StrictlyVC Download
VC David Pakman Makes the Case Why AI Needs Crypto
Dec 9, 2023
David Pakman, Managing Partner and Head of Venture Investments at CoinFund, discusses the recent rise of Bitcoin, the evolution of crypto investments, and the benefits of blockchain platforms. He also highlights the differences between the Federal Reserve's instant payments plan and stablecoins. In addition, they explore Sindri, a company enabling blockchain scalability, and the specialized knowledge required for zero knowledge proofs.
31:52
Episode guests
AI Summary
Highlights
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Stablecoins streamline global remittance, indicating growing demand for digital assets.
- Web3 enables decentralized AI and ownership of intellectual property, creating fair platforms.
Deep dives
Crypto market adoption and growth: Stablecoins and institutional interest
Crypto has seen significant growth and adoption, with stablecoins playing a major role. Stablecoins offer a low-cost and quick way to send money globally, without the need for traditional banking hours. Companies like PayPal and Coinbase are now using stablecoins to streamline global remittance. Additionally, traditional financial services companies are making it easier for consumers to buy Bitcoin and Ethereum on the stock market, indicating growing demand for digital assets. While the price of Bitcoin may fluctuate, the long-term trend suggests that cryptocurrencies like Bitcoin, Ethereum, and Solana are likely to increase in value over time.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
