Zeke basically destroyed Carly's best arguments with his limited knowledge of technology and crypto. It reveals how when you stop drinking the kool aid, the crypto world suddenly seems barren today. But the episode was a lot of fun to watch.
They all say that BlockChain is the future, like if we don't use it already where is needed. If the countries wanted, they could create an integrated system, but they don't want to. I don't want to be part of a "public" integrated system with the whole planet. I work with a bank, we already use Paxos or Raft, which are the definition of blockchain. Is it me, or when people say blockchain, nobody knows really what they are talking about??
@@jacobitosuperstar the banks already use an integrated system via the JPM repo market and euro dollar systems, yet they can only achieve T+2 settlement and beneficial ownership to pools of assets kept at the central depositories AND they fail to deliver large chunks of transactions within that time frame. People just don’t realize it because they never request proof of delivery until something collapses.
@@jacobitosuperstar There are already few blockchains with the capability to onboard stuff like CBDCs and remittances, and guess what... crypto bros passionately hate them, and consider them being controlled by the WEF elites. Crypto bros need the story of a genius founder wunderkind who never wrote a line of code, and groundbreaking technology - usually the founder turns out to be a scammer, and the technology just copy of a copy of a copy of the flawed BTC model.
I'm a crypto skeptic, watching this interview! Loved the host's coverage of SBF's trial. But so far I'm unconvinced by her defense of the possible value of NFTs. So pointless.
I'm also a crypto skeptic, but I think NFTs has potential value as arts, if there are enough people who appreciate them. The problem with current NFTs is the pictures they used were so ugly, it's like a mockery. Like, the creators were laughing at the buyers' foolishness because they paid so much money for ugly pictures. On the other hand, I don't believe in crypto currencies. I think Bitcoin is a socio-economic experiment, while other crypto currencies are either scams or crime facilitators (like Tether). The host mentioned that block chain technology has a potential to simplify financial transaction process. Maybe she's right. But I don't think using block chain as currency is the right application of the technology. I could see it as replacement of contracts in paper. But as a currency, so far it has a fundamental weakness: no sovereign government is backing on it. If I have a USD or any other currencies issued by a sovereign country, I could sell the currency to the issuer (the central bank of said country), regardless the exchange rate. They couldn't refuse. This is not applicable to crypto currencies.
I was about to type word for word the same comment. This woman is really smart and she knows what she’s talking about. Her best argument for crypto and NFTs is “but philosophy and technology. And digital scarcity, and listen to a concert together on the same server”. It’s vacuous, there’s no there there. She says herself that it rewards vague statements and punishes specifics. But she does the same, she’s committed to the vague stuff and can’t defend any of the specific. Anyway, I was open minded to be convinced by smart arguments, but I’m coming up empty.
Carly did a great job covering the SBF trial. She’s clearly very intelligent which reinforces my surprise that so many people who probably can do well on standardized tests fall for the blather and nonsense, and erroneously see value where none exists.
I know she was tongue in cheek but saying he keeps bad friends, but in all seriousness he went to the biggest events and spoke with all the main players so who was he supposed to be seeking out? The creator of the technology who was always and is still anonymous?
Well the creator of ethereum is Vitalik Buterin and he’s not anonymous. But in general Zeke spoke to the most ridiculous people, not the smartest people. He didn’t speak to any real artists who are doing amazing digital work. He didn’t talk to people like DC Investor, or Punk6529, or GMoney or the Yuga Labs CEO who was most recently the CEO of Activision Blizzard, etc etc. You can disagree with these people but they’re undeniably intelligent and thoughtful and for obvious and understandable reasons, Zeke spoke to the crazy characters who are, in many cases, idiots.
Zeke.has this way of being funny thats rather unique to him. I am a crypto agnostic leaning towards skeptic due to its track record, she talks fast and sounds smart but doesnt reall say much. Either way was a good interview that was fun to listen to!
the best explanation of crypto (of NFT) is done by SBF (of all people)... if you create a box, out of thin air, and if suddenly some smart people said its worth 10 million dollars, and then some other people said its worth now 100 million dollars, who are you to question that, and so now you have a 100 million dollars box
Yeah. There’s nothing interesting about blockchain. AND she’s wrong about NFTs. The NFT doesn’t store the art. All it does is point to the image. That’s not the same as ownership. The core of ownership is exclusivity. You cannot have exclusive ownership of a digital image, and also have it publicly displayed for everyone to copy.
I’m a conservative person as it relates to money and until digital monetary is regulated it seem like to silly way to risk assets Investing on the basis that you will make money as long as someone is silly enough to pay more that you did is the new version of “musical chairs” with so so much downside
Carly's defensiveness in this interview gets really tiring, and I've yet to hear any examples of what she claims is so profound about this technology. Zeke's other recent interviews are a lot less combative. Enjoyed the recent trial coverage though.
EDIT: LOL. Carly is as funny as a dad joke. She likes moving the goal post. Time stamp: 15:08 Carly: You mentioned 2017, that's like 6 years ago..... Time stamp: 16:36 Carly: Forget the time. (She brought the time factor saying stuff started 2017 and the Internet started in the 1960s)
You can’t say “but it’s much deeper than this, you have to acknowledge that” and keep punting the “deeper” stuff for later and never get to it. If all there is are the words “decentralisation”, “digital ownership”, “psychological feelings” and vague references to “philosophy”, and that in fact all boils down to “digital scarcity”, then there is literally nothing. These are just words. Plus, and this is the killer: scarcity is bad! We want to get rid of scarcity, which is a core promise of digital. We don’t want to create more scarcity! Scarcity means hoarding and inequality. What’s there to like?
I am not someone who punts on deeper. I did a podcast for 2 years about NFTs. I think art on the blockchain is an amazing innovation for digital artists and I’m friends with some AMAZING ones, like Amber Vittoria and Sara Baumann. Then there are people like Tyler Hobbs who are leading the charge on on-chain generative art which I believe we are at the very beginning of. I mean truly there are SO many amazing digital artists in this industry who are doing very well by any measure, and should be. This is a NO brainer. Collectibles, same deal. No brainer for the blockchain as they are built on scarcity in the real world - that’s what makes them fun for people. Replicating that in a digitally native way is very cool. From there I think digital native goods could enable a really interesting blending of virtual and physical worlds. Tom Bilyeu is probably most eloquent about this and i recommend the three interviews I’ve done with him. Finally, I don’t think scarcity is all bad. I would love infinitely abundant food, air, water, land, healthcare. But scarcity creates culture. Infinitely amazing TV shows would mean we don’t appreciate when a truly special show comes around. Infinite Supreme hats would mean no one wants them. Scarcity is an ESSENTIAL part of culture and the squishier aspects of the human experience. “Psychological feelings” don’t matter if you’re on the first rung of maslows hierarchy of needs but if you’re lucky enough to get a few rungs up, the entire consumer economy is running on “psychological feelings.” It’s why anyone buys anything they don’t actually need for survival (Also sorry I thought you were actually replying to a DIFFERENT video of mine with this comment LOL. Replying on this one makes more sense. But I standby the above!! Lol!)
@@TheCPRshow hey there. Nice of you to reply, my comment was not all that friendly. I can dig digital art. I loved Hockney’s early forays into it. I just don’t get why the blockchain is an enabler of it. You can make digital art that has nothing to do with blockchain. What does blockchain add to digital art? I have no idea what collectibles are in relation to blockchain, so won’t comment there. But it’s, er, a pretty niche utility for the revolution to happen in… As for scarcity, I’d content that what constitutes human culture around scarcity, as you call it, is humans’ endeavour and struggle to overcome it *because it’s bad*. Yes it’s a given of the human condition, and what makes life interesting is our struggle against this fundamental challenge. It’s a scourge, and we are great because we overcome it. But why the fuck get enthusiastic about stuff that creates more scarcity? It’s morbid and precisely trivialises the greatness of our never ending endeavour to overcome it. Thanks for replying with a thoughtful comment, your coverage of the sbf trial was very well done, informative and entertaining, and I’ll check out the videos you recommend above. Keep it up.
This is a very good interview. Both parties clearly have not only different opinions, but the opposite one of another, but both are very respectful. I sincerely hope NFT could provide better income for artists, but I do share Zeke's pesimistic view on this. The issue is not on the NFT, but on the nature of digital arts. Digital arts are very easy to be duplicated or pirated (ebook, movies, music, photographs, etc.). That's why nowadays musicians go touring, and movie makers sell their works to streaming services. It is worse for digital pictures and photographs because they are the easiest ones to be duplicated. I think the high price of digital art NFT is only a trend, and a trend will subdue. But it is good for artists to ride the trend while it is hot.
There are key differences between a digital rendering of the Mona Lisa and the canvas and dried paint that was actually touched and worked by Leonardo Davinci.
I like respectful discussions like this a lot better than most crypto conversations which tend to be between 2 skeptics or 2 crypto enthusiasts. I've gone back and forth on what I think of crypto and even though I think it is mostly crap I still think there might be something cool there in a few hidden corners.
Love this. I've only recently discovered your channel with the SBF trial, but you've won me over and I'm eager for your next video to drop. Your interview style is brilliant, so down to earth, great banter, and so on point with the core values of crypto, ignoring the BS. I guess I'll watch the the previous 203 videos while I wait for the next one.
Reductive, really! Ha very funny. How many bankruptcies do you need to convince people? Just enough to eliminate their $. Binance is next. Put your $ in.
As someone who is also kind of obsessed with the weirdness of the 2021-2022 crypto/NFT boom, I thought you did a really good job sticking to some of the key points that people miss when they view the entire crypto universe only through the lens of fraud and silliness. Personally I am really, really skeptical of how useful blockchain tech actually is when you strip away all the hype. Having said that, I do think that a lot of people have gotten a more narrow view of it than is really accurate. I appreciated your take on things!
@@alfalfa2155 Even if he did it doesn't matter in this context. In a conversation between two random people both should be polite and let each other speak. This is not a regular conversation. It is an interview between a channel host and a guest of said host. You will never be a good interviewer unless you let the person you are interviewing talk with minimal interuption.
Love the interview Carly. Especially since (as you point out) both you and Zeke come from completely different views on crypto/blockchain in general. I bought his book last week and am most of the way through it. Definitely an entertaining read, but also certainly not an unbiased/objective view of the technology or its more compelling use cases. Still, I absolutely love hearing his take as it is not too far from what I imagine many inexperienced and/or uneducated opinions are. His is obviously an educated opinion, just very biased and a bit closed-off to the idea that there can be meaningful advances in user friendliness, security, and regulation, all of which are needed in some form to usher in more mainstream adoption. Keep up the good work!
The main issue with crypto is that it is not backed by any sovereign government. Centralized currencies have a lot of problems, but I know I could sell them back to the issuers (the central bank of the issuing country) regardless the exchange rates. The issuers cannot refuse to buyback their own currencies. This kind of gurantee is not found in crypto currencies so far. And it makes me wonder, why there's no government is willing to issue crypto currencies. I mean, El Savador government do allow crypto to be used in local transactions, but they are not backing it. They do not guarantee to buy the crypto whenever you want to sell it to them. I suspect either the cost of running a secure crypto is still greater than the benefits, or the security is weaker than it seems. That's why no government willing to adopt it yet, and as a result it is not going mainstream.
@jimbo573 In my opinion, after having read his book in its entirety as well as listening to his full interview with Carly, my belief is that his take on crypto/blockchain is biased. My concern is not whether anyone enjoys, supports, or promotes any single project, community, or use case that I might align with, but rather having a closed-minded view and attitude on the subject matter.
@@dollars_and_sense1459 I disagree. Zeke provided at least a strong reason for his opinion: Crypto currencies have been existing for +/-15 years. Within the same period, other internet-based products/services like Uber, Amazon, and Whatsapp have become mainstream. Crypto hasn't. It proves that people do not have sufficient interest to use crypto as currency (not as investment product). Now, unless you can dispute the above reason, what is your reason to say that Zeke and the book is biased? Because if you couldn't mention which part of Zeke's book or speech that show him as biased, I'd say you are the biased one here.
24:24 I’d love to put an agenda together for a conversation with Zeke surrounding the fundamental technologies web3 is built on. Someone like him could genuinely help so many people understand why the underlying design of blockchain is a powerful tool. His writing could take some of these niche futurist ideas and make them accessible for the average person. He just needs to have a conversation about how the systems work at a foundational level and why it’s powerful.
@justwatching1980 - I'd honestly say there are a number of "killer app" use-cases for crypto that are being used around the world right now: -Stablecoins are really the current killer app of crypto imo. Stablecoins (AKA crypto-dollars if you ask Nic Carter) give people all around the world instant access to $USD that can be used in a robust financial ecosystem. Many people in certain jurisdictions cant get reliable access to $USD, but stablecoins can use decentralized & permissionless infrastructure to give lower income or financially underserved people instant access to dollars. -Stablecoins also open up saving money in dollars to protect against local currency inflation/capital controls on USD. There are multiple centralized options & options that are permissionless with a lot of censorship resistance. -Stablecoins also allow instant payments for people supporting family overseas to send money across the world with confirmation in seconds-minutes instead of hours-days. -Private/Public key pairs (PPKPs). This one is definitely more medium/long-term for getting viral adoption, but crypto has put PPKPs in the hands of so many people & taught them how to use them. As artificial intelligence weaves itself more & more into everyday internet consumption, it will be crucial to have a cryptographically provable way to “sign” off that something is actually made by or posted by you. A long response, I know, but there are a number of ways blockchain is already changing people’s lives around the world, and that’s what a lot of people just don’t see or know about. It will certainly continue expanding to a much broader audience & develop other amazing use-cases. It just takes consistent effort to educate and build. We just need to stop thinking in a 1-6 month timeframe & start thinking in a 5-50 year timeframe.
He went to the biggest gatherings of the most plugged in and influential people in this industry and talked to dozens of them and didn't what? Understand how valuable a technology it is ?
Zeke basically destroyed Carly's best arguments with his limited knowledge of technology and crypto. It reveals how when you stop drinking the kool aid, the crypto world suddenly seems barren today. But the episode was a lot of fun to watch.
They all say that BlockChain is the future, like if we don't use it already where is needed. If the countries wanted, they could create an integrated system, but they don't want to. I don't want to be part of a "public" integrated system with the whole planet.
I work with a bank, we already use Paxos or Raft, which are the definition of blockchain. Is it me, or when people say blockchain, nobody knows really what they are talking about??
@@jacobitosuperstar the banks already use an integrated system via the JPM repo market and euro dollar systems, yet they can only achieve T+2 settlement and beneficial ownership to pools of assets kept at the central depositories AND they fail to deliver large chunks of transactions within that time frame.
People just don’t realize it because they never request proof of delivery until something collapses.
@@jacobitosuperstarWhat an amazing reply, I hope many people read it!
@@jacobitosuperstar There are already few blockchains with the capability to onboard stuff like CBDCs and remittances, and guess what... crypto bros passionately hate them, and consider them being controlled by the WEF elites.
Crypto bros need the story of a genius founder wunderkind who never wrote a line of code, and groundbreaking technology - usually the founder turns out to be a scammer, and the technology just copy of a copy of a copy of the flawed BTC model.
I'm a crypto skeptic, watching this interview! Loved the host's coverage of SBF's trial. But so far I'm unconvinced by her defense of the possible value of NFTs. So pointless.
I'm also a crypto skeptic, but I think NFTs has potential value as arts, if there are enough people who appreciate them. The problem with current NFTs is the pictures they used were so ugly, it's like a mockery. Like, the creators were laughing at the buyers' foolishness because they paid so much money for ugly pictures.
On the other hand, I don't believe in crypto currencies. I think Bitcoin is a socio-economic experiment, while other crypto currencies are either scams or crime facilitators (like Tether).
The host mentioned that block chain technology has a potential to simplify financial transaction process. Maybe she's right. But I don't think using block chain as currency is the right application of the technology. I could see it as replacement of contracts in paper. But as a currency, so far it has a fundamental weakness: no sovereign government is backing on it. If I have a USD or any other currencies issued by a sovereign country, I could sell the currency to the issuer (the central bank of said country), regardless the exchange rate. They couldn't refuse. This is not applicable to crypto currencies.
I was about to type word for word the same comment.
This woman is really smart and she knows what she’s talking about.
Her best argument for crypto and NFTs is “but philosophy and technology. And digital scarcity, and listen to a concert together on the same server”.
It’s vacuous, there’s no there there. She says herself that it rewards vague statements and punishes specifics. But she does the same, she’s committed to the vague stuff and can’t defend any of the specific.
Anyway, I was open minded to be convinced by smart arguments, but I’m coming up empty.
Carly did a great job covering the SBF trial. She’s clearly very intelligent which reinforces my surprise that so many people who probably can do well on standardized tests fall for the blather and nonsense, and erroneously see value where none exists.
My thoughts exactly
@orlandofriend , does one needs a bank account to cash in and out of crypto?
@orlandofriend , so it doesn't really banked the unbanked as you claimed. Good to know.
I know she was tongue in cheek but saying he keeps bad friends, but in all seriousness he went to the biggest events and spoke with all the main players so who was he supposed to be seeking out? The creator of the technology who was always and is still anonymous?
Well the creator of ethereum is Vitalik Buterin and he’s not anonymous. But in general Zeke spoke to the most ridiculous people, not the smartest people. He didn’t speak to any real artists who are doing amazing digital work. He didn’t talk to people like DC Investor, or Punk6529, or GMoney or the Yuga Labs CEO who was most recently the CEO of Activision Blizzard, etc etc. You can disagree with these people but they’re undeniably intelligent and thoughtful and for obvious and understandable reasons, Zeke spoke to the crazy characters who are, in many cases, idiots.
Zeke.has this way of being funny thats rather unique to him. I am a crypto agnostic leaning towards skeptic due to its track record, she talks fast and sounds smart but doesnt reall say much. Either way was a good interview that was fun to listen to!
the best explanation of crypto (of NFT) is done by SBF (of all people)...
if you create a box, out of thin air, and if suddenly some smart people said its worth 10 million dollars,
and then some other people said its worth now 100 million dollars, who are you to question that, and so
now you have a 100 million dollars box
Zeke’s book is great. 💯
Agreed!!
Yeah. There’s nothing interesting about blockchain. AND she’s wrong about NFTs. The NFT doesn’t store the art. All it does is point to the image. That’s not the same as ownership. The core of ownership is exclusivity. You cannot have exclusive ownership of a digital image, and also have it publicly displayed for everyone to copy.
I’m a conservative person as it relates to money and until digital monetary is regulated it seem like to silly way to risk assets
Investing on the basis that you will make money as long as someone is silly enough to pay more that you did is the new version of “musical chairs”
with so so much downside
This was great. Definitely checking out the book based on this conversation
Ur wasting good money after a guy who is deeply jealous of crypto
I’m glad to hear it!
How dare Zeke use example after example of crypto scam and call it a scam environment that attracts scammers, the nerve of some people!
Like omg!
@@giomusah2155lol hanging on at the end of 2023 is a pretty sad place to be.
Busy stacking sats...When BITCOIN his 10 million dollars, I'll reply to your sad state of JEALOUSY. @@EddieDubs
Carly's defensiveness in this interview gets really tiring, and I've yet to hear any examples of what she claims is so profound about this technology. Zeke's other recent interviews are a lot less combative.
Enjoyed the recent trial coverage though.
EDIT: LOL. Carly is as funny as a dad joke. She likes moving the goal post.
Time stamp: 15:08
Carly: You mentioned 2017, that's like 6 years ago.....
Time stamp: 16:36
Carly: Forget the time.
(She brought the time factor saying stuff started 2017 and the Internet started in the 1960s)
A correction: Loot was a free mint and 0 loyalty since day 1. Still 0 loyalty now.
You can’t say “but it’s much deeper than this, you have to acknowledge that” and keep punting the “deeper” stuff for later and never get to it.
If all there is are the words “decentralisation”, “digital ownership”, “psychological feelings” and vague references to “philosophy”, and that in fact all boils down to “digital scarcity”, then there is literally nothing. These are just words.
Plus, and this is the killer: scarcity is bad!
We want to get rid of scarcity, which is a core promise of digital. We don’t want to create more scarcity!
Scarcity means hoarding and inequality. What’s there to like?
I am not someone who punts on deeper. I did a podcast for 2 years about NFTs. I think art on the blockchain is an amazing innovation for digital artists and I’m friends with some AMAZING ones, like Amber Vittoria and Sara Baumann. Then there are people like Tyler Hobbs who are leading the charge on on-chain generative art which I believe we are at the very beginning of. I mean truly there are SO many amazing digital artists in this industry who are doing very well by any measure, and should be. This is a NO brainer.
Collectibles, same deal. No brainer for the blockchain as they are built on scarcity in the real world - that’s what makes them fun for people. Replicating that in a digitally native way is very cool.
From there I think digital native goods could enable a really interesting blending of virtual and physical worlds. Tom Bilyeu is probably most eloquent about this and i recommend the three interviews I’ve done with him.
Finally, I don’t think scarcity is all bad. I would love infinitely abundant food, air, water, land, healthcare. But scarcity creates culture. Infinitely amazing TV shows would mean we don’t appreciate when a truly special show comes around. Infinite Supreme hats would mean no one wants them. Scarcity is an ESSENTIAL part of culture and the squishier aspects of the human experience. “Psychological feelings” don’t matter if you’re on the first rung of maslows hierarchy of needs but if you’re lucky enough to get a few rungs up, the entire consumer economy is running on “psychological feelings.” It’s why anyone buys anything they don’t actually need for survival
(Also sorry I thought you were actually replying to a DIFFERENT video of mine with this comment LOL. Replying on this one makes more sense. But I standby the above!! Lol!)
@@TheCPRshow hey there. Nice of you to reply, my comment was not all that friendly.
I can dig digital art. I loved Hockney’s early forays into it. I just don’t get why the blockchain is an enabler of it. You can make digital art that has nothing to do with blockchain.
What does blockchain add to digital art?
I have no idea what collectibles are in relation to blockchain, so won’t comment there. But it’s, er, a pretty niche utility for the revolution to happen in…
As for scarcity, I’d content that what constitutes human culture around scarcity, as you call it, is humans’ endeavour and struggle to overcome it *because it’s bad*. Yes it’s a given of the human condition, and what makes life interesting is our struggle against this fundamental challenge. It’s a scourge, and we are great because we overcome it.
But why the fuck get enthusiastic about stuff that creates more scarcity? It’s morbid and precisely trivialises the greatness of our never ending endeavour to overcome it.
Thanks for replying with a thoughtful comment, your coverage of the sbf trial was very well done, informative and entertaining, and I’ll check out the videos you recommend above.
Keep it up.
This is a very good interview. Both parties clearly have not only different opinions, but the opposite one of another, but both are very respectful.
I sincerely hope NFT could provide better income for artists, but I do share Zeke's pesimistic view on this. The issue is not on the NFT, but on the nature of digital arts. Digital arts are very easy to be duplicated or pirated (ebook, movies, music, photographs, etc.). That's why nowadays musicians go touring, and movie makers sell their works to streaming services. It is worse for digital pictures and photographs because they are the easiest ones to be duplicated. I think the high price of digital art NFT is only a trend, and a trend will subdue. But it is good for artists to ride the trend while it is hot.
There are key differences between a digital rendering of the Mona Lisa and the canvas and dried paint that was actually touched and worked by Leonardo Davinci.
I like respectful discussions like this a lot better than most crypto conversations which tend to be between 2 skeptics or 2 crypto enthusiasts. I've gone back and forth on what I think of crypto and even though I think it is mostly crap I still think there might be something cool there in a few hidden corners.
100% agree with ya Sir .. Fantastic book 👏👏👏💪👊✌️.. Appreciate the interview 😉
Love this. I've only recently discovered your channel with the SBF trial, but you've won me over and I'm eager for your next video to drop.
Your interview style is brilliant, so down to earth, great banter, and so on point with the core values of crypto, ignoring the BS.
I guess I'll watch the the previous 203 videos while I wait for the next one.
Reductive, really! Ha very funny. How many bankruptcies do you need to convince people? Just enough to eliminate their $. Binance is next. Put your $ in.
Think this is your best interview yet, Carly
Thank you so much!! Really glad you enjoyed it
As someone who is also kind of obsessed with the weirdness of the 2021-2022 crypto/NFT boom, I thought you did a really good job sticking to some of the key points that people miss when they view the entire crypto universe only through the lens of fraud and silliness. Personally I am really, really skeptical of how useful blockchain tech actually is when you strip away all the hype. Having said that, I do think that a lot of people have gotten a more narrow view of it than is really accurate. I appreciated your take on things!
a tip for being a better interviewer - dont steal the interviewees lines, and dont talk over him when he is answering your question
Really, because I heard him interrupt and talk over her multiple times
@@alfalfa2155 Even if he did it doesn't matter in this context. In a conversation between two random people both should be polite and let each other speak. This is not a regular conversation. It is an interview between a channel host and a guest of said host. You will never be a good interviewer unless you let the person you are interviewing talk with minimal interuption.
They were Pogs, built special purpose for handing gas fees to the rich. You collected Pogs.
Truly, there’s nothing interesting about NFTs. But props for interviewing someone you disagree with 👍
Love the interview Carly. Especially since (as you point out) both you and Zeke come from completely different views on crypto/blockchain in general. I bought his book last week and am most of the way through it. Definitely an entertaining read, but also certainly not an unbiased/objective view of the technology or its more compelling use cases. Still, I absolutely love hearing his take as it is not too far from what I imagine many inexperienced and/or uneducated opinions are. His is obviously an educated opinion, just very biased and a bit closed-off to the idea that there can be meaningful advances in user friendliness, security, and regulation, all of which are needed in some form to usher in more mainstream adoption. Keep up the good work!
Thanks for such a lovely and detailed comment!! Glad you’re enjoying his book (but yes definitely not unbiased :))
The main issue with crypto is that it is not backed by any sovereign government. Centralized currencies have a lot of problems, but I know I could sell them back to the issuers (the central bank of the issuing country) regardless the exchange rates. The issuers cannot refuse to buyback their own currencies. This kind of gurantee is not found in crypto currencies so far. And it makes me wonder, why there's no government is willing to issue crypto currencies. I mean, El Savador government do allow crypto to be used in local transactions, but they are not backing it. They do not guarantee to buy the crypto whenever you want to sell it to them. I suspect either the cost of running a secure crypto is still greater than the benefits, or the security is weaker than it seems. That's why no government willing to adopt it yet, and as a result it is not going mainstream.
Biased means he doesn't pump your bags.
@jimbo573 In my opinion, after having read his book in its entirety as well as listening to his full interview with Carly, my belief is that his take on crypto/blockchain is biased. My concern is not whether anyone enjoys, supports, or promotes any single project, community, or use case that I might align with, but rather having a closed-minded view and attitude on the subject matter.
@@dollars_and_sense1459 I disagree. Zeke provided at least a strong reason for his opinion:
Crypto currencies have been existing for +/-15 years. Within the same period, other internet-based products/services like Uber, Amazon, and Whatsapp have become mainstream. Crypto hasn't. It proves that people do not have sufficient interest to use crypto as currency (not as investment product).
Now, unless you can dispute the above reason, what is your reason to say that Zeke and the book is biased? Because if you couldn't mention which part of Zeke's book or speech that show him as biased, I'd say you are the biased one here.
GREAT VIDEO
great convo!
Isn't the majority of Bitcoin owned by 7000 wallets? So much for decentralization
she is so proud promoting all those scams to people
Loved this..
I’m so glad!!
Yeah um. Learn more about the Dutch Tulip mania case, and you'll see why many won't fall for this Crypto crap.
I'm cashing out my junk bonds so I can buy crypto!
This guy has a fun job
Crypto is a scam. It has no utility whatsoever
lol this is refreshing to hear
zeke will never go mainstream if he keeps dragging the 🔔
Can you construct s sentence without so many " like "?. It indicates a poor command of the language.
buy ratcoin
24:24 I’d love to put an agenda together for a conversation with Zeke surrounding the fundamental technologies web3 is built on.
Someone like him could genuinely help so many people understand why the underlying design of blockchain is a powerful tool.
His writing could take some of these niche futurist ideas and make them accessible for the average person.
He just needs to have a conversation about how the systems work at a foundational level and why it’s powerful.
It’s still a technology in search of a killer app.
@justwatching1980 - I'd honestly say there are a number of "killer app" use-cases for crypto that are being used around the world right now:
-Stablecoins are really the current killer app of crypto imo. Stablecoins (AKA crypto-dollars if you ask Nic Carter) give people all around the world instant access to $USD that can be used in a robust financial ecosystem. Many people in certain jurisdictions cant get reliable access to $USD, but stablecoins can use decentralized & permissionless infrastructure to give lower income or financially underserved people instant access to dollars.
-Stablecoins also open up saving money in dollars to protect against local currency inflation/capital controls on USD. There are multiple centralized options & options that are permissionless with a lot of censorship resistance.
-Stablecoins also allow instant payments for people supporting family overseas to send money across the world with confirmation in seconds-minutes instead of hours-days.
-Private/Public key pairs (PPKPs). This one is definitely more medium/long-term for getting viral adoption, but crypto has put PPKPs in the hands of so many people & taught them how to use them. As artificial intelligence weaves itself more & more into everyday internet consumption, it will be crucial to have a cryptographically provable way to “sign” off that something is actually made by or posted by you.
A long response, I know, but there are a number of ways blockchain is already changing people’s lives around the world, and that’s what a lot of people just don’t see or know about. It will certainly continue expanding to a much broader audience & develop other amazing use-cases. It just takes consistent effort to educate and build.
We just need to stop thinking in a 1-6 month timeframe & start thinking in a 5-50 year timeframe.
You're still just speaking in vagueries because there are literally no significant use cases for this technology.
Ugh! Both are clueless about blockchain and finance.
Perhaps, but one of them is very good at detecting bullshit
U picked the biggest insider hack to interview..He's looking to sell his worthless book
I really liked his book actually! So happy to help sell it for him :)
He went to the biggest gatherings of the most plugged in and influential people in this industry and talked to dozens of them and didn't what? Understand how valuable a technology it is ?
Carly I really love the show. Even tho I believe crypto and NFTs are scams, I got into the show following the SBF case and you’re very entertaining!
NFT’s and crypto are a scam