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1,152 episodes — Page 19 of 24

Ep 241Unconfirmed: Rep. Tom Emmer, One of the Most Active Crypto Congress Members, on Taxes and DeFi - Ep.241

House Representative Tom Emmer, of Minnesota, is one of the most active voice for crypto and blockchain in the US government. In this episode, he discusses: what book made Tom fall down the crypto rabbit hole why Tom believes the Financial Accounting Standards Board needs to set clear accounting standards for cryptocurrencies why the current way of accounting for Bitcoin on balance sheets may be a detriment to companies in the future how he feels about the acting head of the OCC putting together a “sprint team” of federal regulators to establish overarching crypto standards why he is fighting to change tax rules for forked coins what problems the Eliminate Barriers to Innovation Act might solve why he is so passionate about the Securities Clarity Act, which would explicitly separate digital tokens from securities how DeFi should be regulated and why he is not a fan of FATF’s recently proposed guidance Tom’s prediction for when these bills may actually become law Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 Tezos: https://tezos.com/discover?utm_source=laura-shin&utm_medium=podcast-sponsorship-unconfirmed&utm_campaign=tezos-campaign&utm_content=hero NEAR: https://near.org Episode Links Tom Emmer Twitter: https://twitter.com/RepTomEmmer Website: https://emmer.house.gov/ Documents Mentioned FASB letter https://emmer.house.gov/2021/5/emmer-urges-fasb-to-issue-clear-accounting-standards-for-virtual-currencies Eliminate Barriers to Innovation Act https://www.forbes.com/sites/jasonbrett/2021/04/22/us-house-passes-bill-to-create-first-crypto-task-force-on-digital-assets/ Safe Harbor for Taxpayers with Forked Assets Act https://emmer.house.gov/2021/5/emmer-introduces-legislation-to-protect-taxpayers-with-digital-assets-pending-further-irs-guidance Securities Clarity Act https://emmer.house.gov/2020/9/emmer-introduces-legislation-to-provide-clarity-for-digital-assets-under-securities-law Proposed FATF Guidance (quick breakdown) https://www.coincenter.org/a-quick-analysis-of-fatfs-2021-draft-cryptocurrency-guidance/ Miscellaneous Congressional Blockchain Caucus https://congressionalblockchaincaucus-schweikert.house.gov/members US Regulatory “sprint” https://decrypt.co/71975/us-agencies-sprint-align-on-bitcoin-regulations Michael Saylor episode https://unchainedpodcast.com/why-bitcoin-now-michael-saylor-on-the-best-way-for-companies-to-buy-bitcoin/ Age of Cryptocurrency https://www.amazon.com/The-Age-of-Cryptocurrency Learn more about your ad choices. Visit megaphone.fm/adchoices

May 28, 202138 min

Ep 240How Solana and Binance Smart Chain Could Take Ethereum's Lead - Ep.240

Kain Warwick, founder of Synthetix, and Kyle Samani, managing partner at Multicoin Capital, debate the merits of Ethereum, Solana, and Binance Smart Chain. In this episode, they discuss: why Ethereum is losing market share to Solana and BSC whether decentralization matters and at what point decentralization becomes redundant why they think Solana and Binance Smart Chain need to be taken seriously as competitors to EThereum whether BSC or Solana is the bigger long-term threat to Ethereum the biggest obstacle to Ethereum’s success (and it’s not gas fees) how Ethereum will navigate fragmented Layer 2 solutions Solana and its lack of developers what differentiates DeFi from CeFi why Solana has an edge on Ethereum in terms of composability how Ethereum will onboard new users why Kain is such an ardent backer of Ethereum why both Kyle and Kain think EIP 1559 and the potential for higher ETH prices is bad for Ethereum if Synthetix would ever consider launching a cross-chain product the viability of a multi-chain world why Kyle believes the future holds a winner-take-most blockchain ecosystem Thank you to our sponsors! E&Y: https://ey.com/globalblockchainsummit Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 Kyber Network: Dmm.exchange Episode Links People Kyle Samani Twitter: https://twitter.com/KyleSamani Multicoin Capital: https://multicoin.capital/ Kain Warwick Twitter: https://twitter.com/kaiynne Synthetix: https://synthetix.io/ Content Kain’s tweet that instigated this pod: https://twitter.com/kaiynne/status/1387266949302734852 Multicoin Blogs: New $100m fund focused on Solana https://multicoin.capital/2021/05/04/announcing-venture-fund-ii/ BNB Investment + valuation https://multicoin.capital/2019/02/19/binance-coin-analysis-and-valuation/ Investment in Solana https://multicoin.capital/2019/07/30/the-world-computer-should-be-logically-centralized/ Ethereum analysis https://multicoin.capital/2019/05/24/the-unbundling-of-ethereum/ Value Capture at Layers 1 and 2 https://multicoin.capital/2019/03/14/on-value-capture-at-layers-1-and-2/ Kain Warwick and Sam Bankman Fried podcast https://www.cryptonotes.org/2020/10/sbf-kain-blockcrunch-117/ Comparing AMMs on different blockchains https://www.coindesk.com/pancakeswap-uniswap-sushiswap-crypto-defi-exchange BSC and Solana NFT platforms https://www.theblockcrypto.com/post/102959/binance-is-launching-its-own-nft-marketplace-in-june https://www.coindesk.com/banksy-burners-raise-3m-to-build-nft-platform-on-solana Overview of Layer 2 solutions on Ethereum https://ethereum.org/en/developers/docs/scaling/layer-2-rollups/ Binance Smart Chain guide https://defiprime.com/binance-smart-chain Solana guide https://thedefiant.io/solana-defi-ecosystem-overview/ Learn more about your ad choices. Visit megaphone.fm/adchoices

May 25, 20211h 10m

Ep 239Unconfirmed: Mike Novogratz on the 5 Reasons the Crypto Markets Plummeted - Ep.239

Mike Novogratz, founder, CEO, and chairman of Galaxy Digital, digs into the drivers behind this week’s market selloff. Show highlights: the five factors Mike believes led to this week’s dip what Mike thinks about the environmental concerns surrounding Bitcoin how Ethereum will perform in 2021 whether centralized blockchains will survive regulatory scrutiny why Galaxy Digital made its $1 billion acquisition of BitGo what sort of projects Galaxy Digital is mulling in the DeFi space when Mike thinks a bitcoin ETF could be approved Mike’s 2021 bitcoin price prediction Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 Tezos: https://tezos.com/discover?utm_source=laura-shin&utm_medium=podcast-sponsorship-unconfirmed&utm_campaign=tezos-campaign&utm_content=hero NEAR: https://near.org Episode Links Mike Novogratz: https://twitter.com/novogratz Galaxy Digital: https://www.galaxydigital.io Recommend Reads: Galaxy Digital BitGo purchase https://www.coindesk.com/galaxy-digital-to-buy-bitgo-for-about-1-2-billion-in-stock-cash SEC skepticism regarding bitcoin ETF https://www.coindesk.com/sec-warns-mutual-fund-investors-of-bitcoin-futures-risks Galaxy Digital 2021 Q1 results https://www.coindesk.com/galaxy-digital-q1-aum-rose-58-net-comprehensive-income-more-than-doubles Galaxy Digital bitcoin ETF https://www.coindesk.com/galaxy-digital-files-for-us-bitcoin-etf Youtube energy consumption https://www.iea.org/commentaries/the-carbon-footprint-of-streaming-video-fact-checking-the-headlines https://thefactsource.com/how-much-electricity-does-youtube-use/ Dapper Labs lawsuit https://www.forbes.com/sites/andreatinianow/2021/05/17/no-slam-dunk-for-plaintiffs-in-nba-top-shot-moments-class-action-lawsuit/?sh=be89ec3df3da Learn more about your ad choices. Visit megaphone.fm/adchoices

May 21, 202140 min

Ep 238Bitcoin vs. the Petrodollar: Which Is More Environmentally Friendly? - Ep.238

Last week, Tesla announced they will no longer accept Bitcoin as payment for vehicles. In a timely episode, Alex Gladstein, chief strategy officer at the Human Rights Foundation, and James McGinniss, CEO and co-founder of David Energy, come onto the show to discuss Bitcoin, the petrodollar, and how to contextualize the energy usage of the first cryptocurrency (BTC) versus the leading fiat currency (USD). Show highlights: their backgrounds and how they became interested in the intersection of currency and energy usage why Alex and James really think Tesla stopped accepting BTC as payment why James thinks Bitcoin’s energy intensity is a “feature, not a bug” Alex on the history of the petrodollar and how the USD in recent decades has been tied to fossil fuel production comparing the carbon cost of a dollar to Bitcoin’s energy consumption what both James and Alex think of the Square and Ark Invest research paper saying renewable energy production could be tied with Bitcoin mining why measuring Bitcoin’s energy usage is difficult how Bitcoin mining in China is changing for the better how the Biden administration might impact Bitcoin where to find more information on Bitcoin and energy consumption Thank you to our sponsors! E&Y: https://ey.com/globalblockchainsummit Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 Kyber Network: Dmm.exchange Episode Links People: Alex Gladstein Twitter: https://twitter.com/gladstein Human Rights Foundation: https://hrf.org/ James McGinniss Twitter: https://twitter.com/James_McGinniss David Energy: https://www.davidenergy.com/ Recommended Reads: “Uncovering the Hidden Cost of the Petrodollar” by Alex Gladstein https://bitcoinmagazine.com/culture/the-hidden-costs-of-the-petrodollar “Think BTC is a Dirty Business? Consider the Carbon Cost of a Dollar” by Susan Su https://susanfsu.medium.com/think-btc-is-a-dirty-business-consider-the-carbon-cost-of-a-dollar-c38122fb55c5 “Bitcoin is Key to an Abundant, Clean Energy Future” by Square and Ark Invest https://assets.ctfassets.net/2d5q1td6cyxq/2D2BnksJjavw4a6SUvAPwZ/c42a9e3a520b0cc3b230cda3b43eead5/BCEI_White_Paper_.pdf Elisabeth Steyn thread on Tesla and energy credits https://twitter.com/Elisabeth_Steyn/status/1392799067986554880 “Tesla seeks entry into U.S. renewable fuel credit market” by Reuters https://www.reuters.com/business/sustainable-business/exclusive-tesla-seeks-entry-into-us-renewable-fuel-credit-market-sources-2021-05-12/ “Debt” by David Graeber https://www.amazon.com/Debt-First-5-000-Years/dp/1612191290 Others: Bitcoin energy consumption index https://digiconomist.net/bitcoin-energy-consumption/ Cambridge study on cryptoassets https://www.jbs.cam.ac.uk/wp-content/uploads/2021/01/2021-ccaf-3rd-global-cryptoasset-benchmarking-study.pdf Triffin Dilemma https://dailyreckoning.com/the-triffin-dilemma/ Alex Gladstein’s Recommended Follows: Nic Carter https://twitter.com/nic__carter Lyn Alden https://twitter.com/LynAldenContact Susan Su https://twitter.com/susanfsu Luke Gromen https://twitter.com/LukeGromen Michael Hudson https://twitter.com/michaelwhudson Learn more about your ad choices. Visit megaphone.fm/adchoices

May 18, 20211h 8m

Ep 237Unconfirmed: How Elon Musk Pushed DOGE Up and BTC Down, With Arca's Jeff Dorman - Ep.237

Jeff Dorman, the chief investment officer at Arca, comes on the show to give a macro perspective on the crypto environment. In this episode, he discusses: how economic data and real-world events have affected digital assets how Jeff classifies the different types of assets within crypto what market forces have pushed ETH to new all-time highs above $4k whether EIP 1559 will have the same effect on ether price as the Bitcoin halving has on BTC price what is happening with Dogecoin and other meme-coins why the market’s reaction to Tesla’s halt of BTC vehicle purchases was healthy whether environmental concerns surrounding Bitcoin will have long-term consequences on crypto as an asset class Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 Tezos: https://tezos.com/discover?utm_source=laura-shin&utm_medium=podcast-sponsorship-unconfirmed&utm_campaign=tezos-campaign&utm_content=hero NEAR: https://near.org Episode Links Jeff Dorman Twitter https://twitter.com/jdorman81 Arca https://www.ar.ca/ Blog post titled “How Economic Data Affects Digital Assets” https://www.ar.ca/blog/crypto-market-recap-05-10-21 Blog post titled “The Four Types of Digital Assets” https://www.ar.ca/blog/crypto-market-recap-06-29-20 Miscellaneous Links Dogecoin SNL clip https://www.youtube.com/watch?v=x5RCfQyTDFI SHIB token + dog meme-coins https://decrypt.co/70587/shiba-inu-shib-what-why-price-dogecoin https://www.theblockcrypto.com/post/104676/vitalik-buterin-donates-more-than-60m-to-charity-after-selling-meme-tokens-including-shiba-inu https://twitter.com/lawmaster/status/1392533724814876680/photo/1 Nic Carter on Bitcoin mining https://www.coindesk.com/the-last-word-on-bitcoins-energy-consumption Tesla’s announcement on halting BTC vehicle purchases https://twitter.com/elonmusk/status/1392602041025843203 Link to the Crypto News Recap: https://unchainedpodcast.com/why-an-elon-tweet-sent-bitcoin-below-50k/ Learn more about your ad choices. Visit megaphone.fm/adchoices

May 14, 202138 min

Ep 236Robinhood CEO Vlad Tenev and Paxos CEO Charles Cascarilla on How to Avoid Another GameStop - Ep.236

In this discussion I moderated for Paxos, Robinhood CEO Vlad Tenev and Paxos CEO Charles Cascarilla discuss GameStop, the broken traditional financial infrastructure, and how blockchain technology may change the future of settlements. Show highlights: why Robinhood stopped trading on GameStop and AMC stock earlier this year what both Charles and Vlad think the feasibility of T+0 settlements versus Citadel’s and the DTCC’s aim of T+1 settlements how the GameStop scenario would have been different in a T+0 environment what it would look like if certain markets used T+0 settlements while others still settled on T+1 why Robinhood decided to add crypto back in early 2018 how Robinhood’s crypto operations work on the back end why Robinhood does not allow users to move crypto off-platform whether securities trading or crypto will be a larger portion of both Paxos’ and Robinhood’s business model what Paxos and Robinhood have planned for the near future Thank you to our sponsors! E&Y: https://ey.com/globalblockchainsummit Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 Kyber Network: Dmm.exchange Episode Links: People: Charles Cascarilla Linkedin https://www.linkedin.com/in/charlescascarilla/ Coindesk Profile https://www.coindesk.com/charles-cascarilla-most-influential-2020 Previous interview with Laura https://unchainedpodcast.com/chad-cascarilla-on-paxoss-partnership-with-paypal/ Blog post on the GameStop saga https://www.paxos.com/what-lehman-brothers-gamestop-and-the-next-financial-crisis-have-in-common/ Vlad Tenev Twitter https://twitter.com/vladtenev CNN Article https://www.cnn.com/2021/02/01/investing/robinhood-gamestop-vlad-tenev/index.html Tweet Thread on T+2 https://twitter.com/vladtenev/status/1356687248746455041 Companies: Paxos Twitter https://twitter.com/PaxosGlobal Paxos Settlement Service https://www.paxos.com/securities/ https://www.reuters.com/article/us-crypto-currencies-paxos/paxos-to-launch-settlement-of-u-s-listed-equities-after-secs-no-action-letter-idUSKBN1X727M Wall Street Journal write-up https://www.wsj.com/articles/blockchain-makes-inroads-into-the-stock-markets-1-trillion-plumbing-system-11573131600 Robinhood Twitter https://twitter.com/RobinhoodApp Robinhood Crypto https://robinhood.com/us/en/about/crypto/ Public offering https://blog.robinhood.com/news/2021/3/23/robinhood-markets-inc-confidentially-submits-draft-registration-statement Miscellaneous Links Citadel on settlements https://www.theblockcrypto.com/post/95326/citadel-robinhood-shorter-settlements-congress DTCC on settlements https://www.dtcc.com/news/2021/february/24/dtcc-proposes-approach-to-shortening-us-settlement-cycle-to-t1-within-two-years Other: Caitlin Long Unchained episode: https://unchainedpodcast.com/caitlin-long-why-avanti-will-be-a-new-kind-of-crypto-bank/ Learn more about your ad choices. Visit megaphone.fm/adchoices

May 11, 202150 min

Ep 235Unconfirmed: Should NYC’s Pension Funds Invest in Crypto? This Comptroller Candidate Says Yes - Ep.235

Reshma Patel, a Democratic candidate for New York City’s Comptroller position, talks about her “future proof” plan for the city, which centers on investing in cryptocurrencies and blockchain technology. In this episode, she discusses: what duties the New York City Controller performs how Reshma thinks crypto and blockchain tech can help New York City, which she calls her “future proof” plan how a city comptroller would go about investing 1%-3% of the city’s pension funds into crypto what type of crypto investment vehicles would be appropriate for the city to invest in why Reshma became interested in crypto in the first place what sort of real-world issues blockchain technology could solve in NYC, particularly in its procurement system whether Reshma envisions an NYC blockchain solution for its procurement system being on a private or public blockchain how the Comptroller could influence the state of New York to make the BitLicense more accessible for entrepreneurs why NYC must compete in the blockchain/crypto space with Miami and Wyoming how crypto could help NYC recover post-COVID what comes next for Reshma’s campaign and why she is not allowed to receive crypto donations Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 Tezos: https://tezos.com/discover?utm_source=laura-shin&utm_medium=podcast-sponsorship-unconfirmed&utm_campaign=tezos-campaign&utm_content=hero NEAR: https://near.org Episode Links Reshma Patel Twitter: https://twitter.com/reshmapatelnyc?lang=en Blockchain campaign: https://www.reshma2021.com/blockchain CoinDesk profile: https://www.coindesk.com/city-comptroller-candidate-says-blockchain-is-in-new-yorks-future The Block article: https://www.theblockcrypto.com/post/102122/candidate-nyc-comptroller-crypto-blockchain Miscellaneous Links BitLicense https://ciphertrace.com/new-york-bitlicense/ https://www.coindesk.com/bitlicense-timeline Duties of NYC Comptroller https://comptroller.nyc.gov/about/duties-of-the-comptroller/ Link to the Crypto News Recap: https://unchainedpodcast.com/doge-up-13000-ytd/ Learn more about your ad choices. Visit megaphone.fm/adchoices

May 7, 202133 min

Ep 234Crypto's Gender Disparity: What Can Be Done About It? 4 Women Weigh In - Ep.234

Crypto sits at the intersection of two male-dominated industries: tech and finance. I was asked to moderate a panel for the Amber Group with four leading women in crypto to discuss the role of gender in the crypto industry and what can be done to bring more women into the space. Panelists include Mia Deng, partner at Dragonfly Capital; Amy Zhang, vice president of sales at Fireblocks; Alexis Gauba, cofounder at Opyn; and Annabelle Huang, partner at Amber Group. Show highlights: how each panelist got into crypto, what it is they do, and which company they work for why women have been somewhat reluctant to speak on crypto gender disparity in public what the main obstacles to bringing about better gender diversity in crypto whether the crypto space is harder to break into than traditional finance for women how gender issues in the U.S. are different than in Asia why more women have begun trading cryptocurrencies and how to increase that interest which crypto explanations are most effective for female friends why there are so few female crypto co-founders good hiring practices for bringing more women into the space advice for women trying to break into crypto Thank you to our sponsors! E&Y: https://ey.com/globalblockchainsummit Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 Kyber Network: Dmm.exchange Episode Links Panelists Mia Deng Crypto career cofounder at TR Lab ---- NFT Platform (2021) partner at Dragonfly Capital - https://medium.com/dragonfly-research Head of biz Development + Venture partner @ Amber Group - https://www.ambergroup.io/about Social link https://twitter.com/miagegedeng?lang=en Amy Zhang Crypto career vice president of sales at Fireblocks - https://www.fireblocks.com/ head of sales/investor relations at Diginex - https://www.diginex.com/ Social link https://www.linkedin.com/in/amyzwzhang/?originalSubdomain=hk Alexis Gauba Crypto career cofounder at Opyn - https://www.opyn.co/#/ cofounder at she256 - https://she256.org/ Social link https://twitter.com/AlexisGauba Annabelle Huang Crypto career partner at Amber Group - https://www.ambergroup.io/about founding member at KeeperDAO - https://twitter.com/Keeper_DAO risk lead at AirSwap - https://www.airswap.io/ Social Link https://twitter.com/_annabellehuang?lang=en Learn more about your ad choices. Visit megaphone.fm/adchoices

May 4, 20211h 4m

Ep 233Unconfirmed: How MetaMask Grew Its Monthly Active Users By 5X in the Last 6 Months - Ep.233

Dan Finlay, co-founder of MetaMask, talks about the meteoric growth of monthly active users of the crypto wallet, which has quintupled in the past seven months. In this episode, he discusses: which crypto use case drove MetaMask’s active user base to grow 5x in under a year what types of scaling solutions are drawing users to MetaMask how MetaMask works what kind of customers are using MetaMask how MetaMask has grown without targeted marketing whether the type of crypto usage in developing nations differed from developed nations which feature MetaMask released in 2020 that is bringing in revenue what pivotal moments in crypto over the past six years have brought new users to MetaMask why scalability and security are the most important challenges facing MetaMask in the short term how MetaMask is trying to make online wallets more secure how much volume users have traded via MetaMask's new swap feature what new features are coming up for MetaMask wallets Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 InterPop: https://hellointerpop.io/?utm_source=Unchained&utm_medium=episode-sponsorship&utm_campaign=interpop-launch&utm_content=interpop NEAR: https://near.org Episode Links MetaMask Dan Finlay: https://twitter.com/danfinlay MetaMask: https://metamask.io/ $5 Million Monthly Active Users: https://consensys.net/blog/metamask/metamask-surpasses-5-million-monthly-active-users/ MetaMask in Emerging Markets: https://twitter.com/MetaMask/status/1387114770923466755 Filecoin in MetaMask: https://medium.com/metamask/developer-preview-metamask-snap-for-filecoin-c28b01dfdcb Miscellaneous Robbie Ferguson on Unchained: https://unchainedpodcast.com/this-layer-2-solution-processed-more-nft-trades-in-24-hours-than-ethereum-did-in-1-week/ Marguerite deCourcelle on Unchained: https://unchainedpodcast.com/all-the-ways-crypto-can-make-gaming-more-fun/ Charles Cascarilla + Vlad Tenev conversation: https://t.co/2AG0y5j36B?amp=1 Link to the Crypto News Recap: https://unchainedpodcast.com/a-bitcoin-standard/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 30, 202138 min

Ep 232How NFT Platform OpenSea Plans to Maintain Its Competitive Advantage - Ep.232

Devin Finzer, co-founder and CEO of NFT marketplace OpenSea, talks all things non-fungible. Check out the whole show to hear Devin answer the following questions: First Half: Breaking Down NFTs Why did he become so interested in NFTs ? What is an NFT? Why have NFTs become so popular recently? Who is creating NFTs? Who is purchasing NFTs? Are we in an NFT bubble? How is the NFT ecosystem going to evolve over the next few years? What are people purchasing when they buy an NFT? Second Half: OpenSea Q+A What is OpenSea? How will OpenSea maintain its competitive advantage in the open-source blockchain ecosystem? How does OpenSea make money? Are artists making money on OpenSea? How is OpenSea planning on integrating with layer 2 solutions on Ethereum and other blockchains? How do royalties work on OpenSea? Why are they hard to enforce? What can be done about content being minted on OpenSea without an artist’s permission? What issues in the NFT world still need to be resolved? How is OpenSea handling the environmental concerns surrounding NFTs? What’s next for OpenSea? Thank you to our sponsors! E&Y: https://ey.com/globalblockchainsummit Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 Kyber Network: Dmm.exchange Episode Links Basic Links Devin’s Twitter https://twitter.com/dfinzer?lang=en OpenSea https://opensea.io/ Devin Finzer Content Podcast appearances https://www.owltail.com/people/YzIoa-devin-finzer/appearances The NFT Bible https://opensea.io/blog/guides/non-fungible-tokens/ Blockchain gaming (2018) https://www.coindesk.com/the-emerging-trends-in-the-blockchain-gaming-world OpenSea Profiles Fortune https://fortune.com/2021/03/18/nft-art-crypto-marketplace-opensea-amazon/ CoinDesk 50 for 2020 (#47) https://www.coindesk.com/the-coindesk-50 Recent announcements scaling solution w/ Immutable X (Mar 31) https://www.coindesk.com/nft-opensea-immutable-layer-2-protocol-ethereum https://decrypt.co/65828/immutable-x-ethereum-nft-gods-unchained A16z investment (Mar 18th) https://a16z.com/2021/03/18/investing-in-opensea/ updating terms of service (Mar 13) https://twitter.com/opensea/status/1370895902068637697 taking down the hacker NFT (Mar 9) https://www.coindesk.com/hacker-selling-cybersecurity-exploit-nft unlockable content (early March) https://twitter.com/opensea/status/1366780226416631817 Tezos collab (Feb 10) https://twitter.com/opensea/status/1359519631275352064 creating NFTs for free (Dec 29) https://opensea.io/blog/announcements/introducing-the-collection-manager/ https://twitter.com/xanderatallah/status/1358848443356221445 recent usage: https://duneanalytics.com/rchen8/opensea 2018 investing round https://www.coindesk.com/ebay-cryptokitties-raises-2-million-star-vcs https://opensea.io/blog/announcements/opensea-raises-2-million/ Other Terms of service talk https://www.reddit.com/r/opensea/comments/m12uh4/do_i_keep_the_rights_to_any_nft_i_sell_on_opensea/ Stats https://www.forbes.com/sites/youngjoseph/2021/03/29/nft-market-rages-on-nfts-market-cap-grow-1785-in-2021-as-demand-explodes/?sh=2974862a7fdc https://duneanalytics.com/rchen8/opensea Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 27, 20211h 4m

Ep 231Unconfirmed: This Layer 2 Solution Processed More NFT Trades in 24 Hours Than Ethereum Did in 1 Week - Ep.231

Robbie Ferguson, co-founder and president of Immutable, talks about how Immutable is transforming the NFT industry through its layer 2 solution, Immutable X, which just launched April 8. In this episode, he discusses: what sort of problems Immutable is solving by creating a layer 2 solution (1:21) why scalability is especially an issue for NFTs in gaming (1:59) how Immutable X, built with partner Starkware, addresses the problems with scaling NFTs (3:28) how Immutable is scaling Ethereum and the definition of a layer 2 solution (5:46) the Immutable business model and how the company makes money (6:40) how validity proofs like ZK-rollups differ from fraud proofs like Optimistic rollups (7:52) how Gods Unchained has performed since the April 8th launch of Immutable X (8:27) why building on Ethereum is so important to Immutable (10:54) why Immutable is obsessed with bringing liquidity to NFTs (14:54) what sort of partners Immutable is looking to attract and how Immutable X is different from a traditional marketplace (18:00) why Immutable decided to purchase carbon credits to offset the gas the protocol consumes on Ethereum (21:33) what we might see from Gods Unchained, Immutable X, and NFT gaming in general by the end of this year (23:32 ) weekly news recap (26:22) Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 InterPop: https://hellointerpop.io/?utm_source=Unchained&utm_medium=episode-sponsorship&utm_campaign=interpop-launch&utm_content=interpop NEAR: https://near.org Episode Links Robbie Ferguson https://www.linkedin.com/in/robbieferguson/?originalSubdomain=au Immutable Twitter: https://twitter.com/Immutable?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor Website for Immutable X https://market.x.immutable.com/assets/0xacb3c6a43d15b907e8433077b6d38ae40936fe2c Layer 2 https://www.theblockcrypto.com/linked/101092/ethereum-startup-immutable-aims-to-cut-nft-costs-with-new-layer-2-scaling-protocol https://www.theblockcrypto.com/linked/100084/opensea-nft-layer-2-immutable-x https://twitter.com/Immutable/status/1385263903450484741 Gods Unchained https://www.coindesk.com/james-ferguson-on-decentralized-gamings-next-moves https://decrypt.co/65828/immutable-x-ethereum-nft-gods-unchained Previous Unconfirmed interview: https://unchainedpodcast.com/how-the-hong-kong-protests-gave-a-boost-to-gods-unchained/ Miscellaneous Links Hearthstone link https://decrypt.co/48379/gods-unchained-review-and-beginners-guide Carbon Credits https://twitter.com/immutable/status/1377099577178779659?lang=en StarkWare relationship https://medium.com/starkware/starkware-immutable-8896aabab4e5 StarkWare’s recent Unchained appearance https://unchainedpodcast.com/can-dydx-become-a-decentralized-bitmex-how-it-is-scaling-with-starkware/ Link to the Crypto News Recap: https://unchainedpodcast.com/2600-eth/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 23, 202139 min

Ep 230Thanks, Forbes: Laura on How the Unchained Podcast Came to Be - Ep.230

In a fun change of pace, I was interviewed by the On Deck Podcaster Fellowship about the origins of Unchained pod, how my background as a journalist prepared me for podcasting, and tips for aspiring creators. Episode highlights: why I believe the Unchained podcast has been successful and how my penchant for asking tough questions came about (1:48) how my background in journalism prepared me for hosting a podcast (6:35) how I choose guests for the show and how they feel about being asked difficult questions (9:10) why I feel my background in traditional media is so important (15:46) whether my podcast helped me land a book deal (20:35) the Unchained podcast origin story (26:37) how I’ve brought my sense of journalistic integrity and ethics to podcasting (33:56) the top tips for choosing a good podcast title (41:58) advice for aspiring podcasters on sifting through BS answers and warming up shy guests (48:19) who I look up to in the podcast space (53:25) what future creators and podcasters from underrepresented backgrounds can learn from my experience breaking into the world of finance and technology (57:33) Thank you to our sponsors: E&Y: https://ey.com/globalblockchainsummit Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 Kyber Network: Dmm.exchange Episode Links On Deck: https://www.beondeck.com/ Laura Shin: https://twitter.com/laurashin Unchained Podcast: https://twitter.com/Unchained_pod Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 20, 20211h 3m

Ep 229Unconfirmed: Why This Analyst Puts Coinbase in the Most Exclusive Club of Stocks - Ep.229

Gil Luria, director of research at D.A. Davidson, talks about Coinbase’s performance on its first day as a public company. In this episode, Gil discusses: the significance of Coinbase going public (1:05) why doing a direct listing was a risky move (1:31) why he revised his price target for COIN from $440 to $650 (3:17) how investing in COIN as a “pure play” crypto company compares to buying stock in companies like MicroStrategy and Square (5:06) why some people are disrupting Coinbase’s actual market cap (7:11) whether Coinbase can smooth out revenue over the long term and not be so correlated to the crypto markets themselves(10:45) what sort of statistics Gil is looking for in valuing Coinbase (13:08) why Gil thinks Coinbase can meet its goal of growing non-transaction revenue from 4% to 50% in five to ten years (15:32) how Coinbase could navigate the compression of fees that will occur as competition increases among exchanges (17:33) whether Coinbase’s stance as an apolitical company could affect the stock price in an era in which companies are getting involved in issues like voting rights (19:45) whether the Bitcoin price and COIN stock price will always be highly correlated (21:18) which other crypto companies are good candidates for going public as well (22:35) weekly news recap (24:03) Thank you to our sponsors! Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 Check out InterPop, a superteam redefining the future of NFTs and fandom! https://hellointerpop.io/?utm_source=Unchained&utm_medium=episode-sponsorship&utm_campaign=interpop-launch&utm_content=interpop Episode links: Gil Luria Twitter profile: https://twitter.com/gilluria Introducing Crypto’s Amazon Moment (written by Gil): https://unchainedpodcast.com/wp-content/uploads/2021/03/DA-Davidson-Coinbase-Initiation-20210302.pdf 2013 Quote from Gil on Bitcoin: https://www.streetinsider.com/Analyst+Comments/Bitcoin+Could+Be+Worth+10-100x+Current+Price+-+Analyst/8936836.html Previous Unchained Appearance: https://unchainedpodcast.com/is-coinbase-stock-a-good-buy-this-analyst-says-yes/ Related Content Ellie Frost Blog: https://frostbyte.substack.com/p/coinbase-earnings-some-less-obvious https://frostbyte.substack.com/p/coinbase-earnings-will-blow-you-away Tweet Thread on Market Cap Discrepancy w/ Comment From Jeff Dorman https://twitter.com/laurashin/status/1382746574577668111 https://twitter.com/jdorman81/status/1382749674105237507 Forbes Coverage of Coinbase Direct Listing: https://www.forbes.com/sites/jonathanponciano/2021/04/14/coinbase-skyrockets-in-nasdaq-listing-landing-105-billion-valuation-on-first-day-of-trading/?sh=3afb44928dc1 https://www.forbes.com/sites/jeffkauflin/2021/04/14/coinbases-ipo-creates-a-multibillion-dollar-windfall-for-founders-now-it-faces-five-big-threats/?sh=13405d8e61ff Brian Armstrong CNBC Interview on Transaction Fees: https://twitter.com/SquawkCNBC/status/1382279472599162880?s=20 Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 16, 202135 min

Ep 228Why Bitcoin’s December Price Target Is Now ‘Above $300,000’ - Ep.228

In an interview I moderated at Real Vision’s “Crypto Gathering,” Peter L Brandt, veteran trader and publisher of the Factor Report, and Willy Woo, prominent on-chain Bitcoin analyst and author of the “The Bitcoin Forecast,” a market intelligence newsletter, discuss Bitcoin charts, trading, and how Bitcoin is evolving as an asset. They cover: why Peter believes that, with Bitcoin, we are watching history in the making and what a “parabolic advance” has to do with that belief (2:02) the differences in trading Bitcoin, which trades 24/7/365, in comparison to a normal asset -- like a stock or commodity (6:36 ) Willy’s price target for the top of this bull run (8:37) why Willy thinks there is a Bitcoin supply shock (12:12) the reason Peter does not think Bitcoin is a bubble (15:09) why Willy believes we are witnessing the birth of a new monetary system (17:23) the state of Bitcoin adoption and how fast adoption will grow (21:24) Peter’s crypto journey and why he measures wealth in Bitcoin instead of dollars (27:02 ) why Peter thinks we are prisoners of war to the fiat system and how Bitcoin fixes this (31:33) what sort of volatility both Peter and Willy expect going forward from Bitcoin (33:43) how Peter feels about the laser eyes trend on Crypto Twitter (39:35) tips for aspiring chartists and traders (41:33) Thank you to our sponsors! Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 Indexed Finance: https://indexed.finance/ Kyber Network: Dmm.exchange Episode Links Willy Woo Twitter: https://twitter.com/woonomic Website: http://charts.woobull.com/ Content Unchained podcast appearances https://unchainedpodcast.com/willy-woo-on-why-its-an-extremely-great-time-to-buy-bitcoin/ https://unchainedpodcast.com/willy-woo-how-bitcoin-reaches-up-to-300000-by-end-of-year/ Tweets https://twitter.com/woonomic/status/1347127159538688002?s=20 https://twitter.com/woonomic/status/1345221723751206912?s=20 https://twitter.com/woonomic/status/1346827893322616833 https://twitter.com/woonomic/status/1356310219215699968 https://twitter.com/woonomic/status/1379804421823942656 Peter L. Brandt Twitter https://twitter.com/PeterLBrandt Website: https://www.peterlbrandt.com/about-us/ Content Book https://www.amazon.com/Trading-Commodity-Futures-Classical-Patterns/ Tweets BTC https://twitter.com/PeterLBrandt/status/1372380949695053824 https://twitter.com/PeterLBrandt/status/1374816381837799424 https://twitter.com/PeterLBrandt/status/1368593967059767297 Crypto https://twitter.com/PeterLBrandt/status/1366810037084020736 USD https://twitter.com/PeterLBrandt/status/1368903818201600009 https://twitter.com/PeterLBrandt/status/1368383829098913795 Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 13, 202149 min

Ep 227Unconfirmed: What $1.8 Billion in Q1 Revenue Means for Coinbase’s Direct Listing - Ep.227

Larry Cermak, director of research at The Block, discusses the upcoming Coinbase direct listing in light of the exchange’s recently released Q1 revenue hitting an impressive $1.8 billion. In this episode, Larry talks about: significant takeaways from Coinbase’s Q1 results (1:04) how Coinbase was able to increase its non-transaction revenue in Q1 and why he thinks the exchange gets away with charging higher fees than its competitors (4:14) why retail consumers are investing in crypto at such a high clip (8:36) how Coinbase compares to its competition -- and why competition will drive transaction fees down (11:23) whether it matters that Coinbase has so little Bitcoin on its balance sheet (14:52) what he still wants to know about Coinbase after its S-1 filing and Q1 results 15:36) products and services that Coinbase should acquire to round out its crypto offering (17:10) his expectations for Coinbase’s stock performance (17:50) why investors may not be interested in NFTs (19:37) how the crypto markets will perform in 2021 and how that might affect the COIN price (20:43) Crypto New Recap (22:40) Thank you to our sponsors! Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 Check out InterPop, a superteam redefining the future of NFTs and fandom! https://hellointerpop.io/?utm_source=Unchained&utm_medium=episode-sponsorship&utm_campaign=interpop-launch&utm_content=interpop Episode links: Larry Cermak https://twitter.com/lawmaster Coinbase Q1 Results Coinbase Details https://investor.coinbase.com/news/news-details/2021/Coinbase-Announces-First-Quarter-2021-Estimated-Results-and-Full-Year-2021-Outlook/default.aspx Larry Cermak Analysis https://twitter.com/lawmaster/status/1379527265021743110 The Block https://www.theblockcrypto.com/genesis/100749/final-notes-ahead-of-the-coinbase-direct-listing?utm_source=research&utm_medium=email&utm_campaign=2021-04-08 John Street Capital https://twitter.com/JohnStCapital/status/1379526362692788227 Direct Listing Information https://www.cnbc.com/2021/04/01/coinbase-direct-listing-set-for-april-14-after-sec-approval.html https://www.coindesk.com/coinbase-sec-form-s-1 Related Podcasts Gil Luria https://unchainedpodcast.com/is-coinbase-stock-a-good-buy-this-analyst-says-yes/ Jeff Roberts https://unchainedpodcast.com/coinbases-s-1-the-number-that-may-make-the-exchange-nervous/ Link to the Crypto News Recap: https://unchainedpodcast.com/happy-birthday-satoshi1/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 9, 202135 min

Ep 226Mark Cuban on Why He Thinks ETH Is a Better Store of Value Than Bitcoin - Ep.226

Mark Cuban -- billionaire investor, owner of the Dallas Mavericks, and Shark Tank “shark” -- shares his thoughts on the Ethereum vs. BTC debate, issues with DeFi, and how NFTs could change content distribution. Tune in to hear Mark talk about... why ETH is a better store of value than BTC (1:08) why bitcoin as an inflation hedge is a bananas narrative 6:29) his opinion on EIP-1159 and the idea of proof of stake mining (9:06) why minting an NFT was a crypto-lightbulb moment for him (11:36) how his background in technology prepared him to invest in crypto (13:55) the main problem with the DeFi user experience and his advice for new DeFi users (16:34) what might happen to the centralized banking system if DeFi becomes the norm (20:46) how putting private data on a blockchain could work (25:53) why CBDC’s make “perfect sense” (32:11) how he evaluates decentralized business models and governance structures (41:13) his NFT investment thesis (47:09) who he believes will be the NFT winners in the long term (52:09) why Mavs tickets are a perfect example for how NFTs may be used in the future (54:55) industries that are ripe for NFT disruption (59:45) the many use cases for NFTs (1:01:48) why he is advising against minting social tokens (1:04:15) Thank you to our sponsors! Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 Indexed Finance: https://indexed.finance/ Kyber Network: Dmm.exchange Episode Links Mark Cuban Personal website: https://markcubancompanies.com/marks-bio/ Twitter: https://twitter.com/mcuban NFT Investment Lazy.com https://lazy.com/ https://www.theblockcrypto.com/post/98974/mark-cuban-digital-art-gallery-nft Mintable https://cryptoslate.com/mark-cuban-invests-undisclosed-sum-in-nft-platform-mintable/ Esprezzo https://blog.esprezzo.io/esprezzo-raises-round-to-bring-no-code-automation-to-crypto-investors-nft-creators-collectors-defi-users OpenSea https://techcrunch.com/2021/03/18/nft-marketplace-opensea-raises-23-million-from-a16z/ SuperRare https://www.coindesk.com/cuban-chamath-back-nft-marketplace-superrares-9m-series-a Other https://markcubancompanies.com/blockchain/ Other Links Defiant Podcast (“ETH Has An Advantage Over Bitcoin”) https://www.youtube.com/watch?v=GdGseBuuq_I Why DeFi is the Future | Mark Cuban on the Bankless Podcast https://shows.banklesshq.com/p/-why-defi-is-the-future-mark-cuban Mark Cuban: The Billionaire Crypto Degen on the Delphi Podcast https://www.delphidigital.io/reports/mark-cuban-the-billionaire-crypto-degen/ NFTs as ticketing disruptor https://cryptoslate.com/forget-overvalued-artwork-mark-cuban-sees-nft-ticketing-as-the-mass-market-disruptor/ Bananas video (2:16-3:49) https://www.youtube.com/watch?v=DWBlN9o6Azc CoinDesk interview https://www.coindesk.com/mark-cuban-bitcoin-nfts-blockchain-dallas-mavericks Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 6, 20211h 9m

Ep 225Unconfirmed: Why Proposed FATF Rules Could Be a Shock for DeFi - Ep.225

Dave Jevans, CEO of Cipher Trace, talks about what the new draft guidance from the FATF (Financial Action Task Force) means for DeFi, NFTs, and crypto in general. In this show, he breaks down: the six main areas the draft guidance covers, including the expansion of KYC regulatory standards into DeFi (1:07) how a dex like Uniswap would operate under the proposed draft guidance, and which types of companies or services providers would have to take identifying customer information (3:54) why DeFi applications might start requiring customers to create an account to use their platforms (7:03) how the crypto community has reacted to the FATF draft guidance (8:59) whether NFTs are affected by the proposed draft guidance (11:01) who the FATF recommendations apply to (13:54) how to reach out to FATF to comment on the draft guidance (15:32) the nuances of the travel rule and how DeFi developers may now be forced to include KYC mechanisms in their applications (17:29) how the crypto community would likely want to tweak the guidance to align the philosophy of DeFi (21:27) Crypto News Recap (23:42) Thank you to our sponsors! Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 Check out InterPop, a superteam redefining the future of NFTs and fandom! https://hellointerpop.io/?utm_source=Unchained&utm_medium=episode-sponsorship&utm_campaign=interpop-launch&utm_content=interpop Episode Links Dave Jevans Twitter: https://twitter.com/davejevans Cipher Trace: https://ciphertrace.com/ Previous Unchained episode: https://unchainedpodcast.com/why-the-travel-rule-is-one-of-the-most-significant-regulations-in-crypto/ FATF Website: https://www.fatf-gafi.org/ Updated FATF draft guidance: http://www.fatf-gafi.org/media/fatf/documents/recommendations/March%202021%20-%20VA%20Guidance%20update%20-%20Sixth%20draft%20-%20Public%20consultation.pdf Analysis of draft guidance: CoinDesk: https://www.coindesk.com/fatfs-new-guidance Decrypt: https://decrypt.co/62600/fatf-money-laundering-rules-defi-nfts Coin Center: https://www.coincenter.org/a-quick-analysis-of-fatfs-2021-draft-cryptocurrency-guidance/ Cipher Trace: https://ciphertrace.com/analysis-proposed-fatf-guidance-for-virtual-assets-and-vasps/ Miscellaneous Links Travel Rule: https://www.coindesk.com/is-the-travel-rule-good-or-bad-for-crypto-both FinCEN: https://www.jdsupra.com/legalnews/fincen-looks-to-rein-in-cryptocurrency-6821323/ Link to the Crypto News Recap: https://unchainedpodcast.com/michael-jordans-nft-investment/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 2, 202136 min

Ep 224What Exactly Do You Get When You Buy an NFT? Three Lawyers Discuss - Ep.224

Olta Andoni, fintech and IP Attorney at Zlatkin Wong and adjunct professor at Chicago Kent College of Law, Tonya Evans, visiting Full Professor of Law at Penn State Dickinson Law School and host of the podcast Tech Intersect, and Stuart Levi, co-head of the Intellectual Property and Technology practice at Skadden Arps and coordinator of the firm's Blockchain and Digital Asset practice, break down the legal issues surrounding NFTs. In this episode, they discuss: how the law looks at non-fungible tokens (1:25) why owning an NFT is different from owning the rights to the underlying asset making up the NFT (3:12) problems that blockchain solves for creators (5:09) how corporations (aka content intermediaries) are handling NFTs (6:53) what rights the purchase of an NFT gives a buyer (11:51) derivative artwork, the fair use copyright law, moral rights, and how U.S. law views NFTs (15:53) how to determine the jurisdiction of an NFT (25:00) what type of legal recourse is available to artists whose art has been stolen and redistributed as an NFT (32:37) the differences in the terms of services between NFT marketplaces (36:26) why the first sale doctrine may not apply to digital assets (43:16) what a buyer is getting when purchasing a blockchain license (46:12) how NFT creators should protect their work (51:43) whether a fractionalized NFT is a security (55:25) how NFTs will change the business of content creation (58:44) Thank you to our sponsors! Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 Indexed Finance: https://indexed.finance/ Episode Links People Tonya Evans Twitter: https://twitter.com/IPProfEvans Penn State Dickinson Law: https://dickinsonlaw.psu.edu/tonya-m-evans Relevant content: https://podcasts.apple.com/us/podcast/tech-intersect-59-ping-prof-2-non-fungible-tokens-nfts/id1493143898?i=1000512485580 https://clarivate.com/darts-ip/blog/copyright-blockchain/ https://clarivate.com/darts-ip/blog/intro-to-ip-and-blockchain/ Olta Andoni Twitter: https://twitter.com/AndoniOlta?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor Zlatkin Wong: https://zlatkinwong.com/en/ Relevant content: https://www.coindesk.com/stop-tokenizing-art-you-dont-own Stuart Levi LinkedIn: https://www.linkedin.com/in/stuartlevi/ Skadden: https://www.skadden.com/ Relevant content: https://www.mondaq.com/unitedstates/fin-tech/799182/emerging-discovery-issues-in-blockchain-litigation Legal Links Fair Use Doctrine: https://pitt.libguides.com/copyright/fairuse#:~:text=The%20doctrine%20of%20Fair%20Use,teaching%2C%20scholarship%2C%20and%20research. First Sale Doctrine: https://www.justice.gov/archives/jm/criminal-resource-manual-1854-copyright-infringement-first-sale-doctrine#:~:text=The%20first%20sale%20doctrine%2C%20codified,interests%20of%20the%20copyright%20owner Moral Rights: https://www.copyright.gov/policy/moralrights/ Digital Millennium Copyright Act https://www.copyright.gov/legislation/dmca.pdf Visual Artists Rights Act http://www.law.harvard.edu/faculty/martin/art_law/esworthy.htm Miscellaneous Links Banksy https://www.cbsnews.com/news/banksy-nft-injective-destroy-art-digital-token/ Fractionalized NFTs https://markets.businessinsider.com/currencies/news/sec-crypto-mom-hester-peirce-selling-nft-fragments-illegal-2021-3-1030250153 Dapper Labs License https://medium.com/dapperlabs/nft-license-2-0-why-a-nft-can-do-what-mickey-mouse-never-could-27673d5f29aa TechnoLlama Blog https://www.technollama.co.uk/can-copyright-teach-us-anything-about-nfts Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 30, 20211h 7m

Ep 223Unconfirmed: Why Miami Mayor Francis Suarez Calls Crypto 'the Wave of the Future' - Ep.223

Miami Mayor Francis Suarez talks about how Miami plans to be the crypto capital of the world. In this show, he discusses: what Miami is doing to become the crypto capital of the world (1:40) why he feels so strongly about bringing crypto to Miami (3:09) the relationship between cryptocurrencies and government (4:08) why he believes that, in the future, governments will transaction in crypto, not fiat currency (5:26) his feelings about the FTX sponsorship proposal and how he convinced city officials to move past crypto’s tumultuous past (6:51) whether city of Miami employees have expressed interest in being paid in bitcoin (10:06) what needs to happen for Miami to be able to hold BTC in its treasury (11:25) how Mayor Suarez balances his interest in Bitcoin against his interest in mitigating the effects of climate change on Miami (14:24) Crypto News Recap (18:00) Thank you to our sponsors! Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 Check out InterPop, a superteam redefining the future of NTFs and fandom! https://hellointerpop.io/?utm_source=Unchained&utm_medium=episode-sponsorship&utm_campaign=interpop-launch&utm_content=interpop Episode Links: Francis Suarez - Mayor of Miami Twitter: https://twitter.com/FrancisSuarez Miami and Crypto Overview New York Times: https://www.nytimes3xbfgragh.onion/2021/03/23/business/dealbook/miami-suarez-crypto.html CNBC interview: https://www.cnbc.com/video/2021/02/17/miami-mayor-francis-suarez-on-push-to-accept-bitcoin-attract-big-tech.html Forbes Coverage: https://www.forbes.com/sites/rogerhuang/2021/02/01/miamis-mayor-leads-the-charge-to-bring-bitcoin-to-americas-largest-cities/?sh=5bbbbf68c6c9 https://www.forbes.com/sites/leeorshimron/2021/02/07/miami-mayor-francis-suarez-talks-bitcoin--building-a-tech-innovation-hub/?sh=1d1c40691a53 FTX Naming Rights Press Release: https://www.miamidade.gov/releases/2021-03-23-mayor-arena-agreement.asp The Block: https://www.theblockcrypto.com/linked/99134/report-ftx-miami-heat-stadium-vote Bitcoin paying employees in BTC + investing treasury in BTC: https://twitter.com/francissuarez/status/1360069847971954690?lang=en Link to the Crypto News Recap: https://unchainedpodcast.com/tesla-is-a-hodler/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 26, 202131 min

Ep 222Financial Advisors Control $5 Trillion in Investor Wealth. Are They Buying Bitcoin? - Ep.222

Ric Edelman, founder of Edelman Financial Engines, and Matthew Kolesky, president at Arbor Capital, discuss the state of Bitcoin adoption amongst financial advisors, who control $5 trillion in investor wealth. In this episode, they talk about: their background and why they got into crypto (1:25) how most RIAs (registered investment advisors) view digital assets and the hassle of buying crypto on a client’s behalf (8:59) what percentage of financial advisors have already invested in bitcoin and how many more will come into the space by next year (18:20) how RIADAC -- the RIA Digital Assets Council -- is educating financial advisors about crypto (21:59) their favorite methods to explain Bitcoin and other digital assets (25:22) the different ways financial advisors are getting bitcoin/crypto exposure for their clients (35:32) why RIAs use investment vehicles to purchase Bitcoin rather than spot-buying the actual asset (39:58) why GBTC is trading at a deficit to the bitcoin price and their thoughts on a bitcoin ETF (44:40) the percent allocation to crypto they feel comfortable with for their clients (54:26) how they rebalance crypto holdings, whether they use yield-bearing crypto products yet, and projections for 2021 (57:35) Thank you to our sponsors! Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 Indexed Finance: https://indexed.finance/ Episode links: Ric Edelman Twitter: https://twitter.com/ricedelman?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor RIADAC: https://riadac.com/ Matt Kolesky Twitter: https://twitter.com/mkolesky Arbor Capital: https://www.acminc.com/ + https://digital.arbor.capital/ Helpful Links: Bitwise ETF Trends + Survey of Financial Advisors https://static.bitwiseinvestments.com/Research/Bitwise-2021-Benchmark-Survey-Financial-Advisor-Attitudes-Toward-Cryptoassets.pdf Fidelity’s Bitcoin Investment Thesis https://www.fidelitydigitalassets.com/bin-public/060_www_fidelity_com/documents/FDAS/bitcoin-alternative-investment.pdf RIADAC’s 12 Predictions for 2021 https://www.thinkadvisor.com/2021/01/07/ric-edelman-12-predictions-for-bitcoin-other-cryptos-in-2021/ RIADAC 1% Allocation strategy https://riadac.com/digital-assets-are-now-mainstream/its-still-early-with-tremendous-upside-potential/ Arbor Capital’s “True Digital Asset SMA” https://www.prnewswire.com/news-releases/arbor-digital-and-blockchange-partner-on-digital-asset-sma-for-registered-investment-advisors-301219459.html Grayscale BTC Premium Flips Negative https://www.coindesk.com/grayscale-negative-premium-bitcoin Blockchange https://blockchange.ai/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 23, 20211h 6m

Ep 221Unconfirmed: MetaKovan on Why He Spent $69 Million on a Jpeg - Ep.221

MetaKovan, the pseudonymous buyer of Beeple’s Everydays NFT and founder of MetaPurse, talks about his recent $69 million purchase. In this episode, he discusses: why he bought Everydays: The First 5000 Days for $69 million (1:57) Beeple’s 13-year “proof of effort” process of creating art and why Beeple has the potential to become a generational artist (4:38) why he believes NFTs are “10x” better than physical art (9:40) his vision of the metaverse (13:57) the reasons for hiding his identity behind the Metakovan avatar (17:09) how he made his fortune in crypto and why he felt comfortable spending $69 million on something that might be a fad (19:12) why he started Metapurse and how its native B20 token works (24:31) crypto news recap (28:57) Thank you to our sponsor! Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 Episode Links MetaKovan: https://twitter.com/metakovan?lang=en Metapurse: https://metapurse.fund/ Everydays: The First 5000 Days Purchase: https://www.coindesk.com/metakovan-buyer-of-record-setting-beeple-nft-explains-why-he-spent-69-3m https://www.nytimes.com/2021/03/12/arts/beeple-nft-buyer-ether.html https://www.cnbc.com/2021/03/12/buyer-of-69-million-beeple-nft-is-a-crypto-investo-metakovan.html https://www.washingtonpost.com/technology/2021/03/17/nft-beeple-metakovan-christies/ https://slate.com/technology/2021/03/metakovan-beeple-christies-auction-nfts.html B20 Tokens: https://www.playtoearn.online/2021/01/13/metapurse-to-share-ownership-beeple-collection/ https://www.benzinga.com/markets/cryptocurrency/21/03/20195109/69m-beeple-nft-artwork-may-have-been-used-to-pump-b-20-token-price-by-6200-reports-suggest Link to the Crypto News Recap: https://unchainedpodcast.com/3-publicly-traded-crypto-exchanges/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 19, 202140 min

Ep 220How NFTs Are Revolutionizing How Creators Make Money - Ep.220

Jamie Burke, CEO of Outlier Ventures, and Mason Nystrom, a research analyst at Messari, discuss the NFT craze that has enveloped the crypto world over the past few weeks. In this episode, they talk about: their backgrounds, and how they became involved in crypto (1:19) the major catalysts -- specifically Beeple and NBA Top Shot -- that have brought NFTs into the mainstream (5:29) why NFTs are a “megatrend” and not just another ICO-like bubble (13:35) how to explain non-fungible tokens to normies (18:06) what someone is actually purchasing when they buy an NFT (24:46) the reasons behind NBA Top Shot's success and why it is so difficult to withdraw money from its platform (36:27) the best way to scale NFTs and why Ethereum, despite severe storage limitations, will most likely remain the most popular blockchain on which to mint NFTs (41:44) why the gaming, fashion, and music industries will be disrupted by NFTs (49:37) when the current subscription-based business model for content creators will transition to the ownership economy (55:10) the differences between the marketplaces and platforms that make up the NFT economy (57:06) whether NFT valuations will go to zero and the challenges of appraising digital art (1:03:39) their predictions for the market capitalization of NFTs by the end of 2021 (1:15:23) Thank you to our sponsors! Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 Square: https://square.com/go/unchained Episode Links: Jamie Burke Twitter: https://twitter.com/jamie247 Outlier Ventures: https://twitter.com/OVioHQ Content: the open metaverse: https://outlierventures.io/research/the-open-metaverse-os/ 100xARt: https://art.art/blog/jamie-burke-and-100xart-a-true-story-of-the-rising-art-order podcast: https://outlierventures.io/podcasts/ Mason Nystrom Twitter: https://twitter.com/masonnystrom Messari: https://messari.io/ Content: NFTs as an investment strategy: https://twitter.com/masonnystrom/status/1310942572429312010 evolution of content: https://twitter.com/masonnystrom/status/1361692703025729536 psychology of crypto art collecting: https://twitter.com/masonnystrom/status/1365028848509870080 the current state of NFTs: https://twitter.com/masonnystrom/status/1363283887691038720 NFT Sales Mentioned Beeple: https://www.cnn.com/style/article/beeple-first-nft-artwork-at-auction-sale-buyer-intl-scli/index.html Previous Unconfirmed interview with Beeple: https://unchainedpodcast.com/beeple-on-how-and-why-he-raked-in-3-5-million/ Taco Bell: https://www.theverge.com/2021/3/8/22319868/taco-bell-nfts-gif-tacos-sell 3LAU: https://edm.com/gear-tech/3lau-record-breaking-nft-sale Jack Dorsey Tweet: https://v.cent.co/tweet/20 Kings of Leon album: https://www.maxim.com/entertainment/kings-of-leon-releases-album-in-nft NBA Top Shot: https://www.actionnetwork.com/news/nba-top-shot-blockchain-nba-highlight-marketplace NFT Guides New York Times: https://www.nytimes.com/2021/02/22/business/nft-nba-top-shot-crypto.html?utm_source=morning_brew DappRadar: https://dappradar.com/blog/what-are-non-fungible-tokens-nfts Andrew Steinwold: https://andrewsteinwold.substack.com/p/-quick-overview-of-the-nft-ecosystem Decrypt: https://decrypt.co/resources/non-fungible-tokens-nfts-explained-guide-learn-blockchain CoinDesk: https://www.coindesk.com/nfts-became-art-everything-nft Miscellaneous Links: Chris Dixon blog: https://a16z.com/2021/02/27/nfts-and-a-thousand-true-fans/ NFT market cap: https://nonfungible.com/market/history Outlier Ventures decentralized accelerator program: https://outlierventures.io/base-camp/ Top NFT marketplaces (DappRadar): https://decrypt.co/resources/non-fungible-tokens-nfts-explained-guide-learn-blockchain Jesse Walden’s “Ownership Economy”: https://variant.mirror.xyz/T8kdtZRIgy_srXB5B06L8vBqFHYlEBcv6ae2zR6Y_eo Flow blockchain: https://www.onflow.org/primer Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 16, 20211h 21m

Ep 219Unconfirmed: Why This Environmentalist Doesn’t Blame Creators for the Carbon Footprint of NFTs - Ep.219

Brendan McGill, co-founder of Offsetra and Carbon.fyi, a company focused on reducing carbon emissions, talks about the environmental impact of NFTs. In this episode, Brendan discusses: his career as an environmentalist and how his sites intersect with crypto (1:07) why online art platform ArtStation canceled its plans to create an NFT program (3:21) what the environmental impact of NFTs actually is and why minting and transacting with NFTs has a greater environmental impact than for normal Ethereum transactions (5:21) misconceptions surrounding the environmental impact of NFT minting and why he believes artists should not be blamed for the carbon footprint calculated by Offsetra (6:57) what accounts for the emissions in NFT transactions and why it’s hard to calculate the exact environmental impact of any specific NFT, and why minting NFTs doesn’t necessarily increase emissions (7:32) why NFTs aren’t really responsible for the bulk of emissions from Ethereum and why Brendan thinks the backlash against NFT creators for the environmental impact is unfair (12:02) how Offsetra and Carbon.fyi attempt to calculate the amount of ‘clean’ energy vs. fossil fuels used in PoW mining and what assumptions they use (13:59) the methods (and blockchains) artists are using to create “clean NFTs” (16:17) Crypto New Recap (16:17) Thank you to our sponsor! Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 Episode links: Brendan McGill: https://www.linkedin.com/in/brendanmc6/ Offsetra: website: https://offsetra.com/ Ethereum CO2 footprint calculator: https://carbon.fyi/ carbon.fyi methodology: https://carbon.fyi/learn Reading Material: guide to ecofriendly NFTs https://github.com/memo/eco-nft fixing NFTs’ carbon pollution problem https://earther.gizmodo.com/how-to-fix-crypto-art-nfts-carbon-pollution-problem-1846440312 Other: statement from ArtStation https://magazine.artstation.com/2021/03/a-statement-from-artstation/ CryptoArt.wtf http://cryptoart.wtf/ Link to the Crypto News Recap: https://unchainedpodcast.com/a-69-million-nft/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 12, 202139 min

Ep 218Can dYdX Become a Decentralized BitMEX? How It Is Scaling With StarkWare - Ep.218

Antonio Juliano, founder of the decentralized exchange dYdX, and Eli Ben-Sasson, cofounder of StarkWare, discuss the recent launch of dYdX on Ethereum layer 2 using StarkWare’s scaling technology. In this episode, they cover: what cross-margin perpetual trading is and why dYdX chose StarkWare to be its scaling partner (1:13) ZK rollups and how they contrast with optimistic rollups (8:49) how many transactions per second StarkWare can handle through its layer 2 solution (16:57) lessons learned and critical takeaways from their six months spent working together (20:15) the similarities between Ethereum and StarkNet (26:07) why Antonio believes that scalability is more important than composability (27:30) the benefits of decentralized exchanges and how dYdX fits into the dex marketplace (31:54) why dYdX chose Chainlink as its oracle provider, and how it got oracle prices onto layer 2, which previously had none (38:11) why Cairo, StarkWare’s Turing-complete programming language and platform, can be the “one verifier to rule them all” (42:10) what it was like for StarkWare to compete in the Great Reddit Scaling Bake-Off (45:41) whether or not DeFi could handle a GameStop/Robinhood situation (48:56) fair launch tokens versus VC tokens (54:12) the likelihood of dYdX and StarkWare each creating a token (58:19) upcoming developments and projects for both companies (1:02:14) Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 Download the Crypto.com app here: https://crypto.onelink.me/J9Lg/laurashinpodcasttesla Square: https://square.com/go/unchained Episode Links: Antonio Juliano Twitter: https://twitter.com/AntonioMJuliano Eli Ben-Sasson Twitter: https://twitter.com/EliBenSasson dYdX Twitter: https://twitter.com/dydxprotocol Website: https://dydx.exchange/ Exchange: https://alpha.dydx.exchange/trade/BTC-USD Reading Material Recent funding: https://www.coindesk.com/big-guns-back-10m-investment-in-defis-dydx 2020 in review: https://dydx.exchange/2020.pdf Decrypt profile: https://decrypt.co/resources/dydx-ethereum-margin-trading-platform-explained-learn Medium post: https://medium.com/dydxderivatives/introducing-dydx-2d0f0f326fd StarkWare Twitter: https://twitter.com/StarkWareLtd Website: https://starkware.co/ Reading Material: ZK roll-up explainer: https://medium.com/starkware/on-the-road-to-starknet-a-permissionless-stark-powered-l2-zk-rollup-83be53640880 Understanding Cairo: https://medium.com/starkware/hello-cairo-3cb43b13b209 Funding: https://www.coindesk.com/paradigm-leads-30-million-funding-for-crypto-privacy-startup-starkware dYdX and StarkWare Relationship Original Twitter announcement (2020): https://twitter.com/dydxprotocol/status/1295791012552597507?s=20 The Block’s original coverage: https://www.theblockcrypto.com/linked/75209/dex-dydx-starkware-layer-2 Layer 2 is live announcement: https://twitter.com/dydxprotocol/status/1364591430447091719 Blog post on why dYdX is moving to Layer 2 (2021): https://dydx.exchange/blog/alpha CoinDesk’s coverage: https://www.coindesk.com/defi-tech-cefi-speed-dydx-touts-new-starkware-integration Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 9, 20211h 10m

Ep 217Unconfirmed: Is Coinbase Stock a Good Buy? This Analyst Says Yes - Ep.217

Gil Luria, director of research at D.A. Davidson, talks about the upcoming Coinbase direct listing and his recent research note, “Introducing Crypto’s Amazon Moment.” In this episode, Gil discusses: his crypto background, including his experience as the first Wall Street analyst to cover Bitcoin back in 2013 (1:27) why the Coinbase IPO is going to be an inflection point for the crypto industry (3:02) why he gave Coinbase's upcoming stock a “buy” rating (4:14) who Coinbase's biggest competitors are (5:13) why Gil believes Coinbase is the “gold standard” in crypto (6:29) how investing in Coinbase stock compares to investing in actual crypto assets (8:13) how he came to $195 price target for COIN (10:39) why a $2 billion revenue estimate for Coinbase in 2021 might be conservative (12:01) how Coinbase is generating money outside of transaction fees (14:19) whether he expects the institutional adoption trend to grow (15:49) what his expectations are for the price of COIN on the day it opens (17:20) why GBTC is no longer trading at a premium to the spot price of bitcoin (18:20) whether Gil will continue to cover crypto (20:05) crypto News Recap (20:53) Thank you to our sponsor! Crypto.com: https://bit.ly/3jzkTAD Download the Crypto.com app here: https://crypto.onelink.me/J9Lg/laurashinpodcasttesla Episode links: Gil Luria’s Twitter profile: https://twitter.com/gilluria Crypto’s Amazon Moment: https://markets.businessinsider.com/currencies/news/coinbase-direct-listing-public-coverage-stock-price-amazon-cryptocurrency-dadavidson-2021-3-1030150896 Introducing Crypto’s Amazon Moment: https://unchainedpodcast.com/wp-content/uploads/2021/03/DA-Davidson-Coinbase-Initiation-20210302.pdf Coinbase S-1 Filing: https://www.sec.gov/Archives/edgar/data/1679788/000162828021003168/coinbaseglobalincs-1.htm 2013 Quote from Gil on Bitcoin: https://www.streetinsider.com/Analyst+Comments/Bitcoin+Could+Be+Worth+10-100x+Current+Price+-+Analyst/8936836.html Link to the Crypto News Recap: https://unchainedpodcast.com/the-irs-clarifies-its-position-on-crypto-purchases/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 5, 202134 min

Ep 216Caitlin Long: Why Avanti Will Be a New Kind of Crypto Bank - Ep.216

Caitlin Long, founder and CEO of Avanti Financial Group, talks about the issues plaguing the current state of technology in traditional finance and how her background as a 22-year Wall Street veteran, gubernatorial appointee to the Wyoming Blockchain Task Force, and crypto pioneer is helping her shape Avanti into a bridge between conventional banking and crypto. Tune in to hear Caitlin discuss: the current state of crypto adoption on Wall Street (1:09) how her entrepreneurial spirit galvanized a career spanning Wall Street, the Wyoming Legislature, and, now, crypto banking (2:07) why Caitlin fell in love with Bitcoin (4:57) fractional reserves and why the current financial system is a “violation of property rights” (7:00) how stablecoin technology will change banking leverage and what effects faster settlement times will have on inflation (11:30) why corporate treasurers have been using BTC since 2014 in foreign exchange transactions (17:14) what issues Wyoming is trying to solve through crypto legislation and why banks might be closing down customer accounts linked to crypto exchanges (19:18) a proposed Wyoming bill that would prohibit judges from disclosing private cryptographic keys (28:32) where the idea for Avanti came from and how it will be different than other banks (32:50) existing problems with stablecoin regulation and a deep-dive into GAAP accounting for crypto (46:51) why Wall Street’s accounting system is to blame for the GameStop and Robinhood situation (52:32) whether or not a blockchain could work for settling securities (52:32) her thoughts on pension funds and endowments directly owning crypto (59:54) what it is going to take for Avanti to successfully bridge the gap between traditional finance and crypto (1:02:38) Thank you to our sponsors! Crypto.com: https://bit.ly/3jzkTAD Download the Crypto.com app here: https://crypto.onelink.me/J9Lg/laurashinpodcasttesla Square: http://square.com/go/unchained Episode links: Caitlin Long Twitter: https://twitter.com/CaitlinLong_ Personal website: https://caitlin-long.com/ CoinDesk profile: https://www.coindesk.com/most-influential/2019/caitlin-long Avanti Website: https://avantibank.com/ Twitter announcement: https://twitter.com/CaitlinLong_/status/1231958552790482950 Avit: https://www.coindesk.com/unpacking-the-avit-avanti-banks-new-digital-asset-being-built-with-blockstream Banking charter: https://www.forbes.com/sites/michaeldelcastillo/2020/10/28/avanti-unanimously-wins-bitcoin-banking-charter/?sh=50db610816aa Wyoming and blockchain: https://www.coindesk.com/haven-blockchain-case-wyoming GAAP accounting and crypto: https://twitter.com/CaitlinLong_/status/1356759511856410624 Trust charter vs. SPDI: https://twitter.com/CaitlinLong_/status/1349850451374587907 Special purpose depository institutions: https://twitter.com/CaitlinLong_/status/1194022779730968577 Bailment: https://www.forbes.com/sites/andreatinianow/2019/03/07/a-split-emerges-in-blockchain-law-wyomings-approach-versus-the-supplemental-act/?sh=49635109719a Caitlin on GameStop: https://www.coindesk.com/first-mover-crypto-gamestop-bitcoin-dogecoin Previous Episodes On How 'Utility Tokens' Are Now Legal in Wyoming, 2018 Why the ICE/BAKKT News Makes Some Crypto Investors Nervous, 2018 How Avanti Will Be a 'Not Your Keys, Not Your Coins' Bank, Feb 2020 Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 2, 20211h 6m

Ep 215Unconfirmed: Coinbase's S-1: The Number That May Make the Exchange Nervous - Ep.215

Jeff Roberts, executive editor at Decrypt and author of “King of Crypto: One Startup’s Quest to take Cryptocurrency Out of Silicon Valley and Onto Wall Street” talks about Coinbase going public. In this episode we discuss: Jeff's biggest takeaways from Coinbase’s S-1 filing (0:56) why institutions are choosing Coinbase (2:42) how Coinbase going public feels like validation for bitcoiners (4:37) issues Coinbase may face as a business that currently generates 96% of revenue through transaction fees (6:25) Why Surojit Chatterjee has so much equity in Coinbase (11:29) why Coinbase has only invested $130 million in crypto through its corporate treasury (12:26) whether or not decentralized exchanges like Uniswap pose a threat to Coinbase, and whether unregulated centralized exchanges might squeeze them from the other end (15:41) challenges Coinbase will face going forward (19:13) how well the stock will do once it's listed (20:05) Crypto News Recap (20:59) Thank you to our sponsor! Crypto.com: https://bit.ly/3jzkTAD Download the Crypto.com app here: https://crypto.onelink.me/J9Lg/laurashinpodcasttesla Episode Links Jeff Roberts Twitter: https://twitter.com/jeffjohnroberts Personal Website: https://jeffjohnroberts.com/ Decrypt: https://decrypt.co Kings of Crypto: https://store.hbr.org/product/kings-of-crypto-one-startup-s-quest-to-take-cryptocurrency-out-of-silicon-valley-and-onto-wall-street/10436 Coinbase S-1 Filing Information S-1 Form: https://www.sec.gov/Archives/edgar/data/1679788/000162828021003168/coinbaseglobalincs-1.htm Coinbase Profit: https://decrypt.co/59347/coinbase-big-profit-for-2020-ahead-of-milestone-ipo-direct-listing S-1 Deep Dive: https://www.theblockcrypto.com/post/95921/coinbases-s-1-public-filing-is-now-public-setting-stage-for-a-direct-listing-on-nasdaq Sending to Satoshi Nakamoto: https://decrypt.co/59509/coinbase-s-1-filing-bitcoin-satoshi-nakamoto + https://twitter.com/laurashin/status/1364954956571279369 Share Distribution: https://decrypt.co/59439/coinbase-insiders-very-rich-goes-public Pre-IPO Shares: https://www.theblockcrypto.com/linked/96057/coinbase-pre-ipo-shares-ftx-s1 Armstrong Income: https://www.coindesk.com/coinbase-sec-form-s-1 Balance Sheet: https://www.theblockcrypto.com/post/96021/coinbase-says-holds-bitcoin-btc-on-balance-sheet Transaction Revenue: https://twitter.com/lawmaster/status/1364972834167148548 Link to the Crypto News Recap: https://unchainedpodcast.com/the-one-figure-in-the-coinbase-s-1/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 26, 202135 min

Ep 214Paxos's Charles Cascarilla - How Blockchain Tech Could Prevent Another GameStop/Robinhood - Ep.214

In this episode of Unchained, Charles Cascarilla, CEO and cofounder of Paxos, explains how the 2008 financial crisis led him to crypto, what financial plumbing has to do with GameStop, and how Paxos is leveraging blockchain technology to change financial services. In this episode Charles discusses: his work experience prior to Paxos and how the financial crisis in 2008 opened his eyes to Bitcoin and blockchain (01:07) what it was like to work in Bitcoin during the early days compared to now (4:02a) why Paxos decided to focus on building solutions for institutions rather than targeting the retail market like Coinbase (11:38) the relationship between Paxos and PayPal + why PayPal customers can’t send crypto directly to their wallets or crypto addresses yet (19:37) how Microstrategy and Tesla are bringing Bitcoin mainstream (25:31) what really happened with GameStop and Robinhood and why financial plumbing matters (30:34) how the Paxos Settlement Service is bringing greater transparency to financial markets by using blockchain technology (39:02) what other assets he thinks will be tokenized (50:32) stablecoin regulation and why this might be as good as it gets for Tether (58:36) why Paxos chose to pursue a New York State trust company charter instead of a BitLicense (1:06:15) what changes he would make to crypto regulation for 2021 and beyond (1:09:28) what’s next for Paxos (1:15:12) Thank you to our sponsors! Crypto.com: https://bit.ly/3jzkTAD Download the Crypto.com app here: https://crypto.onelink.me/J9Lg/laurashinpodcasttesla Square: https://square.com/go/unchained Episode links: Charles Cascarilla Linkedin: https://www.linkedin.com/in/charlescascarilla/ Coindesk Profile: https://www.coindesk.com/charles-cascarilla-most-influential-2020 Previous interview with Laura: https://unchainedpodcast.com/chad-cascarilla-on-paxoss-partnership-with-paypal/ Presentation at Microstrategy’s Bitcoin for Corporation’s conference: https://www.microstrategy.com/en/bitcoin/videos/paxos Blog post on the GameStop saga: https://www.paxos.com/what-lehman-brothers-gamestop-and-the-next-financial-crisis-have-in-common/ Interview with Frank Chaparro: https://www.theblockcrypto.com/post/61823/the-scoop-paxos-cascarilla-coronavirus Paxos Twitter: https://twitter.com/PaxosGlobal + https://twitter.com/PaxosStandard Paxos Settlement Service: https://www.paxos.com/securities/ + https://www.reuters.com/article/us-crypto-currencies-paxos/paxos-to-launch-settlement-of-u-s-listed-equities-after-secs-no-action-letter-idUSKBN1X727M Series C Fundraising: https://www.theblockcrypto.com/post/88133/142-million-series-c-paxos-crypto-stablecoins Wall Street Journal write-up: https://www.wsj.com/articles/blockchain-makes-inroads-into-the-stock-markets-1-trillion-plumbing-system-11573131600 Plans to tokenize precious metals: https://www.theblockcrypto.com/linked/15413/paxos-plans-to-put-precious-metals-on-the-blockchain Other Links Paypal’s crypto-focused business unit: https://www.theblockcrypto.com/post/93668/paypal-crypto-business-unit-earnings-2021 Paypal’s Q4 earnings: https://www.coindesk.com/paypal-2020-results-outstanding-finish-to-a-record-year Stablecoin rankings: https://stablecoinstats.com/ Tether whitepaper: https://tether.to/wp-content/uploads/2016/06/TetherWhitePaper.pdf BitLicense: https://www.dfs.ny.gov/apps_and_licensing/virtual_currency_businesses/regulation_history Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 23, 20211h 18m

Ep 213Unconfirmed: Girl Gone Crypto: How These Wildly Entertaining Crypto Videos Get Made - Ep.213

Lea Thompson, aka Girl Gone Crypto, talks about what goes into producing her popular “The Crypto Minute” vlog, what initially got her into crypto, and her recent decision to quit her day job and go full time crypto. In this episode we discuss: what “The Crypto Minute” is all about, and all the crypto video content she produces (2:37) how Lea comes up with creative content such as wearing a whale costume to portray Microstrategy CEO Michael Saylor (5:04) how long it actually takes to create “The Crypto Minute” (6:36) what goes into producing “The Crypto Minute” and which family member is behind the camera (7:05) the biggest challenges Lea faces when creating her videos and how she decides which stories make the final cut (8:56) Lea’s favorite bloopers including, but not limited to, rug pulls, sushi, an Amazon money printer, and a few fake $100 bills (10:28) how Girl Gone Crypto fell down the crypto rabbit hole and why her ukulele skills were instrumental to her crypto journey (12:54) the time when JK Rowling tweeted about Bitcoin, resulting in Lea’s viral “A Muggle’s Guide to Bitcoin” video (17:31) what type of crypto content works best on different social media platforms such as Twitter, YouTube, and TikTok (20:00) when Girl Gone Crypto stopped being a hobby and how it is going now that Lea is full-time crypto (21:46) how Lea is trying to educate people about crypto in a simple and approachable way… one ninja suit at time (22:34) Crypto News Recap (26:12) Thank you to our sponsors! Crypto.com: https://bit.ly/3jzkTAD Download the Crypto.com app here: https://crypto.onelink.me/J9Lg/laurashinpodcasttesla The Sun Exchange: http://thesunexchange.com/unconfirmed Episode links: Lea Thompson: https://twitter.com/girlgone_crypto Her YouTube: https://www.youtube.com/c/GirlGoneCrypto Her TikTok: https://www.tiktok.com/@girlgone_crypto?source=h5_m Lea's personal website: https://www.lealovescrypto.com/ Video Examples 2020 Year in Review… News Vlog Style: https://twitter.com/girlgone_crypto/status/1344384717466914817?s=20 A Muggle’s Guide to Bitcoin: https://twitter.com/girlgone_crypto/status/1261445010832015361?s=20 Hardware Wallets Explained: https://twitter.com/girlgone_crypto/status/1329580439820849153?s=20 Miscellaneous Information Fair Use: https://www.copyright.gov/fair-use/more-info.html Money Printer: https://www.amazon.com/Printing-Machine-Magician-Close-Up-Accessories/dp/B07XRBDCL8 Link to the Crypto News Recap: https://unchainedpodcast.com/a-300k-btc-by-eoy/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 19, 202140 min

Ep 212Stani Kulechov on Why Aave Is So Successful - Ep.212

Stani Kulechov, founder and CEO of Aave, comes onto the show to discuss the lending protocol and second-biggest DeFi project by total value locked. Here are some of the highlights: How Stani’s background studying law and his passion for fintech led him to the world of smart contracts (1:53) Why he decided to transition ETHLend to Aave, and how that eliminated the “meme” narrative (5:55) How Stani would explain Aave to a five-year-old, or your normie friend (9:04) What new features were released in Aave v2 (15:54) reducing overall gas costs aTokens swapping collateral debt tokens What Aavenomics is and how the “safety module” attempts to keep the protocol secure (20:39) How AAVE works as a governance token Active versus passive risk in governance staking How Aave is transitioning from a centralized to a decentralized protocol (25:01) what he's finding difficult about this process issues with voting and an over-reliance on the Aave team delegating voting power to what he calls “protocol politicians” and whether this is good or bad for DeFi Who is using Aave and how they are using it? (37:27) what OpenLaw is and how OpenLaw contracts work how credit delegation, or unsecured loans enforced by law, differ in v2 vs V1 how people could use lending protocols to build credit What Aave plans to do with the E-Money (EMI) license it obtained in the UK (50:51) Since Aave was a pioneer in flash loans, which are responsible for the majority of DeFi attacks, whether Stani would do anything differently (53:12) Aave’s partnership with tokenized real estate project RealT and how Aave manages it given that, in the US, RealT tokens are securities and can only be sold to accredited investors (58:42) How Aave has been thinking about scaling given the high fees on Ethereum (1:03:57) Why building a moat in DeFi is impossible (1:07:16) What is next for Aave (1:11:40) Thank you to our sponsors! Crypto.com: https://crypto.com/ Episode links: Stani Kulechov: https://twitter.com/StaniKulechov Aave: https://aave.com Aave stats: https://aavewatch.com Protocols mentioned ETHLend: https://www.prnewswire.com/news-releases/ethlend-announces-launch-of-new-parent-company-aave-300713825.html Aavegotchi: https://www.coindesk.com/defi-game-aavegotchi-preps-for-jan-4-mainnet-launch-with-nft-auctions RealT: https://medium.com/aave/realt-market-coming-to-the-aave-protocol-da4499a1e965 Yearn: https://yearn.finance/ Uniswap: https://uniswap.org/ Sushiswap: https://sushiswap.fi/ Kyber: http://kyber.network/ Balancer: https://balancer.finance/ $LINK: https://chain.link/ Aavenomics Aave’s documentation: https://docs.aave.com/aavenomics/ Safety Module: https://docs.aave.com/aavenomics/safety-module Summary: https://aave.com/aavenomics/ More background: https://defirate.com/aavenomics-upgrade/ Decentralization concepts Handing off admin keys: https://decrypt.co/46544/aave-officially-hands-over-governance-keys-to-defi-community + https://medium.com/aave/aave-admin-key-handover-3e09e603d348 OpenLaw: https://www.openlaw.io/ Protocol Governance: https://www.theblockcrypto.com/linked/73336/defi-lending-aave-token + https://docs.aave.com/developers/protocol-governance/governance Other topics Electronic Money Licence: https://www.theblockcrypto.com/post/75845/aave-uk-fca-emi-license-defi Unsecured Loans: https://www.theblockcrypto.com/post/70678/aave-launches-new-service-for-unsecured-peer-to-peer-loans-on-ethereum Flash Loans: https://www.theblockcrypto.com/genesis/93740/flash-loans-as-a-capital-boost-tool Aave Version 2: https://medium.com/aave/the-aave-protocol-v2-f06f299cee04 + https://github.com/aave/protocol-v2/blob/master/aave-v2-whitepaper.pdf Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 16, 20211h 16m

Ep 211Lyn Alden and Raoul Pal: Is Ethereum a Good Investment? - Ep.211

Lyn Alden, CEO and founder of Lyn Alden Investment Strategies, and Raoul Pal, CEO & cofounder of Real Vision Group & Global Macro Investor, explain their thinking about Ethereum and its native token, and talk about their perspective on GameStop. In this episode, we discuss: why Raoul views ether as similar to bitcoin at a macro level (1:25) why Lyn decided ETH was not currently investable (5:06) an analysis of utility protocols (John Pfeffer’s paper) (6:55) counterarguments to John Pfeffer’s paper (9:31) how to allocate between BTC and ETH (11:22) why Raoul also invested in other coins beyond BTC and ETH (11:47) whether Metcalfe's law applies equally to all kinds of networks (13:35) why Lyn views Ethereum’s use case as circular, and why that makes it less investable (15:09) whether Ethereum 2.0 and Ethereum Improvement Proposal 1559, and whether that could make ETH more investable (21:20) the impact of fees on the value of Ethereum (23:36) Raoul's views on what S-Curves and the Lindy Effect indicate about the development of a currency (25:22) how high fees make DApps less attractive, while low fees potentially decrease demand for ETH (27:06) how Lyn believes demand for DeFi is to circumvent compliance and know-your-customer processes, and she doesn't also see that as a downside for Bitcoin (33:10) how the regulators are behind innovation in cryptocurrencies, particularly around taxation (36:32) Raoul's and Lyn's predictions for the ETH price by end of 2021 (41:45) what GameStop says about the democratization of financial information (45:32) whether smart contracts could play in preventing situations similar to what happened with GameStop and/or Robinhood (49:03) how blockchain technology could be used to prevent a situation in which the hedge funds could short more shares than existed (54:03) how the GameStop/Robinhood saga is a giant advertisement for self-custody (54:53) whether r/WallStreetBets' behavior was market manipulation or not (56:53) Thank you to our sponsor! Crypto.com: http://crypto.com Episode links: Lyn Alden: https://twitter.com/LynAldenContact Lyn Alden Investment: https://www.lynalden.com/ Raoul Pal: https://twitter.com/RaoulGMI Real Vision: https://www.realvision.com/contributor/raoul-pal Global Macro Investor: https://www.globalmacroinvestor.com Raoul's tweet storm on Ethereum: https://twitter.com/RaoulGMI/status/1347013567799848961?s=20 Lyn Alden’s research paper on Ethereum: https://www.lynalden.com/ethereum-analysis/ Raoul Pal’s tweet: ETH equals BTC: https://twitter.com/raoulgmi/status/1347013567799848961?lang=en John Pfeffer’s paper: https://s3.eu-west-2.amazonaws.com/john-pfeffer/An+Investor's+Take+on+Cryptoassets+v6.pdf Network effects and Metcalfe’s Law: https://saylordotorg.github.io/text_developing-new-products-and-services/s04-12-there-is-power-in-numbers-netw.html Quantity Theory of Money: https://saylordotorg.github.io/text_economics-theory-through-applications/s30-01-the-quantity-theory-of-money.html How Will the Government React to GameStop?: https://www.coindesk.com/gamestop-regulators-response GameStop and Crypto trading: https://cryptonews.com/exclusives/are-gamestop-style-surges-in-crypto-any-different-from-old-p-9151.htm Robinhood Raises Extra funds: https://www.theblockcrypto.com/linked/93258/report-robinhood-billions-raised-investors-1 Possible role of blockchain in trading: https://cointelegraph.com/news/cardano-foundation-ceo-says-blockchain-could-prevent-gme-type-showdowns Caitlin Long: https://www.forbes.com/sites/caitlinlong/2019/05/16/naked-shorting-in-the-uber-ipo-it-couldnt-happen-on-a-blockchain/?sh=f2a0dcd4737d Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 9, 20211h 8m

Ep 210Everything You Need to Know About Your 2020 Crypto Taxes - Ep.210

In this episode, Shehan Chandrasekara, head of strategy at CoinTracker, and Dan Hannum COO at Zen Ledger, take a deep dive into the world of crypto taxes. Over an hour and fifteen minutes they tackle a bevy of topics ranging from why the IRS is asking about your crypto history to explaining the proper way of reporting yield farming income. Shehan and Dan give up their hard-earned tax secrets and tips learned through building their respective cutting-edge crypto tax software. Here is a list of talking points covered in the discussion: how the IRS is handling crypto this year (1:20) where to start with reporting crypto and what constitutes a taxable event (5:59) bitcoin corner cases: mining, with a description of calculating cost basis (19:48) wages (27:01) peer-to-peer transactions outside of exchanges (28:23) defi and taxes: yield farming — and how it's like Russian nesting dolls (31:45) how the IRS taxes earned interest (36:32) airdrops (40:15) crypto transactions that are not taxable: purchases, withdrawals, and stablecoins (46:28) navigating tax documents (51:24-58-10) NFT’s and social tokens (57:14) tax loss harvesting (1:03:09) how having coins on platforms like Robinhood and Paypal can have an effect on your taxes (1:05:05) proposed tax changes (1:06:50) crypto tax software and tips for the upcoming year (1:10:29) Thank you to our sponsor! Crypto.com: http://crypto.com Episode links: Guests Shehan Chandrasekara: https://twitter.com/TheCryptoCPA Dan Hannum: https://twitter.com/DHannum8 Software CoinTracker: cointracker.io ZenLedger: zenledger.io Accounting LIFO, HIFO, FIFO: https://www.forbes.com/sites/shehanchandrasekera/2020/09/17/what-crypto-taxpayers-need-to-know-about-fifo-lifo-hifo-specific-id/?sh=7077f8e936aa (written by Shehan) 1040 Question: https://fortune.com/2020/09/28/the-irs-is-adding-a-cryptocurrency-question-to-form-1040-for-2020/ 1099 Misc: https://www.irs.gov/pub/irs-pdf/f1099msc.pdf 1099 B: https://www.irs.gov/forms-pubs/about-form-1099-b Regulatory research: 2014 IRS Tax Guidance: https://www.irs.gov/pub/irs-drop/n-14-21.pdf IRS Virtual Currency page: https://www.irs.gov/businesses/small-businesses-self-employed/virtual-currencies IRS gains and losses: https://www.irs.gov/pub/irs-pdf/p550.pdf Equipment write-offs: https://www.section179.org/section_179_deduction/ IRS sues Coinbase: https://www.theverge.com/2017/11/29/16717416/us-coinbase-irs-records How holding crypto at PayPal or Robinhood or any platform that does not allow you to transfer to an address off-platform could affect your taxes: https://www.forbes.com/sites/shehanchandrasekera/2021/01/28/exiting-robinhood-could-create-a-tax-nightmare-for-crypto-users/?sh=106b74a84ad6 De minimis exemption: https://www.investopedia.com/ask/answers/09/series63-050509.asp#:~:text='The%20De%20Minimis'%20exemption%20means,period%20with%20a%20physical%20address. FinCEN intends to apply FBAR to cryptocurrency held offshore: https://www.coindesk.com/fincen-foreign-crypto-exchange-disclosure-rule Backstory: Bitcoin Cash Fork: https://www.coindesk.com/bitcoin-cash-has-split-into-two-new-blockchains-again Yield farming and social tokens: https://decrypt.co/resources/what-is-yield-farming-beginners-guide https://www.cointracker.io/blog/defi-yield-farming-crypto-tax-guide (written by Shehan) Alex Masmej: https://www.coindesk.com/man-who-sells-himself-now-wants-buyers-to-control-his-life Crypto tax guides BlockFi: https://blockfi.com/crypto-tax-laws Coinbase: https://www.coinbase.com/learn/tips-and-tutorials/crypto-and-bitcoin-taxes-US Nerd Wallet: https://www.nerdwallet.com/article/investing/bitcoin-taxes Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 2, 20211h 16m

Ep 209Why Bitcoin Now: Michael Saylor on the Best Way for Companies to Buy Bitcoin - Ep.209

Michael Saylor, CEO and founder of Microstrategy, explains how he decided the publicly traded business data firm needed to put its excess cash in bitcoin and what happened afterward. In this episode, we discuss: why Microstrategy decided to buy Bitcoin, and how the pandemic spurred that whether his previous experience with Microstrategy stock imploding after accounting irregularities were revealed had any bearing on the company's decision to buy bitcoin the reactions of the officers and board members to his suggestion to invest in bitcoin why they put all the excess cash into bitcoin as opposed to some percentage what parts of the bitcoin industry could be improved to better serve corporate interests whether Microstrategy intends to take any money off the table at the top of any future bubbles and reinvest when the price hits a new low whether it hurts Microstrategy that GAAP rules require the company to mark Bitcoin down to the lowest price it traded at during the quarter how his life has changed since Microstrategy bought bitcoin what he thought of Citi downgrading Microstrategy stock what he thinks of Renaissance Technology being the third-largest buyer of Microstrategy stock since the summer what will happen to Microstrategy stock in a bitcoin bear market whether or not there was any further conversation after his tweets with Elon Musk what types of companies, and how many, have been talking with him, expressing interest in buying bitcoin what will happen at the Bitcoin for Companies conference what type of bitcoin data products they are contemplating offering what he thinks will happen to the USD’s global reserve currency status what it would take for him to sell any bitcoin Thank you to our sponsors! Crypto.com: http://crypto.com 1inch: http://1inch.exchange Episode links: Michael Saylor: https://twitter.com/michael_saylor Microstrategy: https://www.microstrategy.com/en Bitcoin for Corporations: https://www.microstrategy.com/en/resources/events/world-2021/bitcoin-summit Microstrategy purchases an additional $10 million in bitcoin: https://www.microstrategy.com/content/dam/website-assets/collateral/financial- documents/financial-document-archive/Form-8-K_jan-22-2021.pdf Unchained interview with Saifedean Ammous: August 11, 2020: Microstrategy adopts Bitcoin as its primary reserve asset: August 11, 2020: Microstrategy makes tender offer to purchase up to $250 million of its common stock: September 11, 2020: Microstrategy to purchase $60.5 million of common stock: Plan to offer $550 million in convertible notes: https://www.theblockcrypto.com/linked/87120/microstrategy-550m-convertible-notes-bitcoin Microstrategy announces over $1 billion in Bitcoin purchases in 2020: Michael Saylor’s 2013 tweet on Bitcoin: https://twitter.com/michael_saylor/status/413478389329428480?s=20 Forbes expose on unusual accounting practices by Microstrategy back in 2000: https://www.forbes.com/global/2000/0306/0305024a.html?sh=46312df01674 April 2000 profile of Michael in The New Yorker: https://archives.newyorker.com/newyorker/2000-04-03/flipbook/034/ SEC enforcement action against Microstrategy: https://www.sec.gov/litigation/admin/34-43724.htm Forbes profile after the SEC enforcement action: https://www.forbes.com/2000/12/18/1218faces.html?sh=523061e03bf9 Forbes announcing Microstrategy would restate earnings after its expose: https://www.forbes.com/2000/03/20/mu3.html?sh=21efe89d1ee6 Summary of SEC action: Citi downgrading MSTR: Renaissance Technologies has been third-largest buyer of Microstrategy’s stock since the summer: https://www.theblockcrypto.com/linked/87194/renaissance-technologies-microstrategy-bitcoin Microstrategy contemplating bitcoin data products: https://www.theblockcrypto.com/post/85310/microstrategy-bitcoin-data-products Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 26, 20211h 39m

Ep 208The SEC's Lawsuit Against Ripple and 2 Execs: What You Need to Know - Ep.208

Stephen Palley, partner at Anderson Kill. and Gabriel Shapiro, partner at BSV Law, discuss the SEC's lawsuit against Ripple and two executives, Chris Larsen and Bard Garlinghouse. In this episode, they explain: what was so "egregious" that the SEC went after two executives, Chris Larsen and Brad Garlinghouse, were charged why their sales showed an information asymmetry, and why that matters why the complaint comes close to being a fraud case, but why the SEC didn't charge them with fraud why the idea that XRP is a currency and therefore cannot be a security will likely not fly why it's unlikely the case will go to the Supreme Court the SEC's case for why XRP is a security, and Ripple's role in it how even on a technical level, the XRP network is centralized how strong the SEC's case is against Larsen and Garlinghouse Stephen's and Gabriel's predictions on how the lawsuit will play out how this will likely impact XRP investors whether or not Ripple could become an SEC-reporting company and XRP a security what happened with Ripple's lead investor in its most recent fundraising round whether or not the SEC might go after exchanges or other players who made money off XRP or collaborated with Ripple around XRP trading what this means for Coinbase, in particular, because it's going public later this year what Ripple's defense, in its summarized Wells submission, was how this case compares to some of the other big SEC/crypto securities cases, Kik/Kin and Telegram whether there might ever be a digital token that is determined to be a security for specific transactions but not others what the wider implications of the case are for the rest of the crypto industry Thank you to our sponsors! Crypto.com: http://crypto.com 1inch: https://1inch.exchange Episode links: Stephen Palley: https://twitter.com/stephendpalley Gabriel Shapiro: https://twitter.com/lex_node SEC lawsuit against Ripple: https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf SEC lawsuit against Ripple being close to a fraud case: https://twitter.com/stephendpalley/status/1341523294344896515?s=20 Former SEC commissioner Joe Grundefest on the case: https://www.theblockcrypto.com/linked/89164/former-sec-commissioner-says-ripple-lawsuit-will-cause-multi-billion-dollar-losses-to-innocent-third-parties Other lawsuit against Ripple: https://www.courtlistener.com/recap/gov.uscourts.cand.334410/gov.uscourts.cand.334410.115.0.pdf Technical assessment of Ripple network: https://cryptobern.github.io/noconsensusripple/ Tetragon’s case against Ripple: https://twitter.com/stephendpalley/status/1346531087971999749?s=20 What the case means for exchanges: https://www.coindesk.com/coinbase-delist-xrp-exchanges-dilemma Coinbase suspends trading in XRP: https://blog.coinbase.com/coinbase-will-suspend-trading-in-xrp-on-january-19-2e09652dbf57 https://www.coindesk.com/coinbase-suspends-xrp-trading Lawsuit against Coinbase: https://www.bloomberg.com/news/articles/2020-12-30/coinbase-sued-over-xrp-commissions-after-sec-pursues-ripple?sref=m9L277rN https://twitter.com/stephendpalley/status/1344352455895691269?s=20 People in the industry thinking for a while that XRP is a security: https://www.theblockcrypto.com/genesis/57366/xrp-is-probably-a-security-dont-at-me Mary Jo White: https://www.coindesk.com/former-sec-chair-represents-ripple-xrp-lawsuit Ripple’s Wells submission: https://ripple.com/wp-content/uploads/2020/12/Ripple-Wells-Submission-Summary.pdf Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 19, 20211h 10m

Ep 207Willy Woo: How Bitcoin Reaches up to $300,000 by End of Year - Ep.207

Willy Woo, a prominent on-chain Bitcoin analyst and author of the “The Bitcoin Forecast,” a market intelligence newsletter, explains the parabolic activity of Bitcoin in the past month. We cover: why he thinks Bitcoin has more than doubled in the last month what the "double pump" market is and why Bitcoin may see two rallies this cycle what stage of the Bitcoin bull market we are currently in who is buying, and how they've differed from previous investors who still is yet to buy this cycle why Bitcoin hitting new all-time highs mean that we're in "uncharted price discovery" how his "top cap model" shows Bitcoin could be around $95k by end of year and how if certain trends accelerate, it could reach $200,000-$300,000 by year's end how the pandemic impacted Bitcoin’s price what on-chain movements he's seeing that make him call the current cycle of Bitcoin "whale spawning season” how to gauge the increasingly rapid investor activity what to expect from Bitcoin and Ethereum in 2021 Thank you to our sponsors! Crypto.com: http://crypto.com 1inch: http://1inch.exchange Episode links: Willy Woo: https://twitter.com/woonomic Woobull.com: http://charts.woobull.com Willy on Unconfirmed: https://unchainedpodcast.com/willy-woo-on-why-its-an-extremely-great-time-to-buy-bitcoin/ Fibonacci traces tweet: https://twitter.com/woonomic/status/1347433551906500614?s=20 Bitcoin reflexivity: https://twitter.com/woonomic/status/1344189627997949952/photo/1 Who has been buying recently: https://twitter.com/woonomic/status/1347127159538688002?s=20 Double pump bull market: https://twitter.com/woonomic/status/1346889817792004096?s=20 Buying by long-term holders: https://twitter.com/woonomic/status/1346827893322616833/photo/1 What percentage of the Bitcoin supply is liquid: https://insights.glassnode.com/bitcoin-liquid-supply/ Premium above NVT Price: https://twitter.com/woonomic/status/1346797291668029440/photo/1 Accumulation of BTC before the OCC announcement: https://twitter.com/woonomic/status/1346296294797582336/photo/1 Will never see a $20k BTC again: https://twitter.com/woonomic/status/1345660018541019138?s=20 Bitcoin as investment vs. tech: https://twitter.com/woonomic/status/1345221723751206912?s=20 NVT Ratio: http://charts.woobull.com/bitcoin-nvt-ratio/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 12, 20211h 13m

Ep 206Central Bank Digital Currencies: How Should Privacy Be Built In? - Ep.206

This panel, from a panel for the fifth anniversary of Hyperledger, features Rob Palatnick, managing director of global head of technology research and innovation at the DTCC and chairman of the Hyperledger board, Matthieu Saint Olive, Codefi payments product manager and CBDC advisor at ConsenSys, and Robert Bench, assistant vice president at the Federal Reserve Bank of Boston. In this discussion on the current outlook on central bank digital currencies (CBDCs), they cover: what main problems CBDCs can solve whether CBDCs should be open sourced why building a new technology for CBDCs is preferred over using existing tech how concerns over CBDCs and their privacy implications differ across countries what possible pain points or opportunities CBDCs pose for central banks whether CBDCs should be blockchain-based to what extent CBDCs will be distributed and open networks, and whether fees would be charged for transactions how central banks are thinking about methods of adoption, like whether they will bank directly with retail customers or still use commercial banks how developers balance the drawbacks and benefits of blockchain-based CBDCs with different stakeholders whether stable coins will be replaced by or coexist with CBDCs and what the future holds for the continued development of CBDCs Thank you to our sponsors! Crypto.com: http://crypto.com 1inch: http://1inch.exchange Episode links: Rob Palatnick: https://www.dtcc.com/our-experts/robert-palatnick Brian Behlendorf: https://twitter.com/brianbehlendorf?lang=en Matthieu Saint Olive: https://twitter.com/msaintolive?lang=en Robert Bench: https://www.bostonfed.org/home/people/bank/robert-bench.aspx Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 5, 202158 min

Ep 2052020 Highlights: The Biggest News Stories of the Year in Crypto - Ep.205

Host Laura Shin recaps the biggest stories of the year in crypto, with clips from shows throughout the year. In this episode, we cover how the pandemic drove Bitcoin to new all-time highs, how regulation began to come for the crypto space in a big way, plus new trends in DeFi, corporate structures, and how ETH will change as an asset. Thank you to our sponsors! Crypto.com: http://crypto.com 1inch: https://1inch.exchange Episode links: Meltem Demirors on Bitcoin’s behavior during the recession https://unchainedpodcast.com/why-bitcoin-now-meltem-demirors-and-lyn-alden-on-the-perfect-conditions-for-bitcoin/ Mike Novogratz and Raoul Pal on Bitcoin’s relation to fiat https://unchainedpodcast.com/why-bitcoin-now-mike-novogratz-and-raoul-pal-on-the-single-greatest-brand-of-the-last-10-years/ Chamath Palihapitiya on Bitcoin as a financial hedge https://unchainedpodcast.com/chamath-palihapitiya-why-bitcoin-will-be-the-category-winner/ Cathie Wood and Dan Tapiero on corporate adoption of Bitcoin https://unchainedpodcast.com/why-bitcoin-now-bitcoin-under-a-biden-administration/ Dave Jevans and Siân Jones on regulation and VASPs https://unchainedpodcast.com/why-the-travel-rule-is-one-of-the-most-significant-regulations-in-crypto/ Jake Chervinsky and Kristin Smith on the Swiss Rule and self-hosted wallets https://unchainedpodcast.com/everything-you-need-to-know-about-the-looming-battle-over-privacy-in-crypto/ Jeremy Allaire and Kristin Smith on Mnuchin’s proposed FinCEN rule https://unchainedpodcast.com/why-is-the-proposed-fincen-rule-for-unhosted-wallets-being-pushed-so-quickly/ Jessi Brooks and Zia Faruqui on cryptocurrencies facilitating illicit activity https://unchainedpodcast.com/how-this-doj-strike-force-hunts-down-cryptocurrency-criminals/ Brian Brooks on Americans accepting more privacy restrictions https://unchainedpodcast.com/acting-comptroller-of-the-currency-brian-brooks-on-crypto-banks/ Meltem Demirors on privacy being under attack https://unchainedpodcast.com/why-bitcoin-now-meltem-demirors-and-lyn-alden-on-the-perfect-conditions-for-bitcoin/ Haseeb Qureshi on the maturation of DeFi https://unchainedpodcast.com/why-decentralized-trading-has-10xed-in-a-few-months/ Vitalik Buterin on risks that still exist in DeFi https://unchainedpodcast.com/vitalik-buterin-on-ethereums-five-year-anniversary/ Taylor Monahan and Dan Guido on DeFi security https://unchainedpodcast.com/defi-security-with-so-many-hacks-will-it-ever-be-safe/ Vitalik Buterin reflecting on the last five years of Ethereum https://unchainedpodcast.com/vitalik-buterin-on-ethereums-five-year-anniversary/ Ryan Watkins on Ethereum 2.0 https://unchainedpodcast.com/ethereum-2-0-what-you-need-to-know/ Olaf Carlson-Wee on DeFi impacting the traditional corporate structure https://unchainedpodcast.com/olaf-carlson-wee-if-there-is-a-money-losing-exploit-the-money-is-gone/ Andrew Cronje on shifting corporate structures https://unchainedpodcast.com/andre-cronje-of-yearn-finance-on-yfi-and-the-fair-launch-im-lazy/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 29, 20201h 3m

Why Is the Proposed FinCEN Rule for Unhosted Wallets Being Pushed So Quickly? - Ep.204

Jeremy Allaire of Circle Pay and Kristin Smith of the Blockchain Association explain the impact of and motivation behind Treasury Secretary Steve Mnuchin’s proposed FinCEN rule that targets “unhosted” wallets. In this episode, they cover: what the new FinCEN rule says, and how it would impact unhosted or self-hosted wallets, as well as crypto businesses why they believe this is really politically motivated and unilateral midnight rule making by Secretary Mnuchin what other bureaucrats and policymakers think should be done instead whether the rule only affects businesses rather than individuals what information will be recorded according to the rule ways to circumvent compliance how the rule affects DeFi and Web3 the procedural hurdles Mnuchin took to propose the rule, and what they recommend the crypto community to do try to stop the implementation of the rule how the rule comports with European GDPR regulations which government entities will be tasked with making the regulatory changes the space needs why President-Elect Joe Biden’s administration may be more favorable for the space Thank you to our sponsors! Crypto.com: http://crypto.com 1inch: http://1inch.exchange Episode links: Jeremy Allaire: https://twitter.com/jerallaire Kristin Smith: https://twitter.com/kmsmithdc Circle: https://www.circle.com/en/ The Blockchain Association: https://theblockchainassociation.org Stories on proposed rule: https://www.coindesk.com/fincen-proposes-kyc-rules-for-crypto-wallets https://www.theblockcrypto.com/post/88347/treasury-crypto-wallets-reporting-rule Effect on DeFi: https://twitter.com/jerallaire/status/1340060806088671232?s=20 https://twitter.com/jchervinsky/status/1340050400871911424?s=20 Coin Center response: https://www.coincenter.org/a-midnight-rule-for-cryptocurrency-transaction-reports/ Brian Armstrong’s earlier tweet thread: https://twitter.com/brian_armstrong/status/1331745196887867393 Collins Belton’s tweet thread: https://twitter.com/collins_belton/status/1340051986008350721?s=20 Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 22, 20201h 0m

Ep 203All the Ways Crypto Can Make Gaming More Fun - Ep.203

Marguerite deCourcelle is co-founder and CEO of Blockade Games, which is releasing the role-playing game game Neon District the day this episode comes out. She discusses her background in art, how her love of video games led her to discover Bitcoin in the early days of the cryptocurrency, and how she helps create the next phase of web 3.0 content creation and distribution. Topics include: how Marguerite became involved in crypto and what led her to co-found Blockade Games her work on Pineapple Arcade and Plasma Bears the problems she sees with gaming and how blockchain technology can solve them how Blockade Games is utilizing blockchain tech Neon District, a blockchain-based RPG game with active gameplay and animation that uses NFTs and farming the difference between ERC-721 and ERC-1155 tokens and how each is utilized in Neon District how they have been marrying NFTs with DeFi through the NIFTEX exchange how an open economy challenges the dynamics of gameplay and how they account for this in their game design why a decentralized profile can be so powerful in gaming the types of users Blockade Games hopes to attract with Neon District why they are using the Matic Network how blockchain tech within a game changes the business model for Blockade as opposed to a traditional gaming company whether she thinks conventional gaming companies will be disrupted by blockchain technology the problems in content creation business models and distribution and how she thinks blockchain can solve them her personal token, COIN, how it is connected to CRED and how the two work together and people earn them what Coin Artist Liquidity Mining is and how it works Thank you to our sponsors! Crypto.com: http://crypto.com 1inch: http://1inch.exchange Episode links: Marguerite: https://twitter.com/coin_artist Coin Artist: https://coinartist.io Yield farming NFTs: https://www.coindesk.com/nfts-yield-farming-defi-buzz-explained Crypto puzzles: https://www.coindesk.com/theres-more-money-to-win-in-the-310-bitcoin-challenge-heres-some-hints Blockade Games's seed round: https://www.coindesk.com/bitcoin-puzzle-artists-blockchain-gaming-startup-valued-at-13-million CoinDesk podcast network with Marguerite: https://www.coindesk.com/what-artists-love-about-crypto Delphi Digital podcast with Marguerite: https://www.delphidigital.io/podcasts/marguerite-decourcelle-building-towards-a-neon-future/ Delphi Digital report on Coin's E-den syndicate: https://www.delphidigital.io/reports/social-tokens-the-rise-of-the-coins-e-den-syndicate/ OpenSea store for Alex Botez chess pieces: https://opensea.io/collection/get-pwnd Blog post about the Alexandra Botez collaboration: https://coin-artist.medium.com/bringing-chess-to-ethereum-5969d9cfa07a Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 15, 20201h 7m

Ep 202Can Gavin Wood's Polkadot 'Make Blockchain Great Again'? - Ep.202

Gavin Wood, founder of Polkadot, Kusama, and Parity, discusses what he calls the "meta-protocol," Polkadot. In this episode, he talks about: his vision for Polkadot and the problems he set out to solve when conceiving it why he considers Polkadot a meta-protocol the implementation of parachains and parathreads, how they are defined and how they differ parachain auctions and candle auctions how DDoS attacks can be prevented on parachains initial parachain offerings and how they differ from initial coin offerings and avoid the regulatory problems that were so common with ICOs on-chain governance on Polkadot and how it works how immediate implementation of proposals that pass consensus will prevent forks his answer to those who point to Parity's history with security lapses as cause for concern about Polkadot's security how he sees Polkadot co-existing with Ethereum whether Polkadot is working toward composability how the Web3 Foundation and Parity plan to use their collective stake of DOTs within the network how he plans to address the possibility that DOT could be labeled a security how he imagines Polkadot will serve the enterprise world and how Polkadot will benefit enterprise blockchains Thank you to our sponsors! 1inch: https://1inch.exchange Crypto.com: https://www.crypto.com Episode links: Gavin Wood: https://twitter.com/gavofyork Polkadot: https://polkadot.network Kusama: https://kusama.network Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 8, 20201h 23m

Ep 201Ethereum 2.0: What You Need to Know - Ep.201

Ryan Watkins and Wilson Withiam, senior research analysts at Messari, explain the nuts and bolts of Ethereum 2.0, including how it will transform ETH as an asset and why they believe it will be Ethereum’s most ambitious upgrade yet. Topics include: the different phases of Ethereum 2.0 and the functions they serve the problems Ethereum hopes to solve with this upgrade the technical requirements needed to ensure the launch can happen the new proof of stake consensus and why Ethereum is leaving proof of work behind the requirements necessary to maintain a validator node on the Ethereum 2.0 network why users won’t be able to use their ETH once it is staked on Ethereum 2.0 the incentives and services that will allow users staking on Ethereum 2.0 to continue using their ETH on Ethereum 1.0 whether the appeal of DeFi is a threat to Ethereum 2.0 staking how Ethereum 2.0 incentivizes client diversity the monetary policy of “minimum necessary issuance” that supports Ethereum 2.0 how Ethereum 2.0 will allow ETH to achieve the unprecedented combination of a store of value, a capital asset, and a commodity what will be done in the short term to help ease the scaling problem while ETH 2.0 is being built whether scalability can be efficiently addressed in time to prevent migrations to other blockchains and the most significant risks Ethereum 2.0 is facing Thank you to our sponsor! Crypto.com: https://www.crypto.com Episode links: Ryan Watkins: https://twitter.com/RyanWatkins_ Wilson Withiam: https://twitter.com/wilsonwithiam Messari Crypto: https://messari.io/ Messari report on Ethereum 2:0: https://messari.io/road-to-eth2 Amount of ETH in the Ethereum 2.0 Deposit Contract: https://etherscan.io/address/0x00000000219ab540356cBB839Cbe05303d7705Fa#analytics https://www.stakingrewards.com/earn/ethereum-2-0 ETH issuance based on amount staked: https://docs.ethhub.io/ethereum-basics/monetary-policy/#proof-of-stake-impact Dan Elitzer article on DETH: https://medium.com/ideo-colab/the-deth-of-ethereum-98553866e81b Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 1, 20201h 11m

Ep 200What Fidelity Is Doing With the Bitcoin It's Mined - Ep.200

Christine Sandler, head of sales and marketing at Fidelity Digital Assets, talks about how 30 years in traditional finance and an early retirement led her to Coinbase, and, eventually, Fidelity Digital Assets. She discusses the history of Fidelity's involvement in crypto, how they became one of the first to enter the space, and what the future holds. Topics include: what Fidelity Digital Assets is and Christine's role there Christine's background in traditional finance, how she was drawn into the world of cryptocurrencies, eventually working at Coinbase, and how she found her way to Fidelity Digital Assets the role Fidelity sees itself playing in the digital asset space how the client base for digital assets has changed over time how Fidelity approaches the difficulties around explaining what bitcoin and crypto is, and the most common questions they receive how the pandemic has changed the conversation around digital currencies the types of services and products Fidelity is considering for the future the differences Fidelity sees in how international investors are approaching digital currency Fidelity's plans for a Bitcoin index fund and whether they are considering offering futures how financial institutions and institutional investors fit into a world of decentralized finance founded with the ethos of excluding them the regulatory improvements Fidelity is hoping to see what a Bitcoin ETF would mean for Fidelity how Fidelity might use a central bank digital currency in its business Fidelity's thoughts on offering proof of stake services whether a more deflationary Ethereum might attract more institutional investors and whether Fidelity will offer Ethereum in the future Thank you to our sponsor! Crypto.com: https://www.crypto.com Episode links: Christine Sandler: https://twitter.com/shoegalnyc Fidelity Digital Assets: https://www.fidelitydigitalassets.com/overview Twitter: https://twitter.com/DigitalAssets Christine leaves Coinbase for FDAS: https://www.coindesk.com/fidelity-poaches-coinbase-institutional-sales-head-christine-sandler Fidelity Center for Applied Technology: https://fcatalyst.com/overview Fidelity Digital Assets looking to become prime broker: https://www.theblockcrypto.com/daily/68920/fidelity-digital-assets-eyes-service-for-introducing-crypto-funds-to-big-investors How the client profile has changed: https://www.theblockcrypto.com/daily/42342/the-client-profile-is-changing-fidelity-digital-assets-exec-says-new-players-are-entering-the-crypto-fold How to Explain Cryptocurrencies and Blockchains to the Average Person Unchained episode: https://unchainedpodcast.com/how-to-explain-cryptocurrencies-and-blockchains-to-the-average-person/ Fidelity expands crypto business to Europe: https://www.coindesk.com/fidelity-to-expand-institutional-crypto-business-to-europe Fidelity obtains New York Trust Charter: https://www.coindesk.com/fidelity-gets-a-new-york-trust-charter-to-custody-bitcoin-for-institutions Bitcoin Index Fund: https://www.forbes.com/sites/michaeldelcastillo/2020/08/26/fidelity-president-files-for-new-bitcoin-fund/?sh=13aa335445c9 Fidelity survey of 800 institutional investors: https://www.fidelitydigitalassets.com/bin-public/060_www_fidelity_com/documents/FDAS/institutional-investor-study.pdf FDAS hiring: https://www.fidelitydigitalassets.com/articles/engineering-hiring-initiative?ccmedia=owned&ccchannel=social&cccampaign=hiring_blog&cctactics=twitter Kingdom Trust: https://www.coindesk.com/fidelity-digital-assets-to-custody-bitcoin-in-kingdom-trust-retirement-accounts Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 24, 202054 min

Ep 199Everything You Need to Know About the Looming Battle Over Privacy in Crypto - Ep.199

Jake Chervinsky, general counsel at Compound Labs, and Kristin Smith, executive director of The Blockchain Association, talk about the storm brewing in the cryptosphere involving self-custody and privacy. In this episode, they cover: the differences between hosted and self-hosted wallets and how transactions between them differ why the ability to transact from self-hosted wallets is so important compliance and regulation in the traditional financial world and how it could affect self-custody the “Swiss rule” and what it could mean for the rest of the world the proposal by FinCEN to lower the threshold for collecting data on transactions from $3,000 to $250 how regulators might achieve their goals without “dragnet” surveillance how the amount of crime and money laundering in the traditional financial system compares to that in the crypto world why OTC brokers are considered the most significant money laundering risk in crypto, and how that risk might be mitigated how different political environments can influence the value of peer to peer transactions whether Americans should be willing to give up some of their financial privacy in favor of security what the recent statement by the DOJ's cryptocurrency enforcement framework labeling anonymous transactions as "high-risk activity indicative of possible criminal conduct" could mean for privacy coins like Monero and Zcash Gary Gensler's appointment as head of Biden's financial policy transition team and whether to view it as a positive or negative for crypto whether they think the incoming Congress will be in favor of more surveillance or more privacy whether there might eventually be regulations for developers who write code for self-hosted wallets how potential rules regarding self-custody could affect non-monetary items like NFTs and the next big developments they are watching out for regarding this issue Thank you to our sponsor! Crypto.com: http://crypto.com Episode links: Jake Chervinsky: https://twitter.com/jchervinsky Compound Labs: https://compound.finance Kristin Smith: https://twitter.com/kmsmithdc The Blockchain Association: https://theblockchainassociation.org/ https://twitter.com/BlockchainAssn FinCen NPRM: https://www.federalregister.gov/documents/2020/10/27/2020-23756/threshold-for-the-requirement-to-collect-retain-and-transmit-information-on-funds-transfers-and Coin Center commentary on lowering FinCEN threshold: https://www.coincenter.org/app/uploads/2020/10/Coin-Center-Comment-FinCEN-FRB-250-threshold.pdf Unchained episode about the FATF travel rule: https://unchainedpodcast.com/why-the-travel-rule-is-one-of-the-most-significant-regulations-in-crypto/ The choice of Gary Gensler to lead the financial policy transition team: https://www.wsj.com/livecoverage/trump-biden-election-day-2020/card/peMRHGPJasECSPLezSFx https://www.coindesk.com/biden-confirms-gary-gensler-will-lead-financial-policy-transition-team Shapeshift delists Zcash: https://www.coindesk.com/shapeshift-delists-privacy-coin-zcash-over-regulatory-concerns Jessie Liu interview on Unchained: https://unchainedpodcast.com/what-you-need-to-know-about-the-dojs-cryptocurrency-enforcement-framework/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 17, 20201h 11m

Ep 198Why Bitcoin Now: Bitcoin Under a Biden Administration - Ep.198

In this episode, Dan Tapiero, founder of 10T Holdings and Gold Bullion International, and Cathie Wood, CEO and CIO at ARK Invest, discuss the long election week in the U.S. and how they believe Bitcoin will behave in a post-election world. They also talk about: how a changeover from a Trump to a Biden administration could affect Bitcoin how the prospect of legal challenges from the Trump administration might affect Bitcoin whether they think the presidential election influenced Bitcoin’s precipitous price jump in the first week of November what it takes to change the mind of a Bitcoin skeptic in the investment world whether gold investors are becoming more resistant or more embracing of Bitcoin whether Democratic control of the Senate would affect Bitcoin how they expect the new wave of rising coronavirus cases and lockdowns to affect economies and Bitcoin the new inflation policy introduced by Federal Reserve chairman Jerome Powell and how it will affect Bitcoin the recent Bitcoin halving and how they expect Bitcoin to perform over the next year how banking will change over the next few years and how that will affect Bitcoin their thoughts on central bank digital currencies and how an increase in CBDCs might affect Bitcoin what factors they are looking at right now when thinking about what could happen with Bitcoin over the next year Thank you to our sponsor! Crypto.com: https://www.crypto.com Episode links: Cathie Wood: https://twitter.com/cathiedwood Ark Invest: https://ark-invest.com/ Yassine Elmandjra: https://twitter.com/yassineARK Dan Tapiero: https://twitter.com/DTAPCAP 10T Holdings: https://10tfund.com/ Gold Bullion International: https://bullioninternational.com/ Unchained with Brian Brooks: https://unchainedpodcast.com/acting-comptroller-of-the-currency-brian-brooks-on-crypto-banks/ Jerome Powell speech on targeting inflation of 2%: https://www.cnbc.com/2020/08/27/powell-announces-new-fed-approach-to-inflation-that-could-keep-rates-lower-for-longer.html Bitcoin-gold correlation: https://coinmetrics.io/correlation-charts/#assets=btc-gld Bitcoin-S&P 500 correlation: https://coinmetrics.io/correlation-charts/#assets=btc-s&p Forbes profile on Cathie Wood: https://www.forbes.com/sites/antoinegara/2020/10/05/how-cathie-wood-beat-wall-street-by-betting-tesla-is-worth-more-than-1-trillion/?sh=12d44f813d45 ARK Invest Bitcoin white papers: https://ark-invest.com/white-papers/bitcoin-part-one/ https://ark-invest.com/white-papers/bitcoin-part-two/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 10, 20201h 12m

Ep 197Why Bitcoin Now: Meltem Demirors and Lyn Alden on the Perfect Conditions for Bitcoin - Ep.197

In this seventh installment of the Why Bitcoin Now series, Meltem Demirors, the chief strategy officer at Coinshares, and Lyn Alden, the founder of Lyn Alden Investment Strategy, discuss the state of Bitcoin since June, amidst the presidential election – which takes place on the date of publication of the show -- and a global pandemic. Topics discussed include: the significance of bitcoin staying above $10k for over three months why the pandemic has created the conditions for which Bitcoin was designed how the markets may react to a Trump or Biden win why they believe, no matter which party wins, there will be massive deficits and a money-printing debt spiral why other countries see opportunities to erode the supremacy of the US dollar why Bitcoin has shown that it’s possible to have money without state how the current record unemployment and massive stimulus efforts during the pandemic have impacted Bitcoin the increasing interest in Bitcoin from traditional investors the IMF’s recent call for a “New Bretton Woods moment” and how it may impact crypto China’s DCEP central bank digital currency and the effects it may have on increasing China’s trade leverage why the pandemic has made clear the importance of bringing more Bitcoin mining onshore whether or not Bitcoin will be able to remedy growing wealth inequality why privacy/encryption will be the main issue Bitcoiners need to watch from the coming administration Thank you to our sponsors! Crypto.com: https://www.crypto.com Episode links: Lyn Alden: https://twitter.com/LynAldenContact Lyn Alden Investment Strategy: lynalden.com Meltem Demirors: https://twitter.com/Melt_Dem Coinshares: https://www.coinshares.com/ Lyn’s post on how the economy and stock market perform under Democratic vs. Republican presidents: https://www.lynalden.com/presidential-elections/ US stimulus spending: https://datalab.usaspending.gov/federal-covid-funding/#section-tracking IMF New Bretton Woods speech: https://www.imf.org/en/News/Articles/2020/10/15/sp101520-a-new-bretton-woods-moment Stocks in a bubble: https://www.longtermtrends.net/sp500-price-earnings-shiller-pe-ratio/ Meltem on the financialization of internet infrastructure: https://medium.com/coinshares/the-financialization-of-compute-connectivity-66beaffe7501 BitOoda report on Bitcoin mining: https://bitooda.medium.com/bitcoin-mining-hashrate-and-power-analysis-bitooda-research-ebc25f5650bf Bloomberg wealth report: https://www.bloomberg.com/news/articles/2020-10-08/top-50-richest-people-in-the-us-are-worth-as-much-as-poorest-165-million Cash app’s Bitcoin sales: https://www.theblockcrypto.com/linked/74001/square-q2-bitcoin-cash-app JPMorgan research note on Bitcoin: https://fortune.com/2020/10/26/jp-morgan-chase-bitcoin-predictions-analyst-jpm-cryptocurrency/ https://twitter.com/DTAPCAP/status/1319703750450302980?s=20 Forbes interview with Daniel Masters of Coinshares: https://www.forbes.com/sites/michaeldelcastillo/2020/10/24/jp-morgan-veteran-daniel-masters-explains-how-blockchain-will-end-commercial-banks/#77ec4f6a6bdd Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 3, 20201h 25m

Ep 196Acting Comptroller of the Currency Brian Brooks on Crypto Banks - Ep.196

Brian Brooks got his start in traditional finance before joining Coinbase in 2018 and is currently the acting comptroller of the currency. In this episode, he discusses: how his background in traditional financial services led him to take a position at Coinbase whether the role blockchain and crypto will likely play in the financial future is being recognized at the federal level whether or not banks have always had the authority to custody crypto for their customers how he expects things to unfold in the coming years as banks begin to become more involved in crypto custody his thoughts on Kraken and others launching crypto banks and whether it will lead to the founding of other crypto banks how his office is pushing for a national fintech charter, and how it could affect less crypto-friendly states whether banks that work with crypto companies supporting unhosted wallets are prohibited from holding stablecoin reserves whether or not OCC regulations cover DeFi, and the regulatory challenges that open source protocols present whether he sees a time when governments and regulators participate in the governance of crypto platforms what roles he thinks public and private sectors, as well as commercial banks, should play in the creation of a central bank digital currency what stance the OCC might take around privacy in blockchain transactions how U.S. regulators can offer more clarity to the crypto industry and how he thinks the pandemic, its effect on the economy, and the government’s response through stimulus will affect the crypto industry Thank you to our sponsor! Crypto.com: https://www.crypto.com Episode links: Brian Brooks: https://twitter.com/BrianBrooksOCC Office of the Comptroller of the Currency: https://www.occ.gov Letter to authorize banks to provide crypto custody services for customers: https://www.occ.gov/topics/charters-and-licensing/interpretations-and-actions/2020/int1170.pdf The significance of the letter for banks and crypto companies: https://www.forbes.com/sites/matthougan/2020/07/27/the-occs-notice-on-crypto-is-a-really-big-deal/#13aad8806301 The OCC’s statement on federally chartered banks and crypto custody: https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-98.html His support for a federal licensing framework for crypto companies: https://www.coindesk.com/us-banking-regulator-suggests-federal-licensing-framework-for-crypto-firms Questions about the OCC’s stablecoin guidance https://www.coindesk.com/questions-occ-first-guidance-stablecoins CSBS “One Company, One Exam” policy: https://www.coindesk.com/csbs-firms-explained Battle with states over federal licensing program: https://www.politico.com/news/2020/08/31/currency-comptroller-reshape-banking-406393 FinCEN’s 2019 Regulatory Guidance: https://www.fincen.gov/news/news-releases/new-fincen-guidance-affirms-its-longstanding-regulatory-framework-virtual Federal Reserve says it is exploring a central bank digital currency: https://www.coindesk.com/fed-reserve-evaluating-digital-dollar-but-benefits-still-unclear-says-chairman His view that a CBDC should be designed by the private sector: https://www.theblockcrypto.com/post/69216/heres-how-brian-brooks-disagrees-with-fed-chair-jerome-powell-on-the-digital-dollar The OCC’s Financial Inclusion Project: https://www.occ.gov/topics/consumers-and-communities/minority-outreach/project-reach.html Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 27, 202050 min

Ep 195How This DOJ Strike Force Hunts Down Cryptocurrency Criminals - Ep.195

Magistrate judge Zia Faruqui, and Jessi Brooks, assistant U.S. attorney in the national security section at the United States Attorney’s Office, have prosecuted several cryptocurrency-related cases, many of them amongst the most well-known. In this episode, they talk about: how they came to be involved in the prosecution of so many cases involving cryptocurrency the nature of civil forfeiture cases the Al-Qassam Brigades case, which led to the largest ever seizure of a terrorist organization’s cryptocurrency accounts, and the terrorist organization’s use of dynamic addresses in an attempt to elude detection by authorities. how Al Qaeda used Telegram to pursue cryptocurrency donations the case involving ISIS and counterfeit PPE for COVID the process of seizing funds from unhosted wallets the North Korean affiliated Lazarus Group, and how they were able to amass $2580 million worth of cryptocurrency the methods hackers will use to cash out stolen crypto funds to fiat how different government agencies in the U.S., as well as in other countries, are coordinated when tackling these cases the Welcome to Video case and how they went about prosecuting a person in a foreign country how they’ve seen the use of cryptocurrencies by criminals evolve over time and whether or not they think decentralized exchanges will make it easier for criminals and hackers to cash out Thank you to our sponsor! Crypto.com: https://www.crypto.com Episode links: Jessi Brooks: https://www.linkedin.com/in/jessica-brooks-8289ab32/ Zia’s Faruqui: https://www.linkedin.com/in/zia-faruqui-a73ba11a5/ Three terror-finance cybercrime cases: https://www.justice.gov/opa/pr/global-disruption-three-terror-finance-cyber-enabled-campaigns The Al-Qassam Brigades case: https://www.justice.gov/opa/pr/global-disruption-three-terror-finance-cyber-enabled-campaigns Scam PPE site: https://www.wired.com/story/isis-allegedly-ran-a-covid-19-ppe-scam-site/ Civil forfeiture complaint against North Korea-affiliated hackers, Lazarus Group: https://www.justice.gov/usao-dc/pr/united-states-files-complaint-forfeit-280-cryptocurrency-accounts-tied-hacks-two https://www.justice.gov/usao-dc/press-release/file/1310411/download https://blog.chainalysis.com/reports/lazarus-group-north-korea-doj-complaint-august-2020 Welcome to Video indictment: https://www.justice.gov/opa/pr/south-korean-national-and-hundreds-others-charged-worldwide-takedown-largest-darknet-child Dark Scandals: https://www.forbes.com/sites/kellyphillipserb/2020/03/13/dark-deja-vu-irs-announces-charges-in-takedown-of-multi-million-dollar-child-exploitation-website-funded-by-bitcoin/#4a09b2ac28ae https://www.justice.gov/usao-dc/press-release/file/1257581/download Jonathan Levin from Chainalysis on Unchained: https://unchainedpodcast.com/how-bitcoin-led-to-the-demise-of-the-largest-child-porn-site/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 20, 20201h 6m

Ep 194SEC Commissioner Hester Peirce on BitMEX, DeFi and a Token Safe Harbor - Ep.194

Hester Peirce, AKA “Crypto Mom,” was just confirmed to a second term as SEC Commissioner of the Securities Exchange Commission in August. In this episode, she talks about: the reasons for her dissent in the Unikrn Settlement and what she believes would have been a proper penalty the current status of her token safe harbor proposal her thoughts on fair launch projects as opposed to traditional VC-backed tokens her view on how the SEC should view airdrops her thoughts on whether existing securities laws could be tweaked as opposed to implementing a safe harbor whether she thinks DeFi governance tokens should be considered securities her thoughts on DeFi playing its own regulatory role her thoughts on the Securities Clarity Act introduced in Congress the chances of a Bitcoin ETF being approved by the SEC in the future the charges against BitMEX and the effect it may have on the industry in general stablecoins, and how they might raise securities issues and whether she thinks that all securities could one day be tokenized Thank you to our sponsor! Crypto.com: https://www.crypto.com Episode links: Hester Peirce: https://twitter.com/HesterPeirce SEC: https://www.sec.gov Her dissent on the Unikrn settelement: https://www.sec.gov/news/public-statement/peirce-statement-settlement-charging-token-issuer Unconfirmed interview on her safe harbor proposal: https://unchainedpodcast.com/sec-commissioner-hester-peirce-on-her-safe-harbor-proposal/ Her token safe harbor proposal: https://www.sec.gov/news/speech/peirce-remarks-blockress-2020-02-06 Unchained interview with Cmr. Peirce: https://unchainedpodcast.com/sec-commissioner-hester-peirce-come-talk-to-the-sec/ Proposal in The Block on ways to amend existing securities law instead of issuing a token safe harbor: https://www.theblockcrypto.com/post/57207/case-for-reg-a-response-commissioner-peirce-sec-token Is UNI a security: https://www.theblockcrypto.com/post/78231/uniswap-token-security-debate FCA banning crypto derivatives and ETNs: https://www.coindesk.com/fca-bans-sale-of-cryptoderivatives-to-retail-consumers-in-uk https://www.theblockcrypto.com/post/79911/uk-regulator-fca-bans-crypto-derivatives-retail-users Securities Clarity Act: https://www.theblockcrypto.com/post/78231/uniswap-token-security-debate Statement on ATS’s: https://www.sec.gov/divisions/marketreg/mr-noaction/2020/finra-ats-role-in-settlement-of-digital-asset-security-trades-09252020.pdf SEC chairman Jay Clayton says all stocks could be tokenized: https://www.theblockcrypto.com/post/79783/all-stocks-tokenized-sec-chairman-clayton Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 13, 202030 min

Ep 193Can Solana Seize Marketshare From Ethereum With Serum? - Ep.193

Sam Bankman-Fried, the CEO of FTX and Alameda Research, and Anatoly Yakovenko, the co-founder and CEO of Solana Labs, discuss the Project Serum ecosystem that they are building on the Solana blockchain, and the unique approach to scaling the Solana blockchain is taking. In this episode, they talk about: their backgrounds, and how they became involved in crypto why Solana takes a different approach to scaling and how it is implemented why they think a relatively lower number of nodes is sufficient to protect from attacks or collusion what the vision for Solana is, who they see using it, and how Serum fits into that vision why they think there haven’t been more crypto projects migrating to Solana yet Solana’s proof-of-history algorithm and how it works how Solana plans to attract DeFi developers why Serum was made interoperable with Ethereum the types of traders they are hoping to attract with Serum, and what their experience will be like on the platform why Project Serum is an ecosystem and not just an order book exchange how high-frequency trading firm Jump Trading came to adopt Serum how Serum will manage trading tokens from different chains the purpose of Serum’s two tokens, SRM and MSRM and what’s in store for Project Serum in the future Thank you to our sponsors! Crypto.Com: https://www.crypto.com Gods Unchained: https://playgu.co/unchainedpod Episode links: Anatoly Yakovenko: https://twitter.com/aeyakovenko Solana: Solana.com Sam Bankman-Fried: https://twitter.com/SBF_Alameda Project Serum: https://www.projectserum.com Project Serum on Twitter: https://twitter.com/projectserum Solana CoinList auction in March: https://www.theblockcrypto.com/linked/59952/blockchain-project-solana-raises-1-76m-from-its-launch-auction-on-coinlist Solana network stats: https://explorer.solana.com The Block Research on Solana: https://www.theblockcrypto.com/genesis/76615/solana-blockchain-overview Proof of history: https://medium.com/solana-labs/proof-of-history-a-clock-for-blockchain-cf47a61a9274 Serum: https://www.theblockcrypto.com/daily/72924/ftx-dex-serum-solana-blockchain Tether: https://medium.com/solana-labs/tether-to-bring-usdt-to-the-solana-network-77864184b20 Jump Capital: https://www.theblockcrypto.com/post/76826/veteran-market-maker-jump-trading-forays-into-defi-to-provide-liquidity-for-ftxs-solana-based-dex Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 6, 20201h 13m

Ep 192Why Bitcoin Now: Andreas Antonopoulos and Dan Held on Bitcoin’s Monetary Policy - Ep.192

Andreas M. Antonopoulos, speaker, educator, and the author of Mastering Bitcoin, Mastering Ethereum, and The Internet of Money, Volumes 1, 2, and 3, and Dan Held, growth lead at Kraken Digital Asset Exchange, discuss the core features of Bitcoin's monetary policy, including how it differs from traditional central bank monetary policy, what gives it value and yet how it seems to have derived value from thin air. Plus, we talk about how the coronavirus pandemic will affect Bitcoin. In this episode, we cover: how monetary policy in general is defined the core feature of Bitcoin’s monetary policy, and how it differs from previous forms of money the similarities and differences between Bitcoin and gold why the hard cap on Bitcoin is unique and so important the difficulties in analyzing and classifying Bitcoin whether or not transaction fees alone can sustain the network once all 21 million Bitcoin have been minted if Bitcoin will be able to fulfill its original vision of democratizing finance and serving as an everyday medium of exchange why they think Bitcoin has recently been more correlated with the stock market their thoughts on the stock to flow model and whether it works for Bitcoin how they think the coronavirus, unprecedented quantitative easing, and increasing inflation will impact Bitcoin’s adoption and price how crypto banks that don’t conduct fractional reserve banking or lending might change the economy Thank you to our sponsors! Crypto.com: http://crypto.com Gods Unchained: https://playgu.co/unchainedpod Episode links: Andreas Antonopoulos: https://aantonop.com On Twitter: https://twitter.com/aantonop YouTube: https://www.youtube.com/c/aantonop/ Dan Held: https://www.danheld.com On Twitter: https://twitter.com/danheld Dan Held on Bitcoin's monetary policy: https://medium.com/the-bitcoin-times/information-theory-of-money-36247aebdfe1 Dan Held on Bitcoin's security model: https://www.danheld.com/blog/2019/6/16/bitcoins-security-is-fine Unchained interview with Saifedeam Ammous: https://unchainedpodcast.com/why-bitcoin-now-saifedean-ammous-on-why-bitcoin-is-the-most-advanced-form-of-money/ Mises’ Regression Theorem: https://mises.org/library/bitcoin-regression-theorem-and-emergence-new-medium-exchange Stock to flow model: https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25 https://medium.com/@100trillionUSD/bitcoin-stock-to-flow-cross-asset-model-50d260feed12 Why the stock-to-flow model is wrong: https://www.coindesk.com/why-the-stock-to-flow-bitcoin-valuation-model-is-wrong Federal Reserve announcement about letting inflation run higher than normal to achieve a 2% target rate of inflation: https://www.federalreserve.gov/newsevents/pressreleases/monetary20200827a.htm Kraken launching the first crypto bank: https://unchainedpodcast.com/the-first-crypto-bank-what-kraken-financial-will-do-and-how/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 29, 20201h 46m