Ep. 216 - MakerDAO & DAI 101 w/ Rune Christensen

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6 • 821 Ratings

🗓️ 18 March 2019

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

** this is not financial or legal advice*** I need some cash like really bad. But, all I have is crypto. I really do not want to sell my crypto. I am a HODLer!   Rune Christensen understands your pain so he made MakerDAO. A platform that you can collateralize your crypto and take out a loan. He also made DAI stable coin to help manage the volatility of crypto. Listen to this episode for a 101 on MakerDAO and DAI, as well as get to know Rune a bit. Show Links: CRYPTO101podcast.com Patreon: www.patreon.com/user?u=8429526 Twitter: twitter.com/Crypto101Pod twitter.com/BrycePaul101 twitter.com/PizzaMind www.instagram.com/crypto_101 Facebook: https://www.facebook.com/groups/101Crypto/ https://www.facebook.com/CRYPTO101Podcast/ **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2019 Boardwalk Flock, LLC All Rights Reserved Music: https://www.youtube.com/watch?v=GdWYyqk6pjA Barbarian by Pierlo http://freemusicarchive.org/music/Pie... Creative Commons — Attribution 3.0 Unported— CC BY 3.0 http://creativecommons.org/licenses/b... Music promoted by Audio Library https://youtu.be/GdWYyqk6pjA Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0	Yo, yo, welcome to Crypto 101, the average consumer's guide to cryptocurrency.
0:04.0	This is Matthew Aaron.
0:05.0	Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha.
0:08.0	What happens if you need a little bit of cash?
0:11.0	But all you're doing is holding crypto.
0:13.0	Do you sell your crypto?
0:14.0	Cash it out and then, well, but you don't want to cash it out.
0:17.0	You want to huddle.
0:18.0	You know there's going to be Lambos in your future. Maybe Rari's on
0:22.0	Mars. But what do you do? Well, my next guest, Mr. Rune Christensen, made a solution for you.
0:27.8	Why don't you use your cryptocurrency as collateral to take out a loan? Use that money and
0:32.3	they get your cryptocurrency back when you pay it off. Well, you know what? We're going to learn
0:36.5	all about MakerDow and
0:38.1	Dai Stablecoin directly from Rune himself and I'm excited to talk to him. But before we get
0:43.7	into that conversation, if you're going to be in Japan and you're going to the Teams Summit,
0:48.4	maybe you want to use Crypto 101's promo code. Go to summit.te that's t a m z dot co
0:55.0	jp click their tickets button and use promo code crypto 101 for 30% off your tickets so
1:01.0	if you're gonna be in Japan and you're going to this conference might as well get
1:05.0	30% off by using the crypto 101 promo code also don't forget wherever you're listening to
1:10.0	this episode, make sure
1:11.6	to subscribe, leave us a rating and a comment, share with your friends and family to get them
1:16.3	the 101s on blockchain, cryptocurrency, and digital assets. Don't forget to follow us on social
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