RHS 115 - Jonathan Libby on Smart DeFI Insurance
b"In this episode of The Ryan Hanley Show, Ryan Hanley is joined by Jonathan Libby, founder of Steady State Finance, the smart Defi insurance company. Listen for an absolute nerd session on all things crypto, blockchain, decentralized finance (DeFi) and what the future holds for insurance.\\n\\nEpisode Highlights:\\n\\nJonathan explains what decentralized finance means. (5:06)\\n\\n\\nJonathan tells listeners what the role of DeFi will be in the future. (9:00)\\n\\n\\nJonathan explains how decentralized exchange effects the ecosystem. (13:16)\\n\\n\\nHow difficult is it to make changes within the Bitcoin community? (18:30)\\n\\n\\nJonathan details how to disrupt insurance and implement new concepts. (22:31)\\n\\n\\nJonathan gives listeners insight on how Steady State Finance operates. (26:46)\\n\\n\\nWhat\\u2019s the process, if a consumer wants to be part of this? (32:49)\\n\\n\\nJonathan gives an example of what Steady State Finance can offer. (33:45)\\n\\n\\nHow did Jonathan get into this space? (36:16)\\n\\n\\nJonathan walks listeners through how he put several concepts together to build something significant. (38:22)\\n\\n\\n\\nKey Quotes:\\n\\n\\u201cI think in cryptocurrency... universal basic income, is for the first time is even actually possible, in a way that you can actually feasibly work, where people can all have a standard of life without sacrificing individual liberties.\\u201d - Jonathan Libby\\n\\n\\u201cWe're almost building a model that prioritizes reinsurance. We move from reinsurance to actually sharing the protocols ourselves as they keep developing. And by us, I mean a deep centralized community, not run by me not run by anyone you know, directly...But, by the people.\\u201d - Jonathan Libby\\n\\n\\u201cMy thought was...let's apply this. I'm like, this is the future. So, I started looking...How do I put together a bunch of concepts together and build something? Eventually, I met a very well known figure in the space, named Tim frost, from Yield app, and Yield app contracted me to build an insurance solution for them, and how to insure their portfolio to defy risk.\\u201d - Jonathan Libby\\n\\n\\nResources Mentioned:\\n\\nJonathan Libby LinkedIn\\n\\nSteady State Finance\\n\\nReach out to Ryan Hanley\\n\\n\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"