Phemex CEO Jack Tao talks about his journey from Morgan Stanley to Bitcoin, and explains why he enjoys the decentralized world. 3:16 \u2013 What is Phemex? 4:19 \u2013 From Morgan Stanley to Bitcoin 7:05 \u2013 What makes Bitcoin special? 9:23 \u2013 Limitations of the legacy financial system and fungibility 11:18 \u2013 Unbanking the banked 13:10 \u2013 Phemex vs BitMEX 17:00 \u2013 Separation between user accounts and the exchange 18:05 \u2013 What is simple about Phemex trading? 20:03 \u2013 Find 2.1 BTC in an art puzzle 22:00 \u2013 Information about the contest 23:21 \u2013 Phemex exchange whitepaper/yellowpaper 29:07 \u2013 How does Phemex scale? 32:06 \u2013 Why small investors should use Phemex 37:52 \u2013 Which hardware wallets does Jack use and recommend? 41:05 \u2013 Buying BTC on fiat for DCA 42:42 \u2013 How should bitcoiners think of Phemex? 43:41 \u2013 No KYC/AML on Phemex 45:49 \u2013 The data management problems involved in storing user private data 48:40 \u2013 Why BTC insurance is not perfect 50:40 \u2013 The lessons we learn from altcoin failures 51:05 \u2013 Bad Bitcoin regulations by politicians who don\u2019t get it 54:20 \u2013 Big companies demanding for more regulations due to monopolistic greed 59:00 \u2013 Closing statements