In this episode, your hosts Ahmed and Faisal, discuss 3 interesting articles; first off is a thought leadership piece from USV around what is needed at this stage of the blockchain cycle and the overall tech cycle by looking at past trends: a killer app or well built infrastructure? The hosts have a couple of interesting points that goes inline with the article and other points which begs to differ.
Then, the hosts discuss the recent Venezuelan government move which forces citizens who wish to obtain a passport to pay using the controversial Venezuelan cryptocurrency: Petro. They explain what the Petro cryptocurrency is and they discuss the impact of such a move and how it affects the country’s citizens.
Finally, the hosts share and discuss the announcement of the UAE’s Securities and Commodities Authority (SCA) of regulating ICOs as securities. They exchange opinions on this direction and how it could foster or hinder the ecosystem’s advancement.
All of the above and more will be on this week’s episode of Encrypted!
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Sources:
The Myth of the Infrastructure Phase
Crypto Now the Only Way Isolated Venezuelans Can Buy Passports
ICOs Get a Green Light in the UAE