The Interview- w/ Simon Dixon & Raoul Pal- Banking the Future
Real Vision: Finance & Investing
Real Vision
4.1 • 1.1K Ratings
🗓️ 23 August 2020
⏱️ 72 minutes
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| 0:00.0 | Simon good to get you on Real Vision. If you can give a bit of background about |
| 0:16.0 | yourself so people know who you are and and then we can start digging into |
| 0:20.0 | some things. Sure, yeah, so my journey in finance and crypto has been a 20 year journey when I started in economics, started working in |
| 0:32.0 | investment banking, worked as a stockbroker, then a market |
| 0:35.4 | maker, then in corporate finance. |
| 0:38.1 | And then through the corporate towel in 2006 and started giving lectures on monetary reform. I joined a movement called the monetary reform movement, which was a precursor to the Bitcoin. |
| 0:50.0 | I started giving some lectures and got myself invited to the first |
| 0:54.3 | Bitcoin conference, wrote a book called Bank to the Future, Protect Your |
| 0:58.5 | Future before governments go bust, which was the first published book in the |
| 1:02.2 | world to include Bitcoin and now an investor |
| 1:06.2 | in about a hundred different companies in the industry from coin-based to Krakhan, |
| 1:10.9 | bit Stamp, Bit-Fin, and many others, and founded a platform called Bank to the Future.com |
| 1:16.7 | which allows investors to invest in the equity of companies in the Bitcoin and crypto and FinTech industry. |
| 1:24.4 | So talk to me about discovering your journey of discovering Bitcoin and then starting to think about the space |
| 1:31.0 | and then we'll move into the investments that you made and some of that stuff. |
| 1:34.7 | But I'd love to know how the hell you got into it? |
| 1:37.3 | Yeah, sure. So it was, when I was writing the book bank to the Future, I was really going geeky and diving deep into many of the problems in banking. |
| 1:48.0 | I even started reading like Bancrot Act papers for the Bank of England and various other things. |
| 1:55.4 | What were the main problems you were seeing when you were looking at that? |
| 1:59.3 | So I summarized it into three main problems of banking that we were trying to find a solution for. |
| 2:04.0 | The first is that when you deposit your money with a bank, the bank becomes a legal owner of your |
| 2:08.8 | money, which really subjects it to bailings and other things. |
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