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Hidden Forces

Latest episodes

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May 2, 2022 • 42min

The End of the Beginning for Crypto | Michael Anderson & Vance Spencer of Framework Ventures

In Episode 246 of Hidden Forces, Demetri Kofinas speaks with Michael Anderson and Vance Spencer. Michael and Vance are the founders of Framework Ventures, a crypto-native venture capital firm with a team of technologists, researchers, and investors that actively build alongside the companies and protocols in which they invest. They were on the podcast two years ago to discuss their thesis on the opportunities in decentralized finance and they are back on today to talk about blockchain gaming and their latest, big bet on the future of the crypto industry. We are huge fans of these guys. They’re thoughtful. They’re passionate. And they’re native. They’ve grown up in this space and their investment philosophy and framework reflect this. Besides discussing the opportunities in gaming, Michael and Vance also share elements of their approach to investing in crypto, how they source deals and outcompete legacy venture funds with deep pockets in an industry that is long on capital but short on know-how: the type of know-how that results from a philosophy of active participation running nodes, staking assets, providing security reviews, building tools, and participating in network governance. Our objective in bringing you this conversation is to give you a roadmap for investing in what can often feel like an intimidating and rapidly changing space that we believe will nonetheless produce some of the biggest value generating opportunities in software and some of the most rewarding opportunities for cultivating monetizable online experiences and collaboration on the Internet. You can access the full episode, transcript, and intelligence report to this week’s conversation by going directly to the episode page at HiddenForces.io and clicking on "premium extras." All subscribers gain access to our premium feed, which can be easily added to your favorite podcast application. If you enjoyed listening to today’s episode of Hidden Forces you can help support the show by doing the following: Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed Write us a review on Apple Podcasts & Spotify Subscribe to our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe & Support the Podcast at https://hiddenforces.io Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 04/20/2022
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Apr 25, 2022 • 54min

How to Position & Prepare Yourself for the End Game | Grant Williams

In Episode 245 of Hidden Forces, Demetri Kofinas speaks with Grant Williams. Grant is the host of the Grant Williams Podcast and the author of the “Things that Make You Go Hmmm…” newsletter, which you can find at Grant-Williams.com. We are grappling with what will turn out to be the greatest socio-economic and political changes in one hundred years. What these changes will mean for the future of democracy, civil society, and the viability of capitalism are what today’s conversation is all about. How you choose to position yourself in anticipation of these changes is one of the most important challenges you will ever face as an investor and sovereign individual. This episode is meant to help you work through those challenges and guide you through the changes to come. You can access the full episode, transcript, and intelligence report to this week’s conversation by going directly to the episode page at HiddenForces.io and clicking on "premium extras." All subscribers gain access to our premium feed, which can be easily added to your favorite podcast application. If you enjoyed listening to today’s episode of Hidden Forces you can help support the show by doing the following: Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed Write us a review on Apple Podcasts & Spotify Subscribe to our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe & Support the Podcast at https://hiddenforces.io Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 04/18/2022
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Apr 18, 2022 • 46min

Global Food Shortages & the Need for Energy Security | Doomberg

In Episode 244 of Hidden Forces, Demetri Kofinas speaks with the always congenial, yet uncompromisingly opinionated chicken, Doomberg. Doomberg’s expertise in heavy industry makes him the perfect guest to discuss what’s happening in energy and commodity markets. So, it’s no surprise that he and Demetri talked about this, as well as the investment opportunities in uranium, which Doomberg has written about extensively in his most recent post on substack titled “Sitting Down With Sprott.” The two also discuss the renewed lockdowns in Shanghai, how they compound existing global food and supply chain issues, and how those issues are part of a larger set of challenges that will lead to food shortages, particularly in the developing world. This has implications for everyone on the planet, even the developed countries, but especially the Europeans who will experience even more migratory pressure from Africa and the Middle East. This adds to the destabilizing political forces that we’ve described so many times on this podcast. this  part of the episode along with a discussion about the future monetary system are all in the second half of their conversation, which is available to premium subscribers only.  You can access the full episode, transcript, and intelligence report to this week’s episode by going directly to the episode page at HiddenForces.io and clicking on "premium extras." All subscribers gain access to our premium feed, which can be easily added to your favorite podcast application. If you enjoyed listening to today’s episode of Hidden Forces you can help support the show by doing the following: Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed Write us a review on Apple Podcasts & Spotify Subscribe to our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe & Support the Podcast at https://hiddenforces.io Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 04/11/2022
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Apr 11, 2022 • 54min

How to Survive in the New Economic & Financial Order | Russell Napier

In Episode 243 of Hidden Forces, Demetri Kofinas speaks with investor and financial historian Russell Napier. Russel was on the podcast a year ago for a conversation about his book on the Asian Financial Crisis and “The Birth of the Age of Debt.” Today’s episode picks up where that conversation left off, building on the foundations of the post-Bretton Woods system of flexible exchange rates and dollar hegemony to speculate on what comes next—on what the new order that is now being born will look like, how it will operate, and what its implications will be for economies, industries, portfolios, and the role of the dollar in the new, international monetary system. It’s a conversation about inflation, war, and how to position oneself for a new world where old assumptions about monetary policy, risk-taking, and the power and influence of governments to shape economic opportunities will need to be radically rethought. Understanding who the winners and losers of this new economic and political order will be, as well as the asset classes, industries, and companies that will benefit from it is an imperative for investors. This conversation is meant to help you develop the mindset and strategies that you will need to navigate this new world. You can access the full episode, transcript, and intelligence report to this week’s conversation by going directly to the episode page at HiddenForces.io and clicking on "premium extras." All subscribers gain access to our premium feed, which can be easily added to your favorite podcast application. If you enjoyed listening to today’s episode of Hidden Forces you can help support the show by doing the following: Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed Write us a review on Apple Podcasts & Spotify Subscribe to our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe & Support the Podcast at https://hiddenforces.io Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 04/07/2022
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Apr 4, 2022 • 1h 16min

The Information War & Things Worth Fighting For | Demetri Kofinas

In Episode 242 of Hidden Forces, Demetri Kofinas shares an appearance he made on “The Realignment” podcast a week before the invasion of Ukraine. Demetri spoke to the seriousness with which he views the information problem and the information war that we’re all combatants in today, the move from unipolarity to a world of disorder, as well as the spiritual deadening that he feels we’ve all been living through. He also discusses the need for both a national purpose and a sense of self that is inclusive, communal, and forgiving of our individual shortcomings—a sense of self that makes space for the imperfections of a human life. The world that we are living in today is not the world that most of us grew up in and the next few years are going to be crucial in determining how we want to face the challenges of this new world and more importantly who we want to be coming out the other side of it. What matters to us? Who are we, beyond the carefully curated exteriors that we present on our social media feeds? What do we deem worth fighting for? That’s a question we have yet to answer and haven’t had to answer for a very long time. This is a luxury we can no longer afford. You can access the full episode and transcript to this week’s conversation by going directly to the episode page at HiddenForces.io and clicking on "premium extras." All subscribers gain access to our premium feed, which can be easily added to your favorite podcast application. If you enjoyed listening to today’s episode of Hidden Forces you can help support the show by doing the following: Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed Write us a review on Apple Podcasts & Spotify Subscribe to our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe & Support the Podcast at https://hiddenforces.io Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 02/16/2022
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Mar 28, 2022 • 41min

Preparing the U.S. & Europe for Russian Cyber Attacks | Chris Painter

In Episode 241 of Hidden Forces, Demetri Kofinas speaks with Chris Painter, a globally recognized leader and expert on cyber security who has been at the vanguard of U.S. and international cyber issues for over thirty years—first as a prosecutor of some of the most high-profile cybercrime cases in the country and then as a senior official at the Department of Justice, FBI, the National Security Council, and the State Department. He’s responsible for having established the Office of the Coordinator for Cyber Issues and served as Senior Director for Cyber Policy in the National Security Council. With the Biden administration reiterating prior warnings that the Russian Government is exploring options for conducting cyberattacks against the United States in response to sanctions levied against the Russian economy, we wanted to help bring all of you up to speed on exactly what those warnings are, what steps are being taken to minimize the damage they may cause, and what the range of possible responses by the U.S. government will be depending on the nature and targets of those attacks. This conversation is meant to give you the information that you need in order to best prepare yourselves and your businesses for what might be coming next, so that you remain ahead of the curve as events evolve and as the collateral damage of the war in Ukraine potentially widens. You can access the full episode, transcript, and intelligence report to this week’s conversation by going directly to the episode page at HiddenForces.io and clicking on "premium extras." All subscribers gain access to our premium feed, which can be easily added to your favorite podcast application. If you enjoyed listening to today’s episode of Hidden Forces you can help support the show by doing the following: Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed Write us a review on Apple Podcasts & Spotify Subscribe to our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe & Support the Podcast at https://hiddenforces.io Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 03/24/2022
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Mar 24, 2022 • 43min

Risks of Nuclear War & the Escalation Ladder | Jon Wolfsthal

In Episode 240 of Hidden Forces, Demetri Kofinas speaks with Jon Wolfsthal, a veteran of the national security establishment who has served as both special assistant to the President of the United States for National Security Affairs and senior director at the National Security Council for arms control and nonproliferation. He’s been involved in almost every aspect of U.S. nuclear weapons, arms control, nonproliferation and security policy during his 30-years of working on issues of national security. This episode is an exploration of US and Russian nuclear doctrine and decision-making protocols. It’s a conversation about how people and institutions in both the United States and Russia think about nuclear war and escalation management, acknowledging that nuclear war would be an unimaginable horror that no rational person would actually want. Today’s conversation is meant to give you the information you need to wrap your arms around what may instinctively feel like a hopelessly scary and irrational situation, so that you can develop the composure you need in order to deal with it. You can access the full episode, transcript, and intelligence report to this week’s conversation by going directly to the episode page at HiddenForces.io and clicking on "premium extras." All subscribers gain access to our premium feed, which can be easily added to your favorite podcast application. If you enjoyed listening to today’s episode of Hidden Forces you can help support the show by doing the following: Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed Write us a review on Apple Podcasts & Spotify Subscribe to our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe & Support the Podcast at https://hiddenforces.io Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 03/21/2022
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Mar 21, 2022 • 50min

The Battle for Ukraine & Prospects for World War III | Peter Zeihan

In Episode 239 of Hidden Forces, Demetri Kofinas speaks with Peter Zeihan geopolitical strategist and author of the soon-to-be-released book “The End of the World is Just the Beginning: Mapping the Collapse of Globalization.” Demetri asked Zeihan back on the podcast in order to get his perspective on the very serious situation that is unfolding in Ukraine and Eastern Europe at the moment. We discuss the European security theatre, US-Russia relations, the risks of military confrontation with NATO, nuclear escalation, and knock-on effects to global energy markets and food systems. We also speculate on China’s involvement in the diplomatic efforts over Ukraine, the implications for Taiwan, the US Dollar system, and so much more. Our objective in bringing you this conversation is to situate the war in Ukraine within this larger geopolitical framework, so that when you see things like Saudi Arabia engaging in talks with China to price some of its oil sales in Renminbi or Egyptian bonds selling off over concerns about wheat shortages and rising prices you are able to put it all in context. The full episode, transcript, and intelligence report to this week’s conversation can be accessed by going directly to the episode page at HiddenForces.io and clicking on "premium extras." All subscribers gain access to our premium feed, which can be easily added to your favorite podcast application. If you enjoyed listening to today’s episode of Hidden Forces you can help support the show by doing the following: Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed Write us a review on Apple Podcasts & Spotify Subscribe to our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe & Support the Podcast at https://hiddenforces.io Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 03/17/2022
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Mar 20, 2022 • 4min

Hidden Forces Event in New York City | Thursday, March 31st

I'm hosting an event at Ideal Glass Studios in New York City’s Greenwich Village on Thursday, March 31st. The event includes a panel featuring the founders of Nillion, a decentralized public network based on an exciting new cryptographic primitive called Nil Message Compute (NMC) that I recently covered in Episode 234 with Miguel De Vega. Attendees will have a chance to learn more about the project, ask questions of the panelists, and socialize with fellow Hidden Forces listeners and past guests of the podcast who will also be in attendance. Doors open at 6 PM EDT and the panel will begin promptly at 7 PM. Make sure to RSVP here while there are still seats available.
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Mar 17, 2022 • 52min

Quantifying Structural Risk in 'Zombified' Markets | Hari Krishnan & Ash Bennington

In Episode 238 of Hidden Forces, Demetri Kofinas speaks with Hari Krishnan (Head of Volatility Strategies at SCT Capital) and Ash Bennington (Senior & Crypto Editor at Real Vision) about their book “Market Tremors: Quantifying Structural Risks in Modern Financial Markets.” Since the Global Financial Crisis, market structure has undergone a dramatic shift. A combination of Central Bank policy, disintermediation of commercial banks through regulation, and the growth of passive products such as ETFs have ‘zombified’ markets. Risk has increasingly built up beneath the surface through a combination of excessive leverage and crowded exposure to specific asset classes and strategies. In many cases, historical volatility understates prospective risk. This conversation is meant to expose you to some of the ideas behind Market Tremors, which provides a practical and wide-ranging framework for dealing with the credit, positioning, and liquidity risk that investors face in modern markets. Ash and Hari draw on the fields of statistical physics and game theory to simplify and quantify the impact of very large agents on the distribution of forward returns, and offer techniques for dealing with situations where markets are structurally risky yet realized volatility is low. You can access the transcript and intelligence report to this week’s conversation by going directly to the episode page at HiddenForces.io and clicking on "premium extras." All subscribers gain access to our premium feed, which can be easily added to your favorite podcast application. If you enjoyed listening to today’s episode of Hidden Forces you can help support the show by doing the following: Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed Write us a review on Apple Podcasts & Spotify Subscribe to our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe & Support the Podcast at https://hiddenforces.io Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 03/14/2022

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