Episode Summary:
In this episode, Decent Millionaire host Dara Albright and guest Casey Craig, Director of Education at ARCrypto, an educational platform that helps students learn how to use and profit with decentralized finance (DeFi), discuss how decentralized finance enables true individual freedom to flourish.
Episode Highlights:
The fallout of FTX and preventing future scams;
How self-custody education helps investors avoid FTX-type frauds;
Why we should not allow regulators use the FTX fraud as an opportunity to usher in a Central Bank Digital Currency (CBDC);
The dangers of CBDCs and why they will ultimately fail;
Why the government is powerless against bitcoin;
Why DeFi is in much better shape than CeFi (Centralized Finance);
How web3 will foster financial literacy.
Educational Takeaways:
Understanding the differences between Decentralized Finance and Centralized Finance;
How CBDCs (Central Bank Digital Currencies) work.
About The Decent Millionaire Podcast
The Decent Millionaire podcast (short for decentralized millionaire), hosted by fintech pundit Dara Albright, is an episodic podcast series that helps people discover the unprecedented wealth creating potential of decentralization, web3 & Participate2Earn Economics (P2E Economics for short). Whether you are an individual looking to learn how web3 can make you healthier, wealthier and wiser – without investing a dime; or whether you are a policymaker, financial professional or economist seeking to understand how this new macroeconomic framework will foster economic expansion, narrow wealth gaps, raise literacy rates, improve the healthcare system and ensure ample retirement savings for all, this is the podcast for you.
Decentralized Finance is Where True Individual Freedom Flourishes