Encrypted

#Ep. 02: The Concept of Money and When can I pay using Cryptos?

Informações:

Sinopsis

In this episode we bring in our first special guest Amin El Kholy; who co-created the Fintech connector chapter in Dubai. Amin has great experience in fund management and the Fintech domain and is currently diving deeper in to how blockchain could change this industry. In this episode, a couple of interesting topics are discussed: - Cryptocurrency becoming mainstream - The concept of decentralization - ICO failures and the next step - UAE SCA recognizing crypto as securities Ahmed starts off with the first topic of cryptocurrencies being mainstream within 10 years according to research. The evolution of money and the 3 characteristics are explored along with where cryptocurrencies stand. The timeline of 10 years is also challenged in terms of how technology and humans will work together. Some existing platforms are explored and the hosts discuss what roles they play in helping cryptocurrencies become more mainstream. Faisal explains the concept of decentralization and its importance is discussed. They als