9/15/23: Have You Fallen for These Crypto Myths?
Today we're joined by Lee Bratcher, the president of the North American Blockchain Council, to debunk some of the biggest myths and misconceptions surrounding cryptocurrencies. We also explore insights on staking and the regulatory risks that come with it. We dissect the role of the Texas Blockchain Council in shaping policy and regulation for this emerging technology, and how exchanges are navigating their new responsibilities. Finally, we immerse ourselves in the debate between CBDCs and stablecoins, and look at the implications of the Bank of International Settlements' prediction that all central banks will offer digital currency versions of their fiat by the end of the decade.
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Show Notes
WATCH THE VIDEO OF THIS PODCAST HERE: https://www.thetayf.com/pages/multimedia?wchannelid=c4ogwxwvtw&wmediaid=t95w5mk5ym
Are you ready to debunk some of the biggest myths and misconceptions surrounding cryptocurrencies? Today we're joined by Lee Bratcher, the president of the North American Blockchain Council, to dissect these myths. We also delve into the debate surrounding Bitcoin and central bank digital currencies, discussing how they aren’t the same and why one won’t render the other obsolete.
As we dive deeper, Lee shares his insights on staking and the regulatory risks that come with it. We explore the role of the Texas Blockchain Council in shaping policy and regulation for this emerging technology, and how exchanges are navigating their new responsibilities.
Finally, we immerse ourselves in the debate between CBDCs and stablecoins, with a focus on Texas' strong opposition to the introduction of CBDCs. We also look at the implications of the Bank of International Settlements' prediction that all central banks will offer digital currency versions of their fiat by the end of the decade.
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Links from today's show:
MiCA, the Markets in Crypto Assets Regulation Law: https://www.esma.europa.eu/esmas-activities/digital-finance-and-innovation/markets-crypto-assets-regulation-mica
Global X Blockchain and Bitcoin Strategy ETF (Symbol: BITS): https://www.globalxetfs.com/funds/bits/
Digital Assets Council of Financial Professionals: http://www.dacfp.com/
VISION 2023: https://dacfp.com/vision-2023/
Texas Blockchain Council: https://texasblockchaincouncil.org/
US Blockchain Coalition: https://www.blockcoalition.org/
Texas Blockchain Summit: https://www.northamericanblockchainsummit.com/
The Truth About Crypto: https://www.amazon.com/Truth-About-Crypto-Easy-Understand/dp/1668002329/
Self-Care with Jean Edelman: http://www.selfcarewithjean.com/
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