Finding Edge In Crypto

Published on
January 18th, 2021
52 minutes

Anthony Pompliano’s Story: Lessons on Bitcoin, Life, and Investing

Finding Edge In Crypto

The Interview - Crypto ·
Featuring Meltem Demirors, Mark W. Yusko, and Alex Saunders

Published on: January 18th, 2021 • Duration: 52 minutes

Meltem Demirors, Chief Strategy Officer of CoinShares, Mark W. Yusko, CEO and CIO of Morgan Creek Capital Management, and Alex Saunders, CEO and Founder of Nugget’s News, join Ash Bennington, Real Vision Senior Editor, to discuss decentralized finance, Bitcoin’s role in DeFi, and what its future might look like. Each of the guests take time describing what decentralized finance means to them, touching on how they expect this to change over time. They explain their thoughts on some of the current emerging DeFi projects as well as whether or not Bitcoin should be considered a “Defi” project. Questions from the audience are answered by the panelist, including, “How do you think the government will respond to Defi?” Filmed in the summer of 2020.
Key Learnings: It is still very early in the crypto space – the wild west of finance. Investors should be paying attention to how regulators are reacting to the space. Decentralized finance is a very nascent subsection of crypto, with some serious risks, especially in regards to regulations, but may also have significant room to grow if its utility catches on to a wider audience.



  • AX
    Anthony X.
    19 February 2021 @ 04:38
  • PS
    Pablo S.
    31 January 2021 @ 19:13
    Great overview of defi, I wish it went longer. It was nice to discover Mark, I enjoyed the way he phrases information. Alex is one of my favorite voices in crypto as always. Idk why Meltem is receiving so much dislike in the comment section? Some people don't like the way she talks? Have you hung out with Millennials or gen Z'rs? We literally talk in memes. I think the diversity she brings to this group is good. She brought up interesting overviews of ideas such as -Separating Money and the State. -Bitcoin as a social movement - The power behind the story of the "Dollar" in other countries To say she brought no value to the conversation is ludicrous. I'm a millennial male and though I prefer more technical and in depth analysis of crypto, that's not everyone's cup of tea. I think she appeals to the crowd through stories and ideas and even though these ideas might not appeal to you, they do appeal to others. I've talked with two of my friends about crypto and defi and the part that most appealed to them was the idea of a social movement. They could care less about all the technical aspects that I get excited about. Lastly, it's interesting that people noted that she cursed. I didn't even notice it. Maybe some people have kids or see it as "unprofessional" but I could care less.
    • NH
      Neil H.
      11 February 2021 @ 01:04
      I agree Pablo. I do not learn any worse with a smile on my face, in fact I learn better due to the heightened sense of engagement than emotions can bring.
  • SR
    Samhit R.
    9 February 2021 @ 16:45
    A certain 'high-level' committee formed by the Indian government just recommended a blanket ban on all non-state crypto. Seems like 70 years of analog socialism and the unimaginable poverty that engendered wasn't enough for the current dispensation that is allegedly 'pro-development'. That said, it is the same leadership that thought demonetisation was a great idea.
  • JM
    Jonothan M.
    27 January 2021 @ 12:58
    Meltem just gets far too preachy in this for me, She takes it off topic and just oozes self pity. Not the best RV video
  • RL
    R L.
    27 January 2021 @ 01:52
    Yea Meltem is a bit annoying. She seems to take on this persona as someone that doesn't know anything when really she thinks she is the smartest in the room. She just seems to lack confidence but wants to be the center of attention. And worst, privileged. Relax.
  • DC
    Devin C.
    26 January 2021 @ 23:39
    Meltem adds nothing and sometimes detracts from the quality of this discussion. Minus Meltem next time would be better
  • MA
    Matthew A.
    18 January 2021 @ 16:01
    I like the idea of Banks losing the advantage of their privilege over a more competitive open finance system. However Devils advocate.. while DeFi will be transparent because of the nature of the open blockchain, that doesn't mean the people writing the smart contracts are going to be any more equitable than the current banking system. And it certainly doesn't mean that the average consumer will magically start reading the terms of service fine print of smart contracts to defend themselves against inequitable smart contracts.
    • AS
      Antonius S.
      24 January 2021 @ 01:34
      Agree - no value add from her
  • EA
    EMRAH A.
    23 January 2021 @ 04:18
    Great points made. Mostly the evolution from the state and religion point. After the conflicts and wars post-WW2, the governments lost the control and the greed in the street and the unfair taxation led to the financial inequality that we see it today. Even pre-pandemic the level was so unbalanced between boomer and millennials, there had to be some big things to do. I think the crypto is interesting, innovating and challenging. I support it, I get it. It touches the open source software and has a great network effect I get it. But it is not low energy, not natural at all. Assumes we have energy, electric, network fully functional at all times. It is just a software means of sharing and distribution of the value. We have had other solutions like metals. The gold/silver/platinum trio is well-tested, working just fine. Has its own challenges but far more battle tested and low energy with real anonymity as opposed to blockchain. Meltem had a point separately made on her stream about crypto being a proxy for energy. Perhaps later they will discuss this too, but I dont think it is a compelling argument.
  • JP
    John P.
    18 January 2021 @ 16:49
    She sounds dumber than she is with her constant cursing.
    • ND
      Nivtej D.
      19 January 2021 @ 18:44
      I agree
    • DD
      David D.
      21 January 2021 @ 07:58
      yes, I agree too
  • MR
    Michael R.
    20 January 2021 @ 19:42
    Get this crew back for a 2021 update! Fantastic forum!
  • LK
    Lance K.
    18 January 2021 @ 14:41
    Meltem seems like a very intelligent woman, but I just can’t listen to. 30 something woman (or a teenager for that matter) who sounds like that.
    • JW
      John W.
      18 January 2021 @ 15:34
      Young, beautiful, extremely intelligent only thing lacking is a bar of soap in her mouth, It is embarrassing to have to pause the video every time my children come into daddy's office.
    • TG
      Thomas G.
      18 January 2021 @ 16:15
      I think it is a bit ignorant of her to say that everyone in the world wants a US Dollar just because she traveled to a couple places, her experience does not reflect a world reality. I am a Brazilian/american citizen who has traveled a lot, and that is simply not true. If you want to pay someone in Dollars in Brazil for example, good luck. I am sure many places in the world prefer their local currency as to US dollars or bitcoin. It does depend on the strength of the dollar as well.
    • JE
      JM E.
      19 January 2021 @ 06:39
      Don't think we need to be talking about Melton. Let's focus on the actual topic. It's standard for people to focus on a woman's look/voice/intelligence, even in a crypto discussion. That needs to end immediately. There are plenty of men in the space that are annoying/gross/loud/obnoxious/eccentric... whatever adjective you want to use. But, that should not be the focus at all.
    • JE
      JM E.
      19 January 2021 @ 06:43
      P.S. Just pointing this out (it doesn't bother me): Raoul curses in nearly every interview. Never heard anyone comment about that.
    • TF
      Terry F.
      19 January 2021 @ 20:18
      It appears to me that Meltem is very intelligent and knows her shit. If I can gain more knowledge about crypto by listening to her broadcasts, then she can curse around me any day of the week.
    • MJ
      Matt J.
      20 January 2021 @ 13:04
      I'd urge you to focus more on what the presenters have to teach and what you can learn from, rather than focusing on the sound of their voice/looks.
  • JD
    John D.
    20 January 2021 @ 10:36
    This recent podcast goes deeper into the topic
  • VP
    V P.
    18 January 2021 @ 11:33
    When was this interview recorded ?
    • JD
      John D.
      20 January 2021 @ 10:02
  • JW
    John W.
    18 January 2021 @ 15:31
    If a government makes it illegal to transact using BTC in it's jurisdiction (think the temporary snafu with Ripple) and the law is enforced by jail time, and exchanges are not allowed to off-ramp to fiat, effectively the value of BTC in that country would be what exactly? Where is the value under those circumstances? Sure, all kinds of instruments/leverage/alpha in the short term, but when the king declares the new coin of the realm, and if it is not BTC...
    • JD
      John D.
      20 January 2021 @ 09:58
      Blow is illegal. What is the price? 🤔
  • ND
    Nivtej D.
    19 January 2021 @ 18:46
    Meltem ... chill bro lol
  • MS
    Martin S.
    19 January 2021 @ 00:56
    I think that the only way banks can really stop DeFi on its feet is by lobbying their respective governments to go back to the gold standard. DeFi is inferior to a digitalized gold standard with 100% fractional reserve. There is a reason why, over thousands of years, humans decided that the institution of money, which is a protocol to address the non-computable nature of the problem posed by indirect exchange, should be redeemable and fungible, among other things. However, the big banks of today belong to no one in particular, their management have no skin in the game and will not take the hard, long road of the gold standard.
  • JB
    Jack B.
    18 January 2021 @ 23:48
    You got the names in the right order in terms of air time. Wish I knew that before turning on.
  • JP
    John P.
    18 January 2021 @ 16:50
    Great interview.
  • JP
    John P.
    18 January 2021 @ 16:50
    Also. Does “learnings just mean” lessons? Why did we need a new word?
  • BS
    Boris S.
    18 January 2021 @ 09:30
    This one is a masterpiece. Really enjoyed it on Crypto gathering.