In this video Erik sets out his perspective on the crypto markets, Ethereum and the development of his latest venture ShapeShift. ShapeShift uses smart contracts on the Ethereum platform to facilitate seamless transfer of one asset to another. In their first month of operation they did USD 50k/mth, they now do over USD 500m/month.
He has a great way of explaining what is happening at a high level, the headline of this blog is inspired from his conceptualisation of how he views the disruption to the financial services industry.