Laser Eyes Stay On With Allen Farrington

Allen Farrington, co-founder of Axiom, discusses Bitcoin scaling, the role of venture capital in Bitcoin's ecosystem, his thoughts on DeFi, NFTs, and stablecoins, and the potential for Bitcoin to supplant fiat money. He also shares his insights on the ordinals debate and the future of Bitcoin infrastructure. 00:00:00 Start 00:00:32 Allen intro 00:01:22 Allen's background 00:06:30 Investing in public Bitcoin companies 00:10:44 Axiom 00:13:26 What wrong with DeFi 00:20:38 How does Axiom decide what to invest in 00:24:11 Lightning gaming 00:28:49 Criticisms of lightning 00:33:02 Do L2s have to have trust tradeoffs? 00:36:00 Will BTC kill fiat? 00:38:52 How is Axiom NOT like other VCs? 00:42:23 Are tokens always silly? 00:48:56 Stablecoins 00:53:06 Are stablecoins doomed? 00:57:56 People want centralized stablecoins 00:59:42 What is DLCVM? 01:06:25 Rollups 01:10:47 Companies must ROI 01:19:20 Ordinals 01:27:25 The circular logic of scams 01:38:56 Wrap up Follow our guest on Twitter: @allenf32 Follow our host: @gwartygwart 👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities. Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices