Doctors of DeFi

The trio talks about the increasing global demand for the U.S. dollar, the resulting strength of the dollar negatively impacting emerging markets, and the consequent influx of capital into U.S. assets exacerbating global financial imbalances.

George thinks he has a business that can be tokenized. Austin and Parth help him run through how they'd actually tokenize it, what's in it for the business owner, and how it could work for your business.

Austin and Parth share their expertise on all things altcoin investing. The insane price swings of altcoin aren't for everyone. We'll share a few altcoins that are generally considered good to invest in and what makes certain altcoins stand out. 

The trio talk about the DOJ's charges against Binance, the tldr on what they did wrong, what's affecting rates and markets today, and why people are skeptically optimistic about Argentina's president elect.

We explore Parth's remarkable transition from dental entrepreneurship to the high-stakes world of decentralized finance. As the founder of Root Labs and a significant contributor to the Beanstalk protocol, Parth provides invaluable insights into the challenges and rewards of navigating the crypto realm. We delve into the evolution of Root Labs, its critical role in the recapitalization after Beanstalk's significant exploit, and the vision Parth holds for the future. Whether you're a crypto enthusiast or simply intrigued by unconventional career paths, Parth's story is sure to inspire.

We delve into the complexities of stable coins, distinguishing between convertible ones like USDC, which are backed by tangible assets, and non-convertible types that rely on on-chain values. Highlighting the importance of stable coins in on-chain commerce and the evolving crypto landscape, we also talk about the challenges faced by algorithm-based coins, using the Luna peg crash as a case study. 

The team reflects on their 2023 financial predictions, discussing both their successes and shortcomings. They dive deep into the state of the Defi market, the crypto landscape, the S and P 500's performance, the ongoing recession, and more. Join us as we analyze the past and look forward to what the future might hold.    

Our trio of dental crypto enthusiasts, including our returning co-host Parth Patel, delve into the current bullish sentiment in the crypto space. Austin brings up the intriguing observation that while the crypto sector experienced dips and negative narratives in the past year, Bitcoin has emerged as one of the best-performing assets in 2023, touching the $35,000 mark. Parth highlights the significance of Wall Street's growing interest in the crypto arena, especially with the anticipation of a Bitcoin ETF. This shift offers Wall Street a sustainable business model, allowing them to profitably sell the product of crypto. However, not everything is rosy. The group discusses the irony of Bitcoin's origin as a response to Wall Street's mismanagement of funds and how it's now being advocated for by those very entities. Furthermore, concerns about the actual mechanics behind the ETFs are addressed, particularly if they'll be backed one-to-one by Bitcoin or merely represent 'paper Bitcoin'.

One-conference-per-year Austin went to Texas to attend Permissionless 2023. He talks about the flat vibe, why those vibes are merely regional, and the niche-based future.

The price stabilization that comes with self custody, what we've learned in this bear market, and how that's all changed our thoughts on allocation. 

People are so bored in crypto that they started betting on hamster racing. But what's more, we'll talk about what coins we're interested in, what's on our radar, and George's macro view on the state of DeFi. 

Our new host Parth walks us through his career as a dentist, and how (and why) he got into DeFi. 

George and Austin talk about the Apple Vision Pro, why George hates everything about it, and the increasing amount of millennial minimalists. 

George and Austin talk about AI, what it means for future crypto projects, and why it's already becoming ubiquitous. 

George and Austin talk about a lot of the regulatory issues going on right now with the SEC with Coinbase and Binance and how china and the united states compare in terms of capital controls. 

George and Austin talk about current events with the debt ceiling, and how it pertains to the value of fiat. 

George and Austin talk about investing in seed stage companies, what companies Austin is investing in, and what red flags he always looks for. 

George and Austin talk about the growing presence of DSO's in the dental industry, how industries are growing the wrong way, and the one piece of the dental industry George is really interested in.

George and Austin prove AI is and will continue to be a massive inflection point in human history. Is AI the next smart phone--in terms of technology that drastically changes the world?

George and Austin recap the timeline of events leading up and through this banking crisis.

George, Austin, and Peter talk about their unique perspectives, the chatGPT craze, why good providers will not be "disrupted" by AI, and the new ways to use search engines.

If you don't know where the yield is coming from--it's definitely YOU. George, Austin, and Peter talk about yields going up, why regulators are attacking ETH, and the real yields that are obfuscated in today's market.

George, Austin, and Peter talk about ARK's 153-page PDF; going through takeaways, buying tech early based on actual metrics, convergence, AI, and much more!   Follow along here! https://ark-invest.com/big-ideas-2023/

George, Austin, and Peter talk about what's been happening in crypto news, the bigger issues at play, and encouraging people and how crypto ownership encourages owners to NOT live in the US.

As George details the book The Colossal Failure of Common Sense, we learn the few times that gigantic companies go to ZERO, computers cyclically taking over for humans, and why suckers will always foot the bill.

Since they've crashed, is now the time to buy a bluechip NFT? How (or even does) their value actually sustain over time? Peter and Austin school us on their creation and value.   For more on NFTs, check out literally any website about it and be warned: it could be way off! 

We're on record making predictions for the whole year. When's the next bull run? More fallout from unsustainable elitist financial behavior? We try to guess what short-term-minded people are going to decide--and make the best decision for us.

The gang is back together and we're talking about the evolution of our philosophy, all of our investment theses, and the concept of Dying With Zero.

George and Austin talk behind Peter's back about his bitcoin maximalism, and they give a true, updated comparison between Ethereum and Bitcoin. They'll compare monetary premium, smart contracts, and the problems plaguing both platforms.

With the importance of virtually all social causes bloating unnecessarily, who do we have to blame? Today we're blaming social media algorithms. George also talks about monitoring your own bias, and how to get the most people possible to see things for how they really are.

George and Austin talk about their role reversals, why it's a good time to be a bull, and how to make your economic decisions keeping in mind the nigh guarantee of inflation.

In case you hadn't heard [as of Dec 15, 2022] we're all tired of following Sam Bankman-Fried but Austin catches us up anyway. He and George also talk about successful people shitting on crypto, and the future of things like chatGPT.

George and Austin share George's interpretation of Think And Grow Rich, great buying opportunities now, and exposing yourself to the right things now.

The ups and downs of crypto is why the HODL community HODL's. But the whole point is to buy things, so do you time the market? Austin and George talk about the ups and downs of crypto and how to use it for your advantage.

Paypal fining you for misinformation, Canadian truck drivers blocked from crowdsourced cash..we've learned government and banks can take away access to your own stores of wealth in an instant. Not your keys = Not your coins. Austin gives us the safest way to hold onto our own crypto.   READ: https://diamondapp.com/u/0xAustin/blog/the-ultimate-guide-to-web-30-and-crypto-security?feedTab=Following&tab=posts

With one of the top [once-] trusted exchanges, FTX, going down, the golden boy SBF was just stealing money from everyone. We talk about the media portrayal of FTX, why FTX had fake bitcoin on users' accounts, and why no one was concerned with FTX's liquidity levels before all this happened.

Is Solana the "Ethereum killer"? We talk about the crucial community around blockchain, the adoptability of of Solana, and the underlying technology that will make this all possible for decades.

After talking about what led to this bear market, we find the crypto infrastructure rapidly growing. Are developers and users settling into crypto for the long haul? What are you doing to prepare for the longterm upward trend?

Inflation... During this worldwide fight against fiat, crypto has never been more center stage. We talk about how it effects different market segments and where we're parking our money for the long haul.

George, Peter, and Austin talk about how their businesses are doing as the economy slows down, the fed's dumb decisions this quarter, and the many new things happening in society that have never happened before. Here's the video Peter talked about: https://youtu.be/FBV9GUpVxOw

Peter, Austin, and George talk about the inevitability of decentralized social media. This will effect everyone. Shadow banning, corporate leverage; platforms define the fabric of society. What will this look like in the future?    

The dollar goes down. Real estate goes down. Does crypto just keep chugging along? What we're finding is that's NOT the case. Crypto is purchase with excess wealth...when your real estate is doing well, you have more excess wealth. Find out how oil, real estate, and crypto are absolutely intertwined--and how to use that for your benefit.

Ethereum is transferring from proof of work to proof-of-stake. As one of the biggest events in the history of crypto, our resident Ethereum expert Austin weighs in. History will prove Austin right...or wrong!

Our personal investment capital doesn't come from nowhere; we're all entrepreneurs. We're each heavily involved in that world--even if we're mostly hands off with the day-to-day. Today we'll give a little peak under the hood, so to speak, on our more personal lives as entrepreneurs. 

The word recession is casually being thrown around everywhere. Whether or not it unfolds how we all think it will, there's something on the horizon. Today we'll look at long-ish term investment mindsets--like 12 months. What's happening in the world economy, and how does that impact decentralized finance?

After crypto noobs fell for some low-friction apps, got burned, and cried, "Scam!", we explain why CeFi is not DeFi. Funny thing is CeFi usually lends out YOUR assets to others (sounds like USD). Comparing the pros and cons, we explain--put succinctly--not your keys=not your coins!

As an entrepreneur and as an investor, George is after profit. Speculation is sexy (when it goes right), but we're after stable, steady gains. Among altcoins, that means protocols that earn revenue; that currently actually put money in bank accounts. A coin is not enough. A coin on top of a profitable business model? Now we're interested...

When Three Arrows Capital (3AC) over-leveraged their own users' deposits they went down fast. We regroup after 3AC hurt a lot of retail investors' trust in crypto. When will trust build back (and is this all a big buying opportunity)?

"I'll take profits at 3X...No, I'll sell at 7X!" When does it end? Taking out profits MUST be a part of your strategy. 95% of coins will go to zero. Check out how to protect yourself longterm amid the altcoin maelstrom.

Coming off his emotional roller coaster, Peter shows us that the market is full of inflection points. When markets are calm, it gives context to the craziness that can occur with huge changes. The huge change this week: Blackrock invests in Coinbase with a partnership deal.

Alt coin vs shit coin? Why does the bear market always reduce major coins back to only two? What exactly happened to Luna and how's that going to effect funding for future projects?