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Crypto Market Wizards
Stani Kulechov on Whether Vitalik Hates DeFi and the Truth about Being in Crypto
Sep 25, 2024
Stani Kulechov, founder of Avara and creator of ETHLend (now AAVE), shares his journey into crypto sparked by childhood experiences. He reflects on raising $16M in an ICO and surviving the 2018-19 bear market. Stani candidly discusses the personal costs of his career, including neglecting his health that led to surgery. He also delves into the dynamics of working alongside his wife in the industry. Lastly, he addresses the intriguing question of whether Vitalik Buterin truly hates DeFi, revealing insights into the ethos of the crypto world.
48:19
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Quick takeaways
- Stani Kulechov highlights the critical role of integrating legal knowledge with technology to innovate effectively in the DeFi space.
- The necessity of personal well-being and work-life balance is underscored, illustrating how neglecting health can impede long-term success in crypto.
Deep dives
Early Coding Journey
The speaker's early interest in coding began at the age of 12, sparked by experiencing the internet's vast information potential after growing up in a more isolated environment in Finland. With his brother's influence, he experimented with creating simple web pages using HTML and CSS, eventually progressing to more complex programming with PHP for various online projects. The creation of early online applications, such as a marketplace for how-to guides, demonstrated his entrepreneurial spirit at a young age. This exploration not only fueled his passion for technology but also solidified his understanding of the opportunities available on the internet.
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Discover
highlights
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