In this episode of Empire, Jason and Santi are joined by Erik Voorhees, the founder of Shapeshift and OG of the crypto industry (joining in 2011). Erik believes crypto can change the world, and this episode explores his thesis on Bitcoin's future, on-chain maximalism, DAO structures and crypto's path to adoption.

Highlights include:
- What is the best form of money
- Bitcoin's tail emission risk
- How DeFi will outperform CeFi
- Will all financial transactions be on-chain?
- The likely path to adoption
- Why DAO failures are a sign of innovation
- Thoughts on regulation
- The future of centralized exchanges
- Why Thorchain is a gamechanger

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Follow Erik:   / erikvoorhees  
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Referenced in the show:

Balaji & Tim Ferris podcast
https://sptfy.com/KI4z~s

Money & State (Erik's blog)
https://www.moneyandstate.com/
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Timestamps

00:00 Introduction
01:32 Moving Beyond Bitcoin
03:50 Bitcoin Is The Best Form of Money
05:34 Bitcoin's Declining Block Subsidy
11:13 Woke Culture vs Bitcoin Maximalism
12:50 The Bifurcation of CeFi and DeFi
16:18 Limits to DeFi's Growth
22:50 Why Users Will Want To Use DeFi
26:50 A Short and Long Term Vision of the World
28:48 Paraswap Ad
29:56 The Path to Adoption
35:38 Is The Worst Behind Us?
37:22 Erik's Current Focus
38:38 DAO Structures and Experimentation
46:08 A DAOs Most Important Use Case
49:30 Iterative Regulation
55:54 Centralized Exchanges
57:05 Thorchain's Use Case
58:48 Advice To New People In the Space
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.