CC 4 - Government Missed Their Chance to Crush Cryptocurrencies, Now Open Source Style Blockchain Can Advance with Nithin Eapen
The CryptoCast with Jason Hartman · Jason Hartman
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Show Notes
Jason Hartman talks with Nithin Eapen, former World Series of Poker player and current Chief Information Officer at Arcadia Crypto Venture, about what is going on in the cryptocurrency world. Nithin is taking a very long position in cryptos with his family office fund, and gives a general idea of how he's positioning himself to profit as the market continues to expand as he expects.
In this half of the interview, Jason and Nithin also debate the government's ability to suppress the cryptocurrency world as it becomes a bigger and bigger competitor to their currency, as well as detail how the blockchain will continue to improve and the market that crypto can tap in to that modern day banking can't.
Key Takeaways:
[0:56] Nithin's journey from the World Series of Poker to running a cryptofund
[1:56] A macro view of the cryptocurrency landscape and where we go from here
[7:26] What happens when governments start making cryptocurrencies illegal?
[9:04] Why is Japan so pro-Bitcoin?
[12:18] Did governments miss the boat on squashing Bitcoin?
[16:13] Transaction speed on the blockchain is incredibly slow right now, which is causing issues
[19:10] How do you profit even though there can be an unlimited number of coins offered in the cryptocurrency space?
[23:24] There's a large part of the world who are unbanked, but there are very few people who don't have a phone, which provides an opportunity for things like cryptocurrency