
About this episode
Omid Malekan, an adjunct professor at Columbia Business School and author of multiple books on crypto joins us. Omid shares his insights on the evolution of blockchain, the concept of digital scarcity, and the future of decentralized finance. Drawing from his experiences in both traditional finance, his teachings, and the crypto industry. Omid also discusses how blockchain offers a fundamentally new way to build trust and redefine property rights in the digital world and his best arguments for why ETH is better than SOL.
------
🎬 DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-omid-malekan
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
🦄UNISWAP | BROWSER EXTENSION
https://bankless.cc/uniswap
🪄MAGIC EDEN | HOME OF WEB3
https://bankless.cc/MagicEden
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🤖0G | MAKING THE IMPOSSIBLE, INEVITABLE
https://bankless.cc/0G
------
✨ Mint the episode on Zora ✨
https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/81?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E
------
TIMESTAMPS
0:00 Intro
5:52 Omid Malekan’s Crypto Background
9:31 Transitioning from TradFi to Crypto
14:51 Explaining Blockchain to Crypto Newcomers
21:10 The Fear in Crypto Transactions
24:53 Blockchain as a New Financial Architecture
28:07 What New Crypto Users Get Wrong
32:06 Not All Blockchains Are Equal
39:25 Qualitative & Quantitative Block Space
41:49 Lessons from Traditional Finance
46:36 Modular Design in Blockchain Systems
1:01:30 Envisioning Crypto's Endgame
1:09:25 Ether's Value Proposition and Role
1:20:28 Opportunities for High-Quality Liquid Assets
1:23:38 Ether as the Money of the Internet
1:36:55 Settlement Assurances and the Future of Ether
1:44:07 Crypto Cycles and Future Gains
1:45:29 Own Podcast?
1:46:22 Closing & Disclaimers
------
RESOURCES
Omid Malekan
https://x.com/malekanoms
Omid's Books
https://www.amazon.com/Re-Architecting-Trust-History-Markets-Platforms/dp/1732027331
https://www.amazon.com/Story-Blockchain-Beginners-Technology-Understands/dp/1732027307
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Get every episode summarized
Each time Bankless publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Bankless

Why Hasn't The Dollar Fallen? | Lessons from Currency Historian Barry Eichengree...
Bankless

Up or Down from Here? Bears vs. Bulls
Bankless

"Fix the Money, Fix the World" — Michael Saylor's Master Plan (plus questions on...
Bankless

ROLLUP: Iran Ceasefire Rally | Anthropic’s “Mythos” Model | Q-Day Divide | Stabl...
Bankless