Digital Bytes S4 E7 Feb 15th - Featuring Sean Kiernan, CEO & Founder, Greengage LTD with James Tylee and Jonny Fry
Description
Welcome to this week’s Digital Bytes. This week we have analysis on the following topics:
DeFi and DAOs - the impact of DeFi and DAOs is gradually being felt across the world as they collectively challenge the world’s financial markets so making them more transparent, inclusive and secure - controlled by everyone and no one.
Can Bitcoin’s price be based on stones? - rai stone has been used for centuries in the Pacific by the Yapese people as the foundation of a relatively sophisticated decentralised monetary system based on the value of labour and scarcity and without the need for intermediaries. What can we learn from these Pacific islanders to determine if now is a good time to buy Bitcoin?
Digital assets likely to further increase the need for bots and algorithmic trading - the buying and selling of shares, bonds and other assets is already dominated by bots and algorithmics. As we see more assets being made available in a digital form, the % of trades on many of the existing traditional markets and new digital exchanges are likely to rely on bots and algorithmic trading to an even greater extent. Digital assets offer the ability to trade 24/7, so even the most active of fund managers will have to rely on computers to trade in the future.
Crypto glossary - Sean Kiernan, founder and CEO of finance specialists, bankers and digital natives, Greengage, talks about the company's motivation to produce a comprehensive and continuously updated Crypto Glossary to help parliamentarians, regulators, market practitioners and the public at large to become more comfortable with ‘the lingo’ and be better informed about new cryptos, digital assets and technologies.
Postscript - OpenAI’s ‘ChatGPT’ grabs the world’s attention and has reached 1,000,000 users in just 5 days. It took Instagram 75 days and Spotify 150 days to do the same. Have you tried it yet?
United States
