E68: Coinsilium CEO: Why You’ll Regret Not Owning Bitcoin

When Shift Happens Podcast

Eddy Travia, CEO of Coinsilium, Bitcoin OG, and the first repeat guest we have had on the podcast, shares his experiences and insights as a pioneer in blockchain technology. As CEO of Coinsilium, Eddy has led investments in 20 blockchain companies and advised more than 20 Initial Coin Offerings that have raised over US$500m. In this conversation, we dive into: -SEC's Approval of Bitcoin ETF and what it means for the Crypto Industry -Why everyone should own Bitcoin -The Evolution of Crypto as it competes with traditional Financial Markets -The Future of Decentralized Social Media -The Future of DEFI -The Potential Risks of Web3 and the Centralization of Crypto -Exploring the Yellow Network -The mental requirements of a successful entrepreneur Join us as Eddy lets us dissect the mind of a Crypto OG --------------------------------------------------------------- SPONSORS: 💰 Earn up to €100 and be eligible for multiple airdrops by Registering to Swissborg via the following link: https://join.swissborg.com/en/r/dylan... 🤖 SwissBorg is Europe’s top trusted crypto app offering user-centric investment platforms and DeFi asset management with reliability and innovation. ♾ Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies. https://www.coinsilium.com 👾 Byzant is a Web3 social network ecosystem for creatives. Get ready to create, connect, and collaborate using Byzant's user-friendly tools and decentralized applications. https://www.byzant.xyz/ ♾️ Astar Network is a Web3 hub for innovation, offering tools and a blockchain platform for decentralized apps and smart contracts. It invites users to innovate and connect in a community-driven ecosystem, transforming ideas into reality with its robust infrastructure. https://astar.network/ 🔘 Mantle Network enhances dApp development with Ethereum's security, low fees, and quick transactions through innovative layer-2 technology. Users can stake ETH for mETH, contributing to a transparent, community-driven ecosystem governed by $MNT token holders, fostering innovation and collaboration. https://www.mantle.xyz/rewards-station 00:00 Intro 01:38 Astar Network Partnership 03:05 Meet Eddy Travia: CEO of Coinsilium 04:44 SEC's Approval of Bitcoin ETF 08:19 The Success of ETF’s in Financial Markets 08:57 What does a Bitcoin ETF mean for the Crypto Industry? 10:18 The Future of Crypto Currency 12:46 Potential Benefits for Institutions Investing in Bitcoin 14:22 Crypto: The Savior of Legacy Finance 16:16 Reasons for Owning Bitcoin / Cryptocurrency 22:32 Competition between Crypto Companies and Banks 24:41 Evolution of Crypto and the Financial Markets 27:11 Convergence of Crypto & Real-World Economy 28:59 Development of the Bitcoin Network 32:35 Investment Opportunities in the Crypto Market 34:11 How Social Networks Profit From your Data 35:50 Advantages of Transitioning to Web3 Social Media 38:37 Byzant's Approach to Social Media Advertisements 41:45 Mantle Partnership 43:05 Future of Decentralized Finance (DeFi) 49:00 Potential Risks of Web3 and the Centralization of Crypto 51:04 Story of Louis Poussin 51:34 The Political Element of Crypto 53:38 Is it Best to Decentralize Everything? 54:49 Avoiding a Dystopian World 55:44 Why Human Input is Necessary 57:09 Enhancing Lives Through Data Management 57:53 Introducing the Alpha Part 58:36 What is Yellow Network? 1:01:34 Why should we pay attention to Lens Protocol 1:03:25 Using Web2 to Understand Lens Protocol 1:05:47 The Importance of Infrastructure in Web3 1:06:24 The Team behind Lens Protocol 1:07:38 Insight into Kamino & Solana 1:11:55 Why sacrifice is required for Entrepreneurial Success 1:14:54 Importance of Patience & Perseverance 1:20:59 Deliberation between Speaking & Taking Action in Entrepreneurship 1:26:40 Human Bias in the Startup Investment Field 1:29:03 How Vitalik argued his way into funding Ethereum