I enjoyed this one to one (pun intended) between Noah and Kelly, although not so much the part on cryptocurrency, as my gut feeling on cryptocurrency is save your currency ... at least for the moment.
Cryptosynchronicity and the Two Sides of the Bitcoin?
Mr Hayes said the beauty of the blockchain was that the products investors were buying were managed on a ledger or system that was almost incorruptible.
"These are very exciting developments. It's cutting-edge technology," he said.
"There are a number of offerings out there that use standard blockchain as the underlying record-keeping system, but many of those are not actually gold-backed, so you're relying on the actual blockchain technology itself.
"So there's nothing in terms of cryptocurrencies that actually back the currencies.
"If you use precious metals to back something on blockchain or something that is allied to blockchain, it retains its intrinsic value, unlike the offerings from Bitcoin and Ethereum, which really rely on everyone believing that there's something behind it.""
My interest in this podcast was with Kelly's current project about making the film series on death and dying.
I think Kelly is doing some important work at the moment, not just with this project, but also with her podcast show 'The Tao of Comedy'.
Maybe this stuff from the Perth mint, which will be backed by gold might be worth a gamble?
But at the moment I'm staying out of it.
Buying and selling with confidence
"Most digital currencies have no physical backing and are transferred from peer to peer, via a computer.
Mr Hayes said that made the prospect of offering a crypto-gold product even more exciting and possibly a world first.
He said the aim was to provide a transparent offering that would allow investors to buy and sell with confidence, knowing the products they were buying were completely traceable."Most digital currencies have no physical backing and are transferred from peer to peer, via a computer.
Mr Hayes said that made the prospect of offering a crypto-gold product even more exciting and possibly a world first.
Mr Hayes said the beauty of the blockchain was that the products investors were buying were managed on a ledger or system that was almost incorruptible.
"These are very exciting developments. It's cutting-edge technology," he said.
"There are a number of offerings out there that use standard blockchain as the underlying record-keeping system, but many of those are not actually gold-backed, so you're relying on the actual blockchain technology itself.
"So there's nothing in terms of cryptocurrencies that actually back the currencies.
"If you use precious metals to back something on blockchain or something that is allied to blockchain, it retains its intrinsic value, unlike the offerings from Bitcoin and Ethereum, which really rely on everyone believing that there's something behind it.""
I think Kelly is doing some important work at the moment, not just with this project, but also with her podcast show 'The Tao of Comedy'.
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