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13: Don Tapscott on Bitcoin and The Blockchain Revolution

13: Don Tapscott on Bitcoin and The Blockchain Revolution

Released Friday, 18th August 2017
Good episode? Give it some love!
13: Don Tapscott on Bitcoin and The Blockchain Revolution

13: Don Tapscott on Bitcoin and The Blockchain Revolution

13: Don Tapscott on Bitcoin and The Blockchain Revolution

13: Don Tapscott on Bitcoin and The Blockchain Revolution

Friday, 18th August 2017
Good episode? Give it some love!
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I was thrilled to have Don Tapscott on the podcast to talk about recent developments in the world of blockchain and cryptocurrency. Don is a prolific writer having authored over 16 books including Wikinomics: How Mass Collaboration Changes Everything which has been translated into over 25 languages. He is CEO of The Tapscott Group, and is one of the world’s leading authorities on the impact of technology on business and society. 

Don’s most recent and perhaps most ambitious book is co-authored with his son, startup CEO and bitcoin governance expert Alex Tapscott. Blockchain Revolution: How the Technology behind Bitcoin is Changing Money, Business, and the World has been a bestseller in Canada since its release in May 2016, and has been featured in nearly every major publication in North America since then. Blockchain Revolution is also in the process of being translated into 12 languages.

With the success of Blockchain Revolution, Don co-founded the Blockchain Research Institute here in Toronto with Alex Tapscott. The Institute is dedicated to conducting deep research into how blockchain will impact business and society over the next decade. In 2015, Don became a member of the Order of Canada, and was ranked the 4th most influential management thinker in the world by Thinkers50. He is Adjunct Professor at the Rotman School of Management, an Associate at the Berkman Klein Center for Internet and Society at Harvard University, and Chancellor of Trent University in Ontario. It is hard to imagine anyone who has been more prolific, profound, and influential in explaining today’s technological revolutions and their impact on the world.

In this podcast, Don and I cover how bitcoin's underlying technology signals the second era of the internet. While the internet currently allows us to freely exchange information, blockchain technology allows us to go one step further and exchange value without the need of an intermediary. We discuss recent ICOs (Initial Coin Offerings) and tokenization as well. Over the past 3 months, ICOs have raised more than all venture capital in the United States in all ventures. In the next three months, there will be 1500 new ICOs. 

Our shownotes:

  • How Don was first introduced to blockchain technology [2:31]
  • Why the blockchain is the second era of the internet [4:22]
  • The double spend problem [5:31]
  • Some problems with the current monetary system [6:40]
  • The internet of value [6:12]
  • Bitcoin and Ethereum [7:41]
  • The Blockchain Revolution’s success [8:31]
  • The Blockchain Research Institute and industries for research [10:40]
  • What does blockchain mean for traditional roles in a company? [12:02]
  • Don on tokenization and ICOs [14:22]
  • Don’s newest Carbonx venture [16:32]
  • How blockchain technology can solve environmental problems [17:30]
  • Is Canada a leader in blockchain technology? [19:01]
  • The new government members of the Blockchain Research Institute [21:33]
  • Don on bitcoin's recent surge past $4,000 [24:05]
  • How blockchain can affect democracy for the better [26:56]
  • Blockchain and the future of employment [28:37]
  • How blockchain could replace uber [29:32]
  • A new social contract for the digital age [30:51]
  • Don on universal basic income [31:50]

Other things mentioned:

  • Augur for Prediction Markets
  • Era2 Ventures and Carbonx
  • A new social contract for the digital age
  • Dontapscott.com
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