Jamie
๐ค SpeakerVoice Profile Active
This person's voice can be automatically recognized across podcast episodes using AI voice matching.
Appearances Over Time
Podcast Appearances
Yeah, the US dollarization of economies at scale is definitely something that I think has inertia now.
But you're totally right.
At the end of the day, there's economics, but there's also politics.
And people don't want to see their economies effectively become overwritten by different currencies and markets that don't necessarily have that currency at heart, that economy at the core of what their decisions are.
And so the reason why I think this concept is so powerful is many had mentioned and going back to the very beginning, many had mentioned this idea of these synthetic hedges.
And what that really is doing is it's kind of stemming the tide between where we are and where we want to be.
If we want to be in a world with denominated and global stablecoins, and we currently live in a world with USD, how do we kind of get there?
And with Blend, we're actually able to create personalized hedging, these high financial engineering vehicles in every single person's account on chain transparently.
And that's literally something that just doesn't exist today.
unless you are staring at your markets 20.
But why do you want to do that?
If you want a bank account to save and actually spend it a little bit like go touch grass or go hang out, have a beer on a Friday night.
There's just there's a lot you can do if you're not staring at your screen.
And that's really what we're trying to optimize for.
Like almost almost just giving people their time back.
Yeah, yeah, definitely.
Yeah, I mean, I think Veda has actually been a really interesting company and protocol that I've seen.
I've had the opportunity to actually go through a lot of their contracts.
I think the really interesting part is like what they've actually contributed, like in terms of
open source, like, able code, I've never seen a team like a like an infrastructure team iterate that fast.