:08:32] – Could fully decentralized organizations replace other more traditional organizational structures, even outside of cryptocurrency
[00:09:59] – How can DAO’s impact everyday lives
[00:12:39] – Why your skills and accomplishments will become more important than who you are or where you are from
[00:16:09] – Naval Ravikant, CEO of Angellist, on the way humans cooperate and build new entities
[00:17:51] – When people will demand oversight and regulation over cryptocurrency
[00:20:42] – Peter Van Valkenburg, Director of Research at Coincenter on the current state of regulation
[00:26:06] – Jameson Lopp on security needed to protect your cryptocurrency
[00:27:51] – Ari Paul, co-founder of Blocktower, on how nail polish is used to protect their crypto wallet
[00:30:03] – Juan Benet explains the Filecoin Protocol
[00:35:52] – Muneeb Ali, co-founder of Blockstack, on how his team is planning to provide basic tools that will allow the broader developer community to build apps that the cryptocurrency population will use
[00:38:01] – Comparing blockstack to the analogy of creating a city
[00:40:17] – How the blockstack token fits into everything
[00:43:15] – Fred Ehrsam, co-founder of Coinbase, on forking in blockchains
[00:47:52] – Naval Ravikant on how the idea of work will change in the future, and how that change helped to produce the idea of a blockchain in the first place
[00:49:31] – Why curiosity should govern what you do in life
[00:53:22] – Naval’s framework for making money
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