Decrypt Media: Are Regulations Driving Crypto to The Mainstream?

CRYPTOVERSE ·
Featuring Daniel Roberts and Ash Bennington

Published on: April 1st, 2021 • Duration: 62 minutes

Daniel Roberts, editor in chief at Decrypt Media, joins Ash Bennington, Real Vision senior editor, to talk about crypto regulation, commercial applicability of blockchain, and crypto tribalism. Roberts explains that the crypto community seems to be bifurcated into two groups—those that encourage regulators to pay attention to the space and those that don’t believe regulators should be involved at all—and that the regulation has helped crypto go mainstream, which helps with greater adoption and institutional investments. Roberts discusses the importance of commercial use of blockchain, pointing out that there is tremendous value for artists who use NFTs to sell their work as it enables them to monetize without needing the backing of major publishers or art galleries. He also touches on the many different tribes he sees in crypto. To him, it appears that many of the newer entrants to the space have a much more open-minded approach and are less tribal than the early adopters. Filmed on March 30, 2021. Key Learnings: There are many exciting commercial use cases for blockchain with NFTs being a great example of how individuals can profit from their own work without relying on large central intermediaries. Roberts believes that newcomers to the space are much less tribal and more open to new uses of blockchain than the early adopters. Regulations have improved the chances for mainstream adoption and seem to raise the outsiders’ view on crypto.