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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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