Crypto Monday NYC - Jan. 15, 2018
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January 15, 2018 - NY Crypto Mondays Meetup Transcript


 

Stephen Hatzakis:

Hi, this is [Stephen Hatzakis 00:00:06]. I'm here at Crypto Mondays NYC, where ICOinvestor.TV is interviewing people about their thoughts about cryptocurrency, blockchain, and ICOs. Here's what folks had to say.

Alex Cahana:

I personally am interested in initial coin offerings from the sense of building ecosystems. We are now living in a society where there are a lot of malaligned incentives where certain actors are promoted to do good activities and others less so. I think that by creating a transparent, seamless environment it can really promote all the stakeholders to be in a win/win environment.

Rye Robinson:

I really, really like the speeding up of financial transactions. Ripple and Stellar are really big for me right now. I think it's really cool to kind of see how we can do international transactions and move that along to just speed it up exponentially.

George Weiksner:

This idea came about while I was coming home from school, and my dad was telling me about cryptocurrencies. I had this idea with games that one wallet for all your games, and that's how our idea got started.

Alex Harrington:

My company, SNAP Interactive, started an initiative in 2017 where we're building a multimedia content delivery network using Blockchain and other decentralized technologies. Basically, it was a business decision to start using this transformational technology.

Bruce Taragin:

We're still in the very nascent stages in terms of the ISO offerings and Blockchain technology. There is clearly a lot of excitement and from our perspective we think ISOs and Blockchain technology could really be the second internet wave.

David Weild:

It's another what I would call the fifth wave of technology innovation in computer sciences. It started with the semi-conductor. It went to the computer. It then went to the internet. It then went to wireless. Now, we're going to crypto which is distributed Blockchain.

Bruce Taragin:

We probably, I would say, are more excited about the Blockchain than maybe the bitcoin specifically or any of the other currencies. We kind of view those as really applications that sit on top of Blockchain technology. We think it will be very interesting to see over the next decade some new, interesting opportunities leveraging Blockchain technology going forward.

Alex Cahana:

What is amazing from the healthcare ecosystem is that it is a system that is very segmented and has difficulties of connecting one with each other. Crypto offers the security to streamline the trust factor by creating a community of trust within it.

David Weild:

The technology itself is going to create a disruptive revolution in how business get done, and there are going to be some very interesting businesses that emerge from the primordial ooze, just like eBay did from the internet or Amazon.com. There are going to be some amazing businesses that ultimately succeed it what's going to be a Darwinian evolution.

George Weiksner:

Cryptocurrency investing is more, I feel like, later in ISOs like in the beginning. What we do on our ISO is we're making it so you're investing in something that has already been partly built. Ours is like kind of in between which is kind of nice.

Rye Robinson:

Cryptocurrency investing is the value that you kind of place on that cryptocurrency. It goes up based on how other people value it and so on.

Alex Cahana:

I think that 2018 is going to be a big year because it's a year of awakening. I think that both individuals and large entities, as well as policy makers and legislators are starting to understand that the technology behind crypto is not going to go away. As much as what internet did to media, I truly believe that crypto will do the same thing to the internet and will do to all the interactions that we're doing in terms of sharing valuable transactions. It can be currency, but it can also be data. All that transaction of data between providers and patients, researchers, empowering individuals into what we call peer-to-peer transactions, that is going to be the 2018 year.

Bruce Taragin:

I recently looked at a report put out by Goldman Sachs that suggested that stock markets can probably save about $6,000,000,000 a year leveraging Blockchain technology. These are really interesting data points. We think that the uniqueness of the offering of Blockchain technology will really have impact in a number of different verticals and industries over the coming 10 or 20 years.

David Weild:

My key prediction in 2018 is that the vast majority of these offerings are going to start to get done as securities transactions. I think that's the right way to go.

Alex Harrington:

The train has left the station, and it's kind of hard to stop. I do know that regulators are taking a hard look at some of the things that are going on, some of the capital raising that's going on, and will probably try to impose some restrictions on the ICO market. That sad, I predict it's going to go great guns in 2018 really the way it did in the fourth quarter of 2017.

Rye Robinson:

Crypto's going to see a lot of kind of new players come in. I think at the rate it's developing and moving we're going to see new coins coming into play and hopefully some growth.

James Haft:

Hi, I'm James Haft. I'm one of the founders of CryptoOracle. My partner, Lou Kerner, and I founded Crypto Mondays. We're so proud of the turnout here. We have 200 people here at Bagatelle. We're giving 10% of the gate posts to charities that we donate. Right now we have 25 cities that are doing Crypto Mondays. We hope you'll join us.