Michael Bentley (Euler) on Modular Lending (EP.552)
Episode publishedPodcast: On The Brink with Castle Islan...On The Brink with Castle Island
Transcript preview
Preview only
Wyatt: This is Wyatt from Castle Island Ventures. And today on the podcast, I was joined by Michael Bentley, founder of Oiler. Oiler is a decentralized crypto lending and borrowing application and a portfolio company of Castle Island. It was a pleasure sitting down with Michael, and I hope you enjoyed this episode.
Matt: Matt Walsh and Nick Carter are partners at Castle Island Ventures. All of these expressed by them or the guests on this podcast are solely their opinions and do not reflect the opinions of Castle Island Ventures. Guests and those may maintain positions in the assets discussed in this podcast. You should not treat any opinion expressed by anyone on this podcast as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of their personal opinion. This podcast is for informational purposes only.
Wyatt: Brought down by Bad Mortgage Investments, Lehman, which has 25,000 employees, will be liquidated.
Michael: The federal government loans American International Group, AIG, $85,000,000,000.
Wyatt: This is a different kind of market and the That is a fluke.
Michael: The federal government is stepping it to stabilize Fannie Mae and Freddie Mac, the 2 mortgage giants that have been threatened by the housing crisis. The Bank of England has pumped £75,000,000,000 more into Britain's ailing economy, and the new round of quantitative easing. You print a couple $1,000,000,000,000 and all of a sudden people start to worry. So out of this worry, we have something called the Bitcoin. Bitcoin.
Wyatt: Well, Michael, thank you for joining us on the podcast today. This is Wyatt joined by Michael Bentley, founder of Oiler. Like I said, it's a pleasure to have you on. I think we can get straight into it. Be great if you could give a quick background about yourself and then how you got into crypto and building a crypto company.
Michael: Well, first, thank you very much for having me on. It's great to be here. A little bit about me. I started OILO back in 2020 in midst of the pandemic. But prior to that, I used to be a research scientist at the University of Oxford.
I used to do mathematical research, mainly into biological populations and how they change through time. So there's a little bit of game theory and what's called dynamical systems. So it was all very nerdy stuff. And actually, really, I was introduced to crypto back in 2015, and I started as a bit of a skeptic. Someone told me about Ethereum, and it just didn't really click for me.
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.