Motion: China Will Lead the World in Blockchain Innovation (Matthew Graham vs. Avichal Garg)


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Mar 09 2020 78 mins   11
Guests: Matthew Graham (@mattysino) - debating FOR the motion Avichal Garg (@avichal) - debating AGAINST the motion Host: Richard Yan (@gentso09) Today’s motion is “China will lead the world in blockchain innovation.” With a huge market, vast amount of capital, loose regulations (in a de facto sense anyway), deep bench of talent and prowess for imitation, China is a powerful incubator of tech and product, both in blockchain and other tech industries. China is the place for concentration of mining power, top exchanges and now potentially a pioneer for national digital currency. Global crypto investors may be interested in knowing, will true innovation come out of China? And for western entrepreneurs and operators, what can they learn from their Chinese friends? Today’s debate will help address these questions. The guests we have for this episode are founders of two crypto funds: One is a US transplant into Beijing who now considers it home. While the other has been a Silicon Valley lifer since college. If you would like to debate or want to nominate someone, please DM me at @blockdebate on Twitter. Please note that nothing in our podcast should be construed as financial advice. Source of select items discussed in the debate: Baidu's Xuperchain: https://www.technologyreview.com/f/615022/baidus-xuperchain-launch-is-just-the-beginning-of-chinas-blockchain-rush/ China's 9-9-6 engineer hours: https://en.wikipedia.org/wiki/996_working_hour_system Multicoin's Mable Jiang breaks down President Xi's speech about blockchain development: https://medium.com/@mablejiang/xi-jinpings-speech-at-the-18th-collective-study-of-the-chinese-political-bureau-of-the-central-1219730677b2 China's Belt and Road Initiative: https://www.cfr.org/backgrounder/chinas-massive-belt-and-road-initiative More than 30,000 companies are registered as blockchain businesses in China https://news.bitcoin.com/33000-companies-in-china-claim-to-use-blockchain-technology/