Joe and Dan talk to Jake Yocom-Piatt, founder of top-100 cryptocurrency Decred (DCR). In this wide-ranging discussion, Jake and the boys talk about the importance of sovereignty, crypto scams, privacy, CBDCs, and more.
Read Dan's write-up on CoinJournal.net.
Decred is a cryptocurrency with a hybrid Pow/PoS consensus algorithm that aims to build on the success and principles of Bitcoin to extend sovereignty beyond the realm of monetary policy. Founder Jake Yocom-Piatt worked on Bitcoin as early as 2013, and created Decred in 2016.
Sovereignty refers to the ability of individuals to exercise control over their own lives and is arguably a founding tenet of cryptocurrency. Some would argue that profiteering and rent-seeking have come to overshadow this key principle as "hot money" has arrived in crypto, leading to a splintering within the crypto community between "investors" and sovereignty enthusiasts.
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