Ep 70 | The Evolution of Digital Finance: From Speculative Value to Utility Value with Kevin O’Leary

The Money Movement with Jeremy Allaire | Leaders in Blockchain, Crypto, DeFi & Financial Inclusion

Crypto has raised considerable interest for its potential to simplify the world's financial infrastructure, while also increasing access, efficiency, and cost-effectiveness. But lack of regulatory clarity and government agency turf wars over digital assets are holding back the full realization of this ecosystem’s utility phase.

Kevin O’Leary* of ABC’s Shark Tank is bullish about a breakthrough. The brightest minds on earth, he said recently, want to work on the chain. He believes that a clearer regulatory framework will unlock massive new capital that’s currently on the sidelines.

In this episode of The Money Movement, Jeremy and Kevin discuss money as a reconciling mechanism, the need for statutory definitions, fractionalized ownership, the iOS of blockchains, and why Congress needs to act now on stablecoin legislation.

They cover:

👉 [00:00:35] Kevin’s journey into digital finance

👉 [00:01:30] Inefficiencies and the cost of international transactions

👉 [00:05:40] Mitigating present stablecoin catastrophes

👉 [00:09:00] Stablecoin regulation

👉 [00:09:22] Navigating the unclear regulatory landscape

👉 [00:13:50] Dealing with complicated wallets and user interfaces

👉 [00:15:00] The next wave of seamless user experience

👉 [00:17:10] Scaling models

👉 [00:19:15] Exploring use cases of the blockchain: NFTs and authentication

👉 [00:24:10] Aligning the radically decentralized nature of crypto with regulation

👉 [00:28:35] Implications of getting institutional support behind cryptocurrencies

👉 [00:29:39] From speculative value to utility value

If you’re interested in what it will take to bring the next 500 million users into the crypto ecosystem, tune in to this episode of The Money Movement.

Subscribe here:

👉 YouTube: https://bit.ly/3lUcJFN

👉 Apple: https://apple.co/3G3CrPZ

👉 Spotify: https://spoti.fi/3lUd6jF

👉 Email: https://bit.ly/3aXWYY5

And connect with Kevin here:

👉 Twitter: https://twitter.com/kevinolearytv

👉 LinkedIn: https://www.linkedin.com/in/kevinolearytv

👉 Website: https://oshares.com
About the show

The global economy is experiencing unprecedented challenges and change. Business leaders everywhere are grappling with how to transform their companies to become more digital, resilient, and efficient. As we face this change, a new global movement is building around the promise of digital currencies and blockchains — forming a new architecture for the global economy and creating new opportunities for companies everywhere. The
Money Movement explores the issues, ideas, and icons driving this transformation in how we spend, send, save, and store value.

The Money Movement is brought to you by Circle. Our mission is to raise global economic prosperity through the frictionless exchange of value. Learn more about Circle Business Accounts and Platform APIs at circle.com.

The Money Movement with Jeremy Allaire is handcrafted by our friends over at: fame.so