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London Real

CHRIS GIANCARLO - The Fight for the Future of Money: CryptoDad Talks Blockchain Innovation

London Real

Brian Rose

Investing, Cardano, Crypto, Bitcoin, Brianrose, Ethereum, Londonreal, Technology, Cryptocurrency, Business, Defi

4.41.9K Ratings

🗓️ 29 March 2022

⏱️ 90 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

The bank would tell you how much value you had in the bank, and if you were diligent you would double check that, you would balance your checkbook, but ultimately they're telling you where your value is and who has it and what portion of it you can access.

0:18.0

This is a whole different model. This is, no, no, no. I own the value. I confirm my value.

0:25.0

The World Wide Web and an algorithm is working with me to confirm that value, but I'm not reliant on bank A, pension fund B to tell me where my value is or tell me when I can have access to it, Monday through Friday, Friday 9-4-30. No, no, no, no, no.

0:40.0

This is a 24-7 global validation of who owns what, who is transferring what to who.

0:47.0

This is the fight of our lives, of humanity. If we can keep this metaverse open, then we can control it. If it's closed in the hands of a meta or some other group, then our whole reality will be closed off, and we might not get back from that.

1:02.0

I truly believe this is the new battle for Liberty.

1:06.0

The fight for Web.3 is the fight against those big powerful monopolies aligned with powerful political elites to control the choices we make.

1:15.0

Liberty is core to human aspirational growth. I mean, the reason why people from around the world still try to emigrate to the United States or immigrate to Britain is to get that taste of liberty, to be free of powerful elites, telling them who they can be and what they can be, and that's worth fighting for every generation.

1:34.0

And this is where the battle is being made today.

1:46.0

The world is changing. Inspiration is everywhere.

1:55.0

It has never been so easy to connect, share, and bring people together.

2:01.0

We're learning from others and finding the best in ourselves.

2:09.0

Challenging our beliefs, sharing our vulnerability, overcoming our fears, transforming ourselves so we can transform the world.

2:27.0

How far can we go?

2:30.0

This is London Real. I am Brian Rose. My guest today is...

2:42.0

This is London Real. I am Brian Rose. My guest today is Chris Giancarlo, the investor, attorney, author, and blockchain technology advocate.

2:51.0

You served as chairman of the U.S. Commodity Futures Trading Commission from 2017 to 2019, where you oversaw the first Bitcoin futures products, enter the marketplace.

3:00.0

You've been named as one of the most influential people in financial regulation, and your views on cryptocurrencies and digital assets are regularly featured in the Wall Street Journal, the Financial Times, and CNBC.

3:10.0

You are the co-founder of the Digital Dollar Project, a not-for-profit initiative to advance the exploration of a U.S. Central Bank Digital Currency, where you believe the creation of a digital dollar is a critical move, and one that will provide benefits around the globe.

3:23.0

You are also the author of Crypto Dad, the fight for the future of money, where you suggest that money is too important to be left to the central bankers, and that we owe it to the younger generations to explore the potential of virtual currencies, Chris. Welcome to London Real.

3:39.0

It's fantastic to be here with you today, and I want to jump right into Crypto Dad, because it's a great handle, and it's a great story, and when I look at your history, I'm looking at this seasoned Wall Street veteran, who knows everything about some of the most complex instruments in the world, from derivatives to swaps to options, things that I used to even trade, and yet you're on holiday with your kids, and they're telling you about this thing called crypto.

4:06.0

And it sounds like you actually listened, and that maybe changed the future of what happened. So maybe you can tell me a little bit about that story, because it sounds crazy.

...

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