LTB #404 Crypto Plastic & Bitcoin's 90/10 in India
On Today's Episode of Let's Talk Bitcoin...
In our first segment, we'll join Andreas Antonopoulos, Stephanie Murphy, Jonathan Mohan, and Adam B. Levine for a look at the varied approaches being used to connect your Bitcoin to credit card style ease-of-use.
After the break, guest host Alex Gladstein and Adam B. Levine sit down once again for another installment of LTB Global Voices. This time we talk with Aparna Krishnan about the unique situation brewing in India today.
Today's episode was sponsored by Edge.app and BlockchainTraining.org
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Highlights:
“It's almost as if the entire mechanism is designed to put you into debt, hopefully to get you to a point where you end up racking up fees to enrich some group of bankers..as if the entire system is designed to not only make you a debt slave, but make sure that you work for a wage salaried position to a giant corporation.” - Andreas Antonopoulos
“..if anyone represents themselves as insured, you have to really look into what they mean. I feel like a lot of people are conflating one type of insurance with the other when they're making financial decisions about where they put their money. So when it comes to collateralized lending and engaging in margin, that's the whole point that crypto was trying to escape is that type of understanding of finance” - Jonathan Mohan
“..when you say something like “banking the unbanked,” it's important to understand why people are unbanked in the first place. One thing that I found really interesting in India was that a large number of these people who are unbanked don't know how to use the existing financial system. It's not that they don't have access to financial systems.” - Aparna Krishnan
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Episode 404 featured content from Andreas Antonopoulos, Stephanie Murphy, Jonathan Mohan, Adam B. Levine, Alex Gladstein, and Aparna Krishnan. This episode featured music by Jared Rubens and General Fuzz, with editing by Steven and Adam. Any questions or comments? You can either email adam@letstalkbitcoin.com, or now leave a voice message directly through your anchor.fm app, or on the new show page at ltbshow.com
Image credit: CC-SA http://www.picpedia.org/credit-cards/credit-cards09.html