Real Vision and Finance
In this episode of Magic Internet Money, host Brad Mills invites Coindesk editor Ash Bennington onto the show to talk about Real Vision, Ash’s online web show about the world of finance. The duo discuss Ash’s experience at Coindesk and during the Dotcom bubble in the late 90’s. Brad questions Ash on the part he plays in his own show, most notably as a neutral voice between guests. Ash offers his thoughts on blockchain technology and how the digitization of finance, like everything else digital seems inevitable. Timestamps 00:00:31 - Introduction 00:04:10 - What is Real Vision? 00:07:32 - How Ash got into crypto 00:15:27 - Differences between financial journalism and media 00:18:18 - Token speculation and securities discussion 00:24:58 - Comparison between blockchains and traditional finance 00:31:33 - Security protocols and blockchain upgrades 00:37:40 - Social media influence on markets, their effects 00:45:03 - Benefits of blockchain technology 00:49:46 - Game theory and governments 00:56:57 - Bitcoin philosophy and related questions 01:01:02 - History of centralized banks and decentralized finance 01:08:05 - Risk and how institutions manage it 01:13:20 - The fed and the pandemic 01:17:00 - “How is the banking system not on the brink of collapse?” 01:28:00 - Reducing cost of goods, rising cost of education, health 01:31:35 - Twitter question for Ash, future speculation and goals 01:37:29 - 2001 bubble analogies, then and now 01:45:08 - Closing remarks