'BlackRock's Larry Fink Is Right': Nazarov on Financial System's Massive Transition

In an enlightening interview, Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, speaks with Sergey Nazarov, Co-Founder of Chainlink, about the future of financial systems and blockchain technology. Nazarov asserts that all transactions will eventually move to the blockchain, emphasizing its significance as comparable to the Internet. He highlights the vast potential of the on-chain asset market, valued in the hundreds of trillions of dollars. The discussion covers the future of tokenization, the transformative power of smart contracts, and the role of decentralized finance (DeFi) in revolutionizing traditional financial systems. Additionally, Nazarov shares his insights on Ether spot ETFs and provides a forecast for the cryptocurrency space over the next three years. Tune in for a comprehensive exploration of blockchain's impact on the financial world. Special coverage of Consensus is brought to you by *Diamond Standard* → https://bit.ly/DiamondStandardKitco.

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#blockchain #crypto #tokenization #rwa #investing

00:00 Introduction: Blockchain
03:04 Understanding Chainlink
04:31 The Power of Smart Contracts
07:09 Tokenization Explained
13:38 Ownership in the Blockchain Era
19:07 Winners and Losers
33:24 Regulatory Frameworks and Adoption
34:58 Investment Strategies for Retail Investors
36:49 Political Influence on Crypto Regulation
40:28 Spot Crypto ETFs
42:52 Macro Forces
48:02 Central Banks
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