Bankless

43 - Crypto from the Outside | Demetri Kofinas

Dec 14, 2020
Demetri Kofinas, host of the Hidden Forces podcast, provides a critical external perspective on the cryptocurrency industry. He discusses the distrust in institutions, the complexities of regulatory frameworks like the Stable Act, and the philosophical dilemmas surrounding property rights in digital assets. Kofinas emphasizes the importance of questioning established norms, particularly in light of recent economic challenges. The conversation also touches on the evolving dynamics between Bitcoin and nation-states, offering a balanced view on the future of decentralized finance and crypto's role in society.
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INSIGHT

2008 Financial Crisis: A Political Crisis

  • The 2008 financial crisis, initially a financial and economic crisis, has become a political one.
  • Policymakers prioritized themselves by printing money, creating a political crisis.
INSIGHT

Hidden Forces and Critical Thinking

  • Demetri Kofinas created Hidden Forces to explore power structures shaping our world.
  • Critical thinking is vital for understanding these structures and forming own judgements.
ANECDOTE

Demetri Kofinas's Motivation

  • Demetri Kofinas's competitive nature influenced his approach to critical thinking.
  • Early experiences of being unable to justify beliefs fueled his desire to understand.
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