Byrne Hobart joins Antonio, Dan, and Erik to discuss SVB, finance, and crypto. We record our interviews with Riverside. Go to bit.ly/Riverside_MoZ + use code ZEN for 20%.
0:00 Intro 0:45 Sponsors 1:28 Dan’s story with SVB 11:00 Byrne intro (Check out Thediff.co) 12:00 How Byrne identified SVB’s insolvency 20:30 How banking works 27:10 Fractional reserve banking 32:00 Banking on-chain 37:00 Understanding illiquidity 51:00 Housing market 58:00 How much can crypto recreate the financial system? 1:13:00 Crypto is financial system for digital native world 1:20:25 Are we at the end of (financial) history? 1:25:00 Finance is never solved
Turpentine
0:00 Intro
0:45 Sponsors
1:28 Dan’s story with SVB
11:00 Byrne intro (Check out Thediff.co)
12:00 How Byrne identified SVB’s insolvency
20:30 How banking works
27:10 Fractional reserve banking
32:00 Banking on-chain
37:00 Understanding illiquidity
51:00 Housing market
58:00 How much can crypto recreate the financial system?
1:13:00 Crypto is financial system for digital native world
1:20:25 Are we at the end of (financial) history?
1:25:00 Finance is never solved
More shownotes and reading material released in our Substack: momentofzen.substack.com/
Sign up to Byrne's newsletter: www.thediff.co/
In addition to Riverside, thank you Secureframe for sponsoring (Use "Moment of Zen" for 20% discount) and Graham Bessellieu for production.
Music License: SN2QTHCG6ISKCZET