Bitcoin, DeFi, and Long-Term Perspectives

Brad Mills talks about the issues he sees in the current Web3 landscape and venture capital’s role in shaping it. He discusses how NFTs, DeFi yield farming, and memecoins are a potential blackhole for uninformed investment money in the long-term. Preston Pysh and Jeremy Rubin join and provide commentary on their positions when it comes to Bitcoin and its relation with DeFi. The group discusses the future of Bitcoin and altcoins within the current world economic framework before opening the floor to questions from listeners.Time Stamps00:00:10 - Introduction00:01:07 - VC in Web300:08:00 - Dying Money00:16:30 - Bitcoin is the Lifeboat00:19:48 - Guest Introductions00:22:52 - Preston Pish Introduces Himself and His Views00:28:00 - Jeremy Rubin Introduces Himself and His Views00:33:15 - Bitcoin DeFi?00:38:00 - Preston and Jeremy Talk About Lightning Network00:43:50 - Why Build DeFi on Bitcoin?00:45:15 - Long-term Probabilities and Short-term Noise00:53:00 - Yield in Crypto Lending vs. Legacy Options00:57:51 - Collateralization of Crypto00:59:53 - Jeremy Talks About DeFi01:03:34 - Q&A Intro01:05:16 - Ethereum Transition to 2.001:06:14 - Banks and Bitcoin01:10:16 - What Preston Pays Attention to in DeFi01:12:28 - What to Invest in Other than BTC?01:16:51 - Cheering on the Demise of the Dollar01:20:02 - Next Countries to Adopt BTC01:21:40 - BTC Developers Leaving Bitcoin01:26:58 - Bitcoin E-Waste in Future01:30:04 - Macro Signals01:34:50 - Closing RemarksLinks to Mentions in the ShowInvestors Podcast NetworkBitcoin Fundamentals PodcastMichael Saylor on Up OnlyThe Price of Tomorrow by Jeff BoothJudicaGuest Social LinksFrog RadioJeremy RubinPreston PyshFind Brad Mills on: Brad Mills TwitterMagic Internet Money TwitterMagic Internet Money FacebookMagic Internet Money Instagram