Summary: Let’s talk about
Alt-coins. Our first interview (with many to come). This time, we interview Jed
McCaleb, founder of Mt. Gox and Ripple, as well as the current CTO and
co-founder of Stellar.org. And we giveaway some Stellar Lumens on this 10th
episode of The Bad Crypto Podcast!
Mt. Gox and Ripple的創始人、Stellar.org的現任CTO和聯合創始人Jed
Host: Joel, Travis 主持人：喬爾，特拉維斯
Guest: Jed McCaleb 嘉賓：Jed McCaleb
Show Highlights 節目亮點：
Bitcoin is a wild ride. We aren’t sure what is driving that growth,
but it is clear that Bitcoin is on quite a ride! Perhaps the predictions we’ve
heard about $10,000 this year could come true?
When we started Joel and Travis’ Excellent Crypto Adventure
with you guys, only 4 weeks ago BTC was bouncing around $2200. Then it dropped to the $1800s, and now it’s
$4400. It’s on a rocket ship leaving all
other alt-coins in the dust right now!
Bitcoin isn’t the only crypto game in town. There are over 1,000 currencies and assets
being track on CoinMarketCap alone.
Different coins have different rules, and solve different problems.
Bitcoin is designed to be a form of electronic money. Other altcoin cryptocurrencies have entirely
different goals. Some, like Ethereum and
Neo, you can built smart contracts and DApps on them. We will talk about all of that later.
Today, we are giving some of you Stellar Lumens, which is
another cryptocurrency. (They are going to go VERY fast!)
Interview with Jed McCaleb, Co-Founder of Stellar
Stellar.org is a company with a mission to be the
fundamental financial protocol for transferring money. Stellar allows you to connect and trade with
many different banking institutions and across all borders. Each entity gets an anchor. For example, you
may have a Wells Fargo Dollar and a Bank of America Dollar.
Lumens are very valuable in countries like Nigeria. Maybe you want to send some money to your
family in Bahrain. There isn’t a lot of
liquidity there in Nigerian niara to Bahrain dinar. Instead of having an order
book from every currency, each country can pair their currency to Lumens. So
instead of Nigerian niara to Bahrain dinar, you have NIARA to XLM and XLM to
DINAR. Currency to Lumens. Lumens to other currency.