Francis Pouliot on the Network Effect of Money and Why Tokens Are Scams
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In this episode, I talk with Francis Pouliot, CEO of Satoshi Portal and Bylls.com. Following his debate with Brendan Eich on Twitter, we discuss tokens, the network effect of money, why BAT is wrong for Brave and why Coinbase is terrible for Bitcoin. LISTEN TO THE FULL EPISODE HERE AND ACCESS LINKS TO THE SHOW NOTES https://www.whatbitcoindid.com/podcast/francis-pouliot-on-the-network-effect-of-money-and-why-tokens-are-scams WHERE TO FIND THE SHOW → My website: https://www.whatbitcoindid.com/podcast/ → iTunes: https://apple.co/2OOlzVV → Spotify: https://spoti.fi/2ygc4W1 → Stitcher: https://bit.ly/2IQO8fX → SoundCloud: https://bit.ly/2CGSVQR → YouTube: https://bit.ly/2pR3s3g → TuneIn: https://bit.ly/2ywystr LISTEN TO OLD EPISODES → By guest: https://www.whatbitcoindid.com/guests/ → By topic: https://www.whatbitcoindid.com/topics/ → Transcriptions: https://www.whatbitcoindid.com/transcriptions/ SUPPORT THE SHOW → https://www.whatbitcoindid.com/sponsorship/ → Become a Patron: https://www.patreon.com/whatbitcoindid/ → Subscribe on iTunes → Leave a review on iTunes → Share the show out with your friends and family on social media → Drop me a line on hello@whatbitcoindid.com WHERE TO FOLLOW ME: → Twitter: https://twitter.com/whatbitcoindid/ → Medium: https://medium.com/@whatbitcoindid/ → Instagram: http://instagram.com/whatbitcoindid/ → Facebook: https://www.facebook.com/whatbitcoindid/ → YouTube: https://www.youtube.com/whatbitcoindid/ → Website: https://www.whatbitcoindid.com/ → Email list: https://www.whatbitcoindid.com/subscribe/ LEARN ABOUT BITCOIN & CRYPTO: → Step by Step Guide: https://www.whatbitcoindid.com/beginners-guide/ → Beginner's guide: https://www.whatbitcoindid.com/crypto-trading-beginners-guide/ → Training: https://www.whatbitcoindid.com/training/ → Resources: https://www.whatbitcoindid.com/resources/ ***** “Humanity needed to discover what is the best form of money.” — Francis Pouliot Interview location: Skype Interview date: Wednesday 7th Nov, 2018 Company: Satoshi Portal & Bylls.com Role: CEO Crypto tokens have come under increasing scrutiny over a range of issues: - Are they unregistered securities? - Do they hold any intrinsic value? - Can they be a medium of exchange when prices are volatile? - Are they scams? Francis Pouliet, CEO of Satoshi Portal, recently entered into a Twitter debate with Brave CEO and President, Brendan Eich over the BAT token. Francis questioned both the legality of the ICO and the added friction for users of the Brave browser when using BAT. In this interview, I discuss the value of tokens with Francis, whether Brave should consider using Bitcoin, the network effect of money and why the value of all tokens will eventually go to zero.