I think that we're like really at the earli stages of game fi. I think n f t's just ly are going to be used for all sorts of different things, like tracking providence on physical goods,. Hopefully eventually title to cars and houses and things like that that are ahastle to track. Maybe concert tickets. i think nfts are really going to crack it open, right? Right. Well, we shall see. It probably depends on which country you're in. The people of venezuela or, you know, ukraine or russia probably look at it very differently than we do here. They know, it sucks that we have to like, it
The Sunday Times’ tech correspondent Danny Fortson brings on Jesse Powell, founder of crypto exchange Kraken, to talk about his first startup selling video game virtual goods (3:00), reading about bitcoin (9:40), why he thinks bitcoin will replace gold (12:00), launching Kraken (12:50), getting a banking license (15:00), selling tens of thousands of bitcoin (17:00), how widespread crypto actually is (20:40), the inherent weakness in the market (26:00), the Mt Gox bankruptcy (27:40), the impending failure of fiat currency (31:40), the power of the current system (34:35), raising just $20 million (36:00), and reaching the masses (40:00).
Hosted on Acast. See acast.com/privacy for more information.