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Tech Brew Ride Home

(Bonus) CoinDesk's Brady Dale On Libra and the "Crypto Spring"

Tech Brew Ride Home

Amalgamated Internets, LLC

Technology, News, Tech News

4.71K Ratings

🗓️ 22 June 2019

⏱️ 27 minutes

🧾️ Download transcript

Summary

Well, given the news of the week, I knew we needed to do a deep dive on Libra, so I called up our friend Brady Dale at CoinDesk and we get into it. What do crypto folk think of Libra? Is he surprised by the governmental backlash? And since by the time you hear this, bitcoin might already be back above $10k dollars? Are we out of the crypto winter and into crypto spring? Sponsors: PaintYourLife.com: Text the word TECH to 48-48-48 Rhone.com/ride promocode RIDE at checkout Subscribe to the ad-free premium feed! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to another weekend bonus episode of the Tech Mem Ride Home. I'm Brian McCullough.

0:09.0

Given the news of the week, I knew we needed to do a deep dive on Libra, so I called up our friend

0:15.1

Brady Dale at coin desk, and we get into it. What do crypto folk think of Libra? Is he surprised

0:21.0

by the governmental backlash?

0:23.0

And since by the time you hear this, Bitcoin might already be back above $10,000,

0:27.3

are we out of the crypto winter and into crypto spring?

0:31.2

Uh, all right, basically, the main thing I want to know is what is the broader crypto communities reaction to Libra?

0:43.0

Is it positive?

0:46.2

Is it like skepticism?

0:47.6

Like what just, I know that's a broad question,

0:50.0

but what generally does it feel like crypto people think about this Facebook plan?

0:54.0

Yeah, you know, I get a story on this and I think it's really, it's mixed.

1:01.0

I would argue, and some people might yell at me for this but I would argue that it's broadly positive so there's some there's some hardcores out there that are are negative about it or but I think in general crypto sees this as validation and

1:18.0

and sees it as it's going to be a lot easier to get customers into other

1:23.2

cryptocurrencies if Libra makes its way along.

1:26.4

So in general, I think folks are upbeat even if they're

1:30.0

pretty skeptical.

1:31.8

I mean, like, you know notably

1:33.0

Nival Ravakan who a lot of people in fact pay attention to and people in crypto

1:37.7

particularly pay attention to you know I open to story with him he was extremely

1:41.5

skeptical he is like you know there's good reasons to

1:44.5

lower the cost of international transactions but there's no particular reason to do

...

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