BLOC AS WELL. ALL RIGHT WITH US
NOW TO DIG DEEPER INTO THE
PRICE MOVEMENTS IN CRYPTO THIS
WEEK KEVIN WAY CO-FOUNDER
OF NO VOTES NETWORK HAVE A
GREAT TO HAVE YOU HERE WITH US
TODAY CRYPTOCURRENCIES DROPPING
PRICES ALONGSIDE THE
VOLATILITY IN STEEP DROPS IN
STOCKS BECAUSE THE PAST WEEK
DISPROVE ARGUMENTS. THE CRYPTO
IS A GOOD SAFE HAVEN ASSETS
FROM MORE TRADITIONAL ASSET.
>>SAY YOU KNOW IT'S FUN TO
WATCH THE PRICE ACTIONS
YOU KNOW CRYPTOCURRENCIES OR
BLOCKING TECHNOLOGY THERE'S
MUCH MORE BEYOND JUST THE
PRICE.
SO YEAH, I MEAN I THINK THAT
PART OF
THE PRICE ACTION COMES FROM THE
YOU KNOW POLICE CODE EAST BUT
YOU KNOW YOU FOR US AS THE
PRACTITIONER TO THIS FIELD WE
REALLY WANT
PEOPLE TO TAKE A LONG TERM.
THE THIS TECHNOLOGY AND YOU
KNOW WE'RE STILL VERY EARLY IN
IT IN.
WAS LOOK LOOK TEENS CAN
ACHIEVE.
>>FULL WHAT IS THE VALUE THEN
IF ANY OF MONITORING THE PRICE
BECAUSE IT CERTAINLY YOU KNOW
ONE OF
THE FESTIVAL AND PERFORMANCE
INDICATORS OF THIS ASSET FOR
MOST PEOPLE.
>>YES SO AGAIN WE'RE WE'RE
STILL IN THE VERY EARLY DAYS OF
THIS TECHNOLOGY BUT IN GENERAL
THE WAY I LOOK AT IS THERE ARE
2 DISTINCT.
PROPOSITION
OF BLOCKING TECHNOLOGY IN
GENERAL.
ONE IS THE SORT
PERMISSION LIZ ISSUANCE AND
STORAGE AND PRESERVATION OF
REPRESENTED US DIFFERENT ASSET
OR TOKENS AND YOU'RE A D C OF
THE COIN. EASE
BEING. THEY CONSIDERED
AS A MONITOR YES THAT'S RIGHT
BECAUSE IT'S YOUR TO YOUR
MONEY. BUT THERE ARE MANY MANY
MORE TYPES THAT ARE DIGITAL
NATIVES ASSETS THAT WILL
THAT WILL COME ALONG AFTER THAT
POINT. SO THIS IS THE PROMISE
OF PERMISSION WAS BLOCKED
CHAINS AND THEN
WE THE US A MUCH
BROADER TO THE BLOCKING
TECHNOLOGY AND THIS IS TO GIVE
OR TO FISH INTEREST PARENTS.
SORT OF MORE WORKING WITH THE
EXISTING WORLD. BUT JUST WITH
MAKE EVERYTHING MORE
CITY SEE THIS WITH PROJECTS
THAT PLEA FOR A AND YOU
PROBABLY HEARD YOU KNOW SOME
CENTRAL BANKS ARE ALSO WORKING
ON THE 2 CURRENCIES BASED ON
BOXING I THINK THAT'S IT'S THE
OTHER DIRECTION. THAT THIS
DIPLOMATIC FOR THAT GOT IT
AND AN OFFICIAL AT CHINA'S
CENTRAL BANK.
>>HAS SAID THAT THE INSTITUTION
IS NEARING THE LAUNCH OF ITS
DIGITAL CURRENCY. WHY IS CHINA
CONSIDERING THE DEVELOPMENT OF
A DIGITAL POINT KEVIN.
I THINK.
>>THE OBJECTIVE THERE IT'S THE
SAME WITH ANY OTHER GOVERNMENTS
IN THE WORLD RIGHT SO PEOPLE
SEE THE PROMISE OF BLOCKING
TECHNOLOGY AND THEN YOU KNOW
WHAT WAS THEIR 8
THIS EFFICIENT IF IT JUST GETS
THE CURRENT FINANCIAL SYSTEMS
ARE STILL MANY DECADES AGO AND
THEN ARE JUST NOT YOU KNOW UP
TO.
CATCHING UP WITH THIS
TECHNOLOGY. AND ALSO YOU KNOW
THE VARIOUS JURISDICTIONS THAT
HAVE DIFFERENT NATIONS THAT THE
TAX INCREASE. FRICTION
GENERAL SO LAUNCHING
TECHNOLOGY IS THE WAY THAT WE
CAN AND PUT THAT ALL TOGETHER
AND MAKE SURE SEXIST OR SHOULD
IT.
AND TO BAKE A TRANSACTIONS
BORDERS AND.
YEAH IN GENERAL GIVEN THE
CHEAPER COSTS RIGHT TOE.
PRODUCTIVITY CAN THAT STRIKES A
LOT OF THE.
>>HOW WOULD A STATE RUN DIGITAL
TOKEN. SPECIFICALLY OUT OF
CHINA BUT. I MEAN I GUESS I
HAVE ANY JURISDICTION. THE US
IS HIGH VOLUME FOR TRANSACTIONS
AS WELL I WOULD THAT IMPACTS
THAT.
>>YEAH SO I THINK WE'LL
DEFINITELY SEE THIS MAKING AN
IMPACT RIGHT
SO WHERE ATC TECHNOLOGIES THAT
ARE AIMING TO BRIDGE. IN
PROVIDING THIS PARADE OF THIS
REGULATORY GAP AND YOU KNOW
EVERY SING THE MOST TALK ABOUT
THE LIBERAL NOWADAYS UM
BUT YOU KNOW STARTED THAT'S
MORE OF FEDERATION OF TEACHERS
AND AND PROVIDE ACCESS TO BILL
WERE ASSETS AND THEY EVENTUALLY
WON THEIR CAN TO ABORT IT'S A
LOUIS WEIGHT RIGHT SO I THINK
WE HAVE TO TAKE STEPS AND IT.
YOU KNOW FOR FOR US THAT WAS
THAT WORKED. WE'RE A LAYERED
APPROACH SO WE TRY TO PUT THESE
2 CONCERNS THAT SEPARATE
LAYERS. SO THE BOTTOM LAYER,
IT'S MORE PERMISSION. LEWIS A
YOU KNOW INFRASTRUCTURE LIKE
INTERNET ABOVE FOCUS ON VALLEY
AND THAT UP EARLIER YOU KNOW
THAT'S WHERE PEOPLE AND WORK
THE REAL WORLD WITH 3.
FOR IT.
>>ALL RIGHT AND KEVIN'S VERY
QUICKLY IN JULY, THE FORMER
GOVERNOR OF THE PBO SEE SAID
THAT LEE REPRESENTS A THREAT,
THE PAYMENT SYSTEMS IN NATIONAL
CURRENCIES. HOW MUCH OF A
RESPONSE TO LIBRA IS A
POTENTIAL DIGITAL COIN IN
CHINA.
>>I BELIEVE THEY'RE WORKING ON
THEY'RE WORKING ON YOU KNOW
DIGITAL CURRENCIES, BUT IT'S
PROBABLY NOT GOING TO BE THE
SAME IT'S YOU KNOW THE WAY
LIBOR IS IT'S A IT'S
STRUCTURED.
I THINK YOU KNOW IT. THREATS
MAY BE A LITTLE BIT
BECAUSE LIKE ANY NEW TECHNOLOGY
WHEN IT COMES UP. YOU KNOW IT
STILL AND YOU KNOW PEOPLE DON'T
KNOW WHAT HE CAN ACHIEVE SO IN
A WAY IT'S. YOU KNOW IT'S A
LITTLE SCARY OF WHAT WE CAN
BRING, BUT YOU KNOW WE HAVE
SEEN THIS MANY MANY
TIMES AND EVERY TIME WE JUST