There are opportunities right now for people in tech / crypto / media / and mainstream financial services to innovate like never before. This innovation will occur on rails that will hold the trains coming to flatten the status quo standing in the way.
Join me today as I take leap and continue to learn more about the neighborhood in which Bitcoin lives.
I’m increasing getting the sense that the world of finance is going to go through an incredible transformation, which will happen much faster than we can all imagine. There are opportunities right now for people in tech / crypto / media / and mainstream financial services to innovate like never before. This innovation will occur on rails that will hold the trains coming to flatten the status quo standing in the way.
Paul Quickenden from Techemy and Adam Dodds, from Techemynt, are my guests today, along with co-host Paul Spain from the NZ Tech Podcast. What is a stablecoin, and what problem does it solve were the two main questions I brought to the recording today – but during the show I couldn’t help but think that this could be the start something pretty amazing.
Stablecoins have their place already when it comes to rebalancing crypto portfolios and completing transactions quicker than they could be done before, but again, this is only the start of what’s to come. I say that not knowing exactly what’s coming down the pike either – all I can see so far, is a whole bunch of stuff that seems to do the things of traditional finance (thigs like saving, borrowing, investing, creating markets, innovating), way faster, at a lower cost, and in a manner which many mainstream people may soon come to trust.
Stablecoins are going to be used as a fundamental building block by those developing and innovating in financial services going forward– all it is really, is part of a bridge – a bridge in between the current and the new - some say it’s a bridge to nowhere, others, a bridge too far. I personally don’t think it’s a bridge over the river KWAI, but it’s certainly a bridge over troubled waters.
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