Episode 16

Elder Tech and More, Part 1

April 30th, 2019

26 mins 48 secs

Season 1

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About this Episode

Kai Stinchcombe, founder and CEO of True Link Financial, joins us to discuss elder tech, blockchain and surviving in Silicon Valley. He came to our attention because of the focus of True Link--mainly helping older adults remain independent while protecting them from scams, then people with special needs, and those recovering from addiction. We had a great, wide-ranging discussion, covered (or uncovered) stupid venture capitalists, and might have dissed companies and VCs that are chasing millennials.

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Cover and header image from 123rf, public domain.

Episode Links

  • True Link Financial — Families turn to True Link to help navigate life’s challenges wit pPayment cards, investment management, and other financial services for older adults, people with disabilities, and people recovering from addiction.
  • Retiree robo shuns app, still lands $8M funding — A fintech startup with no mobile app does a fundraising round. It secures $8 million. How is that even possible?
  • Blockchain is not only crappy technology but a bad vision for the future — Blockchain is not only crappy technology but a bad vision for the future. Its failure to achieve adoption to date is because systems built on trust, norms, and institutions inherently function better than the type of no-need-for-trusted-parties systems blockchain envisions. That’s permanent: no matter how much blockchain improves it is still headed in the wrong direction.
  • Ten years in, nobody has come up with a use for blockchain — Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless effort and billions of dollars invested, nobody has actually come up with a use for the blockchain—besides currency speculation and illegal transactions.