Crypto 101 in 40 minutes with
Crypto Billionaire Brock Pierce
Former child-star turned crypto-billionaire and now politician Brock Pierce speaks about his start in crypto, its importance, and its future. He also shares his reasoning for running in the 2020 US Presidential Election and the 2022 Vermont Senate race.
Brock Pierce shares his incredible life stories and lessons he’s learned, from being a former child-actor, becoming a crypto-billionaire, running in the 2020 U.S. Presidential election, and currently running in the 2022 Vermont Senate Race. Pierce grew up in the entertainment field, but after seeing how the future was being shaped by new technology and the internet, he pivoted to gaming, an industry that was booming in the early 2000s. Eventually, Pierce launched a business which created a market for the digital current and digital goods that existed in multiplayer games, generating almost a hundred million dollars a year in revenue. According to Pierce, these experiences shaped his basic training to support the development of the crypto and blockchain industries.
In fact, Pierce was one of the first people to mine Bitcoin in 2012. He shares the transformation of cryptocurrency over the years, and the wins and losses that came with being an early mover of these new technologies. He posits that these technologies bring accountability back into a world that sorely needs it and serve as one of the biggest wealth transfers to people who previously did not have access to the monetary system. He breaks the down cryptocurrency, Bitcoin, Blockchains, and ICO tokens, noting the advantages these technologies will bring to our world. He explains the different approaches of Bitcoin and Ethereum, and tackles the questions of how cryptocurrencies should address scarcity and inflation. Next, he shares his predictions of the future of NFTs, and how the emergence of them has shaped a new creator economy in the digital space.
Pierce also shares his reasoning for his “exploratory” run in the US Presidential election - he believes that legislators should understand how technology is advancing and shaping the present and future of our country. Although he did not expect to win, he was motivated by his concern for our collective future and his moral obligation to ensure our country is here for generations to come. Because he sees a dire need for a non-partisan, neutral member of the Senate, he is currently running in the Vermont Senate Race as an independent
"Brock Pierce at the SingularityU The Netherlands Summit 2016" by Sebastiaan ter Burg is licensed under CC BY-SA 4.0
This podcast is presented by:
Hosted by: Richard Wolpert
Produced and edited by: AJ Moseley