In this episode of Magic Internet Money, host Brad Mills invites Coindesk editor Ash Bennington onto the show to talk about Real Vision, Ash’s online web show about the world of finance. The duo discuss Ash’s experience at Coindesk and during the Dotcom bubble in the late 90’s. Brad questions Ash on the part he plays in his own show, most notably as a neutral voice between guests. Ash offers his thoughts on blockchain technology and how the digitization of finance, like everything else digital seems inevitable.
Time Stamps
00:00:31 - Introduction
00:04:10 - What is Real Vision?
00:07:32 - How Ash got into crypto
00:15:27 - Differences between financial journalism and media
00:18:18 - Token speculation and securities discussion
00:24:58 - Comparison between blockchains and traditional finance
00:31:33 - Security protocols and blockchain upgrades
00:37:40 - Social media influence on markets, their effects
00:45:03 - Benefits of blockchain technology
00:49:46 - Game theory and governments
00:56:57 - Bitcoin philosophy and related questions
01:01:02 - History of centralized banks and decentralized finance
01:08:05 - Risk and how institutions manage it
01:13:20 - The fed and the pandemic
01:17:00 - “How is the banking system not on the brink of collapse?”
01:28:00 - Reducing cost of goods, rising cost of education, health
01:31:35 - Twitter question for Ash, future speculation and goals
01:37:29 - 2001 bubble analogies, then and now
01:45:08 - Closing remarks
Links to Mentions in the Show
Distributed Ledger Technology (DLT)
The Creature from Jekyll Island
Find Ash Bennington
Find Brad Mills
Magic Internet Money Instagram
Produced by Brad Mills - Twitter, Jason Sanderson - Podcast Tech. Art by Daniel Huddlestone, Show Notes by Go Full Crypto.
Other Credits: bitconnect theme by schmoyoho, graphics by CryptoScamHub, Magic Internet Money inspired by u/mavensbot, invention of Bitcoin & all cryptocurrencies by Satoshi Nakamoto.