MICHAEL KONG, CEO of Fantom - DeFi & Blockchain - Why Scalability Is Key To Future Ecosystem Growth
London Real
Brian Rose
4.4 • 1.9K Ratings
🗓️ 13 February 2022
⏱️ 124 minutes
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Summary
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Transcript
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| 0:00.0 | Hey guys, I identified this like, you know, scam coin, it could be like printed to infinity |
| 0:06.4 | There's only one node, no one has control over it except for that one node, you know, it's government of force |
| 0:12.3 | Oh wait, that's like, you know, fear of currency, it's right, and that's an answerable way to describe it because the biggest issue |
| 0:18.3 | The biggest political issue in my opinion, you know, it's not like climate change. It's not about you know |
| 0:22.7 | Like civil rights or anything like that. What it is about is about money. It's about what what kind of money do you want to use? |
| 0:29.0 | You're 28. How do you keep the faith in those tough years of like 1819? |
| 0:33.5 | There must have been very challenging. Like how do you make it through those times? |
| 0:36.8 | Obviously it was like a tough period of time. I'm going to be honest, like there were like a number of times where I felt like I just wanted to like leave |
| 0:43.7 | Right, because things were like pretty bad and things were just very difficult but for like some reason |
| 0:48.4 | I think it's because I generally don't like to be with her. I generally like to, you know, try and find hard |
| 0:55.3 | So that's kind of why I like I stuck around and also, you know, just in terms of like rock chains overall |
| 1:00.9 | In my opinion, when you're working on rock chains, you're basically like betting against government monetary policy |
| 1:07.0 | You're betting against, you know, government, physical policy where they're just spending a whole bunch of money to buy people's clothes |
| 1:13.0 | And so, rock chain is like the alternative kind of system to that. Resort based on monetism |
| 1:17.7 | Is based on building like new applications that are kind of like separate from like government institutions |
| 1:24.6 | Where it's it's the people that really control those applications. They're like peer-to-peer applications |
| 1:28.9 | Right, rock chains are going to become much much much bigger than they are currently |
| 1:33.2 | But I think in the long term, this is a real technology that's here to stay and I definitely like want to be a part of it |
| 1:50.4 | The world is changing |
| 1:53.4 | Inspiration is everywhere |
| 1:59.2 | It has never been so easy to connect share and bring people together |
| 2:05.7 | We're learning from others and finding the best in ourselves |
... |
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