Unconfirmed: MIT's Neha Narula on Why Building DeFi on Bitcoin Is a Great Idea - Ep.257

Unchained

Laura Shin

News, Tech News, Business News

4.6 • 1.3K Ratings

🗓️ 23 July 2021

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Neha Narula, director of the Digital Currency Initiative at the MIT Media Lab, discusses Elon Musk’s appearance at ‘The B Word’ conference, along with a few current events in the Bitcoin world. Show highlights: her main takeaway from ‘The B Word’ conference why governance plays an essential role in Bitcoin’s block size arguments what Neha thinks of proof-of-work mining and Bitcon’s environmental concerns why Neha is skeptical of Dogecoin becoming a serious cryptocurrency why Jack Dorsey’s new Bitcoin platform business is a good idea what Bitcoin’s dip in hashrate due to China’s crackdown could affect network security going forward what questions Neha has about Bitcoin’s adoption in El Salvador why Neha thinks cryptocurrencies and CBDCs will coexist what DCI has planned for the rest of 2021 Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 Oasis: https://oasisprotocol.org/ NEAR: https://near.org Episode Links: Neha Narula: https://twitter.com/neha MIT Media Lab: https://twitter.com/medialab Digital Currency Initiative https://dci.mit.edu/ CBDC research https://dci.mit.edu/cbdc-central-bank-digital-currency Bitcoin network development https://dci.mit.edu/cbdc-central-bank-digital-currency The B Word conference Elon Musk, Jack Dorsey, Cathie Wood conversation: https://www.youtube.com/watch?v=Zwx_7XAJ3p0 Neha’s appearance: https://www.thebword.org/c/track-3-Supporting-the-Developer-Ecosystem Miscellaneous Square’s Bitcoin DeFi platform https://www.cnbc.com/2021/07/16/square-is-building-a-decentralized-finance-business-for-bitcoin.html Bitcoin and El Salvador https://www.cnbc.com/2021/06/05/el-salvador-becomes-the-first-country-to-adopt-bitcoin-as-legal-tender-.html Bitcoin hashrate drop https://www.cnbc.com/2021/06/15/chinas-bitcoin-miner-exodus-.html Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hi everyone, welcome to Unconfirmed, the show that reveals how the marquee names in
0:08.2	crypto are reacting to the week's top headlines and gets the inside skip on what they see
0:12.2	on their horizon.
0:13.2	I'm your host, Laura Shin, a journalist with over two decades of experience.
0:17.4	I started covering crypto six years ago and as a senior editor at Forbes was the first
0:21.8	mainstream media reporter to cover cryptocurrency full-time.
0:25.2	This is the July 23rd episode of Unconfirmed.
0:28.9	My book, The Cryptopians, Idealism, Greed, Lies and the making of the first big cryptocurrency
0:33.3	craze is available for pre-order on Amazon, Barnes and Noble, bookshop.org or any of your
0:38.4	favorite bookstores.
0:39.7	Go to bit.ly slash cryptopians, that's b-i-t dot l-y slash c-r-y p-t-o p-i-a-n-s.
0:48.6	The crypto.com app pays you up to 8.5% interest on your bitcoin.
0:53.1	Get $25 when you download the crypto.com app with code Laura.
0:57.6	The link is in the description.
0:59.9	Mirror is an open source platform that accelerates the development of decentralized applications,
1:05.4	overcoming high fees and slow speeds with its fast, scalable, low-cost and climate-neutral
1:10.6	blockchain protocol.
1:12.4	Learn more at n-e-a-r dot o-r-g.
1:16.6	The Oasis Network is a privacy-enabled blockchain platform for open finance and a new data economy.
1:22.7	Start building your next idea on the Oasis Network.
1:26.8	Today's guest is Neha Narula, Director of the Digital Currency Initiative at MIT Media
1:31.7	Lab.
	...

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