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Blackrocks Head of Crypto Sees Bitcoin as Risk Off Asset Despite Stock CorrelationHKMA Alerts Public of Fraudulent Website and Social Media Page Impersonating Dah Sing BankSEC charges and settles with TrueCoin, TrustToken over fraudulent TrueUSD claimsEthereum is a dictatorship claims Cardano founder Charles Hoskinson
Overnighters, Episode 590: Google AI Fights Money Laundering Coinbase's SCOTUS Win Trader Shorts TUSD for $4M and More Collect the Cover: https://awrd.gg/5737 The TL;DL Google AI Fights Money Laundering - Google Cloud launches Anti Money Laundering AI service, aiming to enhance detection of money laundering activities and reduce false positives. Coinbase's SCOTUS Win - US Supreme Court allows Coinbase to pause customer lawsuits, enabling the crypto exchange to focus on appeals and potentially setting a legal precedent. Celsius Accuses Wintermute of Wash-Trading - Celsius Network's creditors accuse Wintermute of assisting in wash trading, a practice that falsely inflates trading volumes. MetaBirkin Shut Down by Hermes - French luxury fashion house Hermès wins legal battle against MetaBirkin creator Mason Rothschild, halting all sales of MetaBirkin NFTs. Trader Shorts TUSD for $4M - A savvy trader leverages Aave's v2 lending platform to short TUSD for $4M, capitalizing on TrustToken's decision to halt minting and redemption of TUSD. FTX Claim used as Collateral - A creditor of the bankrupt cryptocurrency exchange FTX uses a claim as collateral for a loan in the DeFi protocol Arcade, marking a first in on-chain loans. Crypto Overnighter Podcast (6/25/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice. Email: nick@cryptoovernighter.com Salem Friends of Felines: https://sfof.org/ Twitter: https://twitter.com/CryptoCorvus1 Patreon: https://www.patreon.com/user?u=67416221
Private lending has been booming over the past few years amongst high net worth individuals & institutions due to the ability to make superior returns; sometimes as much as 10%+. In this episode, we are joined by Mike & Bill from newly rebranded Archblock (formerly TrustToken) which seeks to allow retail investors the opportunity to invest in private lending deals through the blockchain. These opportunities had been previously locked away due to the many structural barriers that exist in this industry. Tune into the show to learn how you can participate in this lending revolution and much more! Links: https://linktr.ee/cryptoleviathan ArchBlock Contact Information Website: https://www.archblock.com/ Twitter: https://twitter.com/Archblock_
Rafael Cosman is the CEO & Co-founder of TrustToken, the core team building TrueFi into the protocol for global lending. TrueFi lets portfolio managers launch uncollateralized lending opportunities on-chain to a global base of lenders and borrowers. Since November 2020, has completed $1.5B of origination and +$1B of repayments with no defaults. Prior to TrustToken, Rafael helped build StreetCode, a non-profit that teaches East Palo Alto youth technical skills, and worked at Google Brain, Palantir, and Kernel. Rafael graduated from Stanford University with a Bachelor's Degree in Computer Science. In his free time, you'll find Rafael reading or surfing.Connect with Behind Company Lines and HireOtter Website Facebook Twitter LinkedIn:Behind Company LinesHireOtter Instagram Buzzsprout
Use code JACK250 to get $250 off tickets to Blockworks Digital Asset Summit https://blockworks.co/events/digital-asset-summit-2022-new-york/ Use code “guidance” to get 50% off Blockworks Research: https://www.blockworksresearch.com/si… Bill Wolf, Chief Investment Officer at TrustToken/TrustLabs joins Jack Farley to talk about all things blockchain: his journey into this new form of currency, real GDP loans, and stablecoins. Bill and Jack talk about TrustToken and the services its business offers in the trading and lending space. What red flags does TrustToken find to help other firms who are looking to invest or take out loans? While struggling lenders in the CeFi space had no choice but to declare bankruptcy, Bill tells Jack that his company TrustToken has never had a single default on its platform. Watch to find out how his company avoided risks that have taken many other companies out. Filmed the afternoon of August 2, 2022. Be on the lookout for The Investors Guide to TrueFi Capital Markets, coming out soon on Blockworks.co. -- Follow TrustToken on Twitter https://twitter.com/TrustToken Follow Jack on Twitter https://twitter.com/JackFarley96 Follow Blockworks on Twitter https://twitter.com/Blockworks_ -- Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- (00:00) Introduction (00:55) Bill's Journey into Blockchain (07:58) Real GDP Loans on Blockchain (17:05) Stablecoins (23:26) Tether (26:08) TrustToken's Structure (38:05) Lending Terms (47:34) Interest Rate Risks (49:13) Fee Structure (53:15) Definition Of A Credit Loss (57:25) Lender Protections (59:45) Correlation Risk (1:08:47) "We're All Going To Pay For The Sins of Others" (1:10:24) The Future Of Blockchain Lending (1:13:57) The Fed -- Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
Rafael Cosman is the CEO & Co-founder of TrustToken. Prior to TrustToken, Rafael helped build StreetCode, a non-profit that teaches East Palo Alto youth technical skills, and worked at Google Brain, Palantir, and Kernel. TrustToken enables the tokenization of today's $256 trillion worth of real-world assets by creating asset tokens that are legally enforceable, auditable, and collateralized. It has developed a legal framework for currency and asset tokenization in collaboration with Cooley, WilmerHale, and White & Case, and has a growing network of fiduciary, compliance, and banking partners. Listen to this podcast and know Rafael's interesting entrepreneurial journey. Please Enjoy! Would you please consider being 1% and leaving a short review on Apple Podcasts/ iTunes if you enjoy the podcast? It takes less than 30 seconds, and it makes a world of difference in reaching new interesting guests! To sign up for Kevin's Podcast email Newsletter and to view the show notes & past guests please visit-https://officialkevindavid.com/podcast Follow Kevin: https://mmini.me/@FollowKD
In today's episode, we have Rafael Cosman, the CEO and a co-founder of TrustToken, developers of the decentralized lending protocol TrueFi. Prior to TrustToken, Rafael helped build StreetCode, a nonprofit that teaches East Palo Alto youth technical skills, and worked at Google Brain (Google's AI research division), Palantir and Kernel. ____________________ Explore our real estate projects: http://marketplace.solidblock.co Become a tokenization expert: https://www.solidblock.co/course
According to Rafael Cosman, CEO of TrustToken, this is not a time that anyone participating in the cryptosphere should be panicking, This is the time when builders are building, and investors are Investing! Join the host of Crypto and Blockchain Talk, Aviva Ounap, as she talks to Rafael about the state of the crypto marketplace, the latest news, and his company, TrustToken! In addition, all interviews are streamed on Crypto24Radio.com, bringing you the latest news on all things blockchain and crypto-related all day, every day - plus music! So stay tuned and enjoy. We LOVE having you as our listener, and friend! __________________________ Do you want us to talk about your project or company? Email us: education@saviidigital.com Disclaimer: NOT FINANCIAL ADVICE The information on this channel/website is provided for education and informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. The information contained in or provided from or through this channel is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice. The information on this channel/website and provided from or through this channel/website is general in nature and is not specific to you, the user, or anyone else. This channel/website is not a substitute for financial advice from a professional who is aware of the factual circumstances of your individual situation. You should not make any decision, financial, investment, trading, or otherwise, based on any of the information presented on this channel/website without undertaking independent due diligence and consultation with a professional broker or financial advisor.
In this week's Espresso, we cover updates from Neon, Hireline, Velvet, and more!Outline of this episode:[00:27] - Velvet announces $200M funding.[00:59] - Neon becomes a unicorn after a $300M round.[01:35] - delt.ai processes $25M in debt financing from TrustToken[02:07] - Interview with José de la Luz López Sanguino, delt.ai's CEO[07:54] - Financial Health Innovation Fund announces new investments[08:35] - Viva Translate announces $4M in funding.[09:11] - New Crossing Borders episode with Luis Rubén Chávez.Resources & people mentioned:Companies & Startups: Velvet, Neon, delt.ai, TrustToken, Finerio Connect, Chari, Hireline, Viva Translate, ZenfiVC funds, Institutions, Accelerators: BBVA, Y Combinator, Village Capital, MetLife FoundationPeople: José de la Luz López Sanguino, Nick Grassi, Luis Rubén Chávez, Nathan Lustig
This podcast episode is sponsored by Payhawk. Payhawk is the most efficient credit card backed by powerful financial software to help companies stay in control of their spend. Try efficient, paperless, compliant spending today. Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below:
In this episode of The Remote CEO Show, I had the pleasure to interview Michael Gasiorek. Michael runs Truth Cartel which functions like a plug and play marketing department for emerging technology companies. They have worked with clients such as Algorand, TrustToken, Oracle, and EMX. He also runs Medium's largest crypto & blockchain publication. He's an Entrepreneur in Residence @ NYC's dLab blockchain accelerator & mentor @ world-leading biotech accelerator IndieBio, advising startups on marketing, sales, content, and media relations.
Crypto loans and other similar financial instruments are mostly uncharted territory for cryptocurrency. Headway is being made, however, with different iterations coming out. In this episode, Monika Proffitt interviews the head of growth for TrustToken, Michael Gasiorek and they discuss this exciting new product in the land of crypto. Listen in as Michael shares his insights on the growth of crypto loans, the rise of the DAO and why crypto and blockchain is the future of financial instruments. Tune in for more dynamic insights on the crypto and blockchain space here.Love the show? Subscribe, rate, review, and share!Here's How »Join the New Trust Economy Community today:newtrusteconomy.comNew Trust Economy FacebookNew Trust Economy YouTubeTracy Hazzard LinkedInMonika Proffitt LinkedIn
Is there any better feeling than trying on a new pair of jeans and finding the perfect fit? Of course not. We have a whole movie franchise based on how great of a sensation that is (Sisterhood of the Traveling Pants, for those looking for a movie recommendation)! When it comes to staple wardrobe items—a good pair of jeans is at the top of the list. And surprisingly, we have the Gold Rush to thank for that.When Levi Strauss moved to California in the 1850s, he found a community of men bonding over the hard labor of mining for gold and the constant chafing of their thighs. Though gold could be found in the river, Levi realized that an empire could be built on land. He started a general store and his blue jeans took off. Strauss provided a service that supported the community of miners, and he created something that could bring them even closer together. Our guest today is doing much the same.Michael Gasiorek is the Head of Marketing at TrustToken, where he's created an entire community that's bonded over the only thing more powerful than chafing: cryptocurrency. He's mastered how to foster a close-knit community between CX leaders and their customers, and he's sharing how we can do the same. --------"Change is coming and it's going to ripple out through every possible financial sector. Money as we know it is going to change...I think it's going to increase accessibility to financial opportunity for all. It's going to chip away a little bit at the calcified centers of power. And it's going to really create more of a meritocracy around money.” - Michael Gasiorek--------Time Stamps* (0:00) Eureka!* (7:16) Understanding crypto* (8:54) How to build a digital community* (11:22) Navigating the customer flywheel* (15:46) Crypto is eating finance--------SponsorThis podcast is presented by Oracle CX. Hear more executive perspectives on CX transformation at Oracle.com/cx/perspectives--------LinksConnect with Michael on LinkedInCheck out TrustTokenCheck out Truth Cartel
Today on EP. 187 of the BlockHash Podcast, CEO Rafael Cosman and Brandon Zemp discuss TrustToken TrueFi, TrueUSD, DeFi and more. Learn how you can build a credit history on blockchain and even receive an uncollateralized loan. Listen to the full episode wherever you go on Anchor, Spotify, Apple, Google, Amazon Music and more! The podcast is available on… Apple Podcasts: https://podcasts.apple.com/us/podcast/blockhash-exploring-the-blockchain/id1241712666 Amazon Music: https://music.amazon.com/podcasts/6dc84ee4-845b-4bea-b812-b876daab2c7e/BlockHash-Exploring-the-Blockchain Spotify: https://open.spotify.com/show/4AGqU8qxIYVkxXM4q2XpO1 Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy9iNmNhNWM0L3BvZGNhc3QvcnNz Website: www.blockhashpodcast.com On Social Media… Website: https://www.trusttoken.com/ Twitter: https://twitter.com/RafaelCosman Twitter: https://twitter.com/TrustToken Twitter: https://twitter.com/tusd_official Find Brandon Zemp & the podcast on Social Media… Instagram: https://www.instagram.com/theblockhash/ Instagram: https://www.instagram.com/zempcapital/ Twitter: https://twitter.com/zempcapital Facebook: https://www.facebook.com/theblockhash LinkedIn: www.linkedin.com/in/brandonzemp NFTs by BlockHash… OpenSea: https://opensea.io/collection/zemp OpenSea: https://opensea.io/collection/kiseokkim OpenSea: https://opensea.io/collection/officialcryptoghosts Sign up for the newsletter… (FREE) Blockchain Weekly: https://www.getrevue.co/profile/zemp (MEMBERS ONLY) Blockchain Insider: https://www.getrevue.co/profile/zemp/members
The acquisition doubles TrustToken's team size, quadruples the company's technical talent, and brings in senior technical and design leadership to take TrustToken's mission to the next level.
In this episode of CRYPTO 101, brought to you by Masterworks.io, we talk with Rafael Cosman of TrustToken about the importance of Stablecoins in the market, and how DeFi projects are changing the world of finance. Sponsored link: www.masterworks.io/crypto101 www.masterworks.io/about/disclaimer Guest Links: https://twitter.com/rafaelcosman https://twitter.com/TrustToken https://www.trusttoken.com/ Show Links: https://CRYPTO101podcast.com Patreon: www.patreon.com/user?u=8429526 Twitter: https://twitter.com/Crypto101Pod https://twitter.com/BrycePaul101 https://twitter.com/PizzaMind https://instagram.com/crypto_101 Facebook: https://www.facebook.com/groups/101Crypto https://www.facebook.com/CRYPTO101Podcast **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2021 Boardwalk Flock, LLC All Rights Reserved ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Fog by DIZARO https://soundcloud.com/dizarofr Creative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0 Free Download / Stream: http://bit.ly/Fog-DIZARO Music promoted by Audio Library https://youtu.be/lAfbjt_rmE8Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
In this episode of CRYPTO 101, brought to you by Masterworks.io, we talk with Rafael Cosman of TrustToken about the importance of Stablecoins in the market, and how DeFi projects are changing the world of finance. Sponsored link: www.masterworks.io/crypto101 www.masterworks.io/about/disclaimer Guest Links: https://twitter.com/rafaelcosman https://twitter.com/TrustToken https://www.trusttoken.com/ Show Links: https://CRYPTO101podcast.com Patreon: www.patreon.com/user?u=8429526 Twitter: https://twitter.com/Crypto101Pod https://twitter.com/BrycePaul101 https://twitter.com/PizzaMind https://instagram.com/crypto_101 Facebook: https://www.facebook.com/groups/101Crypto https://www.facebook.com/CRYPTO101Podcast **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2021 Boardwalk Flock, LLC All Rights Reserved ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Fog by DIZARO https://soundcloud.com/dizarofr Creative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0 Free Download / Stream: http://bit.ly/Fog-DIZARO Music promoted by Audio Library https://youtu.be/lAfbjt_rmE8
Michael Gasiorek is the CEO of Truth Cartel, a marketing agency specializing in emerging technologies. He's also the Head of Growth at TrustToken, a top stable coin company moving billions of dollars globally every month. He's also the owner of The Crypto, Medium's largest blockchain-focused publication. He made waves in the content space as the editor in chief at Grind. To top it off, he grew Startup Grind to a massive readership—over 1 million readers per month. How did he do it? How did he build tremendous authority in their space? Find out in this episode of Content Callout!Outline of This Episode[2:14] Three tips, tactics, + strategies[3:36] The four pillars of authority[14:49] The 5 P's of content marketing[28:01] How to connect with Michael[29:56] The four horsemen of authorityResources & People MentionedTrustToken: https://www.trusttoken.com/The Crypto: https://medium.com/cryptoStartup Grind: https://www.startupgrind.com/AI Dungeon: https://play.aidungeon.io/main/landingMarketing Brew: https://www.morningbrew.com/marketingThe Hustle: https://thehustle.co/Connect with Michael Gasiorekmg(at)truthcartel.comFollow on Twitter: https://twitter.com/gasiorekmTruth Cartel: https://www.truthcartel.com/Connect With the Content Callout Teamhttps://ContentCallout.com Subscribe to CONTENT CALLOUT onApple Podcasts, Spotify, Google Podcasts
In this episode of Startup Happy Hour, we're talking to Rafael Cosman, the founder and CEO of TrustToken. Decentralized finance and cryptocurrency are grabbing headlines all over the world today, and Rafael is here to share his insights about this space and what TrustToken is aiming to do. He explains what TrustToken is and how it works, and we talk about the importance of crypto and what it means for the overall economy. Rafael shares some ideas on how decentralized finance can solve many of the problems with today's financial systems, and outlines some of the advantages of crypto over fiat money. Rafael also talks about what compelled him to create TrustToken and tells us what's next for the project. He gives his predictions on where the decentralized finance space will be in ten years and talks about his journey as an entrepreneur along with some lessons for aspiring founders. You can reach Rafael on Twitter - let him know you found him through the Startup Happy Hour podcast. And don't forget to check out TrustToken at the link below! TrustToken: https://www.trusttoken.com/ SUBSCRIBE to Startup Happy Hour to get episodes like this delivered to your device every Tuesday! WEBSITE: https://www.startuphappyhourpodcast.com/ INSTAGRAM: https://www.instagram.com/startuphappyhour/ CONNECT with Diana on LinkedIn: https://www.linkedin.com/in/dianadchen/ TWEET at Diana: https://twitter.com/ddwchen
I recently had the chance to discuss TrustToken with Rafael Cosman who is the CEO and co-founder there. We covered what stablecoins are, the need for them, what they've built, and their Defi protocol called TrueFi. TrustToken are the makers of the 1st compliant, independently attested digital dollar TUSD and 4 other global fiat-backed stablecoins, and the more recently launched DeFi protocol TrueFi, the deFi protocol for uncollateralized lending. You can earn high yields on stablecoin loans and borrow capital without collateral. Trusttoken aims to be the money for the new global financial system. TrustToken frees money to move to wherever it creates the most value – instantly.
I recently had the chance to discuss TrustToken with Rafael Cosman who is the CEO and co-founder there. We covered what stablecoins are, the need for them, what they’ve built, and their Defi protocol called TrueFi.TrustToken are the makers of the 1st compliant, independently attested digital dollar TUSD and 4 other global fiat-backed stablecoins, and the more recently launched DeFi protocol TrueFi, the deFi protocol for uncollateralized lending. You can earn high yields on stablecoin loans and borrow capital without collateral.Trusttoken aims to be the money for the new global financial system. TrustToken frees money to move to wherever it creates the most value – instantly.
On this episode, Richard sits down with Rafael Cosman to talk about his team's new DeFi protocol for uncollateralized lending, called TrueFi. Prior to TrustToken, Rafael helped build StreetCode, a non-profit that teaches East Palo Alto youth technical skills, and worked at Google Brain, Palantir, and Kernel. Rafael graduated from Stanford University with a Bachelor’s Degree in Computer Science. In his free time, you’ll find Rafael reading or surfing. About TrustToken TrustToken is modernizing financial infrastructure to make economic opportunities open to all. TrustToken’s TrueFi platform brings uncollateralized lending on-chain, offering lenders high earning rates with full transparency of how their funds are used, and borrowers the ease of fast, fixed-rate, fixed-term loans without collateral requirements. The company’s TrueCurrencies (TUSD, TGBP, TAUD, TCAD, THKD) are the world's fully collateralized stablecoins attested live on-chain, now moving billions in monthly trade volume across +100 trading partners including Binance, Huobi, and OKEx. TUSD users enjoy lighting-fast transactions, easy minting and redemptions, and obsessive customer service. Links https://truefi.io/ (https://truefi.io/) https://www.trusttoken.com/ (https://www.trusttoken.com/) ~ Disclaimer: Richard Carthon is the Founder of Crypto Current. All opinions expressed by members of the Crypto Current Team, Richard or his guest on this podcast are solely their opinions and do not reflect the opinions of Crypto Current. You should not treat any opinion expressed by Richard as a specific inducement to make a particular investment or follow a particular strategy but only as an expression of his opinion. This podcast is for informational purposes only. ~ Want to learn more about cryptocurrency? Check out our http://crypto-current.co/blog/ (blog) and follow us on https://twitter.com/_cryptocurrent_ (Twitter), https://www.instagram.com/cryptocurrent_/ (Instagram), https://www.youtube.com/channel/UC0M1oMbt69WLqBF0DZdNbcQ (YouTube), https://www.joinclubhouse.com/club/crypto-current (Clubhouse),https://www.linkedin.com/company/crypto-current-llc/ ( )https://www.uptrennd.com/user/NDQ2Mg== (Uptrennd), and https://www.linkedin.com/company/crypto-current-llc/ (LinkedIn) for even more educational content. ~ Stay up to date with the latest crypto news by opting-in to our https://pages.rasa.io/signup/crypto (newsletter)! You’ll receive personalized daily emails and curated content, powered by artificial intelligence. ~ Are you an Accredited Investor looking to invest in cryptocurrency? Check out http://crescentcitycapital.com (Crescent City Capital). ~ We hope you are enjoying our content! If you found this content valuable and you’re willing to support us in creating even better educational content, we greatly appreciate crypto donations. BTC: 3BpSmgS8h1sNtbk6VMiVWxoftcwBxAfGxR ETH: 0x743c0426CE838A659F56aFC4d3c10872d758EC79 LTC: MKCpf3qEVfT6yprhDhkJJcdNpqh5PZXSbx
Rafael Cosman, cofounder and CEO of TrustToken, joins the show to talk stablecoins and TrueFi, their non-fully collateralized lending protocol. In this episode: TrustToken's various stablecoins that they administer The real-time stablecoin attestations TrustToken has done with Armanino How a real time attestation works Why the USD is so disproportionate in market share among stablecoins Why DeFi is potentially the killer app for stablecoins today Why Trust Token built a global fx currency basket Why overcollateralized lending doesn't necessarily constitute lending in the traditional sense How TrueFi introduces uncollateralized lending into DeFi How underwriting and credit creation works in a public blockchain context How legal contracts are introduced into DeFi Howo the TrueFi system incorporates revisions in creditworthiness How on-chain credit scores could proliferate and be used on a cross-platform basis How privacy is compatible with on-chain credit scoring Rafael's explanation for structurally high interest rates in DeFi The contrast between crypto yields and legacy yields
dlab Program Manager Paul Saint-Donat chats with Rafael Cosman, cofounder and CEO of TrustToken about its recent push into uncollaterized lending, credit scoring, listening to your customers, and more.
DeFi and the Future of Stablecoins While we have discussed both DeFi and stables on this show several times, it’s always interesting to get fresh perspective from others innovating this space. That’s why we’re pleased to bring you a candid talk with Rafael Cosman of TrustToken. As the creator of the True USD stablecoin, Rafael knows things and stuff and some other things. That’s good because we only know stuff and need to learn more about the things. Come along with us on a journey on the DeFi and Stablecoin rabbit hole, and get ready for some honest talk about USDT, the Tether coin, on this stuff, things, more stuff Full Show Notes at: http://badco.in/491 SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunes Google Podcasts: http://badco.in/google Spotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @BadCrypto - @joelcomm - @teedubya Facebook: /BadCrypto - /JoelComm - /teedubyaw Facebook Mastermind Group: /BadCrypto LinkedIn: /in/joelcomm - /in/teedubya Instagram: @BadCryptoPodcast Email: badcryptopodcast[at]gmail[dot]com Phone: SEVEN-OH-8-88FIVE- 90THIRTY DONATE CRYPTO TO THE SHOW: If you'd like to donate a bit of cryptocurrency to The Bad Crypto Podcast, feel free to send copious amounts to the following locations: $BTC: Bitcoin: 3GMgCH4dFUHSLdrPnLwEsfKPVnLnoGbzGZ $ETH Ethereum: 0x1ccE8A04fa6743eD1D24cA063c7543D43B42F328 $LTC Litecoin: LavXqTWVHebEgVhBXdg3Hue3xEAmgtxLgr $DOGE Dogecoin: DMngvNMX1U8Sg8PkDjCC3UTS8Mmn9RqTP5 DISCLAIMER: Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations. Support the show: https://badcryptopodcast.com See omnystudio.com/listener for privacy information.
Design is about much more than just making things look good. Design is valuable because it translates the complexities of technology to us mere mortals. It serves as a way to educate the market and make tech easy for everyday people to use. But what is the design process that gets us to that end? Daniel Scrivner is the CEO & Chief Design Officer at Flow, the project management software used by teams at Apple, Shopify and TED. A leader in the fields of design and investing, he has been invited to speak at some of the world's most innovative organizations, including Andreesen Horowitz and Designer Fund. Daniel has 15 years of design experience, serving as Head of Design at both Digit and Square and working on teams at Apple, Nike and Disney. On this episode of Boost VC, Daniel joins us to share his take on what makes design valuable, explaining how the design process gets you to an end product the average person can use. He offers insight on what makes most crypto design hostile to everyday people, discussing what we can do to improve the user experience and give crypto mass appeal. Listen in to understand Daniel's agnostic approach to investing and find out how he applies concepts learned in one discipline to other areas in his skill stack. Topics Covered What Daniel has built that he's most proud ofRedesign of Flow over last two yearsGrowing investment portfolio Daniel's agnostic approach to investingQualitative vs. quantitative (early-stage companies)Broad interest in investing in entrepreneurs at all stages What inspired Daniel to start his own podcastConversations with people in top 1% across industriesDecode what they've mastered, what propelled to top How Daniel thinks about optimizing his learningLearn things and apply in other areasLean into growth curve in all areas Daniel's take on what makes design valuableInterface between complexity of tech and humansFastest way to educate given market Daniel's insight around the design of cryptoHostile to average peopleIncompatible with being ‘future of money' How to improve the crypto user experienceSimple explanation of termsGet input from everyday people What inspired Daniel to invest in BitcoinBet on things probable to play outInvest in multiple ways to win What's behind the rise of the operator-investorHerding creaturesLowering barriers to entry in all areas Daniel's definition of successWork in service of othersGrow into best version of self Connect with Daniel Flow https://www.getflow.com/Flow on Twitter https://twitter.com/flowappFlow on YouTube https://www.youtube.com/c/FlowAppDaniel on Twitter https://twitter.com/danielscrivner Outliers with Daniel Scrivner https://link.chtbl.com/_Ygn_FIY Resources Good Egg https://www.goodegg.io/Stripe https://stripe.com/Gusto https://gusto.com/Superhuman https://superhuman.com/Notion https://www.notion.so/Bison Trails https://bisontrails.co/Filecoin https://filecoin.io/Verlyn Klinkenborg on Outliers https://www.danielscrivner.com/notes/verlyn-klinkenborg-outliers-show-notesSeveral Short Sentences About Writing by Verlyn KlinkenborgScott Adams https://twitter.com/ScottAdamsSaysScott Adams on Talent Stacking https://www.scottadamssays.com/2016/12/27/the-kristina-talent-stack/Listen Notes https://www.listennotes.com/Kevin Kelly https://kk.org/Kevin Kelly on Outliers https://www.danielscrivner.com/notes/kevin-kelly-outliers-transcriptCasa https://keys.casa/Coinbase https://www.coinbase.com/CoinList https://coinlist.co/TrustToken https://www.trusttoken.com/TruFi https://truefi.io/Robinhood https://robinhood.com/us/en/Oculus https://www.oculus.com/AngelList https://angellist.com/EquityZen https://equityzen.com/Fortnite https://www.epicgames.com/fortnite/en-US/homeRoblox https://www.roblox.com/Unreal Tournament https://www.epicgames.com/unrealtournament/en-US/Endel https://endel.io/Tony Anderson https://www.tonyandersonmusic.com/Focus on Spotify https://open.spotify.com/genre/focus-pageRichard Feynman http://www.feynman.com/Surely You're Joking, Mr. Feynman! (Adventures of a Curious Character) by Richard P. Feynman https://www.amazon.com/Surely-Feynman-Adventures-Curious-Character/dp/0393316041Six Easy Pieces: Essentials of Physics Explained by It's Most Brilliant Teacher by Richard P. Feynman https://www.amazon.com/Six-Easy-Pieces-Essentials-Explained/dp/0465025277Henry Ford's Rouge https://www.thehenryford.org/visit/ford-rouge-factory-tour/history-and-timeline/fords-rouge/Titan: The Life of John D. Rockefeller, Sr. by Ron Chernow https://www.amazon.com/Titan-Life-John-Rockefeller-Sr-ebook/dp/B000XUDGHG Connect with Boost VC Boost VC Website https://www.boost.vc/Boost VC on Facebook https://www.facebook.com/boostvc/Boost VC on Twitter https://twitter.com/BoostVCBoost VC on Instagram https://www.instagram.com/boost_vc/
In this episode, we interview Rafael Cosman - CEO & Co-founder, TrustToken. TrustToken recently launched the TrueFi protocol (TRU), which is an uncollateralized lending platform that allows vetted borrowers to request loans from lenders. We take a deep dive into how TrueFi works, and discuss the innovation that it brings with uncollateralized lending in the Defi space. Guest – Rafael Cosman – CEO, TrustToken Website – https://truefi.io/
Daniel Scriver shares insights on how to develop your career from his experience as a college dropout turned designer turned CEO. — YOU'LL LEARN — 1) How to develop new skills through self-teaching 2) Why Daniel left a dream job at Apple 3) Why you should always seek discomfort Subscribe or visit AwesomeAtYourJob.com/ep628 for clickable versions of the links below. — ABOUT DANIEL — Daniel Scrivner is the CEO of Flow. Previously he was the Head of Design at Digit and Square. He's worked for some of the most respected brands in the world including Apple, Nike, Disney, and Target. Daniel advises world-class teams at companies like LendingHome, Empower, TrustToken, Designer Fund, and Notation Capital. He's an early-stage investor in businesses like Superhuman, MixMax, Notion, Good Eggs, Burrow, Madison Reed, Stance, Almanac Brewing, and many more. And he's been invited to speak at some of the world's most prestigious organizations including Andreessen Horowitz (A16Z), General Assembly, Techstars, Designer Fund, and 500 Startups. • Daniel's website: DanielScrivner.com • Daniel's Twitter: @DanielScrivner • Daniel's LinkedIn: Daniel Scrivner • Daniel's podcast: Outliers with Daniel Scrivner • Daniel's company: GetFlow.com — RESOURCES MENTIONED IN THE SHOW — • Product: Neumann U 87 • Software: Superhuman • Book: Rich Dad Poor Dad (What the Rich Teach Their Kids About Money - That the Poor and Middle Class Do Not!) by Robert Kiyosaki • Book: The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas Stanley, William Danko, Sarah Stanley Fallaw • Book: Principles: Life and Work by Ray Dalio — THANK YOU SPONSORS! — • Find Your Dream Job. Learn Ramit Sethi's pro-tips at IWT.com/podcastDJ• United Harvest. Get superior meats at unitedharvest.com. Promo code: AWESOME• Blinkist. Learn more, faster with book summaries you can read or listen to in 15 minutes at blinkist.com/awesomeSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Check out my podcast with the CEO and Co-Founder of @TrustToken where we dive into their latest DeFi protocol; TrueFi. One word, (or actually two): Uncollateralized Lending. Some game-changing stuff where @SBF_Alameda (among others) is making big use of. Listen & learn!
Check out my podcast with the CEO and Co-Founder of @TrustToken where we dive into their latest DeFi protocol; TrueFi. One word, (or actually two): Uncollateralized Lending. Some game-changing stuff where @SBF_Alameda (among others) is making big use of. Listen & learn!
Follow The Decrypt Daily Twitter: @decryptmedia Website: Decrypt.co Follow me on : Twitter: @MatthewADiemer IG: @MatthewADiemer FB Page: https://www.facebook.com/thedecryptdaily FB Group: https://www.facebook.com/groups/thedecryptdaily Email: MatthewAaron@Decrypt.co —————————————————————— Links: TrueFi & $TRU Links ========== - TrueFi blog post: https://blog.trusttoken.com/introducing-truefi-the-defi-protocol-for-uncollateralized-lending-9bfd6594a48 - TrueFi technical spec: https://github.com/trusttoken/truefi-spec - TrueFi Discord: https://bit.ly/chattruefi - TrueFi app (going live this Sat): https://truefi.io/ —————————————————————— Music: Say Good Night by Joakim Karud https://soundcloud.com/joakimkarud Creative Commons — Attribution-ShareAlike 3.0 Unported— CC BY-SA 3.0 Free Download / Stream: http://bit.ly/2RzhBOn Music promoted by Audio Library https://youtu.be/SZkVShypKgM Here comes the money https://www.youtube.com/watch?v=o0ZpesMYF6A https://www.youtube.com/watch?v=n695sgmV3EQ —————————————————————— Financial Disclosure: Matthew Aaron is a holder of cryptocurrencies, digital assets, and other stocks. *** this is not financial or legal advice*** © Copyright 2020 Matthew Aaron Podcasts LLC All Rights Reserved
In an interview recently with Sazmining’s William Szamosszegi, host of the Sazmining Podcast and CEO of Sazmining, William asked TrustToken CEO, Rafael Cosman about stablecoins, DeFi and TrueFi. Rafael also shared some compelling ideas about where he sees the future of the DeFi and the stablecoin market. Rafael Cosman is the CEO & Co-founder of TrustToken, makers of the world’s 1st compliant, independently attested digital dollar TUSD and 4 other global fiat-backed stablecoins, now moving billions of dollars around the world each month. Prior to TrustToken, Rafael helped build StreetCode, a non-profit that teaches East Palo Alto youth technical skills, and worked at Google Brain, Palantir, and Kernel. Rafael graduated from Stanford University with a Bachelor’s Degree in Computer Science. In his free time, you’ll find Rafael reading or surfing. --- Support this podcast: https://anchor.fm/sazmining/support
In this episode of The Remote CEO Show, I had the pleasure to interview Michael Gasiorek. Michael runs Truth Cartel which functions like a plug and play marketing department for emerging technology companies. They have worked with clients such as Algorand, TrustToken, Oracle, and EMX. He also runs Medium’s largest crypto & blockchain publication. He’s an Entrepreneur in Residence @ NYC’s dLab blockchain accelerator & mentor @ world-leading biotech accelerator IndieBio, advising startups on marketing, sales, content, and media relations.
In this episode, we talk to Daniel Scrivner (Former Head Of Design at Square & CEO of Flow) as we discuss how to think about your pricing, the story of how he came to Flow, and the differences between business cultures between the United States and Japan. Promo Code: STARTUPLIFE Daniel Scrivner is the CEO of Flow. Previously he was the Head of Design at Digit and Square. He's worked for some of the most respected brands in the world including Apple, Nike, Disney, and Target. Daniel advises world-class teams at companies like LendingHome, Empower, TrustToken, Designer Fund, and Notation Capital. He's an early-stage investor in businesses like Superhuman, MixMax, Notion, Good Eggs, Burrow, Madison Reed, Stance, Almanac Brewing, and many more. And he's been invited to speak at some of the world's most prestigious organizations including Andreessen Horowitz (A16Z), General Assembly, Techstars, Designer Fund, and 500 Startups. Links / Email: ds@danielscrivner.com About Me: https://www.danielscrivner.com Investments: https://www.blackletter.com Accolades / D&AD Black Pencil (Apple.com in 2010) Best Apps of 2016 (Won First Place in 'Most Innovative' for Digit) 2017 Google Play Awards (Nominated in 'Standout Startups' for Digit) Advisor to some of the world's best companies (LendingHome, Empower, TrustToken, and more) Mentor to Designer Fund, Andreessen Horowitz, and Techstars companies Nominated to Kleiner Perkins Design Council
Today on Obsessed Show I'm chatting with Daniel Scrivner, CEO at Flow. Investor at Blackletter. Creative Director at Made by Scrivner. Daniel was previously the Head of Design at Digit and Square. He's worked for some of the most respected brands in the world including Apple, Nike, Disney, and Target. Daniel advises world-class teams at companies like LendingHome, Empower, TrustToken, Designer Fund, and Notation Capital. He’s an early-stage investor in businesses like Superhuman, MixMax, Notion, Good Eggs, Burrow, Madison Reed, Stance, Almanac Brewing, and many more. He's a designer turned CEO, investor, and creative director... and I can't wait to dig into all of those roles. So without further ado, please enjoy this conversation with Daniel Scrivner. Not sponsored, but… Daniel offered 25% off their first year with Flow – on any plan (monthly or annual). Sign up for free at https://www.getflow.com/ObsessedShow and use promo code OBSESSED to get 25% off when you subscribe.
In this episode, Abra founder and CEO Bill Barhydt is in conversation with Rafael Cosman, the co-founder and head of engineering of TrustToken. Bill and Rafael cover a lot of ground in this conversation including Rafael’s thoughts on how Facebook’s Libra project could impact the stablecoin ecosystem and what’s coming next from TrustToken and Abra. Download Abra and set up a cryptocurrency wallet today at abra.com. This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: blockworksgroup.io
TechCentral — In this episode of the podcast, Jonathan Ovadia, co-founder and CEO of Ovex, a relatively new cryptocurrency exchange based in Cape Town, joins Duncan McLeod for a discussion on the crypto market. Ovex, which enjoys the backing of Civic founder Vinny Lingham and Bitcoin Foundation executive director Llew Claasen, among others, wants to bring down the cost differential associated with buying crypto coins on South African exchanges relative to their international counterparts. Ovadia explains how Ovex got its start, how it was funded, its relationship with TrustToken in the US - which launched a "stablecoin" called TrueUSD - and its plans to launch an index fund token in the coming months. He also talks about why altcoins - coins that aren't bitcoin - deserve more attention, why Facebook's libra could be a game changer for the crypto market and how Ovex secures the funds of its investors. It's a great discussion - don't miss it!
Tory Reiss is the Co-Founder of TrustToken. In this conversation, Tory and Anthony Pompliano discuss Mt. Gox, Silk Road, the challenges with tokenizing assets, drug decriminalization, criminal justice reform, financial literacy, and the automation of personal finance. ----- Curious about Cryptocurrency but don’t know where to begin? Storm Play is a free and fun way to start earning in exchange for you time. Simply download, register and discover microtasks that meet your interests and be rewarded with Storm Bolts. These Bolts can then be converted and withdrawn into your favorite cryptocurrency, including Storm Token, Ethereum (ETH) and Bitcoin (BTC.). Earn cryptocurrency rewards by playing new games and trying out cool products! Download the app to start earning crypto here! https://bit.ly/30pSxh9 (Available for iOS and Android). ----- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe. This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io
Tory Reiss, co-founder of TrustToken, discusses stablecoins and how these cryptocurrencies are being applied throughout the blockchain ecosystem. He uses TrustToken’s USD-backed stablecoin, TrueUSD, as an example of a stablecoin being implemented to help developing countries. He also explains how stablecoins can be used for portfolio building. Additionally, he goes into detail about his recent meeting with Facebook. Full Show Notes At: https://thecryptochick.io/014 Show Edited By: Aaron The Tech (http://aaronthe.tech) See omnystudio.com/listener for privacy information.
Jai (Danny) An is the Co-Founder & CEO of TrustToken. In this conversation, Jai and Anthony Pompliano discuss brain implant technology, automation of knowledge and value, how TrustToken built their crypto infrastructure, and the founding story of TrueUSD. ----- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe. This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io
This time I have Tory Reiss, co-founder of the TrustToken Asset Tokenization Platform. Tory shares how their company was bootstrapped, raised capital from elite VCs and launched one of the biggest regulated stablecoins - the TrueUSD. Recently they also launched the TrueGBP. Tory and I talk about the ways in which you can use TrueUSD to easily transact internationally or to simply earn passive income with the interest-earning product of Nexo. Among many other things Tory also explains: How fiat-pegged stablecoins can replace traditional digital money; What sets TrueUSD apart from all other stablecoins; How to convert your USD into TUSD; What is the business model of TUSD; Why Tory sees MakerDAO and DAI as a partner instead of a competitor; How TUSD combats money laundering. This was a conversation that sparked me to think even more about the importance and stablecoins and how are accelerating the removal of existing financial borders. Tory's Contacts: https://www.trusttoken.com TrustToken - https://twitter.com/TrustToken Tory Reiss - https://twitter.com/theetory Evangelists who converted Tory into crypto: Satoshi Nakamoto and the Bitcoin White Paper Leaders Tory continues to learn from: Arjun Balaji, https://twitter.com/arjunblj “Cryptoassets The Innovative Investor's Guide to Bitcoin and Beyond” by Chris Burniske and Jack Tatar Feel free to message me, George, on Twitter @borderlessBTC Full Episode Transcript (01:52) George Manolov: Tory, I'm happy to have you today on the show. For everybody else; Tory Reiss is the co-founder of the TrustToken Tokenization Platform, which has been renowned for launching one of the biggest USD-backed stablecoins. But before we dive deeper into TrueUSD and the Trust Tokenization Platform, can you share a little bit about yourself, your personal professional path and how did you end up in the crypto space working on one of the biggest USD-backed stablecoins? (02:31) Tory Reiss: Absolutely. My background is a good example of that you don't have to stay in one area or define yourself too narrowly, because whatever you're really curious about, you can learn almost anything online. The Internet has made learning simple; you can be a lifelong learner. If you look at my path, I went to school in Chicago and, and my studies revolved around entrepreneurship, international studies, behavioral economics, and neuroscience. All these topics that really have nothing to do with finance whatsoever. I started my career in enterprise software. So, the first two companies I worked for were very focused on B2B enterprise software. The first being Microsoft, where I spent a good chunk of my early career. And the second being a startup in San Francisco called Lob that was also selling APIs to the Enterprise. I caught the crypto bug towards the end of college when I first started buying Bitcoin. Obviously once you have bitcoin, you follow the industry news over time. I saw how it was evolving and I was really excited about it, but I didn't really make the move into the crypto space or working in it full time until I saw what happened with Ethereum. In a way, the world was changing in terms of gaining a global compute layer or a global database layer that we could work on from virtually any country. It represented a paradigm shift in computing that I thought was very exciting, and particularly as it relates to finance. I'd always had a fascination with personal finance and financial technology. So, this company ended up being the perfect intersection of all those interests. We started working on what is now TrustToken in 2017 and then in 2018, we launched TrueUSD. (04:47) George Manolov: What was the thought process of starting a company that is to tokenize other assets? Did you first come up with; Hey, let's tokenize the US dollar? Walk me through that process of how did you come up with the idea. (05:06) Tory Reiss: It's a great question. At that time, when we saw what was happening with Ethereum and the ICO boom of 2017, what became apparent when we took a step back was that there was a new financial system emerging on the Blockchain. We saw exchanges, OTC desks, new forms of derivatives and lending products. We saw it cropping up everywhere. So, we did this exercise where we looked at traditional markets and tried to think of parallels in what would change in this new paradigm. The first thing we observed when we looked at Nasdaq or other traditional exchanges is that the majority of the value represented on those exchanges are hard assets such as real estate, commodities, etc. So, following that chain of thought, we thought, if Ethereum was going to be running the world's most important computations and many of those relate to financial services, there's going to be a need for a way to legally and technically represent real world assets on the Blockchain. And following that chain of logic, we thought what asset or what financial instrument which is the most well understood and widely adopted instrument in the world? And it was pretty clear at that time that it was the US dollar. We thought; this is going to be a great proof of concept, that if we can prove to the world this idea of representing a dollar on the Blockchain, then we could represent any asset. We saw it as a first step in just proving out the thesis that we could represent real world assets on the blockchain. (07:06) George Manolov: Alright. In terms of company building, what was the process? Because I know that you have raised capital from some of the top investors in Silicon Valley. So, did you first launch some sort of MVP? Did you have something prepared or in the running? or was it straight raising capital and then building it? (07:31) Tory Reiss: I think people should know that the reality of startups is way messier than they appear from the outside. This company started in a totally different space. We pivoted into Blockchain and it was very painful in the beginning. We didn't have many resources. Over a year ago, there was just five of us working away and we didn't really have a chance to have an MVP because as soon as our product would go live, it meant that basically anyone in the world could use it. So, we just put together all of the pieces, it was very much what I would call MacGyver, in the sense that we took a lot of toothpicks and bubble gum in the beginning, like a lot of manual processes and a lot of hard work behind the scenes to get our first version of TrueUSD out of the door. With that being said, the most important things are security and compliance. So, even if there were lots of manual processes for us on the backend in terms of how we interact with the banks or how we interact with our users, we still had to make sure that we had world class security and world class bank-grade compliance. We couldn't skimp on those, which was very tough. That was our biggest investment area early on. We started in the same way as most other startups; we were literally working out of the same house that we were living in. It was both office and where we lived. Once we had our product out of the door and we had traction, it then became a lot easier to raise capital. Today, we have thirty-one people, both here and in Asia, and a great office here in Selma. But it's not easy; you might be sleeping on a couch for a year or two before you actually get traction and have enough capital to move into your own space. (09:57) George Manolov: But then it's totally worth it, because you start building something big and TrueUSD is already quite big. If I'm not mistaken, it's the second largest USD-backed stablecoin after the notorious Tether. So, can you share a little more about TrueUSD? You say it's the most obvious asset to tokenize, but why so? What are the needs that TrueUSD solves and how do people use it? What deficiencies does TrueUSD solve? (10:41) Tory Reiss: That's another good question. At the time, we thought it was a great move because anyone anywhere in the world knows what a US dollar is, almost anywhere. I shouldn't say 100%, but most places in the world recognize and accept the US dollar. That was our logic at the time, that okay, if we tokenize that, then we don't have to explain what the token is, because it's essentially a dollar and people understand what a dollar is. What we only realized after, was that the product we created was far more useful than we originally imagined. The first use case for a USD-backed stablecoin was trading. Traders were using it because they could only trade crypto to crypto and they needed a stable store of value during volatile markets. Now, in the grand scheme of things, that's just a tiny use case. And by tiny, it's still a multi-billion-dollar market today. It's still about $3 billion in market, but it's still relatively small. What we've learned over time is that, the market beyond trading and beyond crypto is massive, because what we've actually created is a new payment rail. What's very important is that we've helped increase the velocity of money, the velocity of capital, and we've offered an alternative way to move value that's outside of the control of the traditional banking system. Traditional banks, which have been the gatekeepers for time immemorial, have been able to charge whatever fees they want on FX which is conversion between multiple currencies. Or if you want to move money internationally, they pretty much set the terms. But with TrueUSD, if you want to send money to anyone, anywhere in the world, you can do so in a matter of seconds and pay about 2 cents on average, which is the transaction fee on Ethereum. In many ways, it’s really a very powerful tool, because capital can now be moved more efficiently. If you're a lender, you can raise money in the US and deploy it in Indonesia the same day, that's never been possible. Or if you're doing remittances. The applications are so broad across financial services that we're now thinking much more broadly about how this technology can be applied. We're also going to be adding many more currencies to our offerings. And we think that this is just the start, currency is just the start. (13:40) George Manolov: That makes total sense. I've been thinking about the same thing, when a crypto equivalent of a currency, like a crypto US dollar, has so many advantages over the traditional US dollar. As you said, you can send it very cheaply and very fast locally and internationally. In regards to that train of thought, and specifically since you're saying you're going to be tokenizing more of the currencies out there, do you think that, in the not so distant future, fiat currencies will be essentially some sort of stablecoins on the Blockchain? (14:26) Tory Reiss: First off, one of the common confusions is when people say "the Blockchain". I think the reason why it's worth pointing that out is that, I think that there will be multiple blockchains, for better or for worse. J.P. Morgan, for example, has illustrated that their coin will be on a private blockchain. So, technically that's on, quote unquote, the Blockchain or a blockchain, but it's not a public blockchain. I do believe that public blockchains are better than private ones, because they solve a larger problem that J.P. Morgan's chain won't solve, which is the visibility of the data. Right now, it's actually an incredibly powerful thing to be able to have those transactions be public. The perfect version now is a public blockchain that allows some amount of privacy. So, for example, if we have a use case with Microsoft or with an SAP customer that relates to how their customers move money for receivables or payments to publishers, which are real use cases that are being explored right now, they want privacy for those transactions, but they're okay with it being public for scenarios that aren't related to their affairs. I think that's where things like Zero-Knowledge Proofs such as zk-SNARKs can become really useful, because you can then have some transactions that are private and maybe only visible to let's say a company and its audit partner, like Ernst and Young, and then have the majority of other transactions between the general public remain on a public blockchain. That way, we can all rely on a single chain, but use different technologies to adjust the level of privacy. And I think that's more of what the future looks like, rather than today where only a few people have access to that data and they typically can't be trusted. Unfortunately, that's what history has shown us. (16:35) George Manolov: That is very interesting. Would people still have any motive or incentive to use traditional currencies? Or what would it become the standard for all currencies, especially when Ethereum introduces zero knowledge proofs? (17:13) Tory Reiss: I guess I didn't answer the original question. I do think that it's inevitable that, if not Blockchain, a similar technology will be standardized. Most people don't realize that most cash today is already digital, and I think this is just improving upon it. The benefit of a blockchain is that it acts as a shared database; it's one of the few technologies that people can have faith in and use as a shared database. And for that reason, it might be the earliest adopted technology for digital cash. I do think that within this year or at least within the next few years, we will start to see sovereign nations issue their currency on a blockchain. I can't say if the whole world will go that direction, but I do believe that some governments are going to make that decision and I think it's going to happen. (18:29) George Manolov: When it comes to the use cases of TrueUSD, like you said, you didn't understand when you initially started the size of TrueUSD when it comes to payments, do you have such data or knowledge that people are already using TrueUSD for remittances or for other purposes outside of trading? Or do you think that today the main use case for TrueUSD is still trading? (19:04) Tory Reiss: The majority is still trading. However, we know for a fact that it's being used now for a number of other use cases. For example, we know that there are companies right now that are paying their employees payroll in TrueUSD, and it makes perfect sense why that would be, because more and more often it's common that a company is distributed, remote or has teams around the world and it's incredibly expensive for an employer to use traditional payroll providers to pay employees all around the world, especially if you're a smaller business. Let's say you only have 50 or 100 employees; you don't have the resources of a multinational corporation to have bank accounts in every single country where you have employees. Paying in TrueUSD costs nothing, it's super easy and wherever they are, they will be able to convert that TrueUSD back to something that has a utility. We're working on making sure that everyone can use their TrueUSD in whatever way they want, whether that's spending on products through a debit card, which we think is an obvious next step, investing, saving and earning interest, lending the money out and getting loans, we want all of those services to be available and already a lot of that is happening. Even if you look at Nexo which just launched a fantastic product where any user of TrueUSD can deposit their coins with their full liquidity and no lockup, but they earn six and a half percent interest, which blows away the Fed funds rate of two and a half percent that we have here in the United States. This is a long way of saying that these use cases are already happening, whether it's individuals using it just to save and store money or send it, or it’s businesses paying employees or using it for remittances. We know because we've talked to our customers that these are happening, but what matters to us is that they might be early adopters. We need to figure out how to build software and make it easier for entire industries to adopt the technology. That hasn't happened yet, but that's what we're working towards. (21:23) George Manolov: How does it work today? I mean, what if we have somebody who's now listening and realizes, Hey, I want to start paying my employees with TrueUSD because they're international, or maybe I want to convert some USD to TrueUSD and deposit it on Nexo to earn 6.5 instead of 2%. How can I get TrueUSD? (21:50) Tory Reiss: That's a great question. Today, the easiest way to get TrueUSD is probably using our app, if you have US dollars. There are two main ways to get it today, and this is something that we're actually investing heavily in and we want to make it ten or a hundred times easier to get TrueUSD. Today, if you go to app.trusttoken.com which is our secure web application, that's where you can take dollars and convert them into TrueUSD. You can purchase one for one, there're no fees. You simply send a wire, we have the easiest book purchase and redemption process in the industry, you verify your identity and then you can make a purchase or redeem and get your dollars out at one for one, that's with dollars. If you're using crypto; right now, we're traded on almost a hundred exchanges. So, any number of our partners is good. We obviously have the most volume and liquidity in finance, but we work very closely with many other exchanges and are constantly adding new partners in that regard as well. So, depending on how you want to make the change, those tend to be the best ways. Businesses tend to use OTC desks, and we work with about 15 different OTC desks, so we're supported almost everywhere. But we're working on expanding the ways you can get TrueUSD and make it even easier. (23:23) George Manolov: And anyone can get TrueUSD, alright? I mean, whether you're obviously in the States or not. Do you have certain limitations or can anyone just use the app? What was the website? (23:34) Tory Reiss: app.trusttoken.com (23:36) George Manolov: Right. Anyone can go there and basically you wire funds from your bank account, right? (23:43) Tory Reiss: That's right. So, it's anyone with a bank account anywhere in the world. You don't even necessarily have to have US dollars, you can send the money and have your bank convert it, and then use the app to buy TrueUSD. We'll be launching additional currencies and support for crypto and purchasing with other currencies. All of that is coming, it's all in the pipeline. (24:12) George Manolov: With that in mind, it would be curious to learn more about how do you compare TrustToken to other stablecoins, because there is a ton of them right there. At some point, I thought they're growing like mushrooms, everyone is starting his own stablecoin. Seriously, sometimes I don't understand to be honest with myself, why so many people are involved in this space? There are big and small players, how do you compare the TrustToken to other fiat-backed stablecoins, and then obviously as well to algorithmic stablecoins? (25:03) Tory Reiss: Algorithmic stablecoins, none of them have launched yet, but crypto-collateralized stablecoins, obviously the only player in the game today is Maker and Dai, which we think is awesome, we think it's a great project and a great team. We actually work with them very closely, they're adding multi-collateral support soon, and TrueUSD is going to be part of that bundle. So, there's actually a lot of collaboration there. In terms of fiat-backed, we've been able to win the fiat-backed market, it's still very much a competition and we admire most of the competitors that are in the market today which run really fantastic businesses. We are the only independent stablecoin in the world; we're the only one that is not owned or controlled by an exchange. And that's allowed us to invest really heavily in the user experience, but to do sell in a different way than our competitors. I think this is why the market has been choosing us. What I mean is that we tend to invest heavily in whatever's going to be best for the user, not relating to us, we don't have a platform, so we don't have a dog in the fight. We just want to make sure that they have the broadest range of services, wallets and exchanges. We're dedicated to maximizing the value that anyone holding TrueUSD can realize. Whereas many other tokens are trying to lock you into an ecosystem of their services, their exchange and things like that, because that's the only way that they make money. That's what's in their best interest. Whereas, everything we do is in our user's best interest. That's always what we're thinking of. So, that's really helped us differentiate so far. (27:09) George Manolov: Got It. And here comes another question, how do you make money then? (27:17) Tory Reiss: Great question. There're a couple of different ways by which we make money today. We do have a trading desk, and that's necessary when it comes to things like OTC trading or providing liquidity and things like that, that is one source. We are also developing relationships with other platforms - Nexo is actually a great example. There're so many partners and so many companies that are putting together crypto investments all around the world. It's important to us, that we only work with the top 1%, the best companies that we believe in and that we can endorse. And when we do, we want to affiliate revenue. This is a similar model to that of Mint.com and a lot of traditional players like Credit Karma who refer you to credit card companies or lending companies and then they earn a percentage of the return. So, we're setting up similar relationships with the companies that we work with and we plan to generate some affiliate revenue. Lastly, we make money on the float of the TrueUSD that we hold. We generate interest on the float. Those are the main methods today. We tend to think it's better that we're transparent than many other companies whose ways of making money are a little bit unclear and they maybe don't want the public to know. We want to make sure that we're well aligned with all of our customers. (28:59) George Manolov: I want to just get back to something that you mentioned earlier; you're actually thinking of exploring ways to cooperate with Dai. Intuitively, one would think that since Dai is a stable coin, they should be more of a competitor to you. So, could you talk to me a little about how do you see your relation to them? (29:25) Tory Reiss: We see them more as both a partner and a valuable part of the ecosystem. They appeal to different consumers than we do and they also allow for different use cases than we do. We might be the better choice if you’re a Forex company, a business that's doing remittances or an individual who actually want to hold US dollars, but doesn't have access to traditional US banking or a traditional US bank account or you know. However, if you're a consumer that likes the idea of holding a stable currency that's not tied to any government and that’s truly independent, similar to Bitcoin, but you want the stability, I think Maker is clearly the better choice in that regard. I look at myself as a consumer and I genuinely do use TrueUSD to generate returns on my dollars. But I actually also hold a balance of Dai, and there are certain instances where it makes sense to use it. So, we believe that two great projects are better for this space than one. That seems clear. (30:49) George Manolov: One second, sorry I'm thinking out loud here, but the Dai is essentially pegged to the US dollar today, right? Or that’s what they are aiming for. I know they had this problem of the Dai sometimes being traded for less than one dollar. So, they are discussing how they can solve this. So, it's still a dollar today, right? (31:20) Tory Reiss: That's right. The difference though is that it isn’t redeemable for the dollar. So, it might be pegged to the dollar, there are many currencies around the world that are pegged to the dollar, but that doesn't make them a dollar. The example I would give you is this; think like a CFO or a merchant, and if you need dollars to pay your suppliers and they only want to deal with dollars, you know it's not good enough to say, "Hey, I'll give you this instrument that is pegged to the dollar", they want to know it actually is a dollar. In the instance of TrueUSD, for all intents and purposes, it is a dollar like you have a legal claim on a dollar that is sitting in a bank account. There will always be one to one parity and we just launched a real time platform with the top 25 US accounting firms. This real-time dashboard shows you that every single TrueUSD is backed by one US dollar, one to one, and it shows that information in real time. So, you can go and look at the dashboard and see for yourself that you really are holding a US dollar. (32:39) George Manolov: I guess you introduced this because of the concern of the people who were asking, do you guys actually have the dollars? As it has been the question with Tether for a very long time. Does somebody guarantee or audit this? How does this work? (32:59) Tory Reiss: What I was just explaining is that. Previously, we had been posting PDFs of attestations, which is a form of an audit, performed by a third-party accounting partner where they would review the funds that we hold in all of the various escrow accounts or TrueUSD, and compare that to the number of tokens in circulation, and then they issue a report confirming that it was one to one. However, we recently - about less than 10 days ago - announced this new product and big innovation, which is that we are going to be launching a real-time dashboard, and it's built and managed by a third-party accounting firm that will show in real time that it’s one for one. So, instead of once a month seeing a report, you're going to actually see, minute to minute, that it's always one for one and you'll see it go up and go down as people purchase new tokens or redeem tokens for the underlying dollars, and you'll be able to see the reserves. (34:09) George Manolov: Got It. That's pretty cool and I look forward to it. Another topic that I would be curious to learn more, and would love to hear your thoughts about is money laundering. The whole crypto space basically has to rebuke the reputation of being a place where mostly criminals and people with nefarious activities are operating, and that these are the guys who are working with crypto. So, what is TrueUSD doing to make sure that it’s not used for money laundering? (34:58) Tory Reiss: Good question. The money laundering is something we take very seriously. We have a fantastic legal and compliance team, our head of compliance formally led compliance at Coinbase and she has been building a bank-grade, or to be totally honest with you, better than a bank-grade anti money laundering in KYC infrastructure and program. The reason we know it's better is because we work with a lot of banks and when we compare our programs, ours is actually more thorough than many of the banks we work with. Towards that end, we take our position very seriously in terms of that, the only way that someone can redeem TrueUSD, pull dollars out of the system or put dollars in, is if they pass our anti money laundering check. That's the first thing you interact with when you're in our app; you have to pass that identity verification. And as part of that process, we're looking for the telltale signs of money laundering. So, they're doing things like looking at the source of funds, what they want to use it for, the history of the company, who owns it and things like that. They're looking for any red flags and comparing against all of the national databases to ensure that we are maintaining a high standard. That is a big part of our program, but we're also working on some pretty revolutionary technology that's going to be doing a bit more of on-chain analytics to help identify money launderers that way. We're looking at both and we think that, that's really what the future looks like; using both traditional methods and on-chain methods to prevent money laundering. Because no one wants funds being used by terrorists to carry out attacks, or funds being used by criminal organizations. So, we take that very seriously. (37:09) George Manolov: I would actually be very excited and very curious to learn more about this technology that you are working on, because it really can be an overplayed issue, because there's been numerous reports of such vast amounts of money which has been laundered through the traditional banking system compared to the whole crypto market cap, that is just astounding. And I'm sure with what you said about the transparency, the publicity and the trackability of public blockchains, that over time such technologies will eventually be built, which will significantly decrease or make it even impossible for money laundering to happen at all. (38:08) Tory Reiss: I actually agree with you completely. I laugh when people tend to ask about, "Oh well, crypto is synonymous with money laundering", and the reason I find it funny is because people don't realize how much money laundering is happening in the traditional banking system, and a lot of it is even perpetrated or involves many of the banks that are supposed to be preventing it. When it comes to something like TrueUSD or a US dollar-backed stablecoin, the technology that's available is far superior for preventing criminals from using it. I actually think if I were a criminal, I would maybe look at using something like Monero or other similar coins. By the way, not to call out any of the privacy coins, because I think that's actually a very valuable service to society. But it's very different than something like TrueUSD. I think you'd be foolish to use TrueUSD or a similar fiat-backed stablecoin for money laundering, because your transactions are public and forever available to law enforcement, it would be a little bit silly. And we would cooperate with the appropriate authorities in case of an investigation, if it's within our jurisdiction, obviously. If a US law enforcement came to us, we would cooperate and we don't want our users to be thinking otherwise. We have their best interests in mind so we want to make sure that criminals, terrorists, etc. aren't able to use our technology towards their game. (40:07) George Manolov: That makes total sense. I'm looking at your website right now as we're speaking and I see that you’re planning, or your vision is to eventually be able to tokenize all kinds of different assets. From the traditional ones, such as currencies like you currently have the euro here, you also have gold and silver commodities. But you also have securities essentially; small businesses, stocks, bonds, and even crazy stuff such as movies, books, TV shows, music and patents. Can you share a bit on that? (40:58) Tory Reiss: Sure. The way we think of it is; a part of our responsibility is to evangelize the possibilities and the potential futures that are available when it comes to tokenization, which is really just another word that represents securitization, it's just securitization that is done on a blockchain. We obviously list all these different news cases and these assets, but we'd come to believe more and more that this market is going to start with small niche markets that are currently not being well served by the public equities and public markets and that ecosystem. I can name a few examples, but we think it all starts with these small niches and then build from there. I don't think that the consumers necessarily care that it's a security token or it's a stock, quote unquote, because all that really matters to them is that they're able to access the investments that they want. I think eventually if the technology is adopted, which I believe it will be by companies like Nasdaq and ICE, or the New York Stock Exchange, etc. The difference will be that anywhere in the world when people are attempting to make these investments, it's just going to be more affordable, faster, and there might even be portability, where they can carry their investments with them and they're not stuck with one exchange or another. I think that the future is exciting from a technologist standpoint and from a financial more democratization standpoint, in the sense that it'll be available to more people. But I don't think people need to know what technology is running on the backend. Our job is to make it so seamless that people don't even think about the technology behind it. (43:15) George Manolov: I imagine you will be working on commodities and currencies, or just currencies? (43:29) Tory Reiss: In the short term, we are very focused on currencies and potentially commodities. In the mid to long term, it's going to shift towards securities, that infrastructure is being built out as we speak, but I think it could be a number of years before it reaches mainstream adoption. (44:00) George Manolov: I Just want to take a quick break here from Tori and let you know that since this episode was recorded a couple of weeks back, the Trust Tokenization Platform has already released their second stablecoin, which is a TrueGBP, essentially bringing the British Sterling Pounds onto the blockchain as a stablecoin. This is the first ever project to bring the British Pound on the blockchain. So, if interested, definitely go and check this out on Google or on trusttoken.com (44:36) Back to the interview: With that in mind, I want to come to a few final questions that I have. In this talk, I love paying tribute to people who inspired our guests to enter the Crypto Space, to become excited about Bitcoin and Blockchain. So in that sense, is there any particular person, content creator or any particular thing that you read, which made you excited about crypto, blockchain space, and Bitcoin? (45:12) Tory Reiss: It might sound cliché at this point, but for me it was also Satoshi Nakamoto and the Bitcoin White Paper, which I randomly stumbled upon in college after somebody tweeted about it. It’s a masterpiece in terms of being a viral idea and viral concept that managed to transmit itself across millions of people, and I was one of these people. That really kicked off my journey. (45:51) George Manolov: The second question here is, who's the one person or a couple of people, that you follow today, that you read, listen, watch, or keep learning from, until this very day, people that you respect and that myself and our audience can learn from as well? (46:14) Tory Reiss: I'd highly recommend following Arjun Balaji; he's one of the best writers in the space and I think he does a great job in the sense that he shows both sides of many issues and his predictions are always really fascinating to follow. I also follow people in other spaces, but if you are just getting exposed to this space now, one of my favorite books to recommend to people is "Cryptoassets; The Innovative Investor's Guide to Bitcoin and Beyond", and that's by Chris Burniske and Jack Tatar. I love that book. For someone that is maybe an expert in the space, you might not learn a lot, but it does offer the perspective of an investor's lens for the space. And for those that are just getting started, I think it's one of the best introductions to the space. (47:13) George Manolov: I Haven't had the time to check it out, so I'll definitely do. I'm sure some of our listeners will. One more question I have here is, does a company or a crypto project come to mind which you want to succeed, because if it becomes successful it will have a positive impact on what you're doing at the Trust platform? (47:46) Tory Reiss: I mentioned them earlier, but I do think that Maker is one of those projects that has a huge impact and can have a huge influence on the security token space. Because if you think about it, any security token that we create can potentially be used as part of the multi-collateral for the new Dai. So, almost anyone can get leverage on their assets, which is a big deal. If you have a token that represents equity in your home, you can pull capital out using multi-collateral Dai. Not every country has access to home equity lines of credit or things like that. So, I think that's a very powerful innovation and I think that'll unlock a lot of value across hard assets once they're represented in a token form. (48:37) George Manolov: Finally, where can people learn more about you and about the Trust Tokenization Platform? Where can they follow you? (48:52) Tory Reiss: I'd love for you to check out trusttoken.com, we'd love to hear your thoughts. If you want to buy TrueUSD, it's app.trusttoken.com. For me personally, you can find me on Twitter. I'm not super active but I am responsive and that's “@Theetory”, feel free to shoot me a DM or a chat anytime. That's the best way to get in touch. (49:26) George Manolov: Awesome, Tory! Thanks again for your time. It was an exciting talk. There are definitely some valuable insights here. I look forward to seeing further developments in the Trust Tokenization Platform and maybe we can do this again after some time. (49:45) Tory Reiss: Yeah, I would love it.
Episode 21 of the Hacker Noon Podcast: An interview with Danny An, CEO and Co-Founder of TrustToken. Today’s show would not be possible without Digital Ocean. Learn more at do.co/hackernoon. In this episode Trent Lapinski and Danny An discuss tokenized assets, stable coins, True USD, and cryptocurrency. “Compliance is definitely a top priority for us.” “True USD is meant to be as regulatory compliant as possible. We recently published a stable coin code of ethics, where we said, ‘hey, here is some of the things we learned about creating a stable coin, and some of the past lessons we learned historically.’” “We’re never actually going to prevent redemptions, because we think a stable coin is only good as its ability to redeem the underlying US dollars. We said we would never influence the price of a stable coin purposely by offering discounts. We will continue to be as regulatory compliant as possible and sustain the stable coin so it is not knocked down by miscompliance.”— Danny An Production and music by Derek Bernard - https://haberdasherband.com/production Host: Trent Lapinski - https://trentlapinski.com
For this week's podcast, we have the pleasure of interviewing Tory Reiss, Co-Founder and VP of Corporate Development at TrustToken. TrustToken is an asset-tokenization platform which recently raised $20 million in a strategic token sale with the support of major VCs, such as Andreessen Horowitz and BlockTower capital. Their first product is a stable coin, TrueUSD, which already is among the top 100 coins by market cap.
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This week, because I was busy with my TEDx talk and my book, I decided to do an episode in which I answer your questions. Thank you to everyone who submitted one, and I'm so sorry I didn't get to all your questions. In this episode, I talk about what's necessary to gain wider adoption, how I think the next bull run will manifest and how Bitcoin would behave in a serious financial crisis. Plus, I reveal which areas of the industry I think will blossom, and which areas I'm less optimistic about. I also answer what people who are just getting into the technology can do in the space, why the oracle problem is so challenging and how it can be resolved, and what the velocity problem is, and whether it applies especially to Ethereum. I also delve into privacy coins, whether or not the lower overall crypto market volatility we're seeing now will continue, and where this trend with stablecoins is going. There are a LOT of episode links -- be sure to check them out! Thank you to our sponsors! Altlending: https://altlending.com Blockdaemon: http://blockdaemon.com/unchained/ Episode links: Senate hearing on cryptocurrencies: https://www.c-span.org/video/?452837-1/senate-banking-panel-explores-cryptocurrencies-blockchains Tweets with me, Nouriel and Vitalik: https://twitter.com/laurashin/status/1050782831859752960 My conversation with Soona Amhaz of Token Daily about Nouriel Roubini on Unconfirmed: http://unconfirmed.libsyn.com/how-were-misusing-the-word-decentralization-ep041 Milken Institute panel featuring Nouriel Roubini: http://www.milkeninstitute.org/videos/view/cryptocurrencies-irrational-exuberance-or-brave-new-world Skeptics' Episodes: Preston Byrne & Angela Walch: http://unchainedpodcast.co/the-skeptics-episode-preston-byrne-and-angela-walch-on-what-the-industry-and-regulators-get-wrong-in-crypto Meltem Demirors & Jill Carlson: http://unchainedpodcast.co/episode-74 Singularity University episode discussing usbaility: http://unchainedpodcast.co/singularity-university-global-summit-how-do-we-get-consumer-adoption-ep83 My Forbes article on phone hijacking: https://www.forbes.com/sites/laurashin/2016/12/20/hackers-have-stolen-millions-of-dollars-in-bitcoin-using-only-phone-numbers/#2ada233b38ba USV blog post on apps and infrastructure: https://www.usv.com/blog/the-myth-of-the-infrastructure-phase CryptoKitties episode: http://unchainedpodcast.co/what-makes-a-cryptokitty-worth-140000-ep75 Token Foundry standards: https://blog.tokenfoundry.com/token-foundry-standards/ Civil: https://civil.co Forbes magazine feature on blockchain not Bitcoin, featuring Chain: https://www.forbes.com/sites/laurashin/2015/09/09/bitcoins-shared-ledger-technology-moneys-new-operating-system/#66bb2f4c7dd1 Recent episode with Barry Silbert: http://unchainedpodcast.co/barry-silbert-on-what-wall-street-says-privately-about-crypto-vs-what-it-says-publicly-ep87 Decentralized Finance series: 0x: http://unchainedpodcast.co/will-warren-of-0x-on-why-decentralized-exchanges-are-the-future Dharma: http://unchainedpodcast.co/nadav-hollander-on-how-dharma-could-create-new-forms-of-debt-ep80 Compound: http://unchainedpodcast.co/how-youll-earn-interest-on-your-crypto-with-compound-ep82 dYdX: http://unchainedpodcast.co/how-dydx-allows-you-to-take-a-short-position-in-one-token-ep86 Institutional money: The Information article on university endowments investing in crypto: https://www.theinformation.com/articles/harvard-stanford-mit-endowments-invest-in-crypto-funds Unchained episode with Tuur Demeester: http://unchainedpodcast.co/tuur-demeester-on-why-hes-a-bitcoin-maximalist-and-bearish-on-ethereum-ep81 Fortune article on Bakkt: http://fortune.com/longform/nyse-owner-bitcoin-exchange-startup/ Custody solutions: BitGo becomes a qualified custodian: https://www.coindesk.com/bitgo-receives-regulatory-approval-to-custody-crypto-assets/ Unchained episode with Mike Belshe of BitGo: http://unchainedpodcast.co/mike-belshe-on-what-bitgos-kingdom-trust-acquisition-means-for-crypto-and-how-security-will-develop-in-the-future Coinbase Custody opens: https://blog.coinbase.com/coinbase-custody-is-officially-open-for-business-182c297d65d9 Potential recession: Oslo Freedom Forum episode on uptake of bitcoin in Venezuela: http://unchainedpodcast.co/the-oslo-freedom-forum-in-new-york-why-decentralization-matters-ep85 Fortune article on Chainalysis: http://fortune.com/2018/10/10/can-the-whales-of-bitcoin-tank-the-market/?ref=tokendaily Trends I think will blossom: First Unchained episode with Kathryn Haun: http://unchainedpodcast.co/federal-prosecutor-kathryn-haun-on-how-criminals-use-bitcoin-and-how-she-catches-them Unchained episode with Chris Dixon of a16z crypto: http://unchainedpodcast.co/chris-dixon-on-how-trust-is-the-best-lego-block-ep70 Unchained episode with Zooko Wilcox of Zcash: http://unchainedpodcast.co/zcashs-zooko-wilcox-on-why-he-believes-privacy-coins-will-be-used-more-for-good-than-bad JPMorgan Chase using Zcash technology: https://www.forbes.com/sites/laurashin/2017/05/22/jpmorgan-chase-to-integrate-zcash-technology-to-its-enterprise-blockchain-platform/ Enterprise blockchains: NYT article I wrote on enterprise blockchains: https://www.nytimes.com/2018/06/27/business/dealbook/industries-blockchains-efficiency.html Oracles: Ether flash crash on GDAX: https://www.cnbc.com/2017/06/22/ethereum-price-crash-10-cents-gdax-exchange-after-multimillion-dollar-trade.html Medium article on oracles: https://www.cnbc.com/2017/06/22/ethereum-price-crash-10-cents-gdax-exchange-after-multimillion-dollar-trade.html Episode with Joey Krug of Augur: http://unchainedpodcast.co/joey-krug-on-how-augur-is-like-any-other-tool-ep79 Episode with Danny An of TrustToken: http://unchainedpodcast.co/harbor-and-trusttoken-on-why-they-dont-mind-being-unsexy-ep77 Velocity problem: Chris Burniske on how to value a crypto asset, on Unchained: http://unchainedpodcast.co/how-to-valuate-a-crypto-asset-s3e08 Ethereum post on reducing block reward: https://www.cnbc.com/2017/06/22/ethereum-price-crash-10-cents-gdax-exchange-after-multimillion-dollar-trade.html Privacy coins: Good post on Monero vs. Zcash: https://medium.com/digitalassetresearch/zec-best-in-class-privacy-in-a-public-blockchain-1df2a3728739 Episode on illicit use of cryptocurrencies: http://unchainedpodcast.co/how-widespread-is-money-laundering-in-crypto-ep72 Carlotta Perez book, Technological Revolutions and Financial Capital: http://www.carlotaperez.org/pubs?s=tf&l=en&a=technologicalrevolutionsandfinancialcapital Unchained episode on stablecoins: http://unchainedpodcast.co/why-its-so-hard-to-keep-stablecoins-stable Unconfirmed episode with Rune Christensen of MakerDAO: http://unconfirmed.libsyn.com/rune-christensen-of-makerdao-on-its-15-million-from-andreessen-horowitz-ep039 Unchained episode with Circle that describes their stablecoin: http://unchainedpodcast.co/circles-jeremy-allaire-and-sean-neville-on-why-crypto-will-be-bigger-than-the-web-ep71
Cryptocurrency news for October 16, 2018. Ethereum developers investigate Constantinople code. Huobi lists four US Dollar-pegged cryptos this week. Coinbase to open Dublin office in face of Brexit. Today's price for bitcoin, ethereum and XRP. 3 Top Gainers last 24 hours.
This week, because I was busy with my TEDx talk and my book, I decided to do an episode in which I answer your questions. Thank you to everyone who submitted one, and I'm so sorry I didn't get to all your questions. In this episode, I talk about what's necessary to gain wider adoption, how I think the next bull run will manifest and how Bitcoin would behave in a serious financial crisis. Plus, I reveal which areas of the industry I think will blossom, and which areas I'm less optimistic about. I also answer what people who are just getting into the technology can do in the space, why the oracle problem is so challenging and how it can be resolved, and what the velocity problem is, and whether it applies especially to Ethereum. I also delve into privacy coins, whether or not the lower overall crypto market volatility we're seeing now will continue, and where this trend with stablecoins is going. There are a LOT of episode links -- be sure to check them out! Thank you to our sponsors! Altlending: https://altlending.com Blockdaemon: http://blockdaemon.com/unchained/ Episode links: Senate hearing on cryptocurrencies: https://www.c-span.org/video/?452837-1/senate-banking-panel-explores-cryptocurrencies-blockchains Tweets with me, Nouriel and Vitalik: https://twitter.com/laurashin/status/1050782831859752960 My conversation with Soona Amhaz of Token Daily about Nouriel Roubini on Unconfirmed: http://unconfirmed.libsyn.com/how-were-misusing-the-word-decentralization-ep041 Milken Institute panel featuring Nouriel Roubini: http://www.milkeninstitute.org/videos/view/cryptocurrencies-irrational-exuberance-or-brave-new-world Skeptics' Episodes: Preston Byrne & Angela Walch: http://unchainedpodcast.co/the-skeptics-episode-preston-byrne-and-angela-walch-on-what-the-industry-and-regulators-get-wrong-in-crypto Meltem Demirors & Jill Carlson: http://unchainedpodcast.co/episode-74 Singularity University episode discussing usbaility: http://unchainedpodcast.co/singularity-university-global-summit-how-do-we-get-consumer-adoption-ep83 My Forbes article on phone hijacking: https://www.forbes.com/sites/laurashin/2016/12/20/hackers-have-stolen-millions-of-dollars-in-bitcoin-using-only-phone-numbers/#2ada233b38ba USV blog post on apps and infrastructure: https://www.usv.com/blog/the-myth-of-the-infrastructure-phase CryptoKitties episode: http://unchainedpodcast.co/what-makes-a-cryptokitty-worth-140000-ep75 Token Foundry standards: https://blog.tokenfoundry.com/token-foundry-standards/ Civil: https://civil.co Forbes magazine feature on blockchain not Bitcoin, featuring Chain: https://www.forbes.com/sites/laurashin/2015/09/09/bitcoins-shared-ledger-technology-moneys-new-operating-system/#66bb2f4c7dd1 Recent episode with Barry Silbert: http://unchainedpodcast.co/barry-silbert-on-what-wall-street-says-privately-about-crypto-vs-what-it-says-publicly-ep87 Decentralized Finance series: 0x: http://unchainedpodcast.co/will-warren-of-0x-on-why-decentralized-exchanges-are-the-future Dharma: http://unchainedpodcast.co/nadav-hollander-on-how-dharma-could-create-new-forms-of-debt-ep80 Compound: http://unchainedpodcast.co/how-youll-earn-interest-on-your-crypto-with-compound-ep82 dYdX: http://unchainedpodcast.co/how-dydx-allows-you-to-take-a-short-position-in-one-token-ep86 Institutional money: The Information article on university endowments investing in crypto: https://www.theinformation.com/articles/harvard-stanford-mit-endowments-invest-in-crypto-funds Unchained episode with Tuur Demeester: http://unchainedpodcast.co/tuur-demeester-on-why-hes-a-bitcoin-maximalist-and-bearish-on-ethereum-ep81 Fortune article on Bakkt: http://fortune.com/longform/nyse-owner-bitcoin-exchange-startup/ Custody solutions: BitGo becomes a qualified custodian: https://www.coindesk.com/bitgo-receives-regulatory-approval-to-custody-crypto-assets/ Unchained episode with Mike Belshe of BitGo: http://unchainedpodcast.co/mike-belshe-on-what-bitgos-kingdom-trust-acquisition-means-for-crypto-and-how-security-will-develop-in-the-future Coinbase Custody opens: https://blog.coinbase.com/coinbase-custody-is-officially-open-for-business-182c297d65d9 Potential recession: Oslo Freedom Forum episode on uptake of bitcoin in Venezuela: http://unchainedpodcast.co/the-oslo-freedom-forum-in-new-york-why-decentralization-matters-ep85 Fortune article on Chainalysis: http://fortune.com/2018/10/10/can-the-whales-of-bitcoin-tank-the-market/?ref=tokendaily Trends I think will blossom: First Unchained episode with Kathryn Haun: http://unchainedpodcast.co/federal-prosecutor-kathryn-haun-on-how-criminals-use-bitcoin-and-how-she-catches-them Unchained episode with Chris Dixon of a16z crypto: http://unchainedpodcast.co/chris-dixon-on-how-trust-is-the-best-lego-block-ep70 Unchained episode with Zooko Wilcox of Zcash: http://unchainedpodcast.co/zcashs-zooko-wilcox-on-why-he-believes-privacy-coins-will-be-used-more-for-good-than-bad JPMorgan Chase using Zcash technology: https://www.forbes.com/sites/laurashin/2017/05/22/jpmorgan-chase-to-integrate-zcash-technology-to-its-enterprise-blockchain-platform/ Enterprise blockchains: NYT article I wrote on enterprise blockchains: https://www.nytimes.com/2018/06/27/business/dealbook/industries-blockchains-efficiency.html Oracles: Ether flash crash on GDAX: https://www.cnbc.com/2017/06/22/ethereum-price-crash-10-cents-gdax-exchange-after-multimillion-dollar-trade.html Medium article on oracles: https://www.cnbc.com/2017/06/22/ethereum-price-crash-10-cents-gdax-exchange-after-multimillion-dollar-trade.html Episode with Joey Krug of Augur: http://unchainedpodcast.co/joey-krug-on-how-augur-is-like-any-other-tool-ep79 Episode with Danny An of TrustToken: http://unchainedpodcast.co/harbor-and-trusttoken-on-why-they-dont-mind-being-unsexy-ep77 Velocity problem: Chris Burniske on how to value a crypto asset, on Unchained: http://unchainedpodcast.co/how-to-valuate-a-crypto-asset-s3e08 Ethereum post on reducing block reward: https://www.cnbc.com/2017/06/22/ethereum-price-crash-10-cents-gdax-exchange-after-multimillion-dollar-trade.html Privacy coins: Good post on Monero vs. Zcash: https://medium.com/digitalassetresearch/zec-best-in-class-privacy-in-a-public-blockchain-1df2a3728739 Episode on illicit use of cryptocurrencies: http://unchainedpodcast.co/how-widespread-is-money-laundering-in-crypto-ep72 Carlotta Perez book, Technological Revolutions and Financial Capital: http://www.carlotaperez.org/pubs?s=tf&l=en&a=technologicalrevolutionsandfinancialcapital Unchained episode on stablecoins: http://unchainedpodcast.co/why-its-so-hard-to-keep-stablecoins-stable Unconfirmed episode with Rune Christensen of MakerDAO: http://unconfirmed.libsyn.com/rune-christensen-of-makerdao-on-its-15-million-from-andreessen-horowitz-ep039 Unchained episode with Circle that describes their stablecoin: http://unchainedpodcast.co/circles-jeremy-allaire-and-sean-neville-on-why-crypto-will-be-bigger-than-the-web-ep71
Robert Leshner, founder of Compound, describes how its protocol will enable people to earn interest on crypto assets, and why he thinks this will be crucial to crypto becoming mainstream. He also describes how the company is currently building an interest rate model -- a task so difficult that an early version "blew up" the Ethereum virtual machine -- and why using one of its smart contract-based money markets is both riskier and less risky than using an exchange. We talk about who will use Compound and how, which coins they're going to launch with, and how Compound plans to make money. Thank you to our sponsors! AltLending: https://altlending.com StartEngine: https://www.startengine.com/unchained Episode links: Compound: https://compound.finance Robert Leshner: https://twitter.com/rleshner Intro to Compound: https://medium.com/compound-finance/introducing-compound-the-money-market-protocol-4b9546bac87 TechCrunch article on Compound: https://techcrunch.com/2018/05/16/cryptocurrency-compound-interest/ Unchained interview with Nadav Hollander of Dharma: http://unchainedpodcast.co/nadav-hollander-on-how-dharma-could-create-new-forms-of-debt-ep80 Unchained interview with Joey Krug of Augur: http://unchainedpodcast.co/joey-krug-on-how-augur-is-like-any-other-tool-ep79 Unchained interview with Danny An of TrustToken, which is creating TrueUSD: http://unchainedpodcast.co/harbor-and-trusttoken-on-why-they-dont-mind-being-unsexy-ep77 Unchained interview with Will Warren of 0x: http://unchainedpodcast.co/will-warren-of-0x-on-why-decentralized-exchanges-are-the-future Unchained interview with Vitalik Buterin: http://unchainedpodcast.co/vitalik-buterin-creator-of-ethereum-on-the-big-guy-vs-the-little-guy
Robert Leshner, founder of Compound, describes how its protocol will enable people to earn interest on crypto assets, and why he thinks this will be crucial to crypto becoming mainstream. He also describes how the company is currently building an interest rate model -- a task so difficult that an early version "blew up" the Ethereum virtual machine -- and why using one of its smart contract-based money markets is both riskier and less risky than using an exchange. We talk about who will use Compound and how, which coins they're going to launch with, and how Compound plans to make money. Thank you to our sponsors! AltLending: https://altlending.com StartEngine: https://www.startengine.com/unchained Episode links: Compound: https://compound.finance Robert Leshner: https://twitter.com/rleshner Intro to Compound: https://medium.com/compound-finance/introducing-compound-the-money-market-protocol-4b9546bac87 TechCrunch article on Compound: https://techcrunch.com/2018/05/16/cryptocurrency-compound-interest/ Unchained interview with Nadav Hollander of Dharma: http://unchainedpodcast.co/nadav-hollander-on-how-dharma-could-create-new-forms-of-debt-ep80 Unchained interview with Joey Krug of Augur: http://unchainedpodcast.co/joey-krug-on-how-augur-is-like-any-other-tool-ep79 Unchained interview with Danny An of TrustToken, which is creating TrueUSD: http://unchainedpodcast.co/harbor-and-trusttoken-on-why-they-dont-mind-being-unsexy-ep77 Unchained interview with Will Warren of 0x: http://unchainedpodcast.co/will-warren-of-0x-on-why-decentralized-exchanges-are-the-future Unchained interview with Vitalik Buterin: http://unchainedpodcast.co/vitalik-buterin-creator-of-ethereum-on-the-big-guy-vs-the-little-guy
Check out our weekly recap here. This weeks interview is with TrustToken's Co-Founder Tory Reiss. Make sure you check out: Interview: Ethereum Development Studio ConsenSys CSO Sam Cassatt and the associated video. Interview: Joseph Lubin, Co-Founder of Ethereum & ConsenSys
Josh Stein, CEO of Harbor, and Danny An, cofounder and CEO of TrustToken, talk about security tokens and tokens backed by real-world assets, often called an unsexy area of crypto. They explain the strategies their teams are using to tackle the tokenization of what currently constitute $250 trillion in assets, what kinds of new behaviors and business opportunities "faster, cheaper, more liquid" assets could open up, and how they'll comply with regulations across all jurisdictions for markets that are global and trade 24/7/365. Thank you to our sponsors! StartEngine: https://www.startengine.com/unchained The Sun Exchange: https://thesunexchange.com Episode links: Harbor: https://harbor.com Trust Token: https://www.trusttoken.com True USD: https://www.trusttoken.com/trueusd/ An overview of security tokens: https://medium.com/@apompliano/the-official-guide-to-tokenized-securities-44e8342bb24f More on Harbor and security tokens: http://fortune.com/2018/05/18/security-token-harbor-ce More on True USD: https://venturebeat.com/2018/07/18/trusttoken-readies-sale-of-more-trueusd-asset-based-tokens/ The PICO: https://medium.com/harborhq/introducing-the-private-ico-pico-3e8b782924c1 Episode with Meltem Demirors and Jill Carlson: http://unchainedpodcast.co/episode-74
Josh Stein, CEO of Harbor, and Danny An, cofounder and CEO of TrustToken, talk about security tokens and tokens backed by real-world assets, often called an unsexy area of crypto. They explain the strategies their teams are using to tackle the tokenization of what currently constitute $250 trillion in assets, what kinds of new behaviors and business opportunities "faster, cheaper, more liquid" assets could open up, and how they'll comply with regulations across all jurisdictions for markets that are global and trade 24/7/365. Thank you to our sponsors! StartEngine: https://www.startengine.com/unchained The Sun Exchange: https://thesunexchange.com Episode links: Harbor: https://harbor.com Trust Token: https://www.trusttoken.com True USD: https://www.trusttoken.com/trueusd/ An overview of security tokens: https://medium.com/@apompliano/the-official-guide-to-tokenized-securities-44e8342bb24f More on Harbor and security tokens: http://fortune.com/2018/05/18/security-token-harbor-ce More on True USD: https://venturebeat.com/2018/07/18/trusttoken-readies-sale-of-more-trueusd-asset-based-tokens/ The PICO: https://medium.com/harborhq/introducing-the-private-ico-pico-3e8b782924c1 Episode with Meltem Demirors and Jill Carlson: http://unchainedpodcast.co/episode-74
TrustToken is a platform to create asset-backed tokens that you can easily buy and sell around the world. For example, gold to gold tokens or dollar to dollar tokens. The company's first asset token is TrueUSD, a stablecoin that you can redeem 1-for-1 for US dollars. TrustToken was founded in 2017 and consists of a team from Stanford, UC Berkeley, Airbnb, Goldman Sachs, PayPal, and Google, and is backed by a16z crypto, BlockTower Capital, Danhua Capital, Founders Fund Angel, GGV Capital, Jump Capital, Stanford-StartX, and others. For more information about TrustToken and its TrueUSD product, visit http://www.trusttoken.com.
The crypto world ain’t all sunshine and rainbows. It is a very mean and nasty place and it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as crypto. But it ain’t how hard you hit; it’s about how hard you can get hit, and keep moving forward. How much you can take, and keep hodling. That’s how winning is done. Now, if you know what it’s worth, then go out and get what it’s worth. But you gotta be willing to ride the dips, and not pointing fingers saying you ain’t in a lambo because of him, or her, or anybody. Cowards do that and that ain’t you. You’re better than that! Now get tough because it’s a sponsored crypto spotlight edition of The Bad Crypto Podcast. Full Show Notes at: http://badco.in/ICO040 SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunes Google Podcasts: http://badco.in/google Spotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @BadCrypto - @joelcomm - @teedubya Facebook: /BadCrypto - /JoelComm - /teedubyaw Facebook Mastermind Group: /BadCrypto LinkedIn: /in/joelcomm - /in/teedubya Instagram: @BadCryptoPodcast Email: badcryptopodcast[at]gmail[dot]com Phone: SEVEN-OH-8-88FIVE- 90THIRTY DONATE CRYPTO TO THE SHOW: If you'd like to donate a bit of cryptocurrency to The Bad Crypto Podcast, feel free to send copious amounts to the following locations: $BTC: Bitcoin: 3GMgCH4dFUHSLdrPnLwEsfKPVnLnoGbzGZ $ETH Ethereum: 0x1ccE8A04fa6743eD1D24cA063c7543D43B42F328 $LTC Litecoin: LavXqTWVHebEgVhBXdg3Hue3xEAmgtxLgr $DOGE Dogecoin: DMngvNMX1U8Sg8PkDjCC3UTS8Mmn9RqTP5 GET STARTED WITH CRYPTO WITH $10 BITCOIN FREE:We have an affiliate code with Coinbase. If you decide to buy some crypto on Coinbase, you get $10 of free BTC, when you spend at least $100 in crypto. The Bad Crypto Podcast also gets $10 BTC, as well. Win-Win. Coinbase is one of the most popular and well-known brokers and trading platforms in the world. Their platform makes it easy to securely buy, use, store and trade digital currency. Users can purchase bitcoins, Ether and now Litecoin from Coinbase through a digital wallet available on Android & iPhone. Do your own due diligence, some people have had some customer support issues. Neither Joel nor Travis can attest to that. If you do use Coinbase, once your coins clear, move it to an offline wallet or if you choose, move them over to another exchange. Here is a list of all of the top crypto-currency exchanges. Choose one that you like. DISCLAIMER: Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations. Show Edited By: Aaron The Tech (http://aaronthe.tech) Support the show: https://badcryptopodcast.com See omnystudio.com/listener for privacy information.
Welcome to Announcements with Host No. 2, Demetrick Ferguson, a show that provides you details on current events, upcoming projects in the blockchain space, and token offering details. We are attempting to provide you with details and information from the people who are creating projects, and we are not giving advice. Please do proper due diligence when considering investments. Today we are interviewing Tory Reiss, the VP of Trust Token. Trust Token's first product, TrueUSD, a stable coin designed to aid the liquidity of cryptocurrency markets has had a successful SAFT raise. Currently, TrueUSD funds exceed $80M and they will pass $100M very soon. TrueUSD has also been added in the last two weeks as a quote currency on HitBTC, HBUS, and The Ocean exchanges.
BADCOIN is back, and for a limited time you’ve got an opportunity to get up to 1,000,000 of them! It may or may not have something to do with my new book (which is written so you’ll have more fun in your work and personal life). We dig into the mailbox to answer a bunch of your questions from email and The Bad Crypto Mastermind. And the bad crypto chicks are back for an interview with Tory Reiss from TrustToken. You’ll discover how their platform enables tokenization, fractional ownership, and global liquidity for the world’s $256 trillion of real-world assets. So there you have it. There you are. There it is. All the things in one place so you can pop open a cold one and be a coach potato while listening to episode #127 of The Bad Crypto Podcast. Full Show Notes at: http://badco.in/127 SUBSCRIBE, RATE, & REVIEW: Apple Podcasts: http://badco.in/itunes Stitcher: http://badco.in/stitcher Google Play: http://badco.in/play FOLLOW US ON SOCIAL MEDIA: Twitter: @BadCrypto - @joelcomm - @teedubya Facebook: /BadCrypto - /JoelComm - /teedubyaw Facebook Mastermind Group: /BadCrypto LinkedIn: /in/joelcomm - /in/teedubya Instagram: @BadCryptoPodcast Email: badcryptopodcast[at]gmail[dot]com Phone: SEVEN-OH-8-88FIVE- 90THIRTY DONATE CRYPTO TO THE SHOW: If you'd like to donate a bit of cryptocurrency to The Bad Crypto Podcast, feel free to send copious amounts to the following locations: $BTC: Bitcoin: 3GMgCH4dFUHSLdrPnLwEsfKPVnLnoGbzGZ $ETH Ethereum: 0x1ccE8A04fa6743eD1D24cA063c7543D43B42F328 $LTC Litecoin: LavXqTWVHebEgVhBXdg3Hue3xEAmgtxLgr $DOGE Dogecoin: DMngvNMX1U8Sg8PkDjCC3UTS8Mmn9RqTP5 GET STARTED WITH CRYPTO WITH $10 BITCOIN FREE:We have an affiliate code with Coinbase. If you decide to buy some crypto on Coinbase, you get $10 of free BTC, when you spend at least $100 in crypto. The Bad Crypto Podcast also gets $10 BTC, as well. Win-Win. Coinbase is one of the most popular and well-known brokers and trading platforms in the world. Their platform makes it easy to securely buy, use, store and trade digital currency. Users can purchase bitcoins, Ether and now Litecoin from Coinbase through a digital wallet available on Android & iPhone. Do your own due diligence, some people have had some customer support issues. Neither Joel nor Travis can attest to that. If you do use Coinbase, once your coins clear, move it to an offline wallet or if you choose, move them over to another exchange. Here is a list of all of the top crypto-currency exchanges. Choose one that you like. DISCLAIMER: Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations. Show Edited By: Aaron The Tech (http://aaronthe.tech) Support the show: https://badcryptopodcast.com See omnystudio.com/listener for privacy information.
Welcome to Announcements with Host No. 2, Demetrick Ferguson, a show that provides you details on current events, upcoming projects in the blockchain space, and token offering details. We are attempting to provide you with details and information from the people who are creating projects, and we are not giving advice. Please do proper due diligence when considering investments. Today we talk with Rafael Cosman from TrustToken. The TrustToken Platform is the bridge between blockchains and the $256 trillion worth of real-world assets. Rafael stopped by the netowrk to discuss Truecoin. TrueCoin is a service that bundles asset tokens from the TrustToken platform and lists them on exchanges. TrueCoin tokens are trusted by traders because they have a legally protected connection to the underlying assets based on TrustToken’s standards and fiduciary network. Enjoy! Link: https://www.trusttoken.com/