Brandon Iles’ Journey from Creating the 1st Bitcoin Android Wallet to Launching Ampleforth
1st Bitcoin Android Wallet Creeator Brandon Iles, Cofounder of Ampleforth, joins Charlie Shrem on today’s episode of Untold Stories.In 2011 Brandon Iles launched the first Bitcoin Android Wallet and today joins Charlie to discuss why Brandon initially chose working in machine learning at Google and Uber over Bitcoin, what brought him back to crypto, decentralized monetary policy, economic experimentation, internet rights, open finance, how Ampleforth works, its elastic supply and oracles, long term goals and use cases.–––Bitpay CardThe all new Bitpay card is chalked full of new features. It has contactless pay, a new EMV chip, added in-app security where users can lock their card anytime, and so much more. Unlike other cards, reloading has no conversion fees & you can load your card whenever you want to. Download the latest version of the BitPay App and click the card icon to get to the new card offer.–––This podcast is powered by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at https://blockworksgroup.io
Elastic Supply Money - Brandon Iles, Co-Founder of Ampleforth
End of the Chain
About this episodeBrandon is the Co-Founder of Ampleforth, an elastic supply money, which adjusts supply if price moves outside of a target band. In a market filled with crypto variants, Ampleforth separates itself from the rest with its novel supply mechanism. New seniorage is distributed equally amongst holders, like a stock split. Brandon also worked at Google Search and so we jumped into his experiences there and how the company is leading the way in Total Information Awareness. Brandon's LinksLinkedinCrunchbaseAngelistGithubShow Transcription NotesWhere to find the showiTunes | Spotify | Stitcher | Youtube | RSS FeedWhat to listen forWhat the economic structure of Ampleforth is and how it differs from Bitcoin.Why Ampleforth is the smallest change to Bitcoin that is economically interesting.Why the Ample has a price target and how that affects supply. Why Amples will be volatile for a long time until mass usage comes about. Why Ampleforth has volatility of both price and supplyHow Ampleforth changes the game slightly of asset accumulation. Why Bitcoin has no value and cannot be captured by any existing financial models. Why Ampleforth had to adjust the smoothing parameter to increase the speed price returns to the target price band. Why the creation of new Amples is akin to a stock split. How Ampleforth can adjust the global supply of Amples without heavy gas costs. Why Ampleforth is not in the business of creating Layer 1 blockchains and are chain agnostic. How Uniswap interacts with Ampleforth and why it's different than any other smart contract interaction. How Brandon and Evan met in 2014 and started Ampleforth. Reference MaterialTotal Information AwarenessSUPPORT THE SHOWIf you like End of the Chain you can help support the show by doing one of the following:Make a Tip - Send me an email after so I can mention you on the show.Bitcoin: USE THIS LINK FOR ADDRESS REUSEEthereum: 0xDAb148614f22dDa800cF006Be7932eeEB75AC644Leave a Review on iTunesShare an episode with family and friendsFollow me on Twitter | YoutubeIf you are interested in sponsoring the show please send me an email.