Ep 51 - The Crypto Future with Ken Kruger, CEO of MOON

Venture Studio

I’m sure like me, a lot of you who don’t work in crypto are trying to understand and learn about it these days. I know that some of us are very skeptical, some are intrigued, and that some are just curious, and trying to learn as much as they can. After this conversation with Ken Kruger, you can consider me among those who are really inspired at the possibilities. Ken deeply believes that Cryptocurrencies are the future of money — he is walking the walk, and is the founder and CEO of Moon, a company on a mission to bring this future to fruition. By background, Ken is a serial founder and software engineer with a computer science degree from Cornell, and an MS in industrial engineering and Operations Research from Columbia, where he studied Financial engineering. In the past he’s has worked at Lockheed Martin as a software engineer, and as a Product Manager on classified military projects. Let’s head up to the office…. “Stablecoins you just can’t ignore; there’s so much value there” - Ken Kruger Show Notes: -About Ken’s intro to the world of Crypto -What are stable coins? -The currency situation in Venezuela -What does Dave get consistent pushback on regarding crypto? -China, and bitcoin mining prohibition -What is the importance of stable coins? -How do you obtain a stable coin? -What are the methods for converting to local currency from your crypto wallet? -Why are stable coins important in the scenario of currency exchange in foreign countries? -What are some alternates to stable coin? -Which Crypto communities are “up and coming”? -What are the problems with crypto payments? -What are some companies that allow for purchases in crypto? -What’s driving consumers to want to transact in crypto? -What is “Moon”, and how does it work? -What is the Moon user base like, demographically? -What’s in the future for Moon? -Increasing use cases of Moon -What are systems like Moon unlocking for the future? “The power of crypto is that every time a new application comes up, it brings new people, and that’s the built-in network effect of these cryptocurrency networks.” - Ken Kruger