Crypto is Not Going Anywhere

Published on
September 21st, 2020
Duration
57 minutes

The Deliberate Corporate Strategy to Adopt the Bitcoin Standard


Crypto is Not Going Anywhere

The Interview - Crypto ·
Featuring Jeff Dorman

Published on: September 21st, 2020 • Duration: 57 minutes

Jeff Dorman, chief investment officer at Arca, joins Real Vision senior editor, Ash Bennington to discuss his move from Wall Street to the crypto space and decentralized finance. Dorman explains his view of digital asset risk management and how it differs from that of traditional finance. He reveals his view of the future for the development of digital assets, what he sees as the reasons that this asset class is not going away, and his comparison between the fixed income and crypto sides of finance. Filmed on August 13, 2020.

Comments

Transcript

  • DT
    David T.
    15 October 2020 @ 15:54
    NBA players income is very risky and Covid is good example of it. Now that there are less sports and wages of players are cut due to lower franchise revenues, what's the value of those tokens? Amazon Prime increased prices as it increased services. There is no inherited benefit of having Amazon Prime in the past. Airline Miles worth much less as they cut benefits available for those miles. Starting from blackout dates to asking more miles for the same flights. The examples were really bad.
  • JS
    Jeff S.
    10 October 2020 @ 02:25
    This was immensely valuable.
  • SG
    Sashi G.
    1 October 2020 @ 10:14
    This is a good explanation of the use of blockchain technology to digitally secure assets and enable them for digital settlement instantly and outside the traditional finance system. This interview finally helped me appreciate that part of the whole story of crypto. Having said that some of the examples mentioned remined me of CDOs - you securitize an asset and in theory it pays you from its income stream. We all know what happened there in 2008. So I see the future with blockchain technology - but the caveat emptor of what you buy will ALWAYS be there. More than the people wanting to carry assets on their phone which will drive adoption - though that may be the end goal. I think banks need to get behind this technology as the bridge between the old and the new and still settle to your bank account - that will spur adoption in the immediate future.
  • MD
    Matt D.
    27 September 2020 @ 03:31
    Seriously good interview RV - thanks Ash and Jeff. This to me is why RV/ RV Crypto is priceless. Will be watching for the follow up video. Cheers.
  • DB
    Daniel B.
    25 September 2020 @ 18:22
    Please answer the most important question of all. What if, tomorrow, governments around the world declare all non-governmental cryptocurrencies illegal except the ones issue by central banks?
  • sc
    sung c.
    22 September 2020 @ 18:53
    What I appreciate about interviews like this one and the content now covered in RV Crypto, is the foundation that it helps to build into my understanding and appreciation of what is happening in the whole crypto space, not just in BTC. It helps me to build a much broader and solid foundation, which in turn allows me to more easily weather the storms of uncertainty that constantly circulate around this space. Studying the immense variety of what is taking place in the crypto space (blockchain, defi, etc.) is what has allowed me to consistently trade through the bear market with certainty and increase my holdings immensely. I feel that until now, the rocket which is the "crypto space rocket" was being rolled along, inch by inch, on the gravel road until it was able to get to the launch pad. For the past eleven years, we have been getting all the necessary support systems built just to get the "crypto space rocket" to the launch site. Truly exciting to know we are just now approaching the launch pad and are in the very beginnings of count-down getting ready for the take-off stage. Imagine what the future decades will hold for the crypto space as we eventually get to the advanced stages when the skies are filled with satellites and trips to other planets in terms of the new crypto frontiers that will be opened up. We can't know it now, but each new invention and addition will open up new ideas and opportunities for expansion. Even with my very limited knowledge I can envision this future, so I am awed what may be transpiring in the minds of those who are truly in-the-know of this amazing new space.
    • CR
      Christopher R.
      22 September 2020 @ 21:33
      That is nicely worded sung c! I have just hopped on this rocket dream myself. I hope it is an amazing journey and that crypto powered robots do not kill us in the end.
    • TP
      Timothy P.
      24 September 2020 @ 17:01
      Rocketry is dangerous, and so is crypto. Reaching-for-the-stars is all well and good, but it helps to temper that unrestrained idealism with the reality that a majority of crypto projects exist for one thing -- getting their paws on your money. Do your research, don't just pile in because some slick sales pitch promised you the moon and stars. Please.
  • DP
    Duane P.
    22 September 2020 @ 18:41
    I still don't understand where the revenue from yield farming comes from.
    • PR
      Private R.
      22 September 2020 @ 19:49
      you are the yield :)
    • CR
      Christopher R.
      22 September 2020 @ 21:36
      I get yield on my BTC from BlockFi. They use crypto assets to create liquidity for traders, hedge funds, etc and they give out crypto collateralized loans.
    • TP
      Timothy P.
      24 September 2020 @ 16:58
      It comes from their centralized controlled token. And you have to trust the people who set it up that they don't "do a runner" with their tokens and frontrun every holder that has some. If that gives you pause, congrats, you are a rational investor. As for the degenerates, the ones that pile into 100x leveraged assets and could care less where the "yield" comes from just as long as they're getting some, they'll be the willing dupes that get completely hosed by the 99.999% of the DeFi projects that will fail. I view these the same as ICO's. Two or three were legitimate, the rest were absolute scamming garbage. There is also the meta-risk of ETH failing, but none of the DeFi disciples like to talk about that, of course.
  • MH
    Muddshir H.
    22 September 2020 @ 03:39
    Great work ed
    • EH
      Edward H. | Real Vision
      23 September 2020 @ 13:38
      I'm giving this comment a thumbs up!
  • JM
    Justin M.
    22 September 2020 @ 06:52
    "raging bull market" Oh, if only that were still true. Crypto giveth and Crypto taketh away.
    • sc
      sung c.
      22 September 2020 @ 18:19
      I differ. The technicals of BTC still show we are well in the bull trend when looking at the cyclical charts. You may need to expand your chart history from day-to-day to the full 11 year history.
    • JM
      Justin M.
      23 September 2020 @ 04:18
      If you zoom out far enough every market is either bullish or zero.
  • MW
    Mark W.
    23 September 2020 @ 01:12
    So what do you think about the TZero promise of digitizing every asset and their ability to execute? Curious...
  • RP
    Raoul P. | Founder
    21 September 2020 @ 17:43
    Fascinating. This is the cutting edge and the future at the same time. I really believe that this is going to be huge and is a source of massive alpha.
    • JV
      Jerry V.
      21 September 2020 @ 17:55
      Raoul, Jeff is the more intelligent, more experienced, better looking version of me. This was a home run of value video.
    • GC
      Garrett C.
      21 September 2020 @ 23:49
      The tokenization of Spencer Dinwiddies NBA contract is widely considered to be a flop. However, there is a tactically sound approach to tokenizing A-List talent (professional athletes, famous musicians, movie stars, etc.) that’s more nuanced than Jeff’s example as well as Marc Cohodes references to Kanye West and Michael Jordan. I’ve worked at two of the most powerful talent agencies (Creative Artists Agency, United Talent Agency and also worked very closely with William Morris Endeavor) in Hollywood and understand what big name talent and their reps in LA will consider as adding value-- this strategy will also lead to success in the marketplace. What’s at sake? The company that figures out how to be the first to create a successful use case in the LA based entertainment industry will be in position to build a massive business. More than happy to share the strategy. https://www.coindesk.com/nba-player-spencer-dinwiddies-token-sale-hits-10-of-13-5m-goal
    • WW
      Will W.
      22 September 2020 @ 21:32
      I was an early investor in Fantex, which is winding down, and while some obvious mistakes were made, had tokenization been an option at the time it may have had a different outcome. Sometimes a really good idea is just too early, and someone is going to try this again and nail it.
  • MJ
    Marius J.
    22 September 2020 @ 08:56
    Helpful view of categorizing tokens to better do analysis. Tokens still feels a bit up there but this will help getting more structure in the space,
  • GL
    Greg L.
    22 September 2020 @ 05:51
    Hi Guy`s, Soo, After watching Jeff Dorman when are we going to have a R.V.token ?
  • HC
    Hao C.
    22 September 2020 @ 00:39
    The title makes it seem like crypto is going nowhere. Lolol
  • TS
    Thomas S.
    21 September 2020 @ 22:03
    thanks ... enjoyed the conversation
  • TS
    Thomas S.
    21 September 2020 @ 21:16
    Ash .. which of JG's blogposts were you referring to around the 11:00 min mark about SPAC & pass-through tokens.
  • JV
    Jerry V.
    21 September 2020 @ 17:53
    I found this video to be truly informational. Bravo