The Pomp Podcast

#941 Russell Starr On Bringing Crypto To The Public Markets

May 1, 2022
Russell Starr, Chairman & CEO of DeFi Technologies, delves into the fascinating world of decentralized finance and its impact on public markets. He discusses the challenges and opportunities facing crypto in Europe and highlights pivotal regulatory changes. The conversation touches on the dynamic links between Bitcoin, tech stocks, and inflation amidst economic uncertainty. Starr also shares insights on the future of digital assets, potential for a spot Bitcoin ETF in the U.S., and the importance of financial literacy in navigating this evolving landscape.
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INSIGHT

True Inflation

  • Russell Starr believes actual US inflation is closer to 20%, not the reported 8.5%.
  • He criticizes the Fed for manipulating the inflation calculation and suppressing free speech.
INSIGHT

Fed's Power

  • The Federal Reserve has the power to change narratives and manipulate economic data.
  • They might raise the inflation target and continue raising interest rates, further hurting consumers.
ANECDOTE

DeFi Technologies Uplisting

  • DeFi Technologies recently uplisted to the OTCQB exchange to increase US investor access.
  • They faced challenges due to negative perceptions of "crypto" and "DeFi" in the US regulatory environment.
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