Listen "#25 Luca Prosperi — Stablecoins Are The Cryptocurrency Set To Replace Banks"
Episode Synopsis
Jordan sits down with Luca Prosperi, founder of M0, a universal stablecoin platform. They dive deep into why Luca believes that everything in the future is a bank and how the infrastructure M0 is building can enable anyone to issue their own stablecoin. From working at the frontier of crypto to reflecting on the philosophy of money itself, Luca shares a systems-level vision for the future of finance. If you want to better understand how money works or where the future of finance is going, you’ll want to listen to this one. Enjoy!Follow Jordan on X: https://x.com/jrwolfe Links to Luca’s Work:M0: https://m0.org- Luca on Substack: https://luca-prosperi.substack.comFollow Luca on X: https://x.com/LucaProsperiContact: [email protected] Influences and Resources Mentioned:Incompleteness Theorem by Kurt Gödel - https://en.wikipedia.org/wiki/G%C3%B6del%27s_incompleteness_theoremsDavid Foster Wallace - https://en.wikipedia.org/wiki/David_Foster_Wallace-Jeff Bezos - https://en.wikipedia.org/wiki/Jeff_BezosFounders Podcast - https://open.spotify.com/show/7txiovdzPARhjm18NwMUYj?si=a9f2d4f9645e4a5bMatt Levine (Money Stuff) - https://www.bloomberg.com/opinion/authors/ARbTQlRLRjE/matthew-s-levinePacky McCormick (Not Boring) - https://www.notboring.co/Simon Taylor (Fintech Brainfood) - https://www.fintechbrainfood.com/Chapters:00:00 Introduction01:13 Understanding Money08:25 Simple Breakdown of Stablecoins11:05 Why Stablecoin Adoption Is Accelerating13:34 GENIUS Act and Why It’s A Game-Changer20:30 Stablecoins Are Safer Than Bank Deposits24:28 Centralization vs. Decentralization In Banking30:11 What Is M0?36:17 Stablecoins May Quickly Become Commoditized38:44 Real M0? Use Cases41:50 Future Of Lending45:00 Stablecoins In the Real Economy49:54 Current Status Of M051:52 Why Luca Is Building A New Financial System54:03 Changing Systems Is More Art Than Business57:19 How M0 Measures Success01:00:37 Rapid Fire: Influences, Resources, and MoreSubscribe & Follow Going Direct: Join the Substack – https://goingdirect.substack.com/ 🎧 Listen on Spotify – https://spoti.fi/3SjDliK 🎧 Listen on Apple Podcasts – bit.ly/3IfV6xK 📺 Subscribe on YouTube for more conversations on how we can use technology to decentralize the real economy and bring us back closer to what matters - https://www.youtube.com/watch?v=EMC14SK4uz4
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