In this episode of the Crypto 101 Podcast, hosts Bryce Paul and Brendan Viehman welcome Les Borsai, co-founder of Wave Digital Assets. The conversation explores Les's journey from the music industry to the world of cryptocurrency, his insights on market volatility, and the misconceptions that high net worth individuals have about crypto. Les shares his experiences navigating the 2021 market crash, the role of government in crypto, and the infrastructure opportunities that exist in managing digital assets. The discussion emphasizes the importance of understanding risk tolerance and the potential for innovation in the crypto space. Les emphasizes the importance of understanding the underlying economics of Bitcoin and the need for education in the government sector to facilitate innovation.
Chapters
00:00 Introduction to Crypto 101 Podcast
01:59 Les Borsai's Journey into Crypto
05:26 Genesis of Wave Digital Assets
08:21 Navigating Market Volatility and Opportunities
11:02 Common Misconceptions Among Investors
13:41 Comparing Current Market Conditions
16:21 Government's Role in Crypto and Policy Implications
18:36 Infrastructure Opportunities in Crypto Management
24:57 Government Insights on Digital Currency Management
27:09 Regulatory Challenges in the Crypto Space
30:33 The Role of Legislation in Crypto Innovation
33:04 Disruption of the Music Industry by Blockchain
38:25 Blockchain Voting: Possibilities and Limitations
40:48 Bitcoin's Future in a Volatile Market
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