Building Payment Technologies | Jed McCaleb | Pomp Podcast #450
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This is an episode of The Pomp Podcast with host Anthony “Pomp” Pompliano and guest, Jed McCaleb, the co-founder and the CTO of Stellar. Prior to co-founding Stellar, McCaleb founded and served as the CTO of the company Ripple until 2013. McCaleb is also known for creating the infamous Mt. Gox.
In this conversation, we discuss payment technologies, how Stellar works, the STABLE Act, financial inclusion, and the future of money.
Pomp writes a daily letter to over 50,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language while sharing opinions on various aspects of each industry. You can subscribe at /
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00:00 – Intro
00:21 – Jed’s background
01:03 – First encounter with bitcoin
01:47 – Origin of Mt.Gox
02:44 – Early expectations of bitcoin
04:17 – Selling Mt.Gox
06:14 – Stellar 101
10:37 – How successful is Stellar?
12:27 – Competing with other cryptocurrencies
13:55 – The future of crypto adoption
15:43 – How financial industry will react to crypto
17:51 – Thoughts on other cryptocurrencies
19:29 – STABLE act
21:52 – Financial inclusion and crypto
24:01 – Will crypto and traditional finance coexist?
25:51 – What Stellar is focused on
28:11 – Favorite book
29:11 – Aliens
30:10 – Question for Pomp