Lark Davis, better on as The Crypto Lark is a Content creator, Youtuber and a influencer. He is New Zealand’s most popular crypto personality. He grew up on a small organic homestead, reading and dreaming of space travel and pretending to be Indiana Jones. Known for his fun and articulate, entertaining style, Lark combines his political science background, critical thinking skills and bright sense of humor to produce content that explores blockchain solutions for the corrupted world.
Interview Date :15th April 2020
People I admire inside and outside of Youtube
It is interesting because I don’t watch many cryptocurrency youtube videos. It may sound kind of funny because I do it myself, but I don’t watch them partially for the reason that I don’t want to get influenced by other people’s contents, I want my ideas to be fresh and kind of coming from me. There are a lot of guys that I do respect and that makes fantastic content like Crypto Zombie, Carl from The Moon, Nugget’s News. These all are great channels with fantastic information. They all have their unique way of presenting information and news while encouraging their communities.
Outside of Youtube, I do look up to the classical investor types. People like Ray Dalio, Tony Robbins are real inspirations to me as they are people kind of get that big picture. Sometimes they don’t do Bitcoin like Ray Dalio for example. He is a very famous investor and I have a lot of respect for him as an investor, but he is not into Bitcoin. He doesn’t have anything against it, but he is not in it either, but that’s OK. On the other end, we have other people like Tony Robbins who is into Bitcoin. Gary Vaynerchuk has also been an inspiration for me in terms of building my content and my channel, and he is also into Bitcoin which is cool.
Price Speculation
The viewers from the crypto community on youtube are most likely there mainly for the price and price volatility, but not necessarily for the technology behind it. Certainly, there are a lot of people who are focused on the speculation of the price, and they want to know if the price is going to go up or down. That is a major focus for many channels and for a lot of people who are watching the content. Nevertheless, there are a lot of people who are also interested in the bigger picture like industry news, conversations about technology, etc. but the reality that we need to face as a cryptocurrency community is that most people are here for speculation and not for the technology. The speculators might stay around for the technology, but they did not come for the financial revolution. Many of them come to trade Bitcoin, they see it as an asset that can be very volatile, provide a lot of gains and that is what the speculators are here for.
Value and Relevance for the Community
The most important thing for me is to provide value for my community. I think that is the number 1 thing that I focus on. I constantly think of how I can give unique insights and value to people. I think people like Crypto Zombie or Carl from The Moon have also got great price analysis videos and people are excited to see those videos. I do price analysis videos too, but it’s not the main bulk of my content. However, people are excited to know what’s happened to the price of Bitcoin, why, and what will be next. So there is a lot of excitement.
2017 was crazy, but it’s funny because when I look back, sometimes I think “that was terrible content that I did back then”. I did not have a good microphone, videos, and cameras. I hope the videos were useful for a lot of people though. You just have to stay there throughout the market; bear market or bull market. As a content creator, I know some content creators who just disappear during bear markets and they come back when the bull markets are back. However, I think it’s important to be there for the community for the people who allow me to be able to do what I do. I want to be there for them when times are tough. When we see the markets going down, and many become very anxious. I want to provide emotional support and let people know that I still care, I still want to be here even if things are happening or the price is down. I still deliver that value and content to the people.
Inspiration for my Crypto Videos
The inspiration for making any given video is that I want to obtain relevance; what’s going on in the markets. At the same time, I want to talk about what I am interested in and excited about as a content creator while giving value to the audience. Recently, I made a video about Ethereum and the future of Ethereum. I went over things like “ Can Ethereum ever have a 3 trillion dollar market cap” etc. It is really fun to make these speculative videos sometimes. Those kinds of videos allow me to go back over the reasons and to refresh myself. Moreover, it also becomes a space for people who may not have the time to research like I can spend time and put all the pieces together to give the people the content and perspective on things. It is a bit of “keeping-up-to-date” with the news. My research and my views on what goes in the news are also included. Furthermore, I also include what I think is relevant to the audience and what will give value to people listening.
How I decide what is important is what I really think is relevant, and what is going to make an impact in terms of the effect in the market or the technology. You might see all kinds of news stories in the news or on the internet. for example something like “a little partnership deal“ or “somebody hired somebody” “this investor invested here” that stuff isn’t really important. I mean it may be important to somebody, but for most people watching I don’t think that it would appeal to them as important. If I am sitting down watching a video, what would I want to hear about? what do I think would be something that is important and that I need to know about; macro picture on politics, new technological development, talking to industry leaders and other content creators, sharing opinions and ideas, and having that type of back-and-forth discussion with people is part of it. In terms of differentiating myself from other content creators, my focus is a little bit more on the macro-political picture, understanding the work of the economical system and looking at that why all of this is so important anyway, why cryptocurrencies even matters, and of course trying to have some fun is always good too.
Another Potential Massive Dip in Price
What could cause another massive dip in the price of Bitcoin is the fact that the corona crisis is not finished, and there is a possibility that another pandemic or natural crisis could occur. The current pandemic crisis could get much worse moving forward as well. We haven’t seen the full extent of the effects of this crisis and if this crisis does get significantly worse, then we could see the markets for Bitcoin go much lower.
This is due to Bitcoin tracking very closely with the stock markets; if the stock markets are going down with a wider economic downturn for the global economy, Bitcoin is likely to follow. Now, we don’t want Bitcoin to break away in economic sanity but we have seen a strong correlation between those two. We will have to wait and see but if the big market goes down again, that could be another chance for Bitcoin going down as well to buy Bitcoin on the cheap.
BIS proposing a ban on Stable Coins
Another thing that could potentially cause a dip is an announcement that came out on April 14th from the Bank of International Settlements (BIS). The BIS is proposing banning of stable coins, so that Tether, USDC, all other different stable coins could potentially be banned. Stable coins are threatening the dollar because it is allowing people to transact freely without the intermediary of the banks. So the stable coins have shaken up the tree.
In the same way that BIS didn’t want to see Facebook’s Libra project go forward, stable coins are a similar threat but a much less controllable. In Libra’s case, they can call Mark Zuckerberg for a trial and tell him “you can’t do that”. However stable coins such as MakerDAO’s DAI which are decentralized, it is really hard for them to stop them, and so banning stable coins, enabling cryptocurrency exchanges to use it or trade with it, could be a very effective way to stop it. This could end up with people being arrested, bank accounts could be seized and frozen. Stable coins remain quite subtle to that kind of risk, but as of yet, it is far from certain if that will happen. It is only a recommendation by the world’s biggest economies at this point and the final idea might be different, but the fact is that it has been proposed and it can cause a very deep dip in price if stable coins are indeed banned. Right now, stable coins make up around half of the daily volume of cryptocurrency, so we can see a massive volume drop if this happens. Let’s hope that they don’t end up banning stable coins.
The Crypto Lark : YouTube Channel
Cryptocurrency Explained Beginner Course
Interviewer , Editor : Lina Kamada
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The Article published on this our Homepage are only for the purpose of providing information. This is not intended as a solicitation for cryptocurrency trading. Also, this article is the author’s personal opinions, and this does not represent opinion for the Company BTCBOX co.,Ltd.