59 min

Hash Power – Ep. 3 - Funding, Forking, and a Creative Future Invest Like the Best

In episodes one and two of Hash Power, we explored blockchain technology and cryptocurrency investing. In this episode, we discuss the current and potential future states of the crypto world. We cover new forms of cooperation, regulation, security and storage, and why blockchains allow systems to evolve at such a rapid pace. 
Be sure to listen until the end, where we close with some advice about conducting ourselves in a new world where creativity reigns and repetitive jobs disappear—a trend that may only accelerate thanks to blockchain technology and cryptocurrencies.
Hash Power is presented by Fidelity Investments
 
For comprehensive show notes on this episode go to http://investorfieldguide.com/hashpower
For more episodes go to InvestorFieldGuide.com/podcast.
To get involved with Project Frontier, head to InvestorFieldGuide.com/frontier.
Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub.
Follow Patrick on Twitter at @patrick_oshag
  

Show Notes
0:05 – Intro to episode 3 and what to expect 
4:00 - Olaf Carlson-Wee, founder of Polychain, on how the funding and investing in cryptocurrencies could easily get out of hand 
5:00 – How people are creating holding companies to fund cryptocurrencies protocols 
6:45 – Decentralized Autonomous Organization (DAO) and how they will replace the aforementioned holding companies 
8:32 – Could fully decentralized organizations replace other more traditional organizational structures, even outside of crypto currency 
9:59 – How can DAO’s impact everyday lives 
12:39 – Why your skills and accomplishments will become more important than who you are or where you are from
            15:38 – Ready Player One: A Novel 
16:09 - Naval Ravikant, CEO of Angellist, on the way humans cooperate and build new entities 
17:51 – When people will demand oversight and regulation over crypto currency 
20:42 - Peter Van Valkenburg, Director of Research at Coincenter on the current state of regulation 
26:06 - Jameson Lopp on security needed to protect your cryptocurrency
            26:22 - Glacierprotocol.org 
27:51 - Ari Paul, co-founder of Blocktower, on how nail polish is used to protect their crypto wallet 
30:03 – Juan Benet explains the Filecoin Protocol 
35:52 - Muneeb Ali, co-founder of Blockstack, on how his team is plans to provide basic tools that will allow the broader developer community to build apps that the cryptocurrency population will use. 
38:01 - Comparing blockstack to the analogy of creating a city 
40:17 – How the blockstack token fits into everything 
43:15 – Fred Ehrsam, co-founder of Coinbase, on forking in blockchains 
47:52 – Naval Ravikant on how the idea of work will change in the future, and how that change helped to produce the idea of a blockchain in the first place. 
49:31 – Why curiosity should govern what you do in life
53:22 - Naval’s framework for making money
 
Learn More
For more episodes go to InvestorFieldGuide.com/podcast. 
Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub
Follow Patrick on twitter at @patrick_oshag

In episodes one and two of Hash Power, we explored blockchain technology and cryptocurrency investing. In this episode, we discuss the current and potential future states of the crypto world. We cover new forms of cooperation, regulation, security and storage, and why blockchains allow systems to evolve at such a rapid pace. 
Be sure to listen until the end, where we close with some advice about conducting ourselves in a new world where creativity reigns and repetitive jobs disappear—a trend that may only accelerate thanks to blockchain technology and cryptocurrencies.
Hash Power is presented by Fidelity Investments
 
For comprehensive show notes on this episode go to http://investorfieldguide.com/hashpower
For more episodes go to InvestorFieldGuide.com/podcast.
To get involved with Project Frontier, head to InvestorFieldGuide.com/frontier.
Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub.
Follow Patrick on Twitter at @patrick_oshag
  

Show Notes
0:05 – Intro to episode 3 and what to expect 
4:00 - Olaf Carlson-Wee, founder of Polychain, on how the funding and investing in cryptocurrencies could easily get out of hand 
5:00 – How people are creating holding companies to fund cryptocurrencies protocols 
6:45 – Decentralized Autonomous Organization (DAO) and how they will replace the aforementioned holding companies 
8:32 – Could fully decentralized organizations replace other more traditional organizational structures, even outside of crypto currency 
9:59 – How can DAO’s impact everyday lives 
12:39 – Why your skills and accomplishments will become more important than who you are or where you are from
            15:38 – Ready Player One: A Novel 
16:09 - Naval Ravikant, CEO of Angellist, on the way humans cooperate and build new entities 
17:51 – When people will demand oversight and regulation over crypto currency 
20:42 - Peter Van Valkenburg, Director of Research at Coincenter on the current state of regulation 
26:06 - Jameson Lopp on security needed to protect your cryptocurrency
            26:22 - Glacierprotocol.org 
27:51 - Ari Paul, co-founder of Blocktower, on how nail polish is used to protect their crypto wallet 
30:03 – Juan Benet explains the Filecoin Protocol 
35:52 - Muneeb Ali, co-founder of Blockstack, on how his team is plans to provide basic tools that will allow the broader developer community to build apps that the cryptocurrency population will use. 
38:01 - Comparing blockstack to the analogy of creating a city 
40:17 – How the blockstack token fits into everything 
43:15 – Fred Ehrsam, co-founder of Coinbase, on forking in blockchains 
47:52 – Naval Ravikant on how the idea of work will change in the future, and how that change helped to produce the idea of a blockchain in the first place. 
49:31 – Why curiosity should govern what you do in life
53:22 - Naval’s framework for making money
 
Learn More
For more episodes go to InvestorFieldGuide.com/podcast. 
Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub
Follow Patrick on twitter at @patrick_oshag

59 min