Invest Like the Best with Patrick O'Shaughnessy
Hash Power – Ep. 1 - Understanding Blockchains
Conversations with the best investors and business leaders in the world. We explore their ideas, methods, and stories to help you better invest your time and money. Hear stock market and boardroom insights you can't find anywhere else. If you're a professional investor, CEO, entrepreneur, or business strategist, this is for you. Explore all our episodes and learn more at https://www.colossus.com
Show Notes
Tap timecodes to jump
Welcome to the first episode of Hash Power, an audio documentary that explores the world of blockchain and cryptocurrencies with leaders in the field like Naval Ravikant, Olaf Carlson-Wee, Fred Ehrsam, & Ari Paul. Hash Power is meant to be an introduction, but really, it is an invitation to explore this emerging world on your own.
In the coming weeks, we will cover the technology, the power of decentralization, bitcoin, Ethereum, ICOs, cryptography and hashing. We will spend time with the leading active hedge fund managers in the field, and with outside investors who are both optimistic and skeptical. Episode one covers the big picture, and answers the question: what is blockchain and why might it significantly affect our world?
If you enjoy what follows, you’ll still be very early in understanding this field. Most don’t. So help me spread it like wildfire, because the more people that understand blockchain, the better its impact might become. Please enjoy episode one, and stay tuned next week for episode 2, which explores investing in cryptocurrencies.
Hash Power is presented by Fidelity Investments
For comprehensive show notes on this episode go to http://investorfieldguide.com/hashpower
For more episodes go to InvestorFieldGuide.com/podcast.
To get involved with Project Frontier, head to InvestorFieldGuide.com/frontier.
Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub.
Follow Patrick on Twitter at @patrick_oshag
Books Referenced
The Sovereign Individual: Mastering the Transition to the Information Age
Nostalgia for the Absolute
Links Referenced
Bitcoin: A Peer-to-Peer Electronic Cash System
Reddit User jav_rddt
SHA-256 Calculator
The BitCoin Model for Crowdfunding
Fat Protocols
#cryptotwitter
Show Notes
CHAPTER 1 – Understanding the Concept of Blockchain ()
– Jeremiah Lowin explains how blockchain is like a database
– Bitcoin: A Peer-to-Peer Electronic Cash System
– Owning a digital asset
– Naval Ravikant, CEO of Angelist on how blockchains can help to create personal networks and organize humans
– New coins popping up around data storage and utility needs like solar panels
– Permission vs permissionless networks
– Keeping track of scarcity and the introduction of tokens
– The Sovereign Individual: Mastering the Transition to the Information Age
– The role of blockchains in the informational age and the rise of more individual sovereignty
Fred Ehrsam, co-founder of Coinbase, on the increasing shift to digital worlds led by incentive structures
CHAPTER 2 – Blockchain Technology ()
Reddit User jav_rddt
SHA-256 Calculator
Charlie Noyes, Pantera Capital, explains how SHA-256 was developed and what make its so special
– How miners create new blocks and the incentives to do so
– Ethereum, the “spiritual successor” to bitcoin
– How the Ether network is an ecosystem in which other tokens can sit
Naval Ravikant on alternative coins or tokens
The BitCoin Model for Crowdfunding
– Fat Protocols
– Blockchain as an experiment in distributed government
– How cryptocurrency is more than just technology, it’s a movement
– Nostalgia for the Absolute
#cryptotwitter
Peter Jubber, of Fidelity, on how huge institutions, like theirs, are getting into the cryptocurrency game
Olaf Carlson-Wee, first employee at Coinbase and the founder of Polychain, on the early excitement for cryptocurrency
– Closing thoughts from Patrick
Looking to work in this space - hashpowerdeveloper@gmail.com
Learn More
For more episodes go to InvestorFieldGuide.com/podcast.
Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub
Follow Patrick on twitter at @patrick_oshag
This episode is not processed yet. Sign in to queue the transcript and make it useful for search and Q&A.
Sign in to queue transcript (1 credit)
Free to start
Skim the episode first,
Skim the episode first,
then decide if it is worth listening.
Sign up with Google in one click. 10 transcript credits included. No card needed.
Google sign-in · No credit card · 10 free transcript credits