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Ryan Taylor. He\\u2019s currently the CEO of the Dash Core Team. Dash is an innovative digital currency that offers a number of improvements over bitcoin. Ryan is an expert in the payments industry with over 15 years of experience in financial services and technology.

Famous Five:

• Favorite Book? \\u2013 Mastering Bitcoin
• What CEO do you follow? \\u2013 Jack Welch
• Favorite online tool? \\u2014 BitInfoCharts
• How many hours of sleep do you get?\\u2014 5
• If you could let your 20-year old self, know one thing, what would it be? \\u2013 \\u201cDon\\u2019t worry about what everyone else has to say, follow what you really want to do\\u201d

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Time Stamped Show Notes:

• 01:41 \\u2013 Nathan introduces Ryan to the show
• 02:21 \\u2013 Dash is based on the bitcoin code base and operates with the same level of security
• 02:28 \\u2013 Dash has improved in 3 areas:
  • 02:31 \\u2013 First is governance that allows people to vote on changes
  • 02:49 \\u2013 Second area is that it\\u2019s self-funded
    • 03:14 \\u2013 Dash has incentives for people to contribute to the network
    • 03:25 \\u2013 Dash received its own funding from the network itself to operate
    • 03:44 \\u2013 There are masternode owners in Dash
  • 05:48 \\u2013 Team size is 50
    • 05:55 \\u2013 Dash currently has 15 open positions
  • 06:44 \\u2013 Dash has a more sophisticated economic system than the early coins
  • 07:00 \\u2013 Getting donations for funds is what is primarily happening in the bitcoin world
    • 07:46 \\u2013 Alot of them are ICOs that don\\u2019t have an ongoing source of revenue to sustain themselves
  • 08:15 \\u2013 Ryan\\u2019s opinion on Civic\\u2019s model
  • 09:00 \\u2013 Dash currently has 4500-4600 masternodes, which is a marketplace
  • 09:39 \\u2013 An owner can own more than 1 masternode
    • 09:52 \\u2013 There\\u2019s no way to know the number of masternode owners
  • 11:22 \\u2013 The outcome of a vote
    • 11:30 \\u2013 There are people who don\\u2019t vote, but there\\u2019s a minimum threshold
  • 12:30 \\u2013 Utility-wise, Dash is aiming to create a world-class payment system
    • 12:39 \\u2013 Some tokens are focused on smart contracts while Dash focuses on the payment
    • 13:05 \\u2013 Dash is launching their landmark product next year called Evolution
    • 13:42 \\u2013 Dash is aiming to make payments as convenient and secure as possible
  • 14:31 \\u2013 The treasury is where they allocate transaction fees and block rewards that all cryptocurrency collect
    • 14:55 \\u2013 With Dash, 45% goes to miners, 45% to infrastructure or masternode owners and 10% is set aside to the treasury
    • 15:33 \\u2013 The treasury pot currently has $1.2M and the network is extremely well-funded
    • 16:20 \\u2013 Dash incentivises each component of the network for it to remain functional
  • 16:44 \\u2013 Dash has integrations that they\\u2019ve funded
    • 17:00 \\u2013 Charlie Shrem just gave them a proposal to create a US debit card
    • 17:14 \\u2013 Dash has worked with Alt36
    • 17:36 \\u2013 Dash has funded cards
  • 18:00 \\u2013 Dash\\u2019s miner plus masternode combo allows things to be done instantly
  • 19:42 \\u2013 Ryan left his job at a multi-million dollar hedge fund to start Dash
    • 19:50 \\u2013 Ryan believes that there\\u2019s monetary and non-monetary rewards at stake with Dash
    • 20:10 \\u2013 Dash has the potential to bring cryptocurrency to a whole new audience
    • 20:30 \\u2013 Most of those involved have put their own stake into the network
  • 21:29 \\u2013 \\u201cMy incentives are perfectly aligned with the network, the way it should be\\u201d
  • 22:18 \\u2013 The Famous Five

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3 Key Points:

1. A blockchain company that uses its own network to fund itself remains self-sustaining and self-functioning.
2. Most ICOs rely on donations for funds, which can be unstable.
3. Ignore the noise\\u2014do what YOU want to do.

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Resources Mentioned:

• Simplero \\u2013 The easiest way to launch your own membership course like the big influencers do but at 1/10th the cost.
• The Top Inbox \\u2013 The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences
• GetLatka - Database of all B2B SaaS companies who have been on my show including their revenue, CAC, churn, ARPU and more
• Klipfolio \\u2013 Track your business performance across all departments for FREE
• Hotjar \\u2013 Nathan uses Hotjar to track what you\\u2019re doing on this site. He gets a video of each user visit like where they clicked and scrolled to make the site a better experience
• Acuity Scheduling \\u2013 Nathan uses Acuity to schedule his podcast interviews and appointments
• Host Gator\\u2013 The site Nathan uses to buy his domain names and hosting for the cheapest price possible
• Audible\\u2013 Nathan uses Audible when he\\u2019s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books
• Show Notes provided by Mallard Creatives