MIT’s Neha Narula on Why Building DeFi on Bitcoin Is a Great Idea

MIT’s Neha Narula on Why Building DeFi on Bitcoin Is a Great Idea

Neha Narula, director of the Digital Currency Initiative at the MIT Media Lab, discusses Elon Musk’s appearance at ‘The B Word’ conference, along with a few current events in the Bitcoin world. Show highlights:

  • her main takeaway from ‘The B Word’ conference
  • why governance plays an essential role in Bitcoin’s block size arguments
  • what Neha thinks of proof-of-work mining and Bitcon’s environmental concerns
  • why Neha is skeptical of Dogecoin becoming a serious cryptocurrency
  • why Jack Dorsey’s new Bitcoin platform business is a good idea
  • what Bitcoin’s dip in hashrate due to China’s crackdown could affect network security going forward
  • what questions Neha has about Bitcoin’s adoption in El Salvador
  • why Neha thinks cryptocurrencies and CBDCs will coexist
  • what DCI has planned for the rest of 2021

Thank you to our sponsors!

Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 

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NEAR: https://near.org 

Episode Links:

  • Neha Narula: https://twitter.com/neha
  • MIT Media Lab: ​​https://twitter.com/medialab 
  • Digital Currency Initiative

    • https://dci.mit.edu/
    • CBDC research

      • https://dci.mit.edu/cbdc-central-bank-digital-currency 
    • Bitcoin network development

      • https://dci.mit.edu/cbdc-central-bank-digital-currency 
  • The B Word conference

    • Elon Musk, Jack Dorsey, Cathie Wood conversation:
  • https://www.youtube.com/watch?v=Zwx_7XAJ3p0 
  • Neha’s appearance:

    • https://www.thebword.org/c/track-3-Supporting-the-Developer-Ecosystem
  • Miscellaneous

    • Square’s Bitcoin DeFi platform

      • https://www.cnbc.com/2021/07/16/square-is-building-a-decentralized-finance-business-for-bitcoin.html
    • Bitcoin and El Salvador

      • https://www.cnbc.com/2021/06/05/el-salvador-becomes-the-first-country-to-adopt-bitcoin-as-legal-tender-.html
    • Bitcoin hashrate drop

      • https://www.cnbc.com/2021/06/15/chinas-bitcoin-miner-exodus-.html 

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