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David Shrier

David Shrier

Futurist and author

Jun 25, 2026

13:53
David Schreier, futurist and professor of practice at Imperial College London, explained to me the appeal of the cryptocurrency Bitcoin as the global economy was collapsing.
14:04
So the basic premise of Bitcoin was they wanted to create an ability to have what's known as a trustless medium of exchange and store of value.
14:15
And by trustless, I mean that right now, if I want to send money to someone else who has a bank account somewhere else, they had to convince their bank to trust them and do background check on them and make sure that they're a real person, they're a safe person to do business with.
14:32
And then they trust that their bank is going to make sure that the money is received.
14:37
And I trust that my bank is going to make sure the money is sent.
14:40
So there are all these trusted party relationships that go on, and the two banks trust each other and the international settlement system.
14:47
There's all these trusted relationships going on when you want to move money from here to Delhi or...
17:11
Is Bitcoin then little more than gold for the modern age?
14:02
So where do the regulators come in and who trains and educates the regulators so they can actually make the right decisions on how to police this?
14:10
I actually think the FCA and the Bank of England are among the most sophisticated government regulators about technology that I've encountered.
14:19
And I've worked across 150 governments.
14:21
So I think I have a representative sample to say, you know, they're on the more progressive end of the spectrum in terms of their knowledge.
14:28
They may be cautious to take action, and there are reasons to be cautious, but sandboxes are a good thing.
14:35
That is one of the, I think, better interventions that a government can take in order to understand the effects of a technology.
14:44
And so, you know, that said, I mean, look, I'm going to be briefing some government officials later today who reached out to me.

18 MINS LATER

32:39
Can you explain what that means and how you go about keeping yourself up to date and learning new things?

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