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technologyeducationself improvement
Bitcoin Only vs ETH/DeFi/Altcoins
About this Episode
In this episode, Brad taps Ivan Brightly to analyze Bitcoin's current crazy rally and its lifting of altcoins with it. Ivan is Brad's friend, fellow Bitcoiner, and investment partner. He was also an early partner at Mike Novogratz's crypto investment firm Galaxy Digital. The two get into one of the space's most touchy debates: should you put your money in Bitcoin only, or should you bet on altcoins as well as DeFi? Some sections of DeFi have raised eyebrows as some people question whether it's really about 'decentralizing finance' or if there's more than meets the eye. Tune in to hear the two's (often contrasting) stances on this and more.
Timestamps
00:00:00 - Intro by Brad
00:03:31 - On 'Bitcoin freeriding', recent 51% attacks and the BTC/BCH war
00:22:50 - Blockchain applications are cool, but do we need all these accompanying tokens?
00:25:50 - Is DeFi really about helping people?
00:34:41 - Lightning Network's privacy or lack there of it
00:46:44 - The thing with 'DAO's
00:52:51 - Are tokens going to replace equity?
00:57:00 - Brad's strong case for Bitcoin-only investing
1:24:55 - Ivan and Brad's closing arguments on whether you should go Bitcoin-only
1:29:35 - Why you should check out the Lightning Network
Ivan Brightly and Brad Mill's First episode
Mike Novogratz of Galaxy Digital
Satoshi's disapproval of WikiLeaks' use of Bitcoin
Monero Sybil attack, Bitcoin Gold, and Firo's 51% attacks
Uniswap and Sushi Swap DeFi protocols
Find Ivan Brightly on:
Find Brad Mills on:
Magic Internet Money Instagram
Produced by Brad Mills - Twitter, Hamilton - YouTube, Jason Sanderson - Podcast Tech
Other Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto.
Hosts & Guests
No transcript available for this episode.
