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16 results for “crypto risk”
Topic8 mentions across episodes
crypto
Product4 mentions across episodes
crypto
It's mostly talking about, hey. Because the system for transmitting money is relatively insecure and requires central authorities to verify everything, you know, either the Federal Reserve Bank or banks in general or whatever it is, we basically have
31:31 / 32:34
from transcript31:31 – 32:34
...cryptocurrency or central bank digital currencies or anything else unless you have a way to generate electricity, you have a way to plug in your computer, you have semiconductors, you have chips.
39:42 / 40:49
from transcript39:42 – 40:49
...are some risks there, but the system is incredibly antifragile and so would bounce back from some type of attack that was moderately successful. There are ways that that this can bounce back from some type of awful attack. And then I'd say the other
38:06 / 39:18
from transcript38:06 – 39:18
So here's how the white paper starts. Commerce on the Internet has come to rely almost exclusively on financial institutions serving as trusted third parties to process electronic payments. While the system works well enough for most transactions, it
32:15 / 33:18
from transcript32:15 – 33:18
How do you think about central bank digital currencies? We've seen a lot in Europe, but now you have your digital passport post COVID. Now we see Rishi Sunak talking about a central bank digital currency. How do you think about these? I believe that
32:06 / 33:35
from transcript32:06 – 33:35
And that means that we have to get back to old issues and think hard about how do we re establish the moneyness of monies in this new environment when we have to think about this. And at the same time, it's absolutely obvious that nowadays that money
9:36 / 10:50
from transcript9:36 – 10:50
...of risk. Here, you can hold a stablecoin. It's directly in your custody, and you have access to it $24.07, $3.65, no matter where you are in the world. You can send it in a way that's disintermediated so you're not going through traditional payment r
15:47 / 16:47
from transcript15:47 – 16:47
And due to smart contracts and stablecoins, etcetera, It's very plausible that you could somewhere in the world, maybe in an offshore or a lightly regulated country, create some token that tracks some regulated instrument, and it trades like a regula
50:58 / 52:03
from transcript50:58 – 52:03
...a crypto wallet, or is it still too early for for that for it to be that case? No. We are all impacted by it, I would say, because the world's changing and, you know, the government is, in competition with other governments, whether or not it likes t
25:29 / 26:32
from transcript25:29 – 26:32
...that as crypto grows, it will become less volatile because, you know, all of these systems will be more mature and sophisticated, and there will be, better traders that are, you know, working on keeping the price, at the at the correct levels in in a
21:44 / 22:55
from transcript21:44 – 22:55
...cryptocurrency. I would almost describe Bitcoin and cryptocurrency, what they are as innovations
17:50 / 19:02
from transcript17:50 – 19:02
If you were a multinational in Moscow, you know, you wanted to hold dollars outside of the banking system, you'd put those dollars with the bank in London. It's dollar deposits held outside of The US. Part of that is you don't want to be subject to b
17:58 / 19:06
from transcript17:58 – 19:06
from something real, it can actually lead to debasement, yes, and ultimately the collapse of empires. And it it when he when they told the story over history I think that's all true, and it's It's in very real it's a marvelous point that has nothing
37:26 / 38:31
from transcript37:26 – 38:31
...risk is that there's some kind of flaw in the code or major attack of some sort that takes the whole thing down. This has gotta be the most hacked or this piece of software, this protocol, has gotta have withstood more attacks than probably anything
37:22 / 38:35
from transcript37:22 – 38:35
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