In our latest podcast episode, Kuan-Ning Tseng sits down with  Marco Krohn, the visionary CEO and co-founder of Genesis Mining Company. 

The story goes back to the time after obtaining a PhD in theoretical physics and working at an investment bank, he discovered bitcoin and never looked back. Marco Krohn is also a co-author of ‘Decrypting Money,’ aiming to make years of his knowledge more accessible to the world using storytelling methods. His background enables him to look at the current financial system from a different point of view.

As a co-founder of multiple successful blockchain companies, including Genesis Digital Assets and Genesis Group, Marco has been at the forefront of the cryptocurrency revolution, driving innovation and profitability in the industry. 

During the episode, we delve into Marco's extensive background and discuss the critical issues surrounding AI alignment with human values, the risks of centralized monetary control, and the genius of Satoshi Nakamoto. Marco shares his insights on the recurring pattern of currency debasement in monetary history, the security challenges in Bitcoin, and the significance of decentralized systems requiring consensus without time ordering of events. Tune in to gain valuable knowledge from a leading expert in the field and explore the intricate dynamics of the cryptocurrency world.

PS. Not financial advice. Do your own research. 

[00:01 ] Discussing AI's alignment with humans and the risk of centralized monetary control

[02:22 ] Realization of the genius of Satoshi Nakamoto

[07:03 ] Central control of monetary system leads to single point of failure

[09:30 ] Currency debasement is a recurring pattern in monetary history.

[14:12 ] Decentralized systems require consensus without time ordering of events

[16:30 ] Bitcoin consensus ensures unique existence and decentralized agreement.

[20:52 ] Miners act as auditors for transactions in the same block

[23:01 ] Challenges in the security of Bitcoin

[27:12 ] Realization of narrow worldview regarding traditional financial system

[29:14 ] Subprime loans led to toxic assets and a financial crisis.

[33:21 ] ETFs offer safety and diversification

[35:17 ]  Digital ownership proven through public-private key encryption

[39:35 ] Bitcoin origins and emphasis on security

[41:32 ] Sharing small bits of personal information can lead to privacy risks

[45:28 ] Deep Mind's AlphaGo shocked the world by defeating top Go players.

[47:26 ] Advancements in AI and machine learning

[51:33 ] Statistical approach to machine learning using huge data vs. need for intelligence

[53:38 ] Deep neural networks led to significant progress in AI capabilities.

[57:55 ] Exploration of the properties of money, Bitcoin, and blockchain

[59:56 ] Importance of shared information and reminder of not being financial advice

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- Marco’s Twitter: https://x.com/mkrohn5

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