The Money Movement with Jeremy Allaire | Leaders in Blockchain, Crypto, DeFi & Financial Inclusion Ep 59 | Free Markets and the Evolution of Digital Finance Platforms with Brian Brooks of Bitfury
May 6, 2022
38:39
Innovation has been essential to creating the modern lifestyle many enjoy today, but requires a risk appetite and a willingness to let markets express consumer preferences that emerge in a free and open society. Blockchain networks and decentralized platforms are creating a new set of conditions for digital finance transactions that can broadly increase inclusion and quality of service, and policymakers around the world are carefully considering the path forward.
Blockchain networks and decentralized finance can help improve or supplant existing financial infrastructure, but will need support from both sides of the aisle to truly unlock the benefits of digital finance and programmable money.
In this episode of The Money Movement, Jeremy is joined by Brian Brooks, Chief Executive Officer at Bitfury Group and former U.S. Acting Comptroller of the Currency.
They cover:
👉 [00:01:05] Brian’s journey into digital finance
👉 [00:02:30] DeFi as a superior architecture for finance
👉 [00:05:00] Defining the use case of cryptocurrency
👉 [00:08:00] DeFi’s potential to change how we interact
👉 [00:10:32] Aligning long-held value systems to the DeFi disruption
👉 [00:15:11] Freedom being the ultimate use case of DeFi
👉 [00:18:30] Dealing with a regulatory approach towards the risk of innovation
👉 [00:21:00] Defining a model for global adoption of DeFi
👉 [00:24:45] What can be done to influence how governments perceive DeFi
👉 [00:29:03] Risk as the inherent nature of innovation
👉 [00:31:39] How to define risk in a way that empowers people
👉 [00:33:50] How DeFi can preserve privacy and provide security
👉 [00:39:22] Creativity as the catalyst for the Cambrian explosion of astounding technologies
If you’re interested in how the digital finance platforms can evolve amid free markets and regulations, tune in to this episode of The Money Movement.
Subscribe here:
👉 YouTube: https://bit.ly/3lUcJFN
👉 Apple: https://apple.co/3G3CrPZ
👉 Spotify: https://spoti.fi/3lUd6jF
And connect with Brooks here:
👉 Twitter: https://twitter.com/brianbrooksus
About the show
The global economy is experiencing unprecedented challenges and change. Business leaders everywhere are grappling with how to transform their companies to become more digital, resilient, and efficient. As we face this change, a new global movement is building around the promise of digital currencies and blockchains — forming a new architecture for the global economy and creating new opportunities for companies everywhere. The Money Movement explores and chronicles the issues and ideas driving this brave new world of digital money.
The Money Movement is brought to you by Circle. Our mission is to raise global economic prosperity through programmable internet commerce. Learn more about Circle Business Accounts and Platform APIs at circle.com.
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