John Wu, the president of Ava Labs, came from a traditional background in finance, including extensive work in fintech and hedge fund investing. Upon discovering Bitcoin, he realized that he could only invest in it personally and not for his clients, due to his fiduciary duty and an inefficient financial system. So he built Ava Labs. John now directs an ambitious team that’s developing an entirely new blockchain infrastructure, set to disrupt both traditional finance and pre-existing blockchains. Scott Melker and John Wu further discuss discovering Bitcoin in 2013, the untapped world of alternative assets, taxi medallions, the internet of assets, the DeFi Petri dish, NFT’s, political polarization, the danger of big companies, the schoolyard vs. the comment section, trillions of dollars locked in an inefficient system, the ‘08 crash and DeFi, Mad Men investors and more. --- ROUNDLYX RoundlyX allows you to dollar-cost-average into crypto with our spare change "Roundup" investing tool, manage multiple crypto exchange accounts in one dashboard and access curated digital asset content and services. Visit RoundlyX and use promo code "WOLF" to learn more about accumulating your favorite digital assets when making everyday purchases and earn $4 in free Bitcoin. --- EQUOS Diginex is the first company with a cryptocurrency exchange to be listed in the US. That exchange, EQUOS, has been built to institutional standards, but is available to everyone. You can trade Bitcoin and Ethereum spot, as well as Bitcoin perpetuals, and get a 5% discount on all fees, by signing up using equos.com/wolf. --- CELSIUS With the Celsius app you can earn up to 15% APY rewards on over 30 cryptocurrencies. Have crypto but want cash? Celsius also offers the lowest cost loans against your crypto with interest rates starting at just 1% APR. Enter promo code WOLF when you sign up and get $20 in BTC! Users must transfer and hold at least $200 of any coin for 30 days to be eligible for the reward. --- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe.This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related