Francis Pouliot on the Network Effect of Money and Why Tokens Are Scams

Mr Obnoxious - Un pódcast de Peter McCormack

Categorías:

Interview location: Skype
Interview date: Wednesday 7th Nov, 2018
Company: Satoshi Portal & Bylls.com
Role: CEO

Crypto tokens have come under increasing scrutiny over a range of issues:

Are they unregistered securities?

Do they hold any intrinsic value?

Can they be a medium of exchange when prices are volatile?

Are they scams?

Francis Pouliet, CEO of Satoshi Portal, recently entered into a Twitter debate with Brave CEO and President, Brendan Eich over the BAT token. Francis questioned both the legality of the ICO and the added friction for users of the Brave browser when using BAT.

In this interview, I discuss the value of tokens with Francis, whether Brave should consider using Bitcoin, the network effect of money and why the value of all tokens will eventually go to zero.

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Helpful Links:

Connect with Francis:
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On Twitter @francispouliot
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On LinkedIn
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On Medium
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On GitHub
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On YouTube
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On AngelList

Connect with his companies:
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Satoshi Portal
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Bylls

Articles by Francis:
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Catallaxy: the origins of Bitcoin, innovation and spontaneous order
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Why Segregated Witness will make 2017 Bitcoin’s best year yet

Mentioned in the interview:
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Twitter debate with Brendan Eich
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The Bitcoin Embassy
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Book: Skin in the Game: Hidden Asymmetries in
Daily Life by Nassim Nicholas Taleb

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Film: Jeremy Saulnier - Hold The Dark
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Fat Protocols by Joel Monegro
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Pomp interview with Murad Mahmudov
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The Value of Money - Mises
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Brave
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Basic Attention Token

Other relevant WBD podcasts:
- WBD045:
Brave's Brendan Eich on Fixing Online Advertising
- WBD028:
Bitcoin Maximalism with Pierre Rochard

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