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The James Altucher Show

Build a Better Crypto Marketplace! | Omid Malekan

The James Altucher Show

James Altucher

Education, Business

4.62.7K Ratings

🗓️ 25 November 2022

⏱️ 34 minutes

🧾️ Download transcript

Summary

Omid Malekan, the former Crypto advisor for Citi Ventures, has a lot of ideas about the direction of decentralized finance and cryptocurrencies. Today, Omid and James piggyback on last week's interview with Google finance lead Antonio Reza to discuss the industry fallout from FTX's fraud and bankruptcy filing.The pair discuss how we can develop better crypto exchanges, the broad role of NFTs in assigning property rights to intangible assets, and lessons learned from Omid's new book: Re-Architecting Trust: The Curse of History and the Crypto Cure for Money, Markets, and Platforms.------------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 jamesaltucher.com/podcast.------------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 PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebookShow Less  ------------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.

0:18.2

The student loan, it's still going through.

0:20.6

Also, Nancy Pelosi is not a speaker of House anymore.

0:23.8

One of those things is true and one of those things is not true.

0:26.7

So I think the courts are upset about the student loan forgiveness thing.

0:30.4

I don't know what this is.

0:31.4

I honestly don't know what the story is, but I have red headlines that it's probably

0:34.5

not going to happen.

0:36.0

Yeah.

0:37.0

That's just just to mention we were talking about the law of max screwing, which we just

0:42.2

defined here.

0:43.2

So there's Murphy's Law and now James Omajaze Law, which is that if you could ask the question,

0:48.6

like, I hope I'm not paying for X, then the answer is always yes you are in some way

0:55.0

because you're always being screwed in the maximum possible way you could imagine.

0:59.0

So if you have to ask the question, then yes, you are being screwed.

1:01.5

And the reason this came up is Jay apparently, Jay, you don't pay for electric vehicle charging

1:06.6

in your building and Omaid asks, well, I hope I'm not paying for it.

1:10.5

And the default answer is yes, you're paying for it, even though we have no idea how you

1:14.5

could possibly be paying for it.

1:16.9

And then Jay, you brought up a real example.

1:18.9

Oh, yeah.

...

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