Bitcoin Vs Altcoins with Dan Held & Erik Voorhees
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SHOW DESCRIPTION
Location: Remotely
Date: Thursday 19th November
Company: Kraken & ShapeShift
Role: Founder/CEO & Head of Growth
Altcoins almost always promise an improvement on Bitcoin, whether that is faster transactions or lower fees, enhanced privacy or some other killer use case. However, this is almost always marketing hype, with altcoins being a history of failure.
For newcomers to Bitcoin, falling into the trap of investing in altcoins is easy. With the price of Bitcoin approaching all-time highs, we will undoubtedly soon see a wave of news coverage and an influx of newcomers to the space.
So, should you avoid altcoins? Bitcoin Maximalists say yes, while many others say no.
In this interview, I talk to Dan Held, the Director of Business Development at Kraken and Erik Voorhees, the founder and CEO of ShapeShift. Dan and Erik debate Bitcoin vs altcoins, DeFi, decentralisation and security.
TIMESTAMPS
00:05:37: Introductions
00:06:14: The US election and claims of fraud
00:09:18: The Winklevoss twins
00:10:51: Bitcoin now a credible business
00:14:58: CBDCs may push people to Bitcoin
00:16:39: Bitcoin's Great Filter event
00:19:07: Peter kicks off the Bitcoin vs altcoins debate
00:26:45: BlockFi, an example of a centralised service
00:29:14: An argument for Ethereum, and views on MakerDAO
00:39:28: Ethereum Phase Zero and the world of DeFi
00:48:50: Uniswap vs Coinbase
00:52:50: Scams defined
00:55:20: Zcash
00:57:44: Experimentation vs Bitcoin and bitcoiners
01:01:24: Blockchains and security
01:09:27: Dan's summing up
01:13:34: Erik's summing up
01:17:00: Final comments
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SHOW NOTES
Connect with Dan:
Connect with Erik:
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On CrunchBase
Mentioned in the interview:
MicroStrategy Buys $175M More in Bitcoin, Upping BTC Holdings to $425M
MicroStrategy Just Sent Green Light To Corporate America On Bitcoin
Paul Tudor Jones: A Bet on Bitcoin Is a Bet on Human Ingenuity
Ray Dalio Says He ‘Might Be Missing Something’ About Bitcoin
Vitalik Says DeFi Users Are 'Underestimating Smart Contract Risk'
The Market Collapse of March 12-13, 2020: How It Impacted MakerDAO
Uniswap, Curve Daily Trading Volumes Surges Past $2B, Likely Driven by Harvest Attack
DeFi Flippening Comes to Exchanges as Uniswap Topples Coinbase in Trading Volume
DeFi 2020 Exit Scam? SushiSwap Creator Sells 100% Of His Sushi Tokens | Headlines | News
Hodlers are the revolutionaries. My reflections on the important role… | by Dan
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