MakerDAO - Rune Christensen: DeFi (decentralized finance, stable coins & the FUTURE)




Dear Crypto Community and Blockchain buddies across the globe, Welcome back to a special edition of "Cryptonites On The Road" during the World Economic Forum / Wef 2020 in Davos. In the remaining weeks, we will be showcasing interviews with some of the sharpest minds in Fintech and Blockchain. So buckle up, and get ready to be Edutained! In this episode, we are pleased to present you with a very special guest, live from the EA Financial Partners Summit in Davos, Rune Christensen, CEO and Founder of MarkerDao! Rune shares the story on how he got involved with Bitcoin back in 2011, a year he described as the pinnacle for investing money and watching the trends grow. He later discovered the purpose and relevance of stablecoins followed by the whole Defi movement. A philosophy that changed his world and lead him to the creation of MakerDao, a monetary system with the sole purpose of creating systems and serving the disenfranchised who cannot benefit from financial services. Find out why Rune believes Blockchain is about synergy and how it will become the backbone and fabric of the financial ecosystem. Discover how countries such as Argentina are using DAI to escape hyperinflation and some of Rune's favourite Defi projects. Follow Rune Christensen on Twitter: @RuneKek Follow your host Alex Fazel: Twitter: @alex_fazel LinkedIn: linkedin.com/in/alexfazel Follow Cryptonites TV to hear our latest news: Twitter: @CryptonitesTV Instagram: @cryptonitestv Don't forget to like, comment and subscribe to our channel! Join 90k+ community app players, learn and earn BITCOIN with ZERO risk: Download link: https://bit.ly/2D2dB49 Timestamps: 00:45 Check out our Community App! 01:24 Rune getting into bitcoin in 2011 02:30 The REAL goal of Maker 03:00 A technology that benefits the underserved 03:22 The case with Argentina and DAI 04:51 The whole story of DEFI 05:21 Defi projects coming from the most unexpected places 07:17 What are the most beneficial Defi projects? 08:29 Lending platforms and passive income 10:53 Why DAI provides diversification 11:49 Blockchain is about Synergy 12:37 The latest release of Multicolateral Dai 14:33 Some of the hurdles of DAI 17:03 The world slowly moving towards Blockchain 18:41 The element of Trust with centralised stablecoins 19:21 How Maker is totally Neutral 22:30 The problem with the existing paradigm 23:11 JP Morgan Stablecoin 24:08 The Fundamental value of Blockchain is... 24:44 When the term stablecoin was IOU 27:04 Going from a Bitcoin Maxi to a Flexi 28:38 The Road Blocks ahead

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