Ep. 572 Exploring Layer 2 Competitions with HAI
CRYPTO 101
Bryce Paul & Brendan Viehman
4.6 • 821 Ratings
🗓️ 7 November 2023
⏱️ 36 minutes
🧾️ Download transcript
Summary
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In this episode of Crypto 101 we talk to Reza Jafery from the HAI team. Reza is a veteran in the crypto space and is recognized as a top blogger in the space so it was great to dive into HAI’s vision as it competes in the ever growing Layer-2 space. HAI is a multi-collateral controlled-peg stable asset that puts decentralization first. Enjoy the conversation around Layer-2s, stablecoins, and DAO governance.
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Transcript
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| 0:00.0 | All right, everybody, welcome back all you good, wonderful citizens of Crip Nation. |
| 0:16.0 | It's Bryce, and today I am joined by Reza Joffrey, who is the co-founder of a decentralized stablecoin called Hi, amidst many other things he's doing in the crypto space of which we will dive into in just a bit. |
| 0:31.2 | But this is a big one, and we're excited to have Reza on the show. |
| 0:35.2 | So Reza, welcome, and how are you doing today? |
| 0:39.2 | I'm doing great. Thank you. |
| 0:46.1 | How about yourself? No complaints. Sunny San Diego very rarely elicits a complaint from me. |
| 0:53.0 | So, yeah, things are really good. And, you know, teams growing. Things are, you know, we're in the builder season of the market. |
| 0:54.7 | Obviously, not a huge lot of price action, but you see the fake Bitcoin ETF announcement the other day. |
| 1:04.1 | Oh, man. |
| 1:04.4 | That's shot Bitcoin to 30K. |
| 1:06.6 | Yeah. |
| 1:06.9 | And then the Coin Telegraph editor-in-chief's response to it of basically being like, |
| 1:11.6 | well, really, it's the market's fault. |
| 1:13.6 | It's the people's fault. |
| 1:16.1 | Yeah, she blamed it on society, I think was her words, that like everybody's trying to be quickest to the punch with headlines. |
| 1:23.6 | But really, her intern got duped by some scammer on telegram and there was apparently no checks |
| 1:29.7 | and balances there for what gets posted. |
| 1:32.2 | Yeah. |
| 1:32.5 | Honestly, my biggest takeaway from all of that was I was surprised at how many people still |
| 1:37.4 | trust Coin Telegraph. |
| 1:41.2 | Yeah, that definitely tarnished their reputation there. Got to check your sauces, you know, |
| 1:49.0 | got to check your sauces. Got to. But man, let's dive in, Reza into a little bit about your |
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