Gabe Rubin
speaker
468 appearances
13 recordings
1 series
first heard Apr 2018
last heard Oct 2023
Gabe Rubin’s voice in public audio — every appearance, attributed to the second.
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Appearances
Yeah, that's right.
So Starbucks and Microsoft, as well as Boston Consulting Group, are investors on this project.
And the longer term goal here is to really make cryptocurrencies and especially Bitcoin, just as the largest cryptocurrency.
into something that can be used in retail situations.
Starbucks, without getting ahead of itself, really wants to be able to accept Bitcoin when you go to buy a latte.
Will that happen immediately?
No, but the fact that they're engaging with a platform that seeks to make Bitcoin more regulated and transparent shows that they see Bitcoin sticking around for the long term and they see possible retail uses for it also.
Thank you.
I think what you could say is that, to quote the notorious BIG, it's sort of a more money, more problem situation.
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And cryptocurrencies really weren't all that popular among the retail market until pretty much last year, 2017.
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The run up in prices in December saw a lot of new interest in cryptocurrencies.
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And as a result, there was a lot more retail fraud going on and more sort of uneducated investors getting into the market who are more susceptible to
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to getting caught up in scams.
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So the fact that we're seeing more enforcement of those scams really is just a result of the increased interest in cryptocurrencies.
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He knew quite a bit about markets, apparently.
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Sure.
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So spoofing is a technique that scammers use.
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It's the use of algorithms to drive up prices in markets.
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And essentially spoofers will make a large set of orders, but then cancel them before they're finalized in order to lure other traders into those markets.
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And the spoofers can make pretty handsome profits if they bet on which way prices are going to go because they'll know ahead of time.
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Showing 381–400 of 468 · page 20 of 24
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