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The James Altucher Show

830 - Omid Malekan answered all my questions about Bitcoin and cryptocurrency

The James Altucher Show

James Altucher

Education, Business

4.62.7K Ratings

🗓️ 17 March 2022

⏱️ 77 minutes

🧾️ Download transcript

Summary

What is Money? What is Dollar? Is money really dependable? Did the invention of Money actually let us better organize society and be more efficient? The short answer is NO. That's why there's the invention of Bitcoin and cryptocurrency.In this episode, I invited  the author of The Story of the Blockchain, A Beginner's Guide to the Technology That Nobody Understands to talk about all things Bitcoin and Cryptocurrency! Omid Malekan, to talk about all things Bitcoin and Cryptocurrencies. and his new upcoming book, Re-architecting Trust, The Curse of HIstory and The Crypto Cure for Money, Markets, and Platforms.This is an interesting episode. Before the podcast began, I told Omid that, even though I am bullish on Bitcoin and Cryptocurrencies, I will be playing the skeptic here, so that he could answer all my questions!Visit Notepd.com to read more idea lists, or sign up and create your own idea list!My new book Skip The Line is out! Make sure you get a copy wherever you get your new book!Join You Should Run For President 2.0 Facebook Group, and we discuss why should run for president.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.Thanks so much for listening! If you like this episode, please subscribe to "The James Altucher Show" and rate and review wherever you get your podcasts:Apple PodcastsStitcheriHeart RadioSpotify ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

This isn't your average business podcast and he's not your average host.

0:06.8

This is the James Altiger Show.

0:12.8

Today on the James Altiger Show.

0:15.8

I'm not usually a skeptic of Bitcoin, but for this podcast I wanted to be as skeptical

0:22.2

as possible so we really covered all the issues.

0:25.4

So I have on Omid Malacan who first off used to work with me back in my hedge fund days

0:32.3

from 2002 to 2007 we worked together and we were trading every day.

0:37.3

Since then he's moved on to bigger and better things, helped city group figure out the whole

0:42.0

crypto universe.

0:43.0

He wrote a book called The Story of the Blockchain and more recently he's about to publish

0:47.6

a book called Rear Protecting Trust.

0:51.1

The Curse of History and the CryptoCure for Money, Markets and Platforms.

0:55.3

So he comes on the podcast today and I want to know where Bitcoin and Ethereum are going,

1:02.1

where are the whole crypto universe is going and what could stop it or slow it down.

1:06.8

So he's very bullish as am I but I am as skeptical as possible and he really answers all my

1:12.8

questions so he conquered my potential bearishness.

1:17.1

So here's Omid Malacan.

1:27.3

Kids are sort of the reason why gold is that and crypto is like as these kids grow up

1:31.6

they're not going to suddenly go from buying crypto to buying gold.

1:34.3

Like that would be the most stupid thing in the world.

1:36.9

Yeah.

1:37.9

There's almost I feel like an abstract age below which everything that crypto has pioneered

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