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The James Altucher Show

The Relationship between Bitcoin, Money and Trust with Omid Malekan

The James Altucher Show

James Altucher

Education, Business

4.62.7K Ratings

🗓️ 28 June 2022

⏱️ 67 minutes

🧾️ Download transcript

Summary

Like Omid Malekan, the author of The Story of the Blockchain, A Beginner's Guide to the Technology That Nobody Understands has said, money is primarily a trust-building mechanism.In this episode, after teasing so long, finally, Omid Malekan, comes on to talk about his new book, Re-architecting Trust, The Curse of History and The Crypto Cure for Money, Markets, and Platforms. We talked about the evolution from the barter system to gold, to cash to bitcoin. We also talked about the relationship  between trust and money, and how would that translate into Bitcoin and crypto!All and all, this is the 101 of Bitcoin, Crypto, Trust, and Money!Visit Notepd.com to read more idea lists, or sign up and create your own idea list!My new book Skip The Line is out! Make sure you get a copy wherever you get your new book!Join You Should Run For President 2.0 Facebook Group, and we discuss why should run for president.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.Thank you so much for listening! If you like this episode, please subscribe to "The James Altucher Show" and rate and review wherever you get your podcasts:Apple PodcastsStitcheriHeart RadioSpotify Follow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

This isn't your average business podcast and he's not your average host.

0:06.8

This is the James Altiger show.

0:13.3

Omid Malacan, crypto genius extraordinaire, your book is the best book I've ever read

0:20.8

about Bitcoin.

0:22.1

We are detecting trust, the curse of history and the crypto cure for money, markets and

0:26.6

platforms.

0:27.6

We've been promising to talk about this book for several sessions in a row, but now I've

0:31.8

read it and we finally get a chance to talk about it.

0:34.2

So welcome on the podcast once again.

0:36.8

Thank you James and it's quite a compliment coming from you because you've been in crypto

0:40.8

for quite a while now and I'm sure come across lots of crypto books.

0:44.4

Well, what I like about this book is that, A, you explain from the ground up, the history

0:51.1

of money and we'll dive a little deeper into that because there's some twists that I didn't

0:55.8

expect and you show how Bitcoin is a natural evolution of money and many authors including

1:03.4

myself have done this before, but I like the very unique stance you take and it kind of

1:08.2

underlines why Bitcoin is not only a natural evolution, but a necessary evolution and you're

1:14.4

able to explain all these complicated things ranging from DeFi to decentralized autonomous

1:21.2

organizations to what a store of value is, all these complicated things that people have

1:26.2

trouble with, but you do it in a very simple manner.

1:28.5

It's very easy to understand.

1:30.0

So all together as a, as a people should read this if they want to really understand what

1:36.7

Bitcoin is with a capital B and what cryptocurrencies are and potentially what the future of where

...

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