Chapter
Simplifying Crypto Transactions with Coinbase
1:00:37 - 1:11:37 (10:59)
Coinbase aims to simplify crypto transactions and make them more trusted for the average person. By taking charge of storing a lot of crypto, Coinbase wants to make it easier for customers to transact regardless of where the supply comes from.
Clips
The use of blockchain and NFTs can grant access and voting rights for citizenship in certain areas, as well as help creative individuals receive better payment for their work.
1:00:37 - 1:01:40 (01:02)
Summary
The use of blockchain and NFTs can grant access and voting rights for citizenship in certain areas, as well as help creative individuals receive better payment for their work. These innovations hold potential for even greater impacts in the future.
ChapterSimplifying Crypto Transactions with Coinbase
Episode#627: Brian Armstrong, CEO of Coinbase — The Art of Relentless Focus, Preparing for Full-Contact Entrepreneurship, Critical Forks in the Path, Handling Haters, The Wisdom of Paul Graham, Epigenetic Reprogramming, and Much More
PodcastThe Tim Ferriss Show
The founders of OpenSea, Devin Finzer and Alex Atallah, discuss their mission to make crypto transactions more accessible to the average person and how their platform simplifies the process for buying and selling NFTs.
1:01:40 - 1:05:25 (03:45)
Summary
The founders of OpenSea, Devin Finzer and Alex Atallah, discuss their mission to make crypto transactions more accessible to the average person and how their platform simplifies the process for buying and selling NFTs.
ChapterSimplifying Crypto Transactions with Coinbase
Episode#627: Brian Armstrong, CEO of Coinbase — The Art of Relentless Focus, Preparing for Full-Contact Entrepreneurship, Critical Forks in the Path, Handling Haters, The Wisdom of Paul Graham, Epigenetic Reprogramming, and Much More
PodcastThe Tim Ferriss Show
The "not your keys, not your crypto" argument suggests that people should not trust centralized exchanges because they hold the keys to a user's cryptocurrency wallet, leaving the user susceptible to hacks or theft.
1:05:25 - 1:08:03 (02:37)
Summary
The "not your keys, not your crypto" argument suggests that people should not trust centralized exchanges because they hold the keys to a user's cryptocurrency wallet, leaving the user susceptible to hacks or theft. While this argument has some validity, it may not be practical for everyone and there needs to be an escape hatch or lifeboat in case of emergencies.
ChapterSimplifying Crypto Transactions with Coinbase
Episode#627: Brian Armstrong, CEO of Coinbase — The Art of Relentless Focus, Preparing for Full-Contact Entrepreneurship, Critical Forks in the Path, Handling Haters, The Wisdom of Paul Graham, Epigenetic Reprogramming, and Much More
PodcastThe Tim Ferriss Show
The self-custody of cryptocurrencies is advancing to a point where storing the amount of money you would carry in a physical wallet is secure.
1:08:03 - 1:11:37 (03:34)
Summary
The self-custody of cryptocurrencies is advancing to a point where storing the amount of money you would carry in a physical wallet is secure. Disaster recovery mechanisms have been developed to contemplate various scenarios, including successful dealings with large institutional investors.