XRP & RLUSD: Can Crypto Replace Banks?
Manage episode 455492113 series 3407325
This episode of Faz Radio dives into the latest crypto controversies and cutting-edge AI developments. Faz, Titan, and Zorro unpack Coinbase and Kraken freezing large transactions, speculating whether it's part of a deeper conspiracy to manage their reserves. The conversation pivots to ChatGPT's new video-call-like feature, which could revolutionize real-time assistance, and explores concerns about AI's tendencies to lie under pressure.
The show heats up with a debate on XRP and the introduction of RLUSD — Ripple's new stablecoin for remittances. They explore the hurdles of mass adoption, the role of banks, and how countries like Venezuela are already embracing digital currencies. The episode wraps up with a look at Strike's new Bitcoin bill pay feature, offering a glimpse of the future where crypto becomes seamlessly usable for everyday expenses.
00:00 FazRadio is back!
00:18 Catching up on last week's hiatus
00:50 Coinbase under fire: Bitcoin deposits frozen
03:18 Customer complaints & conspiracy theories
05:40 Kraken’s margin trading controversy
09:15 ChatGPT's groundbreaking video features
11:20 Is AI becoming too smart? Ethical dilemmas
14:50 Google Gemini AI: A step ahead of ChatGPT?
19:00 Digital economy: Transitioning to stablecoins
29:45 XRP's use case in remittances explained
39:12 RLUSD stablecoins and banking adoption
54:00 Will crypto make cash obsolete?
1:03:00 Strike app and crypto simplicity
1:14:00 Closing thoughts: Crypto’s future and adoption challenges
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100 episoade