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TFTC: A Bitcoin Podcast

#142: Elisabeth Préfontaine

TFTC: A Bitcoin Podcast

Marty Bent

Technology

4.8764 Ratings

🗓️ 24 March 2020

⏱️ 63 minutes

🧾️ Download transcript

Summary

Join Marty as he sits down with Elisabeth Préfontaine, founder of Octonomics, to discuss:

- Elisabeth's experience in the banking + financial worlds

- Problems with transparency in the traditional financial world

- Bad incentives in the traditional financial system

- Why Bitcoin only?

- How Quebec messed up their opportunity to court bitcoin entrepreneurs

- Defining Bitcoin

- Why bitcoin isn't a security

- PC creep into the boardroom

- much more

Shoutout to this week's sponsors.

Cash App. Start #stackingsats today. Use the promo code: "stackingsats" to receive $10 and contribute $10 to OWLS Lacrosse you download the app


Transcript

Click on a timestamp to play from that location

0:00.0

So, freaks, it's your boy Marty here to introduce this episode of Tales from the Crypt,

0:04.4

the immense pleasure of sitting down with Elizabeth Prefontein.

0:07.7

He's been putting out some incredible content pertaining to Bitcoin on her blog, Octonomics.

0:13.0

We had a far-ranging conversation about her experience in the analog banking world before it went very digital.

0:21.2

She started working, I believe when she was 11, if I recall correctly, and has a lot of

0:29.0

experience in the traditional finance world, particularly in Canada and Montreal, and has a lot

0:35.3

of unique insights into the lack of transparency within the banking and financial

0:43.2

industry, particularly in Canada, the analog nature of the traditional systems and how they

0:50.7

compare to Bitcoin and how Bitcoin is just a huge inflection point in terms of

0:58.0

tech and philosophy of how the system shall be run.

1:03.2

We should be run, shall be run.

1:05.1

We also talk about political correctness leaking into the board, and a bunch of other stuff, including

1:13.0

how to define Bitcoin or why you should not attempt to define Bitcoin as anything other than

1:19.8

a scarce information space and messaging system.

1:24.5

It is free speech at the end of the day.

1:26.5

This episode of Tales from the Crypt is brought to by the cash app. You freaks know all about them. They're helping us do

1:31.4

many things and they're making sats the standard. All right. If you haven't seen this yet,

1:36.4

Miles Suter teased it the other day. Matt O'Dell confirmed it last night. Android users are

1:42.8

now able to make Sats the standard within the cache app.

1:46.8

You can stack Sats, receive Sats, send Sats, sell Sats, if you so please.

1:52.2

And soon they're going to be adding an auto buy function as well.

1:56.7

Miles confirmed it in the same thread that he dropped the Sats.

...

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