Jackson Palmer, the creator of Dogecoin and the website Are We Decentralized Yet, explains why he thinks the markets suddenly took a nosedive, why it’s hard for him to get data on these crypto assets for the Are We Decentralized Yet website — unless there’s a centralized company behind them — and how Ripple and Initiative Q are somewhat similar. We also covered the perpetual question of how much of Ripple’s social media support is real vs. bots, what “fair distribution” of coins means, why mining isn’t for “anybody” but for the privileged, and whether or not proof of stake coins could be secure or whether they’ll also be susceptible to centralization.

Thank you to our advertisers!

CipherTrace: https://ciphertrace.com/unconfirmed

WeTrust: https://wetrust.io/unconfirmed

Episode links:

Jackson Palmer: https://twitter.com/ummjackson

Jackson Palmer’s YouTube channel: https://www.youtube.com/JacksonPalmer

Jackson Palmer’s website: https://ummjackson.com

Dogecoin: https://dogecoin.com

Are We Decentralized Yet: https://arewedecentralizedyet.com