9 - Going Bankless with Maker | Mariano Conti
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 27 April 2020
⏱️ 86 minutes
🧾️ Download transcript
Summary
Episode: #9
April 27, 2020
Ryan & David talk with Mariano Conti about Dai, Maker, & his epic bankless journey. Learn how Maker can help you go bankless through this conversation with Mariano.
We talk:
- Mariano's life in midst of Argentina's capital controls
- Why Mariano moved from Bitcoin to DAI and Ether
- The components of Maker including:
- DAI (stability)
- Vault/CDP (credit)
- Dai Savings Rate (interest)
- Governance (MKR token)
- Centralization risks of Maker
- Is Maker the last say on decentralized stablecoins?
- What's it going to take to see 1m people into DAI?
- The Lendfme hack & what it implies
- Insanity of negative oil prices!
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Tools from our sponsors to go bankless:
- Rocket Dollar - tax shelter your crypto ($50 w/ "BANKLESS")
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- Aave - money lego for lending & borrowing
- Zerion - portal to your DeFi portfolio
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Resources discussed:
- VIDEO: How I Survive Argentina's 50% Inflation - Mariano
- PODCAST: Rise of MakerDAO: A Personal Journey - Mariano
- Learn how Brice pays for his lunches with DAI - Bankless
- Follow Mariano's on Twitter
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Episode Actions:
- Check out Maker protocol
- How to get a DAI Savings Account - Bankless Tactic 23
- Give Bankless podcast 5 stars in iTunes!
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Transcript
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| 0:00.0 | Welcome to Dless, where we explore the frontier of Internet money and Internet finance. |
| 0:19.0 | This is how to get started, how to get better, and how to front run the opportunity. |
| 0:23.0 | This is Ryan Sean Adams. |
| 0:24.0 | I'm here with David Hoffman once again, |
| 0:26.0 | and we're here to help you become more bankless. |
| 0:30.0 | David, I am super excited about our guest today and about the topic. |
| 0:34.6 | Can he tell us about it? |
| 0:36.0 | Mariano Conte, who I call the King Midas of Ethereum, |
| 0:40.1 | because everything he touches turns to Ether. |
| 0:43.0 | We all know and love Mariano Conte. |
| 0:46.0 | He is the head of smart contracts at the Maker Foundation. |
| 0:50.0 | He has been absolutely critical in the rollout of the Maker Dow system and he's been there from day one back when the |
| 0:59.1 | Maker Dow system was what they called Proto-Sai, |
| 1:02.7 | that's the Cy before the current-Sai, |
| 1:05.3 | which is the-Sai before the current die. |
| 1:07.2 | So he's been there all the way |
| 1:09.2 | in the history of Maker Dow. |
| 1:11.1 | The really cool thing about Mariano Conte in my opinion is that he is from |
| 1:15.7 | Argentina which is one of the many countries in the world that really needs |
| 1:20.3 | crypto as a as infrastructure for value management and just for living your life. |
| 1:27.0 | So at the same time that Mariano is living on crypto using crypto systems to support his personal |
| 1:32.4 | finances, he's also building the platform, |
... |
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