108 - I Was Wrong, We Need Crypto | DHH
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 7 March 2022
⏱️ 92 minutes
🧾️ Download transcript
Summary
David Heinemeir Hansson is the Co-Founder of Basecamp & HEY. DHH is a best-selling author, technologist—responsible for creating Ruby on Rails—and a recent crypto skeptic, turned crypto-curious experimenter.
DHH recently wrote a viral blog post titled, “I Was Wrong, We Need Crypto” in which he explains why he’s skeptical of crypto, what ultimately changed his mind, and how he’s thinking about the future of the space going forward.
It’s not every day Bankless brings on a crypto skeptic, but DHH is different. He provides a balanced—well thought out perspective on what the current state of crypto is and what needs to change to make it go mainstream.
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✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode
https://shows.banklesshq.com/p/debrief-i-was-wrong-we-need-crypto
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Topics Covered:
0:00 Intro
6:20 Who is DHH
14:02 Crypto Observations
17:00 DHH’s Top Crypto Skepticisms
29:55 How to be Wrong About Things
37:00 What Changed DHH’s Mind
45:50 Pushback on DHH’s Post
52:50 The Release Valves
1:02:00 New Skills Needed
1:11:20 Other Crypto Rabbit Holes
1:17:44 Russian Sanctions
1:24:50 What Crypto Can Do Better
1:29:50 What’s Next in Crypto For DHH
1:33:50 Closing & Disclaimers
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Resources:
DHH on Twitter:
https://twitter.com/dhh
DHH’s Website:
https://dhh.dk
Episode #55:
https://www.youtube.com/watch?v=JpzFU7MW5y4
DHH Books:
https://www.goodreads.com/author/show/23587.David_Heinemeier_Hansson?from_search=true&from_srp=true
I Was Wrong We Need Crypto:
https://world.hey.com/dhh/i-was-wrong-we-need-crypto-587ccb03
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Bankless, where we explore the frontier of internet money and internet finance. |
| 0:12.5 | This is how to get started, how to get better, and how to front run the opportunity. |
| 0:16.8 | This is Ryan Sean Adams. |
| 0:17.8 | I'm here with David Hoffman, and we're here to help you become more bankless. |
| 0:23.2 | Guys, the title of this episode is, I was wrong, we need crypto. |
| 0:28.4 | And David, Hannah Meyer, Hanson, DHH, a crypto skeptic who's turned into a crypto advocate. |
| 0:37.1 | And this conversation will show you exactly why a few things to look out for some takeaways. |
| 0:41.8 | Number one, we get in the mind of a crypto skeptic. |
| 0:44.6 | How do they see crypto on the outside? |
| 0:47.2 | Number two, why most people won't actually be convinced until they have a catalyst? |
| 0:52.6 | For DHH, that was the freezing of bank accounts in Canada. |
| 0:57.0 | It's another thing I took away from this episode. |
| 0:58.6 | Number three, why crypto is the most important release valve for preserving civil liberties |
| 1:03.7 | that we have right now. |
| 1:05.3 | David, this was a really cool conversation. |
| 1:07.3 | Somebody who's been on the periphery of crypto and been super skeptical through the entire |
| 1:11.8 | time. |
| 1:12.8 | But due to recent world events has just become crypto-pilled. |
| 1:16.6 | It was a really fascinating discussion. |
| 1:18.4 | We don't get to have these very often on bankless. |
| 1:20.6 | I'm grateful for it. |
| 1:21.6 | What were your thoughts? |
... |
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