Creating a Usable Scale for Money with Daniel Popa from Anchor

What is Crypto w/ Michael Nye - A podcast by Michael Nye: Bitcoin, Ethereum, Litecoin, Blockchain, Cryptocurrency, Crypto Advocate

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Sign up for our newsletter at https://Evolvement.io. Evolvement is a podcast hosted by Nye that revolves around Bitcoin, cryptocurrency, blockchain technology, and how these play a role in the current financial models and economic systems of the world. In this episode, I sit down with Daniel Popa to talk about stablecoins and the future of banking. We discuss how he first got started in cryptocurrency and how Ethereum reminded him about VOIP. We also talk about how he decided to start a stable coin, why stable coins matter, and much more. Finally, we get into the background of Anchor and how he plans to tie a stablecoin to the Global GDP. Learn more about what Daniel is building at https://theanchor.io/. Also, thank you to our sponsors VegaWallet and HeatLedger. And thank you to all our listeners! You guys help make this possible. Timestamps 2:35 - Who are you and how did you get started in crypto? 5:00 - Why were you first speculative on Bitcoin? 6:45 - What part of Ethereum reminded you of VOIP? 8:00 - Why did you decide to start a stable coin? 10:40 - How are you different from other stable coins? 12:55 - What is a scale for money? 14:15 - why is this relevant? 16:55 - without a backing, what happens to a currency? 19:45 - How are you tiring a stable coin to GDP? 22:37 - How do you get something like this adopted? 29:13 - What are the future of stable coins?