Episode 03: Blockchain Technology and Cryptocurrencies
In episode 03, I had the opportunity to speak with Jeff George from RGL Forensics and Joshua McDougall from Duff and Phelps on the topics of blockchain technology and cryptocurrencies.
In this episode, aside from covering the general definitions for blockchain technology and cryptocurrencies, we looked at some practical examples for the use of cryptocurrencies as well as some issues surrounding these emerging assets. Josh and Jeff also shared their insights on how people using cryptocurrencies can stay safe and they provide some tips on how to avoid Ponzi schemes. So without further ado, here is my interview with Jeff George and Joshua McDougall:
Show Notes:
Introductions: Jeff George and Joshua McDougall (3:27)
General Terminology: cryptocurrencies and blockchain (5:26)
Seizing or acquiring blockchain based assets (12:33)
Validating a transaction (15:22)
Can anyone have a cryptocurrency wallet? (19:03)
What are the risks associated with possessing these assets? (19:34)
Options for using recently obtained cryptocurrencies (21:17)
What is the safest way to set up a cryptocurrency account? (23:24)
How are assets being traced on blockchains? (26:08)
Can anyone create a coin? (28:39)
Are there examples of fraudulent initial coin offerings? (32:21)
Does a cryptocurrency need to have blockchain technology? (35:33)
What are some other potential applications for #blockchain tech? (39:10)
Would Jeff and Josh sell their cars for bitcoins? (42:10)
Where will cryptocurrency and blockchain tech be in 5 years? (44:14)
You can Connect with Jeff George and Joshua McDougall on LinkedIn.