During a recent episode of her radio show on SiriusXM, Randi Zuckerberg hosted experts in the crypto and blockchain sector. The interview was quite bullish about the crypto sector. It is worth noting that Mark Zuckerberg is currently working on Facebook, a digital currency project that he hopes will provide access to financially-underserved communities globally.
What They Discussed
After the show wrapped up, Randi Zuckerberg took to twitter to talk about what they discussed during the show. She has been posting quotes from her show on March 18 on twitter. During the discussion, they talked about Ripple, Bitcoin and the transformative power of the blockchain.
The first guest on her shoe was Meltem Demirors, who is the Chief Strategy Officer at CoinShares, a digital asset management company that currently manages around $750 million. Demirors said that she first came into crypto by going down a rabbit hole on Reddit. She discovered that there was more to Bitcoin than just a revolutionary technology; it was a philosophical movement. According to her, Bitcoin is about financial independence, monetary policy, and the rights of a person versus the right of a state. Additionally, she said that Bitcoin’s main advantage is that it eliminated third parties from transactions.
Ripple - Asheesh Birla
Her other guest was the SVP of product and corporate development at Ripple, Asheesh Birla. During the discussion, he expressed similar sentiments to Demirors. Ripple is focused on the use of XRP to enable efficient and cheap cross-border transactions. In his opinion, the whole point of the blockchain is that it made it possible to get rid of third parties in transactions, whether they are banks or other financial companies.
Birla said that the blockchain already had some real-world applications and it was helping to solve major issues in the world of finance. He added that he expected Ripple to take off in the next two years. Birla said that the blockchain would reshuffle the world order and he expected the Asian region to be a leader in this reshuffle. He added that the blockchain was a good example of the ability of technology to create something from nothing.
The third guest was Alexander Tapscott, who co-authored the “Blockchain Revolution.” According to him, the real underlying value of Bitcoin was the blockchain that powered it. He said that the blockchain would have more of an impact on the financial world than the internet. This is because it makes it possible to program scarcity into digital assets. He concluded that this hardcoded scarcity was why Bitcoin was often compared to gold and christened digital gold.
However, in the previous weeks, Bitcoin price has shedded nearly 50% of its value. During this time many people argued the "digital store of value" narrative. As it was reported by Visionary Financial, there were many catalyst behind the Bitcoin sell-off, but during the last week Bitcoin price has corrected and outperformed gold and equities during continued traditional market sell-offs.
Randi and the Crypto Space
Randi Zuckerberg has been quite active in the crypto space. For instance, she is currently an advisor to Pledgecamp, a blockchain-powered crowdfunding platform that recently raised $17 million in a private funding round.
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