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Bankless

43 - Crypto from the Outside | Demetri Kofinas

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Bankless

Technology, News, Tech News

4.71.2K Ratings

🗓️ 14 December 2020

⏱️ 103 minutes

🧾️ Download transcript

Summary

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43 - Crypto from the Outside | Demetri Kofinas

Demetri Kofinas is the host of the Hidden Forces podcast, where he gives you an edge by teaching you to think critically about the systems of power that structure our world.

Hidden Forces is about the forces of the world that impact markets, technology, culture, and our lives, which means that Demetri is astutely aware of the cryptocurrency industry and its implications.

However, he is not in the ‘crypto-religion’ as many of us are. He views crypto from the outside in. 

We bring Demetri onto the pod this week to get his perspective as to what crypto looks like when viewed from outside the bubble. 

We take a moment to discuss a number of 2020 themes:

  • Distrust in institutions
  • Monetary policy in the days of COVID
  • More government, or less government?

...and of course, how significant is the role of Crypto with regards to these things. Is it a revolution? Or destined to be domesticated by the powers of the world?

Demetri is both knowledgeable AND skeptical, which is a dangerous combination to anyone who believes in the revolution. 

Tune in!

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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.

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Bankless, where we explore the frontier internet money and internet finance.

0:19.2

This is how to get started, how to get better, and how to front-run the opportunity.

0:23.8

This is Ryan Sean Adams.

0:24.8

I'm here with David Hoffman, and we're here to help you become more bankless.

0:30.2

David got a banger of a show.

0:32.2

Who do we have on?

0:33.1

Dimitri Cofinus of Hidden Forces Podcasts, one of my favorite podcasts that really

0:39.1

spans the gamut of just a number of different topics from finance, politics, culture,

0:45.4

really just trying to get down to the bottom of what the undercurrents of the world are.

0:51.1

Dimitri does a fantastic job of going into conversations and topics in an extremely

0:56.6

unbiased manner, and that's why we wanted to get him on the bankless podcast.

1:01.4

He understands crypto, he understands our industry, but he views it from the outside in,

1:07.3

and he has a very balanced perception as to how the world of crypto fits into the world around it.

1:13.0

And so on the bankless program, we beat some of the same drums over and over and over again,

1:17.4

but we also need to step outside of our bubble and make sure that what we are saying

1:22.2

actually does resonate with people regardless of whether they're inside or outside of the

1:26.7

industry. And that's why we brought on Dimitri onto the bankless podcast. So we can discuss

1:31.3

what parts about the crypto world he resonates with and what parts he is still skeptical on.

1:38.5

It is fantastic to bring on an informed skeptic. I think you use the word to describe Dimitri as

1:45.2

secular. That means sort of not in the crypto religion as you or I might be, yet he is he's

1:53.0

very informed. So he's had many folks talk about crypto on his show. He's very knowledgeable about

1:57.8

Bitcoin. He's even had some D5 folks on his show. So he brings that informed skeptic perspective

...

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