Omid Malekan, an adjunct professor at Columbia Business School and author of multiple books on crypto joins us. Omid shares his insights on the evolution of blockchain, the concept of digital scarcity, and the future of decentralized finance. Drawing from his experiences in both traditional finance, his teachings, and the crypto industry. Omid also discusses how blockchain offers a fundamentally new way to build trust and redefine property rights in the digital world and his best arguments for why ETH > SOL.
0:00 Intro 3:22 Omid Malekan’s Crypto Background 7:00 Transitioning from TradFi to Crypto 12:21 Explaining Blockchain to Crypto Newcomers 18:41 The Fear in Crypto Transactions 22:23 Blockchain as a New Financial Architecture 25:37 What New Crypto Users Get Wrong 29:36 Not All Blockchains Are Equal 32:49 Understanding Decentralization and Security 39:19 Lessons from Traditional Finance 44:06 Modular Design in Blockchain Systems 46:51 Counterexamples in Blockchain Systems 57:30 Envisioning Crypto's Endgame 1:00:09 Evaluating Ethereum's Current Direction 1:16:24 Opportunities for High-Quality Liquid Assets 1:19:34 Ether as the Money of the Internet 1:32:51 Settlement Assurances & the Future of Ether 1:40:03 Crypto Cycles and Future Gains 1:41:25 Own Podcast? 1:42:18 Closing & Disclaimers
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🎬 DEBRIEF | Ryan & David unpacking the episode:
www.bankless.com/debrief-omid-malekan
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TIMESTAMPS
0:00 Intro
3:22 Omid Malekan’s Crypto Background
7:00 Transitioning from TradFi to Crypto
12:21 Explaining Blockchain to Crypto Newcomers
18:41 The Fear in Crypto Transactions
22:23 Blockchain as a New Financial Architecture
25:37 What New Crypto Users Get Wrong
29:36 Not All Blockchains Are Equal
32:49 Understanding Decentralization and Security
39:19 Lessons from Traditional Finance
44:06 Modular Design in Blockchain Systems
46:51 Counterexamples in Blockchain Systems
57:30 Envisioning Crypto's Endgame
1:00:09 Evaluating Ethereum's Current Direction
1:16:24 Opportunities for High-Quality Liquid Assets
1:19:34 Ether as the Money of the Internet
1:32:51 Settlement Assurances & the Future of Ether
1:40:03 Crypto Cycles and Future Gains
1:41:25 Own Podcast?
1:42:18 Closing & Disclaimers
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RESOURCES
Omid Malekan
x.com/malekanoms
Omid's Books
www.amazon.com/Re-Architecting-Trust-History-Markets-Platforms/dp/1732027331
www.amazon.com/Story-Blockchain-Beginners-Technology-Understands/dp/1732027307
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Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures