42 min listen
"We Were Idiots and We Were Poor; Then From Mid 2020 to Now, Suddenly, We're Right: " Ameen Soleimani
"We Were Idiots and We Were Poor; Then From Mid 2020 to Now, Suddenly, We're Right: " Ameen Soleimani
ratings:
Length:
72 minutes
Released:
Mar 5, 2021
Format:
Podcast episode
Description
In this week’s episode I interview Ameen Soleimani, one of the most prolific builders in Ethereum. He’s the CEO of SpankChain, a blockchain-based adult entertainment platform, the co-creator of MolochDAO, a DAO to fund Ethereum projects, and the co-founder of Reflexer Labs, which created RAI, a purely ether-backed stablecoin.
We talk about the need of a purely ETH -backed stablecoin, and how RAI is so cypherpunk it’s not only not backed by fiat, but it’s also not pegged to the dollar, it’s only pegged to itself, and stabilized by its own algorithm. It’s a pretty radical experiment and Ameen has very high hopes for it: The goal is for Rai to become a global reserve currency.
Big thanks to our sponsors:
Zerion, a simple interface to access and use decentralized finance
Ledger, a hardware wallet combined with the Ledger application to securely buy, sell, exchange, stake, lend & manage your crypto
Kraken, consistently rated the best and most secure cryptocurrency exchange, which can get you from fiat to DeFi
We talk about the need of a purely ETH -backed stablecoin, and how RAI is so cypherpunk it’s not only not backed by fiat, but it’s also not pegged to the dollar, it’s only pegged to itself, and stabilized by its own algorithm. It’s a pretty radical experiment and Ameen has very high hopes for it: The goal is for Rai to become a global reserve currency.
Big thanks to our sponsors:
Zerion, a simple interface to access and use decentralized finance
Ledger, a hardware wallet combined with the Ledger application to securely buy, sell, exchange, stake, lend & manage your crypto
Kraken, consistently rated the best and most secure cryptocurrency exchange, which can get you from fiat to DeFi
Released:
Mar 5, 2021
Format:
Podcast episode
Titles in the series (100)
Crypto Was Made for Crises: MEW's Kosala Hemachandra by The Defiant - DeFi Podcast