We’re here in late 2022 with a complete meltdown in crypto, and I’ve no idea what to make of it. So I wanted to bring Sami back on the show to get a gut check. Post FTX fraud I need to make sense of it all, because I’m still super bullish on this next iteration of the internet – web3, crypto – or whatever we’re calling it. They’re solving real problems for people like me, and I’m trying all these different products around NFTs and communities – but a lot has changed since Sami was here a short time ago. And infrastructure, where W3BCloud is focused, still has to happen if the next set of winners and entrepreneurs are going to build.

I have a different set of questions for Sami who’s been in the hardware, machine, infrastructure side of computers for a very long time. It’s good to hear him explain things about this compute/infrastructure side of web3 and what it’s going to take to grow and scale in an era of decentralization and the blockchain.

Guest - Sami Issa, CEO & Co-Founder at W3BCloud

howardlindzon.com, w3bcloud.com

Twitter: @howardlindzon, @W3BCLOUD, @PanicwFriends, @knutjensen

linkedin.com/in/samiissa

#fintech #invest #investment #venturecapital #stockmarket #finance

Show Notes:

Introduction (00:40)
The current panic (00:51)
Important disclaimer (07:26)
Welcome Sami (08:25)
Understanding centralized exchanges (09:56)
Non-custodial wallets (11:29)
Post FTX silver lining (13:32)
Regulation and transparency (14:26)
JP Morgan trademarks a wallet (16:21)
Wallets explained (18:56)
Warren Buffet’s crypto play (22:56)
Infrastructure is needed (24:01)
Artificial Intelligence (24:49)
Size of the crypto market (28:25)
Understanding compute (29:02)
It’s time to build (32:16)
There is no magic money machine (34:02)
Wrapping up (35:07)
An opportunity to start again (36:31)
Closing thoughts (37:30)

Sami Issa of W3BCloud: Lessons Learned Post-FTX Fraud and Continuing to Build the Infrastructure for the Next Iteration of the Internet (EP.231)