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Rob Frasca is a lead at NDAU, a blockchain project focused on cryptocurrency as a long-term store of value.
He discusses the project's technical features including its buoyancy properties and Proof of Stake model, as well as potential applications in central bank digital currencies.
1Interview
2021First on the show
Jul 2021Latest appearance
19 minOn camera
18:44
Latest interview · Jul 11, 2021Rob Frasca on NDAU as a long term store of valueWatch the episode →
Key points
- NDAU is designed as an adaptive long-term store of value with demand-driven supply and monetary policy that adjusts to market conditions, differentiating it from Bitcoin's fixed supply model.
- The cryptocurrency market is transitioning from early adopter to early majority phase, requiring solutions that appeal to mainstream users rather than just technology enthusiasts.
- NDAU uses proof of stake instead of proof of work, allowing holders to earn yield on their holdings while participating in network security.
- Stable coins pegged to fiat currencies like the dollar fail as long-term stores of value because they inherit the devaluation risks of the underlying fiat currency.
- Network-based currencies should grow exponentially as their networks expand, requiring adaptive monetary policies to manage volatility while preserving growth potential.
In their own words
“Cash is trash, in my opinion. It's being devalued.”
“Blockchain is going to create more value than the internet itself, because it's essentially the decentralized value layer on the internet.”
