{"id":34,"date":"2021-02-27T22:10:05","date_gmt":"2021-02-27T22:10:05","guid":{"rendered":"https:\/\/cryptoheretostay.com\/2021\/02\/27\/6-questions-for-kain-warwick-of-synthetix-cointelegraph-magazine\/"},"modified":"2021-02-27T22:10:36","modified_gmt":"2021-02-27T22:10:36","slug":"6-questions-for-kain-warwick-of-synthetix-cointelegraph-magazine","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=34","title":{"rendered":"6 Questions for Kain Warwick of Synthetix"},"content":{"rendered":"<script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script>\n<p style=\"text-align: center;\"><em>We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry\u2026 and we throw in a few random zingers to keep them on their toes!<\/em><\/p>\n<p>This week, our 6 Questions go to Kain Warwick, the founder of Synthetix.<\/p>\n<p>Kain Warwick is the founder of Synthetix, a derivatives liquidity protocol on Ethereum. Synthetix has processed billions of dollars in trading volume. Warwick previously founded Blueshyft, Australia\u2019s largest cryptocurrency payment gateway.&nbsp;<\/p>\n<p><strong>1 \u2014 What\u2019s a problem you think blockchain has a chance to solve but that hasn\u2019t been attempted yet?<br \/>\n<\/strong><\/p>\n<p>I might just still be a 2017 idiot here, but I still feel equity settlement, having a decentralized ledger for equity settlement, is a sensible thing that will happen. But it can\u2019t happen until regulators are comfortable with it happening, etc. The efficiencies it will add are just too obvious to be avoided. There are certain things that come with that, that mean it\u2019s gonna take a while before we see that. There have been weird little experiments, but I think a large-scale transition to something like that is still a ways away. But it will be hugely impactful when it happens.<\/p>\n<p><strong>2 \u2014 <\/strong><strong>Which is sillier: $500,000 Bitcoin or $0 Bitcoin? Why?<\/strong><\/p>\n<p>$0 Bitcoin. There is just zero chance \u2014 it\u2019s literally impossible for Bitcoin to go to zero. There is not a market where someone would not have a buy price for every Bitcoin above zero. It\u2019s just functionally impossible. Whatever the canonical Bitcoin is, even if it\u2019s not the one that it is right now \u2014 that specific chain or whatever \u2014 it has a price above zero. There\u2019s always a market for something, there\u2019s always a buyer of last resort for something, and Bitcoin has way more buyers of last resort \u2014 it\u2019s never going to zero.<\/p>\n<p><strong>3 \u2014 <\/strong><strong>What should we be teaching our kids?<\/strong><\/p>\n<p>I think we should teach our children to not blindly accept authority, which is a hard thing to do because there are so many things in children\u2019s lives that are structured and controlled that they don\u2019t have control over. And so, to teach them to be respectful of certain things while also being mindful that they should be questioned is a delicate balance to strike.<\/p>\n<p>4 \u2014 <strong>What\u2019s the silliest conspiracy theory out there\u2026 and which one makes you pause for a moment?<\/strong><\/p>\n<p>Probably the silliest conspiracy theory is the Bill Gates microchip vaccine theory, and probably the one that gives me pause for a moment is the Elon Musk microchip conspiracy theory.<\/p>\n<p><strong>5 \u2014 <\/strong><strong>Which people do you find most inspiring, most interesting and most fun in this space?<\/strong><\/p>\n<p>I feel like Andre Cronje is an easy and obvious one. You never know what the fuck he\u2019s going to be doing. Larry Cermak\u2019s good, Anthony Sassano is good, Mariano Conti is good, he\u2019s always high value. Obviously, G (DegenSpartan) is always good.<\/p>\n<p><strong>6 \u2014 <\/strong><strong>What talent do you lack and wish you had? How would you use it if you had it?<\/strong><\/p>\n<p>I lack the talent to draw things, and I would be starting my own NFT project if I had the ability to draw.<\/p>\n<p><strong>&nbsp;<\/strong><\/p>\n<script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script>\n<p><a href=\"https:\/\/cointelegraph.com\/magazine\/2021\/02\/27\/6-questions-for-kain-warwick-of-synthetix\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry\u2026 and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Kain Warwick, the founder of Synthetix. Kain Warwick is the founder of Synthetix, a derivatives liquidity protocol on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[3],"tags":[],"class_list":["post-34","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/34","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34"}],"version-history":[{"count":2,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/34\/revisions"}],"predecessor-version":[{"id":37,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/34\/revisions\/37"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/35"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}