>>OR TO THE VEST OR THIS
CHALLENGING AMERICA TO FIX THE
NEXT BIG IDEA DURING A 66.
>>AUTOMAKERS TO RAISE AND MAY
MACIEL BRAD SMITH. THANKS FOR
JOINING US TO LOOK AT THAT BACK
WHEN COVERING ANOTHER DOWN WEEK
THE PRICE CURRENTLY SITTING
RIGHT AROUND $10,000 AFTER
FALLING AS LOW AS 9033. AND
$1833 EARLIER TODAY. THE POINT
IS DOWN NEARLY 15% FOR THE
TRADED AT NEARLY 11,800 ON
AUGUST 8TH. AND LET'S ALSO TAKE
A LOOK AT THE LARGE
TRANSACTION VOLUME OVER THE
PAST WEEKS. CRIME INTELLIGENCE
COMPANY INTO THE BLOCK.
HIGHLIGHT TRANSACTION VALUE IS
DEFINED AS TRANSACTIONS GREATER
THAN
$100,000. OUR TRANSACTION
AVERAGE FOR THE LAST 7 DAYS IS
EQUAL TO BILLION A DAY.
EVERYTHING A 53% INCREASE
PAIRED WITH THE 2019 AVERAGE
OF $8.7 BILLION A DAY. A LARGE
TRANSACTIONS ONLY HAVE A SMALL
AMOUNT OF THE TOTAL NUMBER OF
TRANSACTIONS THEY REPRESENT A
SIGNIFICANT PORTION
OF OVERALL FIGHT OUR
TRANSACTIONS THAT THAT PLANE
OVER THE LAST 7 DAYS REPRESENT
LESS THAN 6% OF THE TOTAL
NUMBER OF TRANSACTIONS BUT
ABOUT 92% OF THE TOTAL
TRANSACTION, WHY HIM
AND THAT'S ACCORDING TO INTO
THE BOX.
>>ALL RIGHT WE'RE TAKING A LOOK
AT BT SEE WHAT ABOUT THE 3RD
HERE ON THE DAY. IT'S ALSO DOWN
BIG FOR THE WEEK. IF THEY'RE
CURRENTLY TRADING AROUND A $185
DOWN ABOUT
15% FROM WHERE IT WAS TRADING
WEEK AGO. NO IT'S ALSO DISCUSS
THE LARGE TRANSACTION VOLUME
FOR EASTER OVER THE PAST WEEK
OUR TRANSACTION AVERAGE THE
LAST 7 DAYS EQUALS 19 $0.2
MILLION.
DATE REPRESENTING
24% DECREASE COMPARED TO THE
2019 AVERAGE OF MILLION A DAY,
LARGE TRANSACTIONS AND IF THEIR
MAKE UP A SMALLER PORTION OF
BOTH TOTAL NUMBER OF
TRANSACTIONS AND PORTION OF
TOTAL VOLUME OVER THE LAST 7
DAYS EITHER, LARGE TRANSACTIONS
REPRESENTED ONLY 0.1%
OF THE TOTAL NUMBER OF
TRANSACTIONS BUT REPRESENT
ABOUT 47% OF THE TOTAL VOLUME
THAT'S ACCORDING TO INTO THE
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
YOU ENJOY THE PRODUCTIVITY GAIN
BUT IT'S JUST A MAJOR.
>>THANK YOU GREAT STUFF FROM A
KEVIN WEIGHING CO-FOUNDER OF
NERVOUS NETWORK. COMING UP I
SAT DOWN WITH THE CEO OF
FINANCE AT THE LATEST ON THE
COMPANY'S PLANS FOR A US
EXCHANGE.
♪
WELCOME BACK TO THE CRYPTO
CRAZE. LOTS OF A CURRENCY
EXCHANGE BY AND THE LARGEST
IN THE WORLD BY KING VOLUME
WILL LAUNCH ITS US DIVISION
WITHIN THE EU AT WITHIN THE
NEXT 2 MONTHS, ACCORDING TO
CHANG PING SHOUT. I GOT THE
CHANCE PEOPLE CAN YESTERDAY
ABOUT THE EXPANSION TO COOK
THEM.
>>RIGHT NOW YOU GUYS ARE
WORKING ON
LAUNCHING AN EXCHANGE IN THE US
WHAT EVER MADE YOU WANT TO
EXPAND YOUR BUSINESS HERE,
ESPECIALLY CONSIDERING ALL OF
THE REGULATORY AS WELL AS THE
HIGH COST OF GENE COMPLIANCE
HERE.
>>SURE I THINK THE US HAS
ALWAYS BEEN A VERY IMPORTANT
MARKET. THINK GLOBALLY IS ONE
OF THE BIGGEST MARKET FOR ANY
BUSINESS. INCLUDING
CRYPTOCURRENCIES INCLUDING A
ALMOST ANY ANY ANY IN IN A MIST
OR YOU CAN NAME. WE'RE VERY
GLAD THAT WE HAVE PARTNER THEY
ARE BAM US TRADE TELL THERE SO
THEY CAN HELP US NAVIGATE THE
REGULATORY COMPLIANCE.
AND THE SHOES. SO WE WANT TO BE
FULLY COMPLIANT AND BEFORE WE
JUST DIDN'T THEY FEEL THAT WE
HAVE THE EXPERIENCE TO DO THAT.
BUT NOW WE HAVE A PARTNER TO
WHAT WE WANT TO DO WE WANT TO
TAKE THIS OPPORTUNITY
AND IT'S CALLED THE MARKET.
>>AND WHEN SHOULD WE
EXPECT FINANCE US TO LAUNCH.
>>I WAS SAYING A COUPLE MONTHS
NOW SO I'M I DON'T WANT TO
PROMISE ANY FIX STATES BUT I'M
THERE'S LOTS THIS LOT OF WORK
BEING DONE AND THERE'S A
LOT OF THINGS GOING ON THE FLUX
BUT
I WOULD SAY IN YOUR MOTHER TOO.
>>DO YOU PLAN TO HAVE IT
INITIALLY OFFERED TO RESIDENTS
OF NEW YORK STATE AS WELL.
>>I BELIEVE RIGHT NOW THE PLAN
IS BECAUSE WE DON'T HAVE THE
BILL LICENSE WHY LOCAL PARTNER
THAT DOESN'T HAVE TO BE A
LICENSE. SO I
GUESS SHOOTINGS HAS NO
INITIALLY.
>>EXACTLY HOW DISADVANTAGEOUS
IS THE REGULATORY MURKINESS
WITH THE STRICTNESS TO THE
CRYPTO INDUSTRY IN THE US AND
YOU THINK IT'S OVERSTATED OR
UNDERSTATED ANYWAY.
>>I THINK MOST OF THE THINGS I
HEAR A BAR RIGHT AGAIN I'M NOT
AN EXPERT TO BE HONEST ON THE
ISSUES IN THE
US MYSELF, I KNOW A LITTLE BIT
FROM MY PERSONAL OF THE US
IS ONE OF THE MOST DEVELOPED
MARKETS BECAUSE HE HAS GOOD
REGULATIONS IN
THE TRADITIONAL IS A FINE A
SPACE. CRIPPLE IS A
THING AND FOR NEW THINGS TO US
IS A BIG COUNTRY AND WITH A LOT
OF REGULATORY BODIES.
AND A VERY LARGE A MARKET
IN TERMS OF MARKET CAP ETCETERA
SO IN LOST MARKET IT IS HARDER
TO REGULATE BECAUSE YOU HAVE A
MORE PEOPLE YOU HAVE
MOST CASES MORE SITUATIONS TO
CONSIDER WHAT IS WORSE IN A
SMALLER MARKET IS MUCH EASIER
TO MAKE THE RULES ARE VERY
LIGHT AND THEN EXAMINED ISSUES
ON A CASE BY CASE BASIS.
WE'RE SEEING A BIG MARKET YOU
CAN DO THAT THERE'S JUST TOO
MANY MARKET PLAYERS.
SO IT IS A BIT TRICKY BUT I
THINK THE US THAT HISTORICALLY
HAVE MADE A VERY CLEAR
REGULATIONS SO WE'RE HOPING
THAT WILL CLEAR UP AND I'M AT
THE SAME TIME I THINK SOME OF
THE EARLY ADOPTERS IN THIS
SPACE WILL OR A REWARD AND SO I
THINK STARTING ALREADY HAS ITS
BENEFITS EVEN THOUGH THERE ARE
SOME UNCERTAINTIES IN THE
REGULATORY
SPACE BUT WE'RE WILLING TO TRY.
>>SO LIKE I SAID BEFORE A LOT
OF EXCHANGE IS ALREADY A LOT OF
THEM ON THE DECLINE IN RECENT
YEARS. HOW IS BY NANCE GOING TO
BE DIFFERENT AND WHAT IS GOING
TO BE PEOPLE WANT TO EXCHANGE
ON FINANCE FOR SAYS COINBASE OR
CRACK IN.
>>I THINK THE WANT THIS TO
THE DECLINE IN THE GROSS
DEPENDENT UPON FOR EYES A
LITTLE BIT IF YOU LOOK 2 YEARS
OR LESS THAN 2 YEARS IF YOU
LOOK AT IT FROM A YEAR AND HALF
EXACTLY FROM THE PEAK COULD THE
CURRENCIES AND FROM THE PEAK OF
BITCOIN'S PRICE TO NOW, YES THE
EVERYTHING'S THE CLIENT.
BUT IF YOU COME PICK COMPARED
TO A 3 YEARS OR 5 YEARS
OBAMA'S WASN'T EVEN AROUND AND.
COINBASE AND CRACKING A MUCH
BIGGER THAN THEY WERE 3 YEARS
AGO. SO
YES, YOU DO THE CLIMB FROM THE
VERY TOP, BUT I THINK IF YOU
LOOK AT 3 YEARS THOSE GUYS HAVE
GROWN QUITE A BIT. AND THEY'RE
STILL GROWING
AND WE'RE GROWING VERY QUICKLY.
SO WE HAVE A LUCKY FOR US SOME
OF THE COMPANIES HAD GROWN TOO
QUICKLY IN IN THE LAST PEAK
AND ACTUALLY HAD A LOUSE
AFTERWARDS. I'M LUCKY IF
OBAMA'S WE NEVER HAD ANY
LAYOFFS AND WAS ALWAYS HARDING
WE
ARE STILL GROWING AND I THINK
THE INDUSTRY OVERALL AND A
LONGER TIME HORIZON, THE STILL
GROWING AND BY NOT EVEN DOING
THE BEAR MARKET, WE HAVE ALWAYS
ADDED SOFTWARE WILL ALWAYS
DEVELOP MORE FEATURES AND TO BE
HONEST I USER BASE HAS ALWAYS
BEEN STEADILY GROWING
IT IS A THE BEAR MARKET BECAUSE
THE PRICE IS GOING DOWN FROM
THE PEAK. BUT IF YOU LOOK AT A
5 YEAR HORIZON, THE PRICE IS
PRETTY HIGH RIGHT NOW SO I WAS
STILL GROWING VERY REGRETTABLY
I'M I'M PRETTY CONFIDENT
ABOUT THE INDUSTRY SO OTHERWISE
WE WOULDN'T BE HERE.
>>AND THE BIG QUESTION IN THE
US RIGHT FACEBOOK A SORT OF AT
THE CENTER OF ALL OF THE
CRYPTOCURRENCY DISCUSSIONS IN
THIS IDEA OF HAVING TO BALANCE
K Y C
WITH PRIVACY. WHAT IS YOUR TAKE
ON YOU KNOW YOU GUYS ARE
INVESTING A DATA HACK RIGHT NOW
A FALSE DATA HACK
AND EVEN OUTSIDE OF THE CRYPTO
THOSE DATA HACKS ARE INCREASING
IN SCALE AND INFREQUENCY JUST
LOOK AT CAPITAL ONE RECENTLY
THAT'S HAPPENING MORE AND MORE
ALL THE TIME. WHAT IS THE ROLE
OF FINANCE AND HERE'S A
VIEWER'S LIKE FINANCE AND
PROTECTING FINANCIAL CONSUMERS
AND AT THAT WHEN SHOULD WE
HOLD YOU GUYS ACCOUNTABLE AT
ANY POINT.
>>SHOW I THINK IN A CENTRALIZED
WE DO HAVE TO DO KILL ICY AND
WE DO HAVE TO HOLD OUT A LOT
CUSTOMER DATA AND ON TOP OF
THAT WE
HAVE TO HOLD CUSTOMER ASSETS
AND ON LIKE BANKS WHEN THE
ASSETS OR GET STOLEN THERE'S NO
THIS IS A VERY DIFFICULT TO GET
IT BACK. SO I THINK THERE'S A
VERY HIGH RESPONSIBILITY IT IS
A VERY ON THE CENTRALIZED
EXCHANGES
WHICH WE NEED TO CARRY OUT.
WELL. I THINK THAT A PRODUCTION
IS VERY IMPORTANT IS VERY KEY
OUR INDUSTRY. SO WE ARE STILL
INVESTIGATING THE PREVIOUS EAST
AND I THINK IT WAS A
CASE THAT'S KIND OF BLOWN OUT
OF PROPORTION. BUT PEOPLE WE
ARE THEY BECAUSE EXCHANGE AND
ANYTHING THAT'S RELATED TO BIND
HIS GETS BLOWN OUT OF
PROPORTION.
GOOD OR BAD. SO ON THE GHOST
EYE ON THE GROWTH OF ITS GOOD
FOR US ON THE BAD STUFF I THINK
THERE'S A A THERE ARE COUPLE
IMAGES OF FLOATING ON THE NET
BUT THEY ALL THEY ALL COME FROM
ONE DATE SO THERE'S SOMETHING
SPECIFIC ABOUT THAT THEY'D
WHICH WE ARE INVESTIGATING WE
HAVEN'T COME TO CONCLUSIONS
YET. BUT WILL CONTINUE TO DO
SO SO GAVE HAPPENS THEN WE HAVE
TO BE RESPONSIBLE FOR UM YEAH
IT IS IT, BUT I THINK BASICALLY
THE SERVICE
PROVIDERS DO NEED OWN UP TO IT.
>>ALL RIGHT SUSIE, THANKS SO
MUCH FOR JOINING US ON CHEDDAR
TODAY. I WAS
THINKING THIS OUT OF FINANCE.
>>OUR GUYS THAN 30 YEARS OF THE
UPCOMING TRIP THEIR DERIVATIVES
EXCHANGE BLADE HAS SCORED
FUNDING FROM BIG NAMES IN THE
CRYPTO
COMMUNITY INCLUDING COINBASE AS
IT LOOKS TO EXPAND TRADABLE
ASSETS AVAILABLE FOR INVESTORS
WITH US NOW TO DISCUSS
THIS LATE CEO AND CO-FOUNDER
JUST BEYOND JUST GREAT TO HAVE
YOU HERE WITH US TODAY, HOW
DOES THE INVESTMENT
HELP WITH YOUR LAUNCH AND
GROWTH.
>>HEY GUYS GREAT TO BE HERE BIG
FAN OF THE THE INVESTMENT I
THINK IT HELPS IN
2 WAYS GIVES US THE CAPITAL
FUNDING TO GO ON REALLY EVER
ATTACKED THE MARKET I THINK
MORE IMPORTANTLY, WE'RE VERY
LUCKY TO RAISE MONEY FROM VERY
CREDIBLE VERY WELL REGARDED
INVESTORS IN SILICON VALLEY AND
ABROAD AND IT GIVES US KIND OF
CREDIBILITY TO GO AFTER USERS
AND THEY SHOULD HAVE AN
INTEREST IN OUR EXCHANGE I
THINK
INVESTORS CLEARLY DO AS WELL.
>>SO HOW DOES YOUR EXCHANGE TO
DIFFER FROM EVERYTHING THAT'S
OUT THERE SO FAR.
>>OR JUST DEPENDS WHAT YOU MEAN
BY EVERYTHING ELSE OUT THERE
WERE THE ONLY CHANGE IN THE
WORLD THAT I'M AWARE OF THAT
FOCUS EXCLUSIVELY ON
PERPETUAL'S A PROFESSIONALS
APPEAR TO BE SOMETHING THAT
RETAIL TRADERS LOVE TRAINING
AND GIVES THEM THE ABILITY TO
LONG AND SHORT. CRYPTOCURRENCY
A LOT OF LEVERAGE AND SELL.
WE'RE FOCUSED EXCLUSIVELY ON
PROFESSIONALS BE WANT TO BE THE
EXCHANGE THAT GIVES USERS ACT
LOOK THEY WANT THE ABILITY TO
LONG AND SHORT WITH HIGH GET
EXPOSURE TO ALL POINTS TO TRADE
NOAH CONTRACTS THAT
THEY ARE ME AND THAT'S KIND OF
OUR CURRENT FOCUS.
>>I NEED SOME EDUCATION ON THIS
JEFF PERPETUAL SWAP CONTRACTS,
WHAT ARE THEY GET.
>>THE QUESTION IS WHAT
CONTRACTOR 8 FINANCIAL
DERIVATIVES ARE FINANCIAL
INSTRUMENT THAT'S NEEDED TO
CRYPTOCURRENCY SO THERE'S NO
LEGACY MARKET PROXY AREN'T
SINCE NECK WITH THE MARKETS,
THE
BOND MARKETS OR THE MONEY
MARKETS. BUT BASICALLY AN AREA
TO REALLY GET CEMENT THAT
ALLOWS USERS TO EASILY LONG
WITH A HIGH AMOUNT OF LEVERAGE.
THE REASON THEY'RE CALLED
PERPETUAL'S IS BECAUSE THEY
NEVER EXPIRE AND THE REASON OR
SWAP SAYS HE HAS THERE ARE
PERIODIC PAYMENTS
EXCHANGE BETWEEN LIFE IN
SHORTS. AND SO THOSE THAT ARE
SPOTS THAT MEDICAL
PROFESSIONALS, SWAP CONTRACT.
THEY'RE THEY'RE GENERALLY YOU
TO SECURE YOUR OR THAT WANT TO
TRADE IN AND OUT BECAUSE.
>>THE ENABLE A LOT MORE
LEVERAGE AND MARGIN TRADING AND
YOU DON'T HAVE TO ROLL OVER
YOUR CONTRACTED TO DO WITH
FUTURES.
>>SOME OF THE CHALLENGES TO
IT'S COOL TO BE THE FIRST HOW
COME NOBODY ELSE HAS DONE THIS.
>>WELL THEY'RE ALL THE
EXCHANGES THAT OFFER
PROFESSIONALS I OUR ANGLE IS
THAT WE'RE A FOCUS EXCLUSIVELY
ON PERPETUAL AND THEN WE WANT
TO GIVE USERS MORE CHOICE
AND MORE FREEDOM IN TERMS OF BE
ABLE TO TRADE OLD COINS BE ABLE
TO SETTLE A TETHER BEING ABLE
TO USE UP 250 X LEVERAGE.
SO I THINK THOSE ARE KIND OF
THE THINGS WE'RE FOCUSED ON.
>>CRYPTO REGULATIONS IMPACTED
YOUR ABILITY TO TAKE ON FUND
RAISING AND GROW AT THIS POINT
IN TIME.
>>THEY REALLY HAVEN'T TO BE
HONEST. I'M IT'S A QUESTION
THAT HAS COME
UP IN FUNDRAISING MEETINGS BUT
I THINK THE INVESTORS THAT WE
WERE FORTUNATE TO RAISE MONEY
STOPPED FROM FEEL CONFIDENT
THAT THE REGULATORY FRAMEWORK
IS GOOD ENOUGH.
AND THAT YOU KNOW GENERALLY
COMPANIES OR START-UPS THAT ARE
INNOVATING IN AND WHY YOU HAVE
ME KILLED SPACE THERE IS
CERTAIN MARK PREDATORY STAR
JEFFRIES IT.
>>THE REGULATORY FRAMEWORK IS
GOOD ENOUGH IN WHAT WAY GO A
LITTLE DEEPER ON THAT.
>>WELL WE LIKE SO FOR US HERE
IN OFFSHORE ENTITY. SO WE
SOCIALS COMPANY WERE FOCUSED ON
9 US RESIDENTS.
I THINK THERE. COMPANY THE
INVESTORS
INVESTED IN BLADE ARE
COMFORTABLE WITH
THE REDDIT PREPAYMENT THAT
WE'VE BEEN USING IN TERMS OF
BEING AN OFFSHORE ENTITY
BLOCKING US RESIDENT COUNTRY AN
EXCHANGE FOCUSING AND OVERSEAS
MARKETS PRIMARILY STATION BUT A
GLOBALLY AS WELL.
>>TAKING MOSTLY OF NEW YORK
BECAUSE BECAUSE WE'RE HERE
BECAUSE SO MANY
COMPANIES ARE LOOKING TO
OPERATE HERE. BUT I THINK A
SORT OF GROWING CONVERSATION
THE SPACE IS WHAT IT REALLY
MEANS TO BE AN OFFSHORE ENTITY
BECAUSE THERE ARE SO MANY
PLAYERS INVOLVED. AND
ULTIMATELY EVEN OFFSHORE
ENTITIES ARE HAVING TO GET THE
LIFE AND BEING IN THE US AND IN
NEW YORK.
YOUTH TO WHAT EXTENT DO YOU
THINK THAT AFFECTS YOU GUYS IN
THAT MIDDLE TO LONG.
>>WILL OVER THE
LONG TERM I THINK WE HAVE A
DESIRE TO ENTER THE US MARKET
IN SERVICE US
CUSTOMERS UH I THINK THE
LESSONS. FINANCIAL LEADER
IMPORTANT FOR US, BUT I THINK
IN THE SHORT TERM. WELL WE ARE
FOCUSED ON NON US RESIDENTS.
I DON'T THINK A NEW YORK
REGULATIONS AFFECT US IN ANY
CAPACITY THAT WE WILL NOT HAVE
ANY USERS FROM NEW YORK
WHERE THE US FOR THAT MATTER.
>>LONG-TERM GOAL. WHAT IS THE
VISION FOR FOR BLADE,
PARTICULARLY HOW DO YOU SEE IT
REACHING THAT CRITICAL MASS.
>>YES A LONG TERM I THINK WE
HAVE A REALLY REALLY UNIQUE
OPPORTUNITY TO KIND OF
BUILD FOUNDATION INFRASTRUCTURE
FOR PATEL 3 BUT IT WAS AT THEIR
CORE ARE ABOUT THIS TRANSFER
AND WE WANT TO HAVE KILLED BE
FOUNDATIONAL INFRASTRUCTURE FOR
RISK TRANSFER FOR THE CRYPTO
MARKETS. THE WAY THAT WE SEE
IT INITIALLY IS WE WANT TO BE.
>>THE LAYER THE END OF PEOPLE
USED TO TREAT THEMSELVES, BUT
EVENTUALLY WE THINK COULD TO
CURRENCIES SHOULD BE USED TO
SET OFF A ALL FINANCIAL
MARKETS, THE
EQUITY MARKETS OR BOND MARKETS
AND LONG-TERM VISION LADEN'S TO
BE THE CHICAGO MERC UNTIL A
CHANGE OF CREEPED OUT WHICH IS
THE BIGGEST AND
MIKE IN THE MOST INFLUENTIAL
CHANGE IN THE US.
>>HEY WE LOOK FORWARD TO
FOLLOWING YOU CONGRATS ON YOUR
>>GREAT THANK YOU SO MUCH GUYS.
>>AS LATE AS CEO AND CO-FOUNDER
CHEST TO BE AN.
>>ARE YOU GUYS A BIG MESSAGE
DEVELOPER JONATHAN WARREN
TESTIFIED AGAINST AUSTRALIAN
COMPUTER SCIENTISTS CREATE
RIGHT, SAYING THAT SOME OF
WRIGHT'S DOCUMENTS IN A RECENT
TRIAL CLAIMING THAT HE'S THE
FOUNDER OF BITCOIN WE'RE
FRANKED WRITE JOINT LETTER
YESTERDAY TO DEFEND HIS
POSITION.
TAKE A LISTEN.
>>BECAUSE WHEN I INVENTED
BITCOIN BACK IN 2008 RELEASED.
THAT IS I MEAN I REALLY WANT I
AM UPSET THAT ARE READY I'M
GOING TO QUOTE ABOUT THAT ONE.
THE WHOLE IDEA WAS ABOUT
MICROPAYMENTS IT'S ABOUT A
SYSTEM THAT ENABLES COMMERCIAL
INTERNET USE IT ENABLES YOU TO
HAVE RAPID FIRE SETTLEMENT TO Q
A SYSTEMS. MANY OTHER THINGS IT
WAS NEVER A STORE OF GOLD.
THE OTHER CAMP, THE PEOPLE THE
SITE TO PUMP SOME LIBERALS,
THEY'RE THE GUYS WHO WANT THIS
TO BE SOMETHING ELSE THEY WANT
IT TO BE A STORE OF VALUE THEY
WANT TO BE OUTSIDE GOVERNMENT.
BUT THAT'S NOT BECAUSE AT THAT
POINT DOESN'T WORK OUTSIDE
GOVERNMENT.
>>WAS IT LIKE TO MEET THE
TISSUE, NOT THE MOTHER.
>>DON'T KNOW IF TOTALLY
CONVINCED THAT I'D LIKE TO SEE
MORE DOCTORS. LET'S START ON
THIS A LITTLE BIT MORE BECAUSE
I THINK THERE'S A LOT OF FOCUS
AROUND WHO SAYS OH SHE IS.
DO WE NEED TO FIND SISTER SHE I
THINK THE ONE THING THAT I
STILL SCRATCH, MY HEAD OVERS
WHAT ADVANTAGE DO YOU HAVE TO
CLAIMING THAT YOU ARE STATION
AND CRAIG SAID HE ACTUALLY
STANDS TO LOSE A LOT. IF THE
ACTUALLY YOU KNOW PEOPLE
BELIEVE HIM THAT HE IS SO SHE
THAT HE CLAIMS HE IS
SO THAT DOESN'T MAKE SENSE.
>>IF YOU KNOW I SPRINKLE
LAWSUITS ACROSS THE CRYPT THIS
BASE DEMANDING
THAT PEOPLE WILL GET THAT
YOU'RE SUPPOSED TO GIVE AN
EXACT. I REMEMBER TALKING ABOUT
THIS YESTERDAY AFTER A WATCH
THAT A FEW YEARS
EASY CAME OUT OF THIS HUGE
COVER STORY
PROFILING DORIAN NAKAMOTO HIM
WAS SUPPOSEDLY THE FOUNDER ARE
NOT UNDER THE WAS THAT IF YOU
TALK YOU DID THIS.
I MEAN HE'S JUST BECOME
THIS WONDERFUL ME NOW BECAUSE
NOTICE OBVIOUSLY HAD NO IDEA
WHAT THE PLANE WAS THEN YEAH
THERE WAS THIS LIKE WILD AND
JUST TRYING TO TRACK HIM DOWN
YEAH, YEAH, AND IT JUST I
DON'T THINK ANYONE IN THE TRIP
TO SPACE. HAIRS ARE REALLY
NEEDS TO KNOW IT WOULD BE COOL
TO ACTUALLY FIND THAT OUT BUT I
DON'T THINK ANYONE. WE'RE AT
AND YOU KNOW IF IT WAS NOT A
COMPANY. SO IT'S NOT LIKE.
YEAH, IT'S NOT LIKE 5 YEARS A
LITTLE NEWS NOW LIKELY TO THAT
POINT.