The Defiant - DeFi Podcast
Crypto has a major problem says MakerDAO Co-Founder
Nov 27, 2023
Rune Christensen, Co-Founder of MakerDAO, discusses crypto adoption in Turkey, regulatory challenges, the potential collapse of the dollar, decentralized stable coins, and increasing participation in DeFi governance.
55:22
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Quick takeaways
- The crypto industry should focus on real-world applications and user needs, moving beyond building for crypto nerds.
- Turkey is a valuable market for stablecoin adoption with a strong desire to use crypto and potential for innovation.
Deep dives
The importance of expanding the crypto market beyond crypto enthusiasts
The podcast episode highlights the need for the crypto industry to move beyond building for crypto nerds and focus on real-world applications. The speaker emphasizes that there is a huge market for crypto with opportunities to go beyond white papers and equations. The podcast particularly highlights Istanbul as a top market for stablecoins due to crypto enthusiasm and inflation experiences. The significance of gathering the global crypto community in Turkey is to encourage builders to focus on user needs and build what the actual users want.
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