Chapter
The Benefits of Privacy Coins
1:29:23 - 1:36:18 (06:55)
Despite the need for safe, regulated and compliant practices, privacy coins should be allowed in the industry as they are beneficial for the world. More privacy coins would enable innovation and prevent fraudulence within the industry.
Clips
The speaker believes that privacy coins are crucial for the advancement of the cryptocurrency industry and would enable innovation, but only if fraudulent activities are prevented.
1:29:23 - 1:33:45 (04:22)
Summary
The speaker believes that privacy coins are crucial for the advancement of the cryptocurrency industry and would enable innovation, but only if fraudulent activities are prevented. The speaker also highlights that Coinbase already supports the privacy preserving cryptocurrency blockchain, Zcash, but adding others like Monero could be technically difficult.
ChapterThe Benefits of Privacy Coins
Episode#307 – Brian Armstrong: Coinbase, Cryptocurrency, and Government Regulation
PodcastLex Fridman Podcast
Some countries are embracing and pushing for favorable regulation for startups and entrepreneurs in the crypto space, while others like China are trying to curtail it as a threat to their power.
1:33:45 - 1:36:18 (02:32)
Summary
Some countries are embracing and pushing for favorable regulation for startups and entrepreneurs in the crypto space, while others like China are trying to curtail it as a threat to their power. With almost one in five Americans having used or tried crypto, it is increasingly difficult for countries to maintain restrictive regulations.