Chapter
The Differences in Building Digital Assets and Cryptocurrencies
35:35 - 42:22 (06:47)
The cryptocurrency community should not rely on tribalism; instead, the market will determine what is most valuable in the future. This world is split into two major groups of people trying to build very different things: digital assets and cryptocurrencies.
Clips
There are two main groups of people trying to build different things in the world of cryptocurrency, one focusing on financial security while the other prioritizes the security of the cryptocurrency itself.
35:35 - 37:16 (01:41)
Summary
There are two main groups of people trying to build different things in the world of cryptocurrency, one focusing on financial security while the other prioritizes the security of the cryptocurrency itself. Despite this difference, both groups aim to achieve the same goal in two distinct ways.
ChapterThe Differences in Building Digital Assets and Cryptocurrencies
Episode#171 – Anthony Pompliano: Bitcoin
PodcastLex Fridman Podcast
The Bitcoin market will ultimately decide what is most valuable, but the sensitivity within its community comes from the fact that a lot of funding is coming from venture capitalists and asset managers and there are many questionable ideas being built around Bitcoin through ICOs or other forms of capital raising.
37:16 - 40:02 (02:46)
Summary
The Bitcoin market will ultimately decide what is most valuable, but the sensitivity within its community comes from the fact that a lot of funding is coming from venture capitalists and asset managers and there are many questionable ideas being built around Bitcoin through ICOs or other forms of capital raising.
ChapterThe Differences in Building Digital Assets and Cryptocurrencies
Episode#171 – Anthony Pompliano: Bitcoin
PodcastLex Fridman Podcast
A second layer was created on top of gold to make it easier to transact.
40:02 - 42:22 (02:20)
Summary
A second layer was created on top of gold to make it easier to transact. This includes electronic money, electronic Q-SIPs, credit and other systems.