en
Free
Impact Theory

Richard Craib: The Future of Money, How to Become A Master in Finance, and Use Crypto to Gain Wealth In the Revolution & More

Слушайте в приложението
Check out our sponsors:

Better Help: Get 10% off your first month at https://betterhelp.com/impacttheory />
SmileBrilliant: Go to smilebrilliant.com and use coupon code IMPACT

LMNT: Go to drinkLMNT.com/Impact to try their brand NEW flavor - Watermelon Salt.

Thryve: Get 50% off your at-home gut health test at trythryve.com/impact

Athletic Greens: Go to athleticgreens.com/impact and receive a FREE 1 year supply of Vitamin D AND 5 free travel packs with your first purchase!

Decentralization has sparked more conversation and opinions than we can track. As people become more aware of the cracks in the current financial system, solutions to the ways through and over those existing barriers become more appealing. Richard Craib is the founder of the crowdsourced quant hedge fund, Numerai, which is using sophisticated machine learning to create models that essentially predict how the stock market moves. During this conversation with Tom, Richard is sharing how crypto is breaking the barriers of the old financial system that was meant to protect people, while effectively keeping everyone out. This is another resource that can be really useful in seeing the bitcoin revolution, blockchain and cryptocurrency in another light, especially through the lens of finance.



SHOW NOTES:



0:00 | Introduction Richard Craib

0:55 | Financial System Barrier

7:29 | Blocking Innovation

13:07 | Navigating 2 Money Systems

18:13 | Crowd Validation & Volume

24:42 | Machine Learning Models

31:44 | Hedge Funds and Stocks

39:08 | What Happened With Gamestop

44:26 | Decentralized Capitalism

51:12 | Unstoppable Technology

1:00:38 | Bank Regulation Traps

1:08:01 | Staking Benefit for Internet

1:15:46 | Being a Quant Trader

1:22:08 | Math Language in Crypto

1:31:21 | Thinking from 1st Principles

1:34:55 | Entrepreneurship Advice



QUOTES:



“You have to find a way to tie the community into the success of a product and company. And if you fail to do that you will fail in business, you will fail in finance, you will fail in everything.” Tom Bilyeu [53:56]



“You're not in any position of real ownership. And, and that is what crypto changes and the and that's very, very powerful difference” [55:40]



“The difference between owning something forever, and being this kind of like sort of like slave to a system is a very different mindset.” [56:16]



“That's an incredible thing to change, to feel like your relationship with your physical world is somehow fragile, but then the relationship with the digital world is actually fixed and permanent and doesn't need police. And so that's a very powerful thing to be aware of.” [57:49]



“If you can think from first principles, you really can do something original. But if you don't, you can't.” [1:32:56]



“It's very easy to predict the future, when you have a few things to rely on.” [1:33:51]



“Don't start a company unless you're prepared to make it your life's work.” [1:36:44]



Follow Richard Craib:

Website:
https://numer.ai/ />
Fund:
https://numerai.fund/

LinkedIn: https://www.linkedin.com/in/richardcraib/ />
Twitter:
https://twitter.com/richardcraib
2:03:21
Година на публикуване
2021
Вече чели ли сте я? Какво мислите за нея?
👍👎
fb2epub
Плъзнете и пуснете файловете си (не повече от 5 наведнъж)