#29 - Cole Kennelly

Julian Dorey Podcast

Julian Dorey

Comedy

4.6 • 649 Ratings

🗓️ 6 January 2021

⏱️ 171 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Cole Kennelly is a Decentralized Finance/Cryptocurrency writer, executive, consultant, and entrepreneur. Currently, he is the founder of Volmex.Finance, a protocol for volatility indices and non-custodial trading built on the Ethereum blockchain. Additionally, Cole is also the founder/coordinator of DeFi-NYC as well as an executive with Staked. Follow Cole on Twitter for his insights on Bitcoin, Ethereum, and everything DeFi: https://twitter.com/ColeGotTweets 6:59 - Bitcoin; 2017-2018 Crypto Crash; Michael Saylor, MicroStrategy, & Institutional BTC Bullishness 13:54 - Bitcoin background & story, past attempts at cryptocurrency 18:41 - Blockchain explained with examples; NFT’s 23:12 - How governments print money & devalue currency; Bitcoin’s supply 29:47 - Covid Stimulus & The Dollar; Why BTC is a movement; Virtual Wallets (Private Keys & Centralized Exchanges) 42:17 - “Bitcoin Billionaires” by Ben Mezrich; the Winklevoss twins; Bitcoin awareness; What is Ethereum? 56:32 - Sablier protocol explained; Vitalik Buterin & DeFi discussion 1:07:08 - Ethereum (ETH) adoption and use cases discussion; EIP 1559; Tribalism in the online crypto communities 1:19:13 - Collateral on the Ethereum blockchain; Dai explanation; relating traditional mortgages & loans to the Ethereum protocol 1:35:56 - Groupthink in banks and legacy financial system; Uniswap 1:45:16 - Many people have no idea what they’re buying; Centralized Exchanges pricing explanation 1:50:11 - Bitcoin Scarcity & Network Effects; Comparing Bitcoin & Ethereum 1:54:39 - Comparing user understanding of social media & user understanding of crypto/blockchain 2:13:19 - Ripple & why XRP is problematic; XRP’s attempt to integrate with legacy institutions 2:27:33 - Predicting where BTC & ETH adoption will end up 2:34:14 - Initial Coin Offerings (ICO’s); Why many ICO’s have been terrible 2:39:26 - “The Fourth Turning” (Howe & Strauss)--and a Theory on why Bitcoin is the “New” New Deal ~ YouTube EPISODES & CLIPS: https://www.youtube.com/channel/UC0A-v_DL-h76F75xik8h03Q ~ Show Notes: https://www.trendifier.c... Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Exclusively on Disney Plus.
0:02.0	It's hard and it's brutal and that's what makes it special.
0:06.0	The multi-award winning series, FX's The Bear, is back for a brand new season.
0:11.0	Upon my signal, unleash hell.
0:15.0	And every second counts.
0:17.0	When that shows zero, this restaurant ceases operations.
0:21.8	FX is the bear.
0:23.1	New season now streaming exclusively on Disney Plus.
0:27.2	18 plus subscription required.
0:28.6	Teas and Cs apply.
0:31.2	We're going to create a system that works and we're going to do it in a way that takes
0:34.5	out human error.
0:36.1	Bitcoin being the best example by setting things like not just a transparent ledger,
0:40.3	but by the way, this is going to be a monetary system that has a fixed supply.
0:45.1	You can't fuck with it.
0:46.3	No government can ruin it.
0:47.6	No guy who has to win elected office or save his ass can say in the short term, like,
0:52.2	all right, we're just going to print money and solve the fucking problem and leave it to the next guy. There's no kicking the can down the curb.
0:57.5	Yeah. You know, Bitcoin's not a bubble. Bitcoin is the pin that pops the bubble.
1:02.8	That's like a kind of an idiom in crypto.
1:14.3	What's cooking, everybody?
1:19.1	I am joined in the bunker today by my friend Cole Canelli.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Julian Dorey, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Julian Dorey and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.