The Spectrum of Crypto Exploration

Published on
October 15th, 2020
Duration
28 minutes


The Spectrum of Crypto Exploration

The Interview - Crypto ·
Featuring Sebastian Moonjava and Ash Bennington

Published on: October 15th, 2020 • Duration: 28 minutes

Sebastian Moonjava, associate crypto editor at Real Vision, joins senior editor, Ash Bennington, to discuss a bit about Sebastian's background and entry into the crypto space. They discuss their individual interests in crypto, comparing and contrasting these interests as well as describing how their content will be curated around these. Both Ash and Sebastian touch on the various aspects of risk in the emerging crypto industry and the recent announcements of corporate treasury investments into Bitcoin from companies like Square. The conversation concludes with them discussing the importance of education and how together they plan to cover the full spectrum of digital assets. Filmed on October 13, 2020.

Comments

Transcript

  • JE
    J E.
    21 October 2020 @ 21:25
    Love it. Ash, I felt like you were talking to me when you suggested investing your time. As a former web developer, who has always been at odds with the ad model of the internet and social.. this feels like home. Looking for adventure... hopefully I can find some way to contribute to this space.
  • JK
    Justin K.
    19 October 2020 @ 22:05
    so you hired a shitcoin analyst
  • MJ
    Marius J.
    19 October 2020 @ 09:54
    Big thanks to both of you for the interview! Many comments below with various meanings about the platform. Whatever you land on Real Vision Crypto is my first site for crypto content and I am looking forward to see how it evolves. Keep up the good work!
  • RZ
    Richard Z.
    18 October 2020 @ 01:58
    Thanks for bringing this new world to us
  • DW
    Dean W.
    17 October 2020 @ 11:39
    Good intro interview. You can tell from the comments just how different and in some cases tribal peoples’ perspectives are about crypto and their personal interests. Likely not possible for RV to satisfy the info demands of 100% of subscribers but I expect that between the topics that Ash and Sebastian cover I’m going to learn a lot that I wouldn’t on my own.
  • TR
    Tadej R.
    16 October 2020 @ 22:52
    @Ash, thanks introducing kind of your more like personal view on crypto. I would love to see like 1h interview with Edward Harrison and his view on this topic, I dont think I've seen him. I feel he would bring a great, maybe more a bit neutral insight. Great interview, keep beeing amazing guys! ♥️
  • KB
    Kirk B.
    16 October 2020 @ 22:28
    Good introduction to RV's vision for the RV Crypto channel, and the challenges it will confront in developing the appropriate mix of content that provides value to a quite diverse audience. One aspect of this vision, as presented by Ash, is to provide education to a general audience from a "50,000 ft." perspective; the other aspect, as presented by Sebastian, is to focus on the current "edge/fringe," going deep "into the weeds." Although I did start investigating and investing in cryptocurrencies beginning in 2014, .I decidedly fall into the "general audience" category. While I would be interested in content from perhaps even a 10,000 or 20,000 ft. perspective, I have little interest in the trees, the weeds, or what new is now happening at the outer edge of the field. There is a large array of crypto media available to those interested in being in the weeds and the fringe, but virtually none providing good content to a general audience, which I believe would include most of those in all tiers of RV subscribers. I therefore hope that the RV Crypto Channel does not neglect the educational interest and needs of RV's general audience as it moves forward. A particular challenge in providing a balance between content of interest to a general audience and that of interest to those at the cutting edge would be how to package it, so that the audiences don't get discouraged from investing their time with content that is too general or too specialized. Perhaps, RV Crypto will need to develop distinctive levels of content--tents, or designate the intended audience. Currently, clues as to the level of content can be obtained from the interview summery, but even more so from the comments. When commenters state that they only understood 40% of an interview, this presents a problem in retaining the attention of a general audience. Likewise, there appears to be is a problem in the opposite direction for cutting edge viewers finding that they wasted their time on too generalized information, as reflected in their comments. I am confident in RV's creative ability to resolve this conundrum.
  • TF
    Terry F.
    16 October 2020 @ 19:28
    Ash stated " I do not invest directly in cryptocurrency. I own a small position in Bitcoin that I hold through a brokerage account through a product that trades OTC, but I don't actually invest in the underlying coins." I am assuming he is referring to GBTC?
  • AA
    Aymman A.
    15 October 2020 @ 19:58
    RV should cover Bitcoin to a great and detailed degree. RV is for financial people and Macro investors. The ONLY macro instrument is BTC. I would like RV to go into the depths of on-chain analytics for BTC. This current wave of BTC adoption is being powered by corporate treasuries, maybe even sovereign wealth funds. They do OTC transactions. Their volume does NOT show up in the BTC volume of your charting program. That is the Exchange Volume of retail buyers. Corporations do not go to exchanges. On-chain analytics is important. I am trying to understand it ... with NO help from RV. Even after you are convinced about the macro case for BTC there is much to understand about BTC. I have commented that RV should interview Willy Woo who in my opinion is the best on-chain analytics guy out there. RV Crypto instead is becoming a “Shitcoin” platform. I will not subscribe to it.
    • SM
      Sebastian M. | Real Vision
      15 October 2020 @ 20:18
      I reached out to him today after he retweeted me.[willy woo] We have a few on-chain analytics teams already on, and a few more coming. I'm confident the community will enjoy the majority of content coming from RV crypto, and if you'd prefer not to hear about nonbtc projects we will have plenty of BTC specific discussion. Feedback always welcomed here. It helps us curate the content, but there is a large demand for info on various other crypto projects and my main goal is to help people navigate those and hopefully avoid some of the major risks. Education is valuable, as people will and are looking into those risky projects.
    • AA
      Aymman A.
      15 October 2020 @ 22:32
      Sebastian, thank you very much. That was a very good and detailed answer. My apologies if I got a bit aggressive with my comments. Once the light bulb went off in my head and I understood the case for bitcoin my main obsession became: how do I follow market action? Technical analysis and price charts alone in my opinion will not work. On chain analysis is critical. That is my current obsession. Any light you can shine on that will be greatly appreciated. Do keep up the good work.
    • Sp
      Scott p.
      16 October 2020 @ 07:07
      Willy Woo just started his own paid newsletter this week, $30/month launch discount, $50 month after launch week. Going to be a better investment than RV crypto IMO but we'll see, he's yet to produce any reports.
    • MS
      Mel S.
      16 October 2020 @ 15:36
      Willy is the BEST at on chain analysis. Agreed.
  • MO
    Master O.
    16 October 2020 @ 11:45
    I'm excited about the crypto tier. If RV can cover projects that might be "disruptive" that might provide some huge returns for investors. Also if you can cover who are the potential frauds or bad players in the space so we can avoid the scammers and don't fall prey for those tokens. Sebastian can you bring in Kyle Semani from Multicoin capital to talk about helium.com?
  • PR
    Private R.
    16 October 2020 @ 07:41
    The RV crypto offering should really be split - Maybe there should be a Bitcoin section which dives deeper into innovations like Taproot and Lightning, proper storage, legislation, how to run a node, trading, coinjoining for privacy.....and so on...... so much to learn! At the moment RV is putting it all in one section and its coming across as a mish-mash. Then there can be another section called 'Crypto dreaming' as Sebastian says himself 'where do I go to play with the crazy stuff'.
  • SL
    Shawn L.
    16 October 2020 @ 03:36
    I believe this is the site mentioned at the 5 min mark. https://bitcointreasuries.org/
  • AP
    Alex P.
    16 October 2020 @ 02:03
    Love real vision crypto. I think Ash needs to start really diving in though. Like Nassim Taleb said "Don't tell me what you think, tell me what you have in your portfolio"
    • AP
      Alex P.
      16 October 2020 @ 02:03
      Realvision**
  • MD
    Matt D.
    16 October 2020 @ 00:21
    Like the positive energy Sebastian and Ash. Sorry for banging on about this a bit - but the privacy aspect (lack of) of these "distributed ledger technologies" is minimalised, but shouldn't be. People are ignorantly giving away their privacy. I don't trust the IQ of the new generation like you suggest Ash, their experience is almost naive regarding this. I remember posting to Mr Haynes in a BitMex interview with Raoul who glossed over something like this by saying people share on Facebook. We are seeing a vastly changed world today than even 10 years ago regarding freedoms (of thought/speech) - which will get worse. Our privacy and rights (in general and especially for finance) are something that should be valued more highly in my opinion.
  • BK
    Brian K.
    15 October 2020 @ 23:54
    I really enjoy the interview. Great for beginners new to the crypto space. It always helps to get ideas on how new tech affects finance.
  • KJ
    Karl J.
    15 October 2020 @ 22:42
    Welcome Sebastian! I found the video both interesting and valuable. I liked the juxtaposition of Ash, with his focus on the intersection of Bitcoin and the 'orthodox' financial system, and Sebastian's experience at the bleeding edge of this rapidly evolving space. Some of the comments here are disappointingly negative, this is just one video in a broad spectrum of RV content on the crypto space, and to whinge because this one specific video didn't focus exclusively on BTC, or didn't convert you instantly into a super-smart crypto genius is rather Boomerish. If you want a deep dive on BTC there are plenty of books / blogs / papers, I suggest you start with: https://bitcoin.org/bitcoin.pdf
  • JB
    Joe B.
    15 October 2020 @ 16:57
    If you're still pitching "crypto" and not Bitcoin, you have no idea what you're talking about. Fidelity said 5% Bitcoin NOT crypto.
    • MS
      Mel S.
      15 October 2020 @ 18:23
      I couldn't agree more.
    • CH
      Crag H.
      15 October 2020 @ 18:49
      Strongly agree. 100% of people who are in love with "crypto" are just *assuming* that Ethereum will continue to function. In reality though, that's far from certain.
    • PA
      Peder A.
      15 October 2020 @ 21:21
      It was stated in the report as hypothetical example. Not suggestion
  • CS
    Christopher S.
    15 October 2020 @ 21:03
    Great discussion - I look forward to seeing what you all discover on the bleeding edge. I'm still learning the basics, but hope that this channel will be able to provide enough details to similarly participate in these alternative innovations, like yield farming.
  • MS
    Mel S.
    15 October 2020 @ 18:39
    Bitcoin is a decentralized cryptocurrency. ETH, LINK, ADA, XRP and on and on, are companies that can make changes to their "companies". Their coins are basically shares you can trade. EOS for example was built on ETH and then moved to it's own Blockchain. Ask around, see what companies are the built on ETH as ERC20 tokens are profitable. Things can always change but at the moment, all these "exciting" companies have one thing going for them. They created a coin to trade and kept a WHOLE bunch to cash in for themselves. It's been happening since before 2017 and not much has changed YET. I'm not saying it can't change but we are STILL in an unregulated and dangerous space and the longer it goes on like this, the more victims there will be.
    • CH
      Crag H.
      15 October 2020 @ 19:01
      Agree. Ask yourself this: Who benefits from a rising ETH price except the ETH hodlers? A rising ETH price means more expensive smart contract executions which in turn is very negative for the projects built on top of ETH. The incentives are clearly not aligned between the base layer token holders and the users of the platform. However, the same thing can be said with Bitcoin transactions obviously. A rising BTC price is terrible for those who are using BTC to transact. The difference is that Bitcoin is a monetary token system where the main use case today is as a store of value. So expensive transactions are totally fine for now. ETH however is a smart contract platform where the token is *always* meant to be spent. For some reason, stuff like this is not covered on RV.
  • SM
    Sebastian M. | Real Vision
    15 October 2020 @ 16:13
    Hey guys, Sebastian here. What's the concern about? We made this video to show the different topics we will be covering here on RV crypto. I will be covering, in general, the more risky experimental type crypto projects, while Ash will be covering the more established crypto and traditional finance crossover projects. I would love some feedback as to how I/ we can do better. We are trying to make sure our community gets information about the WHOLE spectrum of digital assets. There has been demand for education and discussion over the various blockchain sectors and we are doing our best to show the full picture of what's going on in the space. This video was primarily to show how we will be splitting up this content, each of us will be covering those things that we are most interested in. I am not sure why there is negativity here, but I am open to constructive criticism.
    • DS
      Devin S.
      15 October 2020 @ 16:26
      It's a good interview man. If I had to guess it's gotta be bringing up the flippening. It's a trigger word for some
    • MS
      Mel S.
      15 October 2020 @ 18:25
      This is a great interview. But it is VERY risky and there are many scammers. Caution and what makes Bitcoin different from Ethereum would be a great thing to talk about with an expert.
    • MS
      Mel S.
      15 October 2020 @ 18:40
      If you downvote this, you need to do more research asap.
    • CH
      Crag H.
      15 October 2020 @ 18:44
      Many have studied Bitcoin for 10 years and still haven't learned everything about it. It's still evolving and is still by far the most important project in the space. In fact, it's so important that if it fails the whole crypto space will go down in flames. Despite this, RV Crypto is focusing a minuscule part of it's time on Bitcoin. It's such a shame. In my opinion, *investors* shouldn't dabble in anything close to the "fringes". I haven't seen any coverage of microcap, phase 1 biotech companies so why would RV cover these microcap crypto projects? Introducing newbies to these things is not a responsible thing to do, even if you caveat the content by saying "hey, these are risky things!". Personally I'm very disappointed at what RV Crypto have turned out to be. When it became clear that RV would go down the crypto route I wrote in one of the comment sections that if RV would do this, RV needed to take a first principles approach and try to educate investors on the basics and fundamentals of this space. Unfortunately, that's not what's happened. Questions like "How many feasible use cases are there for public blockchains?", "Why would token X accrue value over time?" or "How decentralized is project X in reality, and does it matter?" are questions that each could be discussed in length. There are SO many super-important questions that simply get skimmed over in my opinion. If RV Crypto is serious about helping people understand "crypto" then, for gods sake, help them understand Bitcoin first with all that goes along with it (blockchains, private/public keys, incentives, decentralization etc etc). That said, I like you Sebastian. I just don't think that the direction RV Crypto have taken is the right one. /grumpy
  • AM
    Alexander M.
    15 October 2020 @ 18:44
    Thanks Ash and welcome aboard Sebastian. I look forward to your insight on a subject I invest in but need to know so much more about. It would be great if you could shine some light on these rabbit holes I have yet to enter.
  • RR
    Research R.
    15 October 2020 @ 13:31
    What the hell is this?
    • SM
      Sebastian M. | Real Vision
      15 October 2020 @ 16:14
      Whats the concern?
  • PU
    Peter U.
    15 October 2020 @ 14:57
    hmmm, this could have been better
    • SM
      Sebastian M. | Real Vision
      15 October 2020 @ 16:14
      I would appreciate constructive criticism. How can I improve?