EPISODE 14: Bitcoin is too Big to be Banned with Alex Aldeman
In BlockSpeak 14, Alex Adelman, the CEO of Lolli is an upbeat guest who has been travelling across the US during Covid-19 during lockdown, but who seems healthy and happy as he talks about his love for Bitcoin and all things crypto.
He’s the CEO and Co-Founder of Lolli, after previously being the CEO and Co-Founder of Cosmic (acquired by PopSugar, then Ebates).
Lolli is a rewards application that gives you bitcoin when people shop at their favourite stores and in this interview, he gives an overview of this product and does so in very engaging and excited fashion.
He was born in Charlotte, North Carolina and currently resides in New York, New York (when not travelling). He graduated from UNC-Chapel Hill with a degree in Economics.
Edelman is very bullish about Bitcoin and has some strong opinions about its future price and it struggles to break out above $10,000. He pulls no punches when talking about its potential and why there has to be something alternative to the flawed financial systems as we know them.
In a time of Covid-19 when trillions of dollars are being introduced into the US economy, Adelman finds it surprising, if not infuriating, that mass adoption of Bitcoin and cryptocurrencies hasn’t happened earlier.
That may be so, but no existing system is going to allow itself to be easily decimated by a newcomer and Adelman believe there will be many battles in store, but Bitcoin will eventually prevail.
When it comes to prospects of cryptocurrencies being banned, Adelman is derisive about such an outcome, laying down in clear terms why this is never going to happen and why anybody trying to do so will fail.
For those in the crypto and blockchain world, many will hope that he is right, but, as usual, time will tell.
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