Money Reimagined (CoinDesk)

A candid conversation with valuable perspectives on the dynamic world of crypto assets and how they have the capacity to transform conventional investment approaches.

In this edition of "Money Reimagined," Michael Casey presents excerpts from an interview conducted earlier this month with two prominent figures in fund management, both deeply involved in the world of cryptocurrency: Jan Van Eck, CEO of Van Eck Funds, and Matt Hougan, Chief Investment Officer at Bitwise Asset Management.

Van Eck and Hougan illuminate the hurdles in the path of crypto adoption, tackling essential topics like regulatory uncertainties and the necessity for a more comprehensive grasp of digital assets.

LINKS | 

Bitwise Asset Management 

VanEck 

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Circle and NEAR.

Think tanks are research institutions with an evidence-based approach. They have recently been called upon to provide data points for crypto to support informed policy decision-making.

On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren  speak with 

Josh Lipsky, the senior director of the Atlantic Council’s GeoEconomics Center, where he manages the Atlantic Council's CBDC's tracker project, and John Soroushian the senior associate director for technology at the Bipartisan Policy Center, to discuss the big focus areas for crypto research agendas over the next year and predictions for the upcoming congressional session.

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Money Reimagined listeners get a special discount on Converge22, Circle’s first annual conference on the blockchain-driven future of money. Coming this September, Converge22 is for change makers looking to build what’s next in Web3. Use the code “CoinDesk” at checkout https://hubs.li/Q01hpy4w0. 

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NEAR is a simple, revolutionary Web3 platform for decentralized apps, created by developers for developers. More than 700 projects are now building on NEAR’s fast, secure and infinitely scalable protocol, from DeFi apps to play-and-earn games, NFT marketplaces and more. Start your developer journey now by visiting NEAR at near.org. 

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I.D.E.A.S. 2022 by CoinDesk is the place to see your idea for the next big thing through – meet with leading investors, vet service providers and meet fellow visionaries at the Investing in Digital Assets and Enterprises Summit. Learn more and apply to become a presenter today: coindesk.com/ideas

This episode was produced and edited by Michele Musso  with announcements by Adam B. Levine and our executive producer is Jared Schwartz. Our theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

As society moves increasingly online, so do the kinds of risks that businesses face. With cybercrime growing exponentially and businesses liabilities expanding as they accumulate giant honeypots of sensitive user data, this week’s Money Reimagined explores a new approach toward risk, one fueled by a blockchain mindset.

• An analysis of the state of cybercrime with the explosion in ransomware attacks
• The new mindset based on principles of openness and decentralization
• The case for resiliency and cost-based risk tolerance over efficiency and total protection

This episode is sponsored by PumaPay.io.

Hosts Michael Casey and Sheila Warren are joined by Dante Disparte, chief strategy officer and head of global policy at Circle whose career was previously centered on radical insurance innovation, and digital pioneer Pindar Wong, chairman of VeriFi, an internet infrastructure consulting firm.

A recent report from Cybersecurity Ventures predicted cybercrime costs are on track to total $6 trillion this year. If cybercrime were a country, it would be the third latest economy in the world.

How can a blockchain mindset reduce those costs? The Colonial Pipeline attack was a case study in the danger of centralization. The wider distribution of value, data and attack points that’s inherent to decentralized blockchain technology, as well as its collective witness feature and the power of collective, iterative improvement in open-source development hints at more effective strategies for managing such risks. 

It comes down to a different framing for how to strengthen security. The classical notion of “secured versus not secured” is a prohibitive way of thinking that ignores the grey areas of “at-risk.” Is a healthcare model, with different levels and types of sickness, a more constructive mindset?

With governments poised to introduce CBDCs around the world – tempting cybercriminals with the biggest honeypots of them all - a new antifragile risk-management framework is crucial for society as these changes shape the digital future. 

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750,000,000 PMA tokens are now up for grabs. By depositing today, you will become part of the next evolution of DeFi payments. Go to PumaPay.io.

Image credit: Andy /iStock/Getty Images Plus/ modified by Coindesk

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

From Market trends to Blockchain’s financial disruption, Avichal explores the 2023 tech landscape. 

This episode is sponsored by Cboe Digital

In this week's installment of "Money Reimagined," Sheila Warren is joined by Avichal Garg, the Co-Founder and General Partner at Electric Capital to discuss the tech side of crypto in 2023. From crypto market trends and investor sentiment to the challenges of AI technology and its potential for abuse Avichal skillfully delves into the intricate interplay of these elements, unraveling the layers that define the complex tapestry of the crypto world.

Links | 

About Me – Avichal Garg 

Electric Capital 

Avichal Garg, Electric Capital 

A Difficult Truth: The Unspoken Mismatch of Web3 and Generative AI

Crypto Winter Is Over 

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From our sponsors:

Do you have a trusted partner for your crypto trading? Cboe Digital will introduce financially settled margin futures on Bitcoin and Ether on January 11th, 2024 with physically delivered contracts to follow.  Listed and cleared on Cboe’s U.S. regulated exchange and clearinghouse, and complemented by a liquid crypto spot market for greater ease and access.  We invite you to learn more about this and all applicable risk disclosures at cboedigital.com/coindesk.

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Circle and Near.

A climate change edition from Lisbon Portugal at Nearcon2022. 

“Money Reimagined,” hosts Michael Casey and Sheila Warren  are together again at Nearcon2022 to discuss blockchain sustainability and the data needed to combat the concerns of climate change. This topic is “near and dear to their hearts” because Michael and Sheila co-founded CISA, the Crypto Impact Sustainability Accelerator, at The World Economic Forum precisely to focus on topics such as this and the use cases for crypto and blockchain. 

On this episode they speak with guests Marc Johnson, an environmental solutions architect for  Protocol Labs, and Fred Fournier, CEO of Open Forest Protocol. 

Money Reimagined listeners get a special discount on Converge22, Circle’s first annual conference on the blockchain-driven future of money. Coming this September, Converge22 is for change makers looking to build what’s next in Web3. Use the code “CoinDesk” at checkout https://hubs.li/Q01hpy4w0. 

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NEAR is a simple, revolutionary Web3 platform for decentralized apps, created by developers for developers. More than 700 projects are now building on NEAR’s fast, secure and infinitely scalable protocol, from DeFi apps to play-and-earn games, NFT marketplaces and more. Start your developer journey now by visiting NEAR at near.org. 

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I.D.E.A.S. 2022 by CoinDesk is the place to see your idea for the next big thing through – meet with leading investors, vet service providers and meet fellow visionaries at the Investing in Digital Assets and Enterprises Summit.  Learn more and apply to become a presenter today: coindesk.com/ideas

This episode was produced and edited by Michele Musso  with announcements by Adam B. Levine and our executive producer is Jared Schwartz. Our theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Circle and NEAR.

What is it with sports and crypto? Crypto does reward and incentivize actions that reinforce a sense of belonging to a community that sporting institutions, athletes and fans all know well. But with this crypto winter, will fans be left with something of lasting value that enhances their engagement with their favorite teams and athletes – or are they merely being exploited for money? 

On today’s episode of “Money Reimagined,” to dive deeper into this topic with hosts Michael Casey and Sheila Warren are CoinDesk contributing writer Jeff Wilser and Sean O’Brien, from BuyTheBroncos DAO, which was launched to set up a fund to acquire the storied Denver football team. 

See also:  

For the Fans: How DAOs Could Change Sports

How Is Being in Crypto Like Playing a Sport?

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Money Reimagined listeners get a special discount on Converge22, Circle’s first annual conference on the blockchain-driven future of money. Coming this September, Converge22 is for change makers looking to build what’s next in Web3. Use the code “CoinDesk” at checkout https://hubs.li/Q01hpy4w0. 

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NEAR is a simple, revolutionary Web3 platform for decentralized apps, created by developers for developers. More than 700 projects are now building on NEAR’s fast, secure and infinitely scalable protocol, from DeFi apps to play-and-earn games, NFT marketplaces and more. Start your developer journey now by visiting NEAR at near.org. 

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This episode was produced and edited by Michele Musso  with announcements by Adam B. Levine and our executive producer is Jared Schwartz. The theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.

On this episode of “Money Reimagined,”  Michael Casey and Sheila Warren first discuss recent regulation stories that seem to dominate the news everywhere concerning the SEC and its most recent lawsuits against crypto exchanges and the Ripple/Hinman documents. Warren and Casey then examine the newfound role of NFTs (Non-Fungible Tokens) in the Digital Economy as well as who controls monetization in the digital space.

Topic Links:

The SEC Has Started an All-In Political Battle Over Crypto

Why William Hinman’s Emails Matter to the XRP Army and the Crypto’s Price

Guy Fieri and Sammy Hagar Launch Web3 Tequila Loyalty Program

Snoop Dogg Drops New NFTs That Evolve With His Tour

FEWOCiOUS and Adidas Team Up on Digital and Physical NFT Sneakers

Summary List:

News of the Week. 0:00 Understanding the complexity of the digital media space. 4:11 Snoop Dogg NFT. 8:11 Where the “F” is the money? 9:28 Nft’s role in the digital economy. 12:29 Regulation of tokenization. 17:55 How social media is connecting us. 22:26 The relationship between the artist and the fan. 26:19 Who gets to decide what’s culturally relevant? 30:05

From our Sponsor: 

EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency.  EY: Helping you build a better working world. Find out more at blockchain.ey.com

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Quantstamp, Nexo.io and KuCoin. 

This week and next we’re taking a year-end holiday from new episodes of “Money Reimagined.” Instead, we’re serving up a couple of our favorites from this year. 

This week’s pick was Sheila Warren’s: the Haiti episode from May 21. 

That’s when Sheila and co-host Michael Casey were joined by Jerry Tardieu, a Haitian author, entrepreneur and politician who represents Petion-ville in the Chamber of Deputies, and by Daniele Jean-Pierre, the co-founder and chief operating officer of Zimbali networks, which delivers smart-ledger solutions for the decentralized economy.

The pair walked us through Haiti’s history to show how a shameful, century-long legacy of a slavery-era debt continues to be a burden for the country. The debt, imposed by France to punish Haiti’s citizens for freeing themselves from their slave masters in a rebellion that won their independence in 1804, later became a U.S.-owned asset serviced by a bank that would become Citibank. In that sense, this long-standing problem is directly related to the issue of Wall Street’s power and dominance in the age of dollar hegemony, a power that is challenged, in theory, by cryptocurrency and blockchain technology.

The discussion then turns to what solutions, technological or otherwise, might exist to create a system that empowers people rather than leaves them dependent on charity and foreign aid, with all the strings that come attached to that. 

It’s the kind of episode that reminds us why the ideas behind crypto and blockchain matter. 

This episode was produced, edited and announced by Michele Musso. Our Holiday theme song is "Father Christmas" by Cody Martin.

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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Nexo is a powerful, all-in-one crypto platform where you can securely store your assets. Invest, borrow, exchange and earn up to 12% APR on Bitcoin and 20+ other top coins. Insured for $375M and audited in real-time by Armanino, Nexo is rated excellent on Trustpilot. Get started today at nexo.io.

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KuCoin was listed on Forbes Advisor’s “The Best Crypto Exchanges Of 2021,” which highlighted hundreds of tradable coins, low fees, plus automated and margin trading. Sign up NOW to claim a $500 welcome bonus at KuCoin.com.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

With all the gyrations in crypto markets, it is easy to lose sight of why this technology has drawn so many passionate believers. In this week’s episode we go straight to that point by diving into the theme of human rights and the role that bitcoin can play as a medium for saving and spending that is free from the confiscatory powers of government – including those of authoritarian regimes. 

This episode is sponsored by hellointerpop.io and The Sun Exchange.

Throughout its life, communities of activists all around the world have taken to bitcoin as a tool of empowerment. Sometimes it’s because they live in places where the local currency is constantly being debased by profligate governments. Sometimes it’s because they are at risk of having property seized by the regime. Sometimes it’s because they need a way to fund dissidents’ activities.

To explore all this, we speak to the Human Rights Foundation’s outspoken chief strategy officer, Alex Gladstein, on how he, a career human rights campaigner, found his way into the weird world of bitcoin. We also have the pleasure of talking to an activist in Sudan, a person who goes by Mo and the podcaster pseudonym of @SudanHODL.

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InterPop is redefining the future of NFTs and fandom. Learn more at interpop.io.

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The Sun Exchange is offering CoinDesk Reports listeners a free solar cell with your first purchase and automatically lease them to power businesses in sunny, emerging markets.

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Image credit: Phototreat/iStock/Getty Images Plus modified by CoinDesk

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.

The future of blockchains is in question, with some experts warning that their power could be vulnerable to quantum computing techniques. The problem lies within the fact they are currently based on outdated technology and would eventually become obsolete if not updated soon enough - which means this issue needs urgent attention from developers who want their projects protected against any potential risks arising out of it!

Join "Money Reimagined'' hosts  Michael Casey and Sheila Warren from Davos, Switzerland, at the World Economic Forum Annual meeting, as they dive deep into this topic of Quantum computing with guest Jack Hidary of Sandbox AQ, an enterprise company combining AI and Quantum tech to solve hard problems facing society. 

Jack discusses how the application of these new quantum techniques to process massive amounts of data, in conjunction with blockchain-based verification systems can speed up innovation; such as improving battery storage or finding drugs which have yet to be discovered. 

And as Hidary suggests these new quantum techniques can accelerate computation and encryption to speeds that would have been unimaginable just 30 years ago. This will change everything we know about data storage and transmission of information- it's almost like science fiction! 

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EY is proud to sponsor “Money Reimagined.” As businesses prepare for the token economy, EY is committed to building a better working world and connecting global business ecosystems on the public Ethereum blockchain. To learn more about the EY Blockchain portfolio of products and services, visit blockchain.ey.com.

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Consensus 2022, the industry’s most influential event, is happening June 9-12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code MONEYREIMAGINED15  to get 15% off your GA and Pro pass at coindesk.com/consensus2022.

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine. Our theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY and Brave. 

In the last few months, artificial intelligence (AI) has grown exponentially and rapidly, raising concerns over its safety and the adverse consequences it may have on society if it is not addressed.

However, the application of artificial intelligence in the crypto space has many exciting advantages. With artificial intelligence, trading algorithms can analyze vast amounts of data and make informed decisions about buying and selling cryptocurrencies. Cryptocurrency fraud can be detected and prevented using artificial intelligence. Blockchain networks can be optimized using artificial intelligence. Furthermore, AI can even enhance the privacy and security of cryptocurrency transactions. 

So what is all the fuss about if AI can bring all this good? 

There are potential drawbacks and negative aspects to consider. Some of the main negatives of AI include job displacement, bias and discrimination, privacy concerns, dependence and overreliance, ethical concerns, and lack of transparency and regulation. 

 On this episode of “Money Reimagined,” to help unpack this important topic of AI ownership and distribution, Michael Casey and Sheila Warren speak to Jacob Steeves, founder of Bittensor, an open-source protocol that powers a decentralized, blockchain-based machine learning network.

Casey jumps right into the discussion of the controversial op-ed of Eliezer Yudkowsky, author, founder, and leading thinker in the AI space, and its impact on the AI community. 

On this show Michael and Sheila discuss:

•  Connective threads of drama. 2:38
• What happens when you know that you’re right? 4:54
• The rise of Ai and the potential for regulation. 5:29
• How do we establish a decentralized world? 7:15
• What is the difference between absolute and extreme thinking? 9:27
• Ethical and intellectual perspectives. 10:50
• The core thesis of the paper. 14:26
• The core premise of Bittensor.io. 15:33
• The governance question around open AI. 19.03
• The problem with Web 3.0. 25:28
• Capitalism vs. Governance. 28:50
• The bias of people who get into cryptocurrency. 33:47
• The positive vision of AI. 35:35
• Protecting the status quo vs. imperialism. 38:19

 See Also:

General documentation: https://docs.bittensor.com

Bittensor whitepaper: https://drive.google.com/file/d/1VnsobL6lIAAqcA1_Tbm8AYIQscfJV4KU/view

Academic paper (NeuralIPS 2022 publication): https://ai-secure.github.io/DMLW2022/assets/papers/6.pdf

Slideslive Video: https://nips.cc/virtual/2022/62821

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EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency. EY: Helping you build a better working world. Find out more at blockchain.ey.com

Brave is the privacy browser used by almost 60 million people worldwide. The built-in Brave Wallet is your secure passport to Web3. It supports over 100 chains, fiat purchases, swaps, NFTs, and even connects with other wallets and DApps. All right in your browser. No risky extensions, no spoofing. Learn more at brave.com/wallet.

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code MONEYREIMAGINED to get 15% off your pass. Visit coindesk.com/consensus.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

There’s a reason the Gamestop/WallStreetBets drama of the past two weeks got so much attention. It’s because it speaks forcefully to the inequities and systemic problems in both our financial markets and the internet economy and how they’ve shaped our politics and social tensions. 

So, in true Money Reimagined form, we wanted to have a super high-level discussion about what all this means for the future of money and society. And for that we called on someone who is a master at drawing big-picture narratives around such issues: Demetri Kofinas, the host of the popular Hidden Forces podcast.

Demetri Kofinas is an insatiably curious media entrepreneur and financial expert. His mission is to make the connections that help you see the bigger picture, empowering you to make smarter investing decisions.

He also hosts the Hidden Forces podcast, where he gives his listeners an edge by using his critical thinking approach to challenge the consensus narratives structuring our world .

You can follow him on Twitter at @kofinas, check out his podcast at hiddenforces.io, and sign-up for more in depth content and analysis at Patreon.com/hiddenforces.

Find Michael Casey on Twitter or Clubhouse (@mikejcasey)

Find Sheila Warren on Twitter or Clubhouse (@sheilaw)

Image Credit:Luke Stackpoole/Unsplash modified by CoinDesk

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Sheila Warren's top picks from the year, compelling discussions with Noelle Acheson and Hyun Song Shin, shedding light on Bitcoin's impressive performance, India's evolving crypto landscape, and the challenges faced by central banks in a tokenized world. It's a celebration of insightful conversations and noteworthy moments that defined the financial narrative in the past year. 

This episode is sponsored by Cboe Digital

We are celebrating the holiday season with a special "Money Reimagined" edition featuring the hosts' top picks from the year in our 'Best of' compilation.

In this week's episode, Sheila Warren selects two of her favorite picks: 

• Noelle Acheson On What’s Not Happening With Bitcoin
• The Impact of Tokenization on the Monetary System and the Need for Tokenized Central Banks

In the first installment, Sheila Warren is solo talking with Noelle Acheson  CoinDesk collaborator and author of the Crypto is Macro Now newsletter on Substack. Acheson provides persuasive proof of Bitcoin's resilient performance over the course of the year, demonstrating its remarkable outperformance in comparison to conventional stocks.

They explore the importance of Bitcoin ETFs, with Warren offering insights into India's changing perspective on cryptocurrency and its position in global crypto regulations, offering a thorough analysis of the country's evolving landscape.

Sheila’s second pick is a conversation Michael and she both had with Hyun Song Shin, Head of Research at the Bank for International Settlements (BIS), about the recent release of the Annual Economic Report. 

They examine the challenges presently confronting central banks, and explore the immobilization or locking of tangible assets, along with the legal obstacles associated with tokenization.

From our sponsors:

Do you have a trusted partner for your crypto trading? Cboe Digital will introduce financially settled margin futures on Bitcoin and Ether January 11th, 2024 with physically delivered contracts to follow.  Listed and cleared on Cboe’s U.S. regulated exchange and clearinghouse, and complemented by a liquid crypto spot market for greater ease and access.  We invite you to learn more about this and all applicable risk disclosures at cboedigital.com/coindesk.

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

As one of the world's largest asset management firms, BlackRock has shown a keen interest in the digital currency space.

On this episode of “Money Reimagined,”  Michael Casey and Sheila Warren chat with Noelle Acheson, former Head of Research at CoinDesk, also Head of Marketing at Genesis, and now Author of the must-read newsletter ‘Crypto is Macro Now’; to delve further into why BlackRock is interested in Bitcoin and how its institutionalization is shaping the market. They further discuss the implications of BlackRock's involvement and its goals for the future.

In addition, Casey, Warren, and Acheson examine the positive spin on crypto regulation in Europe and how it has taken years to get to this point. With the European Union's proposed regulatory measures and the role of the state in driving innovation, they analyze the potential impact on the value of Bitcoin and the future of privacy services. 

Clip:  BlackRock CEO Larry Fink Says Bitcoin Is a Hedge Against the Devaluation of Your Currency

Story Links: 

Larry Fink Doesn't Get It, Macro Drama, BTC Dominance

Crypto is Macro Now

BlackRock CEO’s Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto Cred

Will BlackRock's Bitcoin ETF Take the Spirit Out of the Honey Badger?

Summary List:

The Institutionalization of Crypto. 0:00 | Blackrock Ceo’s thoughts on Bitcoin. 1:53 | Does it really matter?5:03 | What’s the goal here for BlackRock? 9:50 | The role of Institutions in the Market. 15:11 | Challenges for traditional financial institutions to engage with Bitcoin. | The positive take on regulation in Europe. 21:24 | How long did it take to get these laws passed? 24:15 | What is the value of Bitcoin? 28:22 | The role of the state in driving innovation. 32:06 | The perfect reason why a universal wallet is important. 35:34

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Do the recent banking crises of three popular high-profile banks validate what crypto stands for? Is the U.S. falling behind in leading global policy when it comes to the current systems we use and invest in?

In this episode of “Money Reimagined,” Michael Casey and Sheila Warren will explore transparency, safety and predictability within the banking industry and cryptocurrency community with Alex Thorn, head of firmwide research at Galaxy Digital, and Ram Ahluwalia, CEO and co-founder of Lumida Wealth Management.

See Also:

https://www.coindesk.com/consensus-magazine/2023/03/17/this-crisis-will-define-the-future-of-money/ 

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Michele Musso produced and edited this episode with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”

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Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code MONEYREIMAGINED to get 15% off your pass. Visit coindesk.com/consensus.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What is the underpinning structure of money worldwide? Do we still need public money as we move into a more digital world?

On this episode of “Money Reimagined,” Michael Casey, solo in Davos, Switzerland, on the sidelines of the World Economic Forum, speaks with Neha Narula, the director of the MIT Digital Currency Initiative to discuss the trends of both digitalization and innovation pertaining to stablecoins, digital currencies and the future of public money, 

Their conversation takes a deeper dive into the interesting way in which crypto is perceived among the establishment at the WEF. Despite there being fewer direct panels on the topic during the WEF Congress, Narula observes that every other panel on finance couldn’t avoid talking about crypto. It shows, she says, that despite the fallout from all the speculation in “token casinos,” the technology is “not going away.”

Neha also shares about Project Hamilton, the experimental digital cash project that MIT is driving in partnership with the Federal Reserve Bank of Boston. It’s a digital dollar prototype idea that explores the parameters of what it means to produce “public money” with the rights that need to go along with that. She explains that in some respects it’s an effort to recreate cash, noting that “you don’t have to sign a terms of service or download an app” to use cash, and where the privacy of the user is preserved.  

Narula talks about how important it is that MIT convinced the Fed to adopt open-source code for the project because “this is your money and you have to be able to see what the code is doing.”

See Also:

TED talk on the Future of Money

https://dci.mit.edu/neha-narula 

http://nehanarula.org 

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

An optimistic perspective on the fusion of AI and blockchain technologies, with augmented reality as a potential emerging frontier.

This episode is sponsored by PayPal

In this episode of "Money Reimagined," Sheila Warren delves into the exciting convergence of blockchain, AI, and digital assets, particularly emphasizing decentralized storage and processing, with Shawn Wilkinson Founder & CSO of Storj. 

Wilkinson highlights his journey from founding a distributed cloud storage company, Storj, to developing a distributed GPU platform for AI. The conversation touches on the challenges of crypto adoption and the critical role of token economics in incentivizing engagement in distributed computing and storage projects. Furthermore, Shawn discusses the potential cost savings and security benefits of decentralized systems in AI and cloud computing. Regulatory challenges in the US crypto market are explored, with an emphasis on the importance of building practical, real-world solutions. 

LINKS:

storj.io 

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PYUSD, a stablecoin made for Payments. 1USD = 1PYUSD.

Introducing PayPal’s new digital currency, PayPal USD (PYUSD), a stablecoin backed by U.S. dollar deposits, U.S Treasuries and similar cash equivalents. Buy, sell, hold, and transfer it in our app or site and explore Web3 with a payments brand that has been trusted for over 20 years.

Get Started now at paypal.com/pyusd

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Money Reimagined has been produced by senior producer Michele Musso, edited by associate producer Ryan Huntington and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Market reactions, regulatory realities, political perspectives, and AI's rise in a comprehensive overview with a focus on Bitcoin's price reaching over 44,000. 

This episode is sponsored by Cboe Digital

In this week's installment of "Money Reimagined," your hosts Michael Casey and Sheila Warren hash out an in-depth discussion on the latest in crypto news including the recent surge in Bitcoin to over 44k, regulatory crackdowns on exchanges, and the enduring impact of blockchain and crypto. -“Blockchain and Bitcoin aren’t going anywhere!”

But that's not all—this episode is packed with insights! From Jamie Dimon's bold call to ban Bitcoin to shifts in political leadership; Casey and Warren explore the opportunities and responsibilities facing the crypto community. They also shed light on the OpenAI transparency and accountability crisis. As Casey argues that AI development is being controlled by a small group of powerful elites, advocating for opening up the AI process, including code, data, and algorithms, to promote auditability and accountability.

And of course, don't miss out on CoinDesk's much-anticipated Most Influential list of 2023. Get ready for a resourceful, engaging discussion that covers the hottest topics in the crypto space.

Links | 

Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K

House's McHenry Says He Won't Seek Reelection, Costing Crypto a Top Ally

 Most Influential 2023 by CoinDesk

JPMorgan's Jamie Dimon Bashes Crypto: 'I'd Shut It Down' 

JPMorgan's Jamie Dimon Says He's 'Deeply Opposed' to Crypto; Could Bitcoin Reach $125K Next Year?

From our sponsors:

Do you have a trusted partner for your crypto trading? Cboe Digital will introduce financially settled margin futures on Bitcoin and Ether on January 11th, 2024 with physically delivered contracts to follow.  Listed and cleared on Cboe’s U.S. regulated exchange and clearinghouse, and complemented by a liquid crypto spot market for greater ease and access.  We invite you to learn more about this and all applicable risk disclosures at cboedigital.com/coindesk.

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week on “Money Reimagined,” we reflect back on the “Nixon Shock” of Aug. 15, 1971 - 50 years ago this week – when the dollar was removed from its peg to gold and the world of finance was turned upside down.  

This episode is sponsored by Unique One Network.

Eswar Prasad, an economics professor at Cornell University, senior fellow at the Brookings Institution and author of a number of books on currencies and the international monetary system, joined Michael Casey and Sheila Warren to discuss the legacy of this moment. Also chiming in was CoinDesk’s managing editor of podcasts, Adam B. Levine. 

When President Richard Nixon made his drastic decision to remove the dollar from its peg to gold, it prompted all other countries to de-peg their currencies from the dollar, thereby ending the Bretton Woods managed exchange rate system that had been in place since 1944. By extension, it kickstarted the era of fiat currencies that we still live in.

The world that emerged out of that move – one in which the supply of currencies was now at the discretion of monetary officials – set the tone for the current challenges of the global financial system and the powerful role that central banks now play. This monetary history also provides vital context for the efforts by bitcoin and cryptocurrency advocates to build an alternative to that system. 

Prasad recognized the disruption that digital currency technology seems poised to bring to the world of money and sees a competition for supremacy emerging. However, he was lukewarm about the utility of bitcoin in that future, in part because he believes the element that most bitcoiners are drawn to – its fixed supply – is more of a bug than a feature. The real risk in the global economy, he says, is a fall in prices, not inflation. To stave off the threat of a self-destructive deflationary spiral, he said, monetary issuers need discretionary power to increase money supply

That set up a healthy debate with Levine, who argued for the superiority of the Bitcoin protocol’s predictable supply function to generate public “trust” over the discretion of central bankers and who claimed that inflation has been severely understated ever since the Nixon Shock.

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Unique One Network is an interoperable platform for DeFi-enabled NFT marketplaces, in a variety of sectors, built on Polkadot Parity Substrate. Unique One Network’s cross-chain NFT hub facilitates transfers between a variety of blockchains and ecosystems, unleashing the power of NFTs with myriad innovative capabilities. Find out more at Unique One Network.

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This system is broken. It has become a leviathan – too big, too comprehensive. Giant fines have skewed the risk-versus-payoffs for banks, which impose compliance on everyone regardless of size. (This is despite AML guidelines typically allowing ID exemptions for transfers of up to $1000, and in the U.S. up to $3,000.)

It’s time to scale down, not up.

“There is a principle in design that in order to optimize the system, to maintain the most positive outcome, we have to sub-optimize the sub-systems,” crypto compliance expert Juan Llanos said during this week’s episode of the Money Reimagined podcast. “That means we may have to learn to live with a little money laundering. We might have to live with the risk that someone in Somalia might be a criminal trying to get through the cracks.”

A more open mind from regulators toward cryptographic technologies that help regulators manage system-wide risks without imposing strict identity requirements on everyone would also be welcome. Research by the MIT-IBM Watson AI Lab into how to identify system risks within otherwise anonymous bitcoin transaction flows offers one potential way forward. 

The test is whether policymakers can respond to the human cost of the existing approach.

“Is this the system that really promotes prosperity in our world?” C-Labs General Counsel Brynly Llyr asked during the same podcast episode. “I mean, yes, money laundering is very serious, tax evasion is very serious, but when we look at the remittance markets and the folks who are relying on … transfers of $50 and $100 ... is this really what we want our system to be cracking down on? Is this the best use of our resources?”

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It is true that times have changed, but the industry hasn't done itself any favors recently when it comes to its reputation. Concerning the fabric of financial services, things are never that straightforward. The last year has demonstrated that there has indeed been fraud, manipulation and illegal activity involving crypto, although not directly related to crypto. 

So what is next in the complicated web of financial integrity and national security?

On this episode of “Money Reimagined,” while Michael Casey is in Davos, Switzerland, host Sheila Warren speaks with two of the foremost experts on this topic, Dr. Marcus Pleyer, the former president of the Financial Action Task Force and now the deputy director general of Germany’s Federal Ministry of Finance; and Yaya Fanusie, director of policy for AML and cyber risk at the Crypto Council for Innovation and an Adjunct Senior Fellow at the Center for a New American Security (CNAS).

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Franklin Templeton SVP Sandy Kaul shares how to transform the financial industry and democratize access to alternative investments by empowering individuals to benefit from the assets and networks they build.

This episode is sponsored by Consensus 2024 

Now Available for pre-order | 

Michael Casey’s New Book with Frank H. McCourt, their forthcoming book:  Our Biggest Fight: Reclaiming Liberty, Humanity, and Dignity in the Digital Age

In this episode of  "Money Reimagined," hosts  Michael Casey and  Sheila Warren interview Sandy Kaul, Senior Vice President and Head of Digital Asset and Industry Advisory Services at Franklin Templeton. They discuss the future of the internet, the role of blockchain and smart contracts in transforming the financial industry, and the potential for tokenization to democratize access to alternative investments. They also explore the concept of the ownership economy and the importance of interoperability in the protocol economy. 

Chapters

00:00 Transforming the Financial Industry

19:18 Democratizing Access to Alternative Investments

28:38 The Rise of the Ownership Economy

35:15 The Protocol Economy: Direct Participation and Rewards

41:26 The Impact of Bitcoin ETFs

Links | 

forbes.com/sandy-kaul 

Franklin Templeton 

Crypto Council for Innovation 

CoinDesk.com

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Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences.  Take 15% off registration with the code MRP15. 

Register now at consensus.coindesk.com

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Bitcoin’s potential to revolutionize the global economy through financial inclusivity and enhanced efficiency lies in its technology and the innovations that can be built on top of the blockchain.

This episode is sponsored by Consensus 2024 

Now Available for pre-order | 

Michael Casey’s New Book with Frank H. McCourt, their forthcoming book: Our Biggest Fight: Reclaiming Liberty, Humanity, and Dignity in the Digital Age

In this week's installment of "Money Reimagined," hosts Michael Casey and  Sheila Warren are joined by Tim Draper, Venture Capitalist and Founder at Draper Associates/DFJ/Draper University. The discussion delves into Bitcoin's evolution, its interactions with L1s and L2s, and analyzes the ramifications of spot ETF approval on Bitcoin's rebellious ethos. How does Bitcoin contribute to global wealth creation, and what is its potential to revolutionize the world economy, with a focus on user experience and upcoming innovations on the Bitcoin blockchain?

Takeaways | 

Bitcoin's evolution goes beyond investment opportunities and explores its potential as a transformational economy.

The spot ETF approval validates Bitcoin's presence in the traditional financial system but also raises concerns about its rebellious ethos.

Bitcoin has the potential to create global wealth by providing liquidity and enabling participation in the world economy.

The future of Bitcoin lies in its technology and the innovations that can be built on top of the blockchain.

The age of AI will bring new challenges and opportunities, and Bitcoin can play a role in creating a depoliticized and decentralized form of money.

Links | 

Why Tim Draper Is Still Bullish on Bitcoin:

https://www.youtube.com/watch?v=7GFZI5dq88E

A recent book that he launched:

Amazon.com: How to be The Startup Hero: A Guide and Textbook for Entrepreneurs and Aspiring Entrepreneurs eBook : Draper, Tim: Kindle Store 

The World Economic Forum  

CoinDesk.com

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Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MRP15. 

Register now at consensus.coindesk.com

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A seamless mix of reflection and anticipation of compelling discussions and featuring in this second half of the conversation, the political, economic, and global implications of Bitcoin.

This episode is sponsored by Cboe Digital

We are celebrating the holiday season with a special "Money Reimagined" edition featuring the hosts' top picks from the year in our 'Best of' compilation.

In this week's episode, Michael Casey selects two of his favorite picks: 

• A Rant | The Labyrinth of Digital Feudalism’s Grip and the Quest for Intentionality
• ‘Flipping the Narrative’: Stories and Statistics of Bitcoin With Troy Cross | Part 2 

In the first installment, Sheila Warren takes the spotlight, joining co-host Michael Casey for an impassioned discussion. She recounts her morning encounter with Google, unraveling the pervasive hold of digital feudalism. Brace yourself as she explores how the allure of convenience ensnares us in the intricate web of modern existence.

The second pick is Part 2 of Michael Casey and Sheila Warren’s conversation into the world of Bitcoin and climate change with environmentalist and Bitcoin mining OG Troy Cross. Troy, is not only a Professor of Philosophy and Humanities at Reed College but also a distinguished Fellow at the Bitcoin Policy Institute.

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From our sponsors:

Do you have a trusted partner for your crypto trading? Cboe Digital will introduce financially settled margin futures on Bitcoin and Ether on January 11th, 2024 with physically delivered contracts to follow. Listed and cleared on Cboe’s U.S. regulated exchange and clearinghouse, and complemented by a liquid crypto spot market for greater ease and access. We invite you to learn more about this and all applicable risk disclosures at cboedigital.com/coindesk.

-

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Cryptocurrencies were once an obscure topic in Washington, something  a lawmaker could comfortably ignore without worrying about the impact on their political prospects. Not anymore.

This episode is sponsored by Quantstamp and Insider Protocol.

In this week’s episode of Money Reimagined, co-hosts Michael Casey and Sheila Warren examine the small but growing political clout that the crypto industry is acquiring. The wealth the industry generates buys influence and drives the creation of products and services that threaten the incumbent interests of the existing political-financial system. 

They do so with the help of Jarrod Loadholt, a partner within law firm Ice Miller’s Public Affairs Group, who, among other prior roles, has acted as senior counsel to the House Committee on Financial Services and CoinDesk’s own Nikhilesh De, our managing editor for policy and regulation.

Loadholt and De walk us through the many regulatory issues coming down the pike for the crypto and digital assets industry. They discuss the fight over the infrastructure bill’s flawed crypto tax-reporting provision and what it means for crypto companies’ compliance obligations, the outlook for ETFs and the need for an international regulatory framework for the industry. 

They also talk about the possibility of a turf war between the Commodities and Exchange Futures Commission and the Securities and Exchange Commission, whose crypto-savvy chairman, Gary Gensler, is signaling an expanded role for the SEC in areas such as decentralized finance (DeFi).

The story that emerges is one of the legitimization of the industry as it starts to earn a seat at the table. However, extreme tensions will also continue to generate around this highly disruptive technology as the pace of innovation accelerates and continues to develop products that either skirt the law or occupy an ambiguous space within it.

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Quantstamp is the leader of blockchain security, having secured over $100 billion worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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The Option X algorithm from Insider Protocol allows not only hedge funds but also ordinary users to earn up to 25% per month using the High Frequency Trade Layering method with our Bitcoin bot. You can swap your crypto instantly with our Atlas Swap. For more information, visit insiderprotocol.com.

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In the second of our “OG edition” episodes, “Money Reimagined” hosts Sheila Warren and Michael Casey sit down with legendary investor, startup mentor, prodigious networker, kite surfer and passionate conservationist Bill Tai. 

This episode is sponsored by Quantstamp and Insider Protocol. 

And as an added bonus, he is joined by Danny Yang, the CEO and cofounder of NFTs-for-charity provider Nfinita, of which Tai is the chairman. According to its website, Nfinita is working to “make giving more sustainable and scalable through NFTs, and to enable any NFT to be charitable.” 

The episode is timed with the launch of OnChain Monkey, a

10,000-part collection of monkey-themed NFTs. Uniquely, the collection was created in a single transaction, dramatically reducing the transaction costs that would have otherwise been incurred by any charity that was looking to issue such NFTs for fundraising purposes. 

In the episode, Tai and Yang explain how the project is looking to tap into the organizing power of communities of interest to drive the development of environmental and social impact projects. Danny also laid out Nfinita’s thinking in a blog post released shortly before this episode. 

But to get this part of the story, the episode starts with Bill Tai’s personal journey. It began in bitcoin way back in 2010, famously captured in a tweet in which asked whether anyone else was experimenting with bitcoin, which he described as a “P2P digital currency” with “fascinating potential.”

But before that, as Tai recounts, it was his experience with the online game Second Life, founded by his friend Philip Rosedale, that led him to discover bitcoin. Money, he explains, is a force that drives the formation of communities, which is why Second Life took off after it created the Linden dollar.

From there it is a decade-long journey to a related idea and Tai’s latest passion: NFTs as a motivator of value to bring like-minded people to form communities around causes they believe in. It is a natural extension of Tai’s work as a conservationist, cultivated particularly in relation to the oceans, where he spends a great deal of his time kite surfing. 

The conversation also delves into Tai’s enviable investment record, having been an early investor in massive success stories such as Zoom, Canva and BitFury, and his reputation as an uber-networker who has a knack for building relationships across ideas and communities. 

In a period in which angst and concern loom heavy in many places, it’s a conservation that generates an infectious positivity and a hopeful view of how to solve the world’s many problems. 

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine.

Our theme song is ‘Shepard’. 

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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The Option X algorithm from Insider Protocol allows not only hedge funds but also ordinary users to earn up to 25% per month using the High Frequency Trade Layering method with our Bitcoin bot. You can swap your crypto instantly with our Atlas Swap. For more information, visit insiderprotocol.com

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See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Nexo.io and Quantstamp.

Explorations into digital currency technologies will shape the evolution of the global financial system, so understanding the African continent’s approach to money is key.

Joining this episode of “Money Reimagined” with hosts Sheila Warren and Michael Casey is Elizabeth Rossiello, CEO of African fintech firm AZA Finance. Rossiello previously joined the show in 2020 to discuss international crypto adoption.

AZA announced this week a partnership with exchange FTX to build continent-wide infrastructure, education programs and crypto solutions to help accelerate Africa's integration into the emerging Web 3 economy.

Though there were challenges, innovative solutions were found to implement effective digital payment solutions across the continent. How will crypto’s influence impact Africa in the coming years?

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. Our theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Nexo.io and Quantstamp.

Our faith in the reliability of digital media is, simply put, broken.

The proliferation of disinformation online has seeped into all aspects of life. Elections, the pandemic, and now, a war are all targets of organized campaigns to obfuscate or even rewrite truth and facts. At the same time, censorship of vulnerable populations is on the rise, only further restricting the flow of information.

Enter cryptography, decentralized networks and the blockchain. 

Joining “Money Reimagined” with Sheila Warren and Michael Casey is Jonathan Dotan, founding director of the Starling Lab. Dotan and the Starling Lab are prototyping cryptographic methods and decentralized web protocols with the aim of establishing trust in the future of history, journalism and law.

Irrefutable evidence of war crimes was brought forth during the Nuremberg trials following World War II, ensuring some form of justice would come to fruition. In 2022, Ukrainian citizens are now the ones recording this irrefutable evidence, equipped with smartphones and social media. New tools are needed to preserve this unprecedented flow of information to eventually render justice for those impacted by the war.

Is blockchain technology the solution?

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Take your crypto to the next level with Nexo. Invest and swap instantly, earn up to 20% APR on your idle assets or borrow cash against them at industry-leading rates. Get started today at nexo.io to receive up to a $100 welcome bonus. Valid through March 31.

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, TX. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code MoneyReimagined15 to get 15% off your GA and Pro pass at coindesk.com/consensus2022.

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. Our theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Messari’s Ryan Selkis from Bitcoin to crypto policy.

Now Available | 

Michael Casey’s New Book with Frank H. McCourt, their forthcoming book: Our Biggest Fight: Reclaiming Liberty, Humanity, and Dignity in the Digital Age

In this episode of "Money Reimagined," host  Michael Casey and  Sheila Warren

interview Ryan Selkis, CEO of Messari, about his journey in the crypto industry and his views on crypto policy and politics. They discuss Ryan's early days in Bitcoin, his role in breaking the Mt. Gox story, and his decision to focus on crypto policy. Selkis explains his belief that a pro-crypto US government would benefit the industry and argues that voting for Trump is the way to achieve this. At the same time, Warren emphasizes the importance of bipartisan engagement and working with Congress. 

The conversation covers various topics related to politics, policy, and the role of cryptocurrency.

Chapters | 

00:00 Introduction and Background

01:24 Early Days in Crypto

08:44 Ryan Selkis: A Crypto Personality

09:13 Crypto Policy and Politics

30:46 The Role of Political Pressure in Cryptocurrency Legislation

36:04 Crypto as a Defense Against AI and Protection of Individual Rights

38:31 The Importance of Small Government Principles in Crypto

40:47 The Impact of Social Media Polarization on Politics

Links | 

Messari 

Crypto Council for Innovation 

CoinDesk.com

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Nexo.io and Quantstamp.

Joining “Money Reimagined” hosts Michael Casey and Sheila Warren is Gavin Wood, co-founder of Ethereum and founder of Parity Technologies, which produces Polkadot. More recently, Wood founded the Web3 Foundation, an organization aiming to fund development teams building the decentralized internet.

First, Wood walks through the founding ideals of Polkadot, including its focus on decentralization, interoperability and efficiency. He next explains the technologies Polkadot introduced to meet the ideals and help accelerate experimentations into the future Web 3.

Wood views the transition from Web 2 to Web 3 not as an optional step, but a necessary one, adding, “We cannot afford to base our infrastructure on fundamentally flawed centralized technologies.” The current internet’s flaws in centralization and privacy concerns will be challenging to overcome in the next iteration of internet technologies, but Wood is optimistic that with the right incentives, these new solutions will be created that align with the needs of users.

How long until this vision of a better web is actualized?

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

-

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. Our theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Blockchain technology has accelerated conversations around decentralization, anonymity, agency and empowerment around the world. On this week’s “Money Reimagined,” hosts Michael Casey and Sheila Warren are joined by two experts to discuss digital security and privacy, with a focus on India. 

This episode is sponsored by Unique One Network.

Dr. Usha Ramanathan is a lawyer and human rights activist in India. She has worked since 2009 to critique and challenge India’s controversial digital identity program. Marta Belcher serves as general counsel of Protocol Labs, chair of the Filecoin Foundation and special counsel to the Electronic Frontier Foundation. Belcher recently testified on crypto before the U.S. Senate Committee on Banking, Housing and Urban Affairs.

Initiatives have been popping up around the globe, claiming to address social issues such as banking the unbanked, humanitarian data within refugee camps and identification programs to increase access to governmental programs. There is a romantic appeal to believing these initiatives are built upon a foundation of good intentions, but the reality is often far more complicated, with motivations like a simple money grab, user data collection, or surveillance coming into the mix. And regardless of intentions, these efforts often result in harmful consequences to the users they are engaging.

India’s Aadhaar structure, a biometric, digital and physical identity system, is the world’s largest biometric ID system. It is highly centralized, and the data honeypot it presents has gotten the government of India in trouble more than once. An increasing number of systems, from the mundane like grocery shopping to the official like marriage registrations, require an Aadhaar number.

And it’s not a perfect system. Individuals can and have been barred from receiving essentials because of technical snags in the registration process with Aadhaar. The system also brings up serious privacy concerns.

While some choose to use blockchain technology for its ability to transact anonymously, others work towards establishing digital self-sovereign identity solutions. Where is the balancing point between anonymity and ease of use? Is the additional space anonymity provides around an individual essential to their rights in markets and society?

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Unique One Network is an interoperable Platform for DeFi enabled NFT Marketplaces, in a variety of sectors, built on Polkadot Parity Substrate. Unique One Network’s crosschain NFT hub facilitates transfers between a variety of blockchains and ecosystems, unleashing the power of NFTs with myriad innovative capabilities. Find out more at Unique One Network.

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Image credit: anand purohit/iStock/Getty Images Plus, modified by Coindesk

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The approval of Bitcoin ETFs has both legitimization and inclusion implications, but the impact on the market is still uncertain. Will a Grayscale ETF Approval Affect Bitcoin's Decentralization and Future Blockchain Technology? 

In this episode of  "Money Reimagined," hosts  Michael Casey and  Sheila Warren discuss their experience at Davos and their interview with Michael Sonnenshein, CEO of Grayscale. They explore the recent approval of the Grayscale Bitcoin Trust (GBTC) ETF and its impact on the market. They also delve into the intersection of AI and crypto, highlighting the potential for blockchain technology to address issues in AI such as bias and deep fakes. The hosts debate the implications of the ETF approval for Bitcoin's decentralization and the battle for its soul. They also touch on the challenges and potential outcomes of the upcoming Ethereum ETF applications.

Links | 

Grayscale's GBTC Has Moved More Than 100K BTC to Exchange Since Spot Bitcoin ETF Launch 

Is Grayscale Takeover Bait Amid Bitcoin ETF Battle?

FTX Affiliate Alameda Research Drops Grayscale Lawsuit

World Economic Forum 

Crypto Council for Innovation 

Michael Sonnenshein | CEOI

Grayscale 

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Roofstock onChain

Relm Insurance CEO Joe Ziolkowski spoke with us a few episodes ago about the growing demand for off-chain, crypto-specific insurance and the likelihood of non-crypto insurance products offered on-chain. 

On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren speak with Denis Pitcher, chief fintech adviser to the Office of the Premier in the territory, and Chancellor Barnett, chairman of Jewell Bank, the first recipient of Bermuda’s digital asset banking license; to discuss the other side of Bermuda’s crypto infrastructure as an authority in “firsts” when it comes to the private sector.

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”

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Roofstock onChain allows you to instantly transfer ownership of real-world homes using standard NFT smart contracts. Buy and sell homes with one-click, pay with crypto, and access DeFi lending options. Find our web3 homes at onchain.roofstock.com or your favorite NFT marketplace.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What is the purpose of staking? And what is the motivation? 

On this episode of “Money Reimagined,” Michael Casey and Sheila Warren will be exploring the ever-evolving world of staking with CoinDesk Ethereum protocol reporter Margaux Nijkerk. 

Some are calling it the Shanghai upgrade. Others say that technically, it’s the Capella upgrade. Still, others are merging the two and calling this the Shapella upgrade. 

Whatever you call it, this week’s “Money Reimagined” episode is tackling one of the more important changes to Ethereum’s core code since last year’s successful Merge to a proof-of-stake consensus mechanism. The key part of is the 32 staked ether each validator was required to lock up before and after the Merge to bootstrap the system is now being unlocked. 

This might sound like a nerdy topic. But thanks largely to the excellent, clear explanations of Margaux Nijkerk, the episode makes it clear that everyone should care about this as the upgrade opens up some important questions that go to the heart of crypto’s core principles:

• How to democratize blockchain systems so all users, not just the whales and corporate entities, have a stake (literally) in their governance and validation mechanisms 

• Whether the Securities and Exchange Commission’s recent crackdown on Kraken’s staking-as-a-service offering in the U.S. will make it easier or harder for individuals to participate 

• What all this means for arguably the most important principle of all: the goal of decentralization, the idea that a cabal of big players can’t ever collude to censor transactions 

You’ll also hear a discussion of what unlocking such a large amount of ether might mean for the token’s price, get some education on how blockchain developer communities coordinate such upgrades and are invited to contemplate what all this means for the future of crypto. 

See Also:

ConsenSys, Developer of Ethereum Software, Says zkEVM Public Testnet to Go Live March 28

Shanghai + Capella = 'Shapella': How Ethereum Devs Now Refer to Upcoming Upgrade

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Michele Musso produced and edited this episode with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”

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Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry’s most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.

On today’s episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren explore some recent work by the Bretton Woods Committee, a body that was founded in 1983 to help improve the effectiveness of international financial institutions, such as the International Monetary Fund and the World Bank. The latest brief from the Bretton Woods Committee highlights the potential blockchain technologies have in boosting privacy, lowering costs associated with international payments and remittances and advancing financial inclusion. 

The hosts are joined by one of the brief’s authors, Deepika Sharma, who is a director of research within the multi assets, strategies and solutions group at BlackRock; and by William Dudley, the chairman of the committee's board of directors and former president of the Federal Reserve Bank of New York.

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine with additional production support from Eleanor Pahl and Nia Freeman. Our theme song is “Shepard.”

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EY is proud to sponsor “Money Reimagined.” As businesses prepare for the token economy, EY is committed to building a better working world and connecting global business ecosystems on the public Ethereum blockchain. To learn more about the EY Blockchain portfolio of products and services, visit blockchain.ey.com.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Blockchains are systems of governance written into code, algorithms dictating how users behave. The question of who gets to develop these systems and these rules becomes immensely important.

Joining “Money Reimagined” hosts Michael Casey and Sheila Warren are Susan Joseph, executive director of fintech at Cornell, and Cleve Mesidor, executive director of the Blockchain Foundation. The guests provide insights on why crypto is not yet a diverse industry and steps to improve access and education for all.

Crypto, with its innovations in financial technology, provides underbanked populations with better access. But even when these groups have access, they might not receive the same treatment as others. Crypto needs to incentivize inclusion, respect, inclusion and empowerment to improve the industry for all who partake in it.

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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EY is proud to sponsor “Money Reimagined.” As businesses prepare for the token economy, EY is committed to building a better working world and connecting global business ecosystems on the public Ethereum blockchain. To learn more about the EY Blockchain portfolio of products and services, visit blockchain.ey.com.

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Consensus 2022, the industry’s most influential event, is happening June 9-12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code MONEYREIMAGINED15  to get 15% off your GA and Pro pass at coindesk.com/consensus2022.

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. Our theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

New York City was all about NFTs this week as the third edition of NFT.NYC, New York’s non-fungible token conference, took place. It went off with a bang!

This episode is sponsored by Quantstamp and Nexo.io.

The event has come far from its humble origins in 2019 and this year’s featured 600 speakers across three days and six venues throughout the city. Over the course of the event, 15 different NFT-themed billboards were featured in Times Square. 

In this episode of “Money Reimagined” Sheila Warren and Michael Casey figure out what to make of the overwhelming display of innovation, creativity and speculative fervor that was unleashed with this event. To do so, they tapped the insightful mind of Sam Ewen, the head of CoinDesk Studios, who explains what this week’s conference represents and how the greater phenomenon of NFTs is sweeping through society.

The discussion explored the driving factors behind the energy that was on display, and it says about the current NFT zeitgeist. The event, which attracted 5,500 registered attendees and many more who turned up for the sideline parties and entertainment, has exploded in size since its last showing in February 2020. Back then, the event was in just one theater housing a modest gathering of early NFT enthusiasts. This year, there were more than 600 speakers appearing in concurrent programming across six venues. 

Just as important was the massive amount of promotion underway. There were hundreds of exhibitors with products using NFTs for everything from music rights to wine collecting. Meanwhile, many NFT platforms, flush with cash from this year’s investment boom, put on raging parties with A-list DJs and bands and spectacular digital art installations. 

To Ewen, what stood out was the passion of the various NFT communities. He described it as “evangelism,” a force that is helping to grow this space at as rapid a clip as the money that early investors are making. 

But he also highlighted the hurdles, including the challenge of “gas fees,” the high transaction costs users incur for trading NFTs, especially on the Ethereum blockchain. 

Either way, the conclusion from the discussion is that something big is happening in this sector, something could transform the digital economy as we know it. It’s just that with things moving so fast, it’s very difficult to predict what exactly that change will look like. 

 This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional support by Eleanor Pahl. Our theme song is “Shepard.”

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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Nexo.io lets you borrow against your crypto at 6.9% APR, earn up to 12% on your idle assets, and exchange instantly between 100+ market pairs with the tap of a button. Get started at nexo.io.

-

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Near.

Now in the bear market, we are approaching the potential for a secure, privacy-preserving Web3. 

Why is it so important or even possible to have a truly portable identity now more than ever?

On this episode of “Money Reimagined” hosts Michael Casey and Sheila Warren speak with Greg Kidd, a serial entrepreneur, investor, and the founder of the Hard Yaka investment group. As an early investor in companies such as Twitter, Square, Ripple, Coinbase, and Twilio, Gregg also started a digital identity company called GlobaliD.

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer Jared Schwartz. Our theme song is “Shepard.”

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NEAR is a simple, revolutionary Web3 platform for decentralized apps, created by developers for developers. More than 700 projects are now building on NEAR’s fast, secure and infinitely scalable protocol, from DeFi apps to play-and-earn games, NFT marketplaces and more. Start your developer journey now by visiting NEAR at near.org. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The challenges of crypto journalism ( journalism as a whole) and the necessity of holding key players accountable cannot be understated, as journalists grapple with the complex dynamics of a transforming industry.

This episode is sponsored by CME Group and PayPal.

In today's episode of "Money Reimagined," hosts Michael Casey and Sheila Warren delve into the crucial role the press plays in shaping public perception of emerging technologies. They discuss the ongoing evolution of journalism, influenced by tech monopolies and the impact of social media, that underscores the need for adaptability and a commitment to fair and balanced reporting. Furthermore, blockchain's potential to establish trust in journalism through immutable records and provenance of information holds promise, even as the limitations of blockchain analysis and AI in understanding intricate financial data remain evident. 

In the age of decentralization, journalists play a vital role in safeguarding the public interest and revealing conflicts of interest in blockchain. Outlets like CoinDesk offer comprehensive coverage and expert insights on AI and decentralized technology. In this digital era, Casey and Warren stress the ongoing importance of journalistic integrity and ethical standards, especially as AI gains prominence.

Links to topics discussed in this episode | 

The story that started it all:

Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance Sheet

A year in review: 

A Year After Sam Bankman-Fried's Downfall, Solana and Other FTX Holdings Are Flying High 

Wall Street Journal and Elliptic controversy explained

Elliptic disavows WSJ report on Hamas' crypto fundraising 

Wall Street Journal corrects article misciting Hamas' crypto

When AI and Blockchain Merge, Expect the Mundane at First

What Crypto Can Learn From AI About Getting Its Way in Washington

AI Is Killing Crypto Venture Capital Interest

From our sponsors:

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bitcoin and ether trading. Participate in The Crypto Classic: Cryptocurrency Futures and Options

Trading Challenge from Dec. 10-15 for the chance to win cash prizes. Compete against your

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simulated environment. 

Visit https://www.cmegroup.com/cryptoclassic to find out more.

Disclaimer:

This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by recipients based in jurisdictions in which distribution is not permitted. The information herein should not be considered investment advice or the results of actual market experience. Past results are not necessarily indicative of future performance. Trading derivatives products involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation.

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PYUSD, a stablecoin made for Payments. 1USD = 1PYUSD.

Introducing PayPal’s new digital currency, PayPal USD (PYUSD), a stablecoin backed by U.S. dollar deposits, U.S Treasuries, and similar cash equivalents. Buy, sell, hold, and transfer it in our app or site and explore Web3 with a payments brand that has been trusted for over 20 years.

Get Started now at paypal.com/pyusd

-

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The conversations at Davos underscored the growing relevance of Web3 and AI in the crypto community, emphasizing their potential to empower individuals, challenge existing power structures, and facilitate decentralized networks by spreading data control.

This episode is sponsored by Consensus 2024 

Also Now Available for pre-order | 

Michael Casey’s New Book with Frank H. McCourt, their forthcoming book: Our Biggest Fight: Reclaiming Liberty, Humanity, and Dignity in the Digital Age

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In this week's installment of "Money Reimagined," hosts Michael Casey and  Sheila Warren discuss the conversations around Web3 and AI that took place at Davos. In particular, a conversation Michael had at Davos2024 with Stan Stalnaker the founding director of Hub Culture and a noted expert on the impact of social globalization on Web3 application to AI. 

They highlight the shift in discussions and the increasing relevance of these topics in the crypto community. The conversation emphasizes the interconnection of Web3 and AI and the need to address data ownership and self-sovereignty. They also explore the role of Europe in data regulation and the potential of Web3 to empower individuals and challenge existing power structures. The episode concludes with a call to action for listeners to engage in the conversation and advocate for data empowerment.

Takeaways | 

• The conversations at Davos highlighted the intersection of Web3 and AI and the increasing relevance of these topics in the crypto community.
• Data ownership and self-sovereignty are crucial in the Web3 ecosystem, and the conversation emphasized the need to address these issues.
• Europe plays a significant role in data regulation, and GDPR has paved the way for discussions on data empowerment.
• Web3 has the potential to empower individuals and challenge existing power structures by spreading data control and enabling decentralized networks.

Links | 

How AI and DePIN Will Change Web3 

Making Sense of Web3’s Burgeoning AI Ecosystem 

Hub Culture 

The World Economic Forum  

CoinDesk.com

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Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MRP15. 

Register now at consensus.coindesk.com

-

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Sheila Warren delves into the thrilling world of FinTech and crypto at Money 2020, with industry luminaries Patrick Murck and Chris Brummer; sharing their perspectives on the financial revolution.

This episode is sponsored by CME Group and PayPal.

In today's episode of "Money Reimagined," Sheila Warren is at the Money 20/20 Conference in Las Vegas and is joined by Georgetown Law Professor, author, and trusted advisor Chris Brummer; and Patrick Murck the President and Chief Legal Officer at Transparent Financial Systems, a member of the IMF’s High-Level Advisory Group on Fintech and an Affiliate with the Berkman Klein Center at Harvard University.

Warren, Brummer, and Murck delve into the convergence of boundaries, regulatory hurdles, and the evolution of user experience within the crypto and fintech domains.

They also touch on the tokenization of real-world assets, blockchain technology, and regulatory fit, all while considering the potential for an evolving asset class and seamless integration into traditional finance.

Links: 

Chris Brummer |  https://www.law.georgetown.edu/faculty/chris-brummer/ 

Patrick Murck | https://cyber.harvard.edu/people/pmurck 

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From our sponsors:

CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. These cash-settled contracts give full exposure to crypto performance without the hassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in a transparent, CFTC-regulated market. Visit cmegroup.com/crypto to learn more.

Disclaimer:

This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by recipients based in jurisdictions in which distribution is not permitted. The information herein should not be considered investment advice or the results of actual market experience. Past results are not necessarily indicative of future performance. Trading derivatives products involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation.

-

PYUSD, a stablecoin made for Payments. 1USD = 1PYUSD.

Introducing PayPal’s new digital currency, PayPal USD (PYUSD), a stablecoin backed by U.S. dollar deposits, U.S Treasuries and similar cash equivalents. Buy, sell, hold, and transfer it in our app or site and explore Web3 with a payments brand that has been trusted for over 20 years.

Get Started now at paypal.com/pyusd

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Why was the Philippines uniquely primed for the rapid and widespread adoption of Axie Infinity and other crypto opportunities?

This episode is sponsored by Quantstamp and Nexo.io.

Joining “Money Reimagined” hosts Michael Casey and Sheila Warren are Maoi Arroyo, serial entrepreneur and founder of Ignite Impact Fund, the first fund focused on eradicating income and access poverty in the Philippines, and Leah Callon-Butler, director of Emfarsis and screenwriter of the recent “Play to Earn” documentary. Maoi and Callon-Butler bring a depth of understanding of the economic, political and social context of the Philippines and the recent Axie Infinity phenomenon that swept the nation.

The island nation is heavily dependent on its Overseas Filipino Workers, whose U.S.-based workers sent a combined $12 billion dollars in cash remittances back in 2020 alone. The country also faces extensive corruption dating back to the Spanish colonial administration. The low trust of Filipinos in the national economy have pushed them to innovate new ways to interact with money.

Over the summer, the play-to-earn game Axie Infinity exploded in popularity, with a significant portion of its user base hailing from the Philippines. Many Filipinos recognized the opportunities abound within the play to earn economy, and more broadly with digital payment solutions and blockchain technology. What will this ambitious, mobile-native population adopt next?

This episode was produced by Michele Musso and Adam B. Levine, with editing by Jonas. This episode was announced by Adam B. Levine with additional support by Eleanor Pahl. Our theme song is “Shepard.”

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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Nexo is a powerful, all-in-one crypto platform where you can securely store your assets. Invest, borrow, exchange and earn up to 12% APR on Bitcoin and 20+ other top coins. Insured for $375M and audited in real-time by Armanino, Nexo is rated excellent on Trustpilot. Get started today at nexo.io.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Roofstock onChain.

The crypto world has been a little different every week after the fallout with FTX and the image of Sam Bankman-Fried versus the reality of what was actually happening has created distrust in the crypto industry. So where do we begin to ask the right questions to balance the need for security with privacy for the future? 

On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren speak with Juan Zarate, senior adviser for Transnational Threats Project and Human Rights Initiative at CSIS, the Center for Strategic and International Studies; to discuss how crypto companies can better prepare themselves for financial risks and what is a “rogue state.” 

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”

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Roofstock onChain allows you to instantly transfer ownership of real-world homes using standard NFT smart contracts. Buy and sell homes with one-click, pay with crypto, and access DeFi lending options. Find our web3 homes at onchain.roofstock.com or your favorite NFT marketplace.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.

The process of rule-making to determine a ‘Security’ is an unsettled issue that may need to be resolved in court. And separately, why the rise of AI, requires effective governance. 

On this episode of “Money Reimagined,” Michael Casey and Sheila Warren first, examine the latest regulatory news concerning the SEC's suit against both Binance and Coinbase, as well as the implications for the crypto industry and all government agencies. They are then joined by Kurt Hemecker; COO of the Mina Foundation, the public benefit corporation serving the Mina Protocol, to discuss a different area of regulation; artificial intelligence governance. 

Topic Links:

SEC Sues Crypto Exchange Binance, CEO Changpeng Zhao Over Multiple Securities Violation Allegations

SEC Sues Coinbase on Unregistered Securities Exchange Allegations

U.S. Doesn't 'Need More Digital Currency' Because It Has the Dollar, Says SEC's Gensler

What AI Governance Can Learn From Crypto’s Decentralization Ethos

Summary List:

The suit against Coinbase is different from other cases.

Comprehensive complaint against Binance.

How the industry is reacting to this complaint.

Introduction to Mina Foundation and the MINA protocol.

Mina, a layer one blockchain using zero-knowledge technology.

The rise of AI and the importance of governance.

Ethics and bias in voting- AI. 

Are we seeing a deep fake on Twitter? 

Proving humaneness on the blockchain.

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

From our Sponsor: 

EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency. EY: Helping you build a better working world. Find out more at blockchain.ey.com.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Roofstock onChain

Web 3, the metaverse and non-fungible tokens (NFT) have the potential to be a force for good in the world, to improve decentralization, raise underrepresented voices and empower creators. But with a digital land grab for virtual real estate growing fast, will people soon find themselves locked out of the metaverse?

On this “Best of” episode of “Money Reimagined” recorded in January 2022, hosts Michael Casey and Sheila Warren talk with Kevin Roose, New York Times tech columnist and author of “Futureproof,” a cautiously optimistic look into an automated, AI-filled and algorithmically driven future. Roose has also delved into the world of crypto: In March 2021, he wrote a column explaining non-fungible tokens (NFT), and then sold that column as an NFT for 350 ETH ($1.14 million at current prices.).

“I don't think we should feel like this is going to be entirely a good thing,” says Kevin Roose. “… [I]f Web 3 is becoming more like the offline world, in the sense of being exclusive and gate-kept in the ways that our physical world has been for so long.”

The future is rapidly approaching and the crypto industry is determined to establish its place in it. Web 3 is shaping up in opposition to the current Web 2, moving away from the centralized, data-driven approach of today's internet. Alongside Web 3 is the metaverse, where individuals can fragment themselves into two parts: their physical self, and their digital persona.

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This episode was produced and edited by Michele Musso, and our executive producer, Jared Schwartz. Theme songs used are by Dresden the Flamingo, Ryan Saranich, 6 Music, and Afternoonz. 

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Roofstock onChain allows you to instantly transfer ownership of real-world homes using standard NFT smart contracts. Buy and sell homes with one click, pay with crypto, and access DeFi lending options. Find our web3 homes at onchain.roofstock.com or your favorite NFT marketplace.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Post-Consensus 2024 reflections and examining the crypto industry and the implications of the U.S. Presidential election on its future.

Now Available | 

Michael Casey’s New Book with Frank H. McCourt, their forthcoming book:  Our Biggest Fight: Reclaiming Liberty, Humanity, and Dignity in the Digital Age

In this episode of  "Money Reimagined," host  Michael Casey and  Sheila Warren reflect on CoinDesk’s Consensus 2024 event in Austin, TX. They discuss the influence of the presidential election on the crypto industry and the hurdles of maintaining a nonpartisan stance. The hosts explore the nuances of political connections, the role of subtlety in conversations, and the need for a reasoned approach in an emotionally volatile environment.

Chapters | 

00:00 Introduction to the Aftermath of Consensus

02:58 The Impact of the Presidential Election on the Crypto Industry

07:22 Embracing Nuance and Logic in Discussions

Links | 

Consensus 2024 

Crypto Council for Innovation 

CoinDesk.com

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Nexo.io and Quantstamp.

Crypto’s public image has been dominated in the past week by two contrasting perspectives: financial freedom and sanctions evasion.

While the Ukrainian resistance has raised millions in crypto donations when traditional fundraising methods failed, some call for regulation to prevent Russia from using crypto to evade sanctions. 

Jonathan Levin, co-founder and chief strategy officer of blockchain analysis company Chainalysis, joins “Money Reimagined” to contextualize the current conversations on wartime cryptocurrency donations.

The recent uncovering of suspects in both The DAO and Bitfinex hacks represent how transparency inherent to blockchain technology can be an effective tool for law enforcement. But what if state actors exploit this tool?

As the complexities of crypto’s use in Ukraine and Russia continue to play out, it brings to light broader issues about how a society might maintain a balance of access, privacy and inclusion alongside security and the rule of law.

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Take your crypto to the next level with Nexo. Invest and swap instantly, earn up to 20% APR on your idle assets or borrow cash against them at industry-leading rates. Get started today at nexo.io to receive up to a $100 welcome bonus. Valid through March 31.

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

-

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. Our theme song is “Shepard."

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On this episode of “Money Reimagined,” Michael Casey and Sheila Warren engage in a captivating conversation with Brady Dale, a reporter from Axios and the author of the book "SBF: How the FTX Bankruptcy Unwound Crypto's Very Bad Good Guy." 

Brady shares his insights into the fascinating story behind the FTX bankruptcy and its impact on the world of cryptocurrency. The discussion delves into the political philosophy of crypto, taking stock of the current crypto landscape, and the motivations behind Brady's decision to write a first-person account of the crypto industry. Join them as they navigate through the complexities of crypto, exploring its triumphs, controversies, and the powerful characters that shape its future.

Topic Links and Stories: 

Axios.com/authors/bdale

SBF: How the FTX BankruptcyUnwound Crypto’s VeryBad Good Guy

Thanks Sam! How FTX Led to World’s Worst Crypto Policy

5 Lessons From 2022 That Changed Crypto Forever

Summary List:

• 0:00 Introducing brady dale, former co-writer at Axios crypto newsletter. | How fx bankruptcy unwound crypto. | The Political philosophy of crypto. 1:17 | Why did Brady Dale decide to write a book about cryptocurrency? 3:36 | The three most important cryptocurrencies are Bitcoin, Ethereum and Dogecoin. | Dogecoin’s original NFT and how it evolved. 8:44 | How did you first meet Sam? 13:17 | The calculus of what to do right. 20:05 | The EA movement and Sam. 23:40 | Disdain of institutions and disruption. 28:06 | Greatness and the rise of DeFi. 29:15 | A period of silence on social media. 32:58 | We are tribal creatures and tribes need leaders. 36:32 | Don’t Trust Verify. 38:18 | The inevitability of crypto’s future. 43:00

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The early days of the internet were characterized by challenges in finding and disseminating information, which has now shifted to the problem of information overload. Linux Foundations’ Brian Behlendorf shares his take on establishing identity and building trust in AI models. 

This episode is sponsored by Consensus 2024 

Now Available for pre-order | 

Michael Casey’s New Book with Frank H. McCourt, their forthcoming book: Our Biggest Fight: Reclaiming Liberty, Humanity, and Dignity in the Digital Age

In this episode of "Money Reimagined," hosts  Michael Casey and  Sheila Warren are joined by Brian Behlendorf, Head of AI Strategy at the Linux Foundation and CTO of the Open Wallet Foundation, to discuss the early internet era and its lessons. They cover challenges in disseminating information, the shift to centralization, and the importance of trust and decentralization. They also address open-source software, AI model openness, and the future of technology, emphasizing the need for inclusive and trustworthy digital ecosystems.

Chapters | 

00:00 Introduction and Background

03:01 Lessons from the Early Days of the Internet

08:10 Rethinking Trust and Decentralization

12:36 The Role of Open Source Software

22:23 Addressing the Challenges of Technology

25:33 Navigating the Flood of Information

27:33 Establishing Identity and Trust

34:33 The Potential of the Metaverse

39:16 Empowering Technology for Inclusive Experiences

Links | 

Linux Foundation 

Crypto Council for Innovation 

CoinDesk.com

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Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MRP15. 

Register now at consensus.coindesk.com

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY and Brave. 

What are the ongoing efforts, particularly in the United States and Europe, to regulate and control the use of cryptocurrencies and related technologies?

Governments may contend that these efforts are necessary to prevent illegal activities such as money laundering, terrorism financing and tax evasion. However, proponents of cryptocurrencies argue that such efforts are misguided and threaten individual privacy and freedom. The “War on Crypto” issue remains concerning, specifically in the U.S. 

In this episode of “Money Reimagined,” Michael Casey and Sheila Warren discuss their take on the latest happenings in the White House’s role in innovation, the value of decentralized governance, and power structures, semiconductors and Silicon Valley, the doomsday scenario and much more. 

On this show Michael and Sheila discuss:

• The War on Crypto.
• The White House’s role in innovation.
• The value of decentralized governance and power structures.
• Semiconductors and Silicon Valley.
• The doomsday scenario.
• Pushing back against the digital yuan.
• Infrastructure investment and infrastructure.
• And now a pressing issue is AI.

 See Also:

The Biden Administration Is Politicizing Crypto 

Coindesk Editorial: It Sure Looks Like the US Is Trying To Kill Crypto 

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EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency. EY: Helping you build a better working world.

Find out more at blockchain.ey.com

Brave is the privacy browser used by almost 60 million people worldwide. The built-in Brave Wallet is your secure passport to Web3. It supports over 100 chains, fiat purchases, swaps, NFTs, and even connects with other wallets and DApps. All right in your browser. No risky extensions, no spoofing. 

Learn more at brave.com/wallet.

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code MONEYREIMAGINED to get 15% off your pass. Visit coindesk.com/consensus.

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In the early days of blockchain technology, decentralized autonomous organizations (DAOs) seemed like a far-out, unattainable idea. How could an organization, a company or a collective, ever manage itself without anyone in charge? 

This episode is sponsored by PumaPay.io.

Then came the launch of The DAO, an Ethereum-based investment vehicle that subsequently collapsed due to a devastating hack, which in appropriating the acronym gave it a dirty name. It seemed real, functioning DAOs would forever be a pipe dream.

Yet, thanks largely to the success of decentralized finance (DeFi), DAOs are now here. They’re real. 

In this week’s episode, we explore how developers and investors are working through the complex process of bridging the human and legal needs of the outside world with these complex, decentralized systems run by blockchains, automated smart contracts, “multisig” tokenized collateral agreements. 

We were joined by two great guests, who helped us turn what might be otherwise seen as a nerdy topic into one of huge significance for the future of investing, innovation and economic development: 

Rune Christensen, chief executive officer of the Maker Foundation, which founded MakerDAO, the first truly successful DeFi DAO on the Ethereum blockchain, which generates the algorithmic stablecoin, dai. 

Ian Lee, managing director of IDEO Co-Lab Ventures and a co-founder of Syndicate, which enables groups of investors to fund DeFi projects and other ventures using DAOs and DAO-like structures. 

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You can think of this week’s episode as a nod to what crypto people call the “no coiners,” an effort to listen to the community’s critics and weigh the value of their analysis.

This episode is sponsored by Unique One Network, Mimo and Quantstamp.

To do so, “Money Reimagined” co-hosts Sheila Warren and Michael J. Casey are joined by Noelle Acheson, head of Market Insights at Genesis. (A trading company, Genesis is owned by CoinDesk parent Digital Currency Group.) The trio take a couple of crypto-critical essays and dissect them.

At a time when cryptocurrencies seem to be under attack, especially from government officials, it’s tempting for people in the crypto community to drop into defensive mode, which mostly translates into dismissive mode. 

Whether it’s criticisms of bitcoin’s energy usage, complaints about illicit activity through crypto, or people pointing out how many outrights scams are run through this technology, the industry’s response is typically to mock the critic for their ignorance or hypocrisy in ways that can sound to outsiders like whataboutism. 

Sure, sometimes it’s warranted, as with Crypto Twitter’s response to Sen. Elizabeth Warren’s (D-Mass.) claim earlier this week that a crypto-based financial system would be run at the “whims of some shadowy, faceless group of super-coders.” Some memes were acutely on point; many others were just downright hilarious.

But often the knee-jerk dismissiveness backfires against the community. It can come across as cult-like, a failure to embrace and learn from criticism and a reluctance to consider the views of others. This is not how you bridge divides and expand adoption. 

So, in its own humble attempt to take a more reflective stance, “Money Reimagined” takes a look at two noteworthy criticisms of the crypto space. 

One is a thoughtful essay entitled “I, Token: The untold story of the hole in Bitcoin's heart” from Brett Scott, an essayist who explores the intersection of money and society, often with the bent of an anthropologist. The piece argues that bitcoin enthusiasts fail to imbue the cryptocurrency with true meaning because they focus on the “function” of bitcoin (what it does) and not its structure (what it is). Along the way, he makes some compelling points about the difference between “price” and “value.”

The other is a blog post by International Monetary Fund staffers Tobias Adrian and Rhoda Weeks-Brown, in which they argue cryptoassets are not viable for governments to explore as alternatives to state-run currencies.

We hope you enjoy listening. 

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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This episode is sponsored by Roofstock onChain

What went wrong? How could companies valued in the tens of billions of dollars a few months ago suddenly be worthless? Was everything that came before FTX a mirage? Is it nothing but a shell game? A Ponzi scheme?

What let us down wasn't a technology failure; it was a human one.

On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren speak with Simon Johnson,  the Ronald A. Kurtz Professor of Entrepreneurship at the MIT Sloan School of Management, and Tyler Cowen, a professor of economics at George Mason University, about what this year's crypto effect means for the future. 

Simon is the author of five books, including his latest, co-written with Daron Acemoglu, “Power and Progress: Our 1,000-Year Struggle over Technology and Prosperity,” which will be published in May.

Tyler Cowen has 16 books written to his credit; his latest is “Talent: How to Identify Energizers, Creatives, and Winners Around the World.”

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”

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Roofstock onChain allows you to instantly transfer ownership of real-world homes using standard NFT smart contracts. Buy and sell homes with one click, pay with crypto, and access DeFi lending options. Find our web3 homes at onchain.roofstock.com or your favorite NFT marketplace.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Join Michael Casey and Sheila Warren as they speak with Matthew Davie the Chief Strategy Officer of Kiva and Alpen Sheth Senior Technologist of Blockchain at Mercy Corps. It's Finally 2021, the year we all were promised. Even though the calendar has turned, the world is still on a wild ride. So today we go back to the fundamentals.

They call it the charitable-industrial complex: a system where money for development, for humanitarian needs, and for improving the lives of billions is controlled through a top-down process, run by U.S. charities and shaped by U.S. tax rules and regulations.

The first Money Reimagined podcast episode of 2021 dives into the problems this creates. Can we get away from this top-down, centralized system to build a bottom-up model that empowers the people charities are trying to help? And will the decentralizing power of crypto and blockchain technology play a meaningful role?

In this episode we dig into the "why" of this empowering new technology. What's the point? And more importantly, who is it for?

“Reimagining money isn’t about money at all but more about the complexity of the systems surrounding it. [...]The exciting part about Crypto is that it has the potential to be a partial fix for the problems of exclusion plaguing our financial system” said Sheila Warren.

According to Matthew Davie, “There is a gap between the informal sector and the formal sector, and you can’t build a bridge without figuring out how to solve that problem. So, we came at this from the system side saying we need verifiable identity and how do we do that?”

“What we find is that the unbanked are just too broad of a category to comprehend so it has to be broken down. There [are] substantial gender inequalit[ies]. Whether its device ownership, around participation in the economy, around disasters... People are just stuck underneath layers and layers of intermediaries to just do basic activities” said Alpen Sheth

About our guests:

Matthew Davie @KIVA focuses on long term strategic initiatives to help drive systemic financial inclusion for the world’s most venerable populations. He oversees corporate strategy, emerging technology development, and policy and regulatory engagements.

Alpen Sheth, PhD, is Senior Technologist, Blockchain, at Mercy Corps. a blockchain advisor for companies in the insurance, identity, and energy sectors. Previously, he co-founded the Economic Space Agency, a blockchain R&D startup, and later became the Head of Product at etherisc.com, an insurtech company, creating smart-contract based applications in several different countries

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Join Michael Casey and Sheila Warren as they speak with tech ethnographer Tricia Wang and metaMe CEO Dele Atanda, as they dig into social media privacy and the value of personal data.

For the first time since the “Internet 2.0” era began at the turn of the millennium, the dominant social media, search and e-commerce platforms are facing existential challenges. The disruption could come from legal efforts as anti-monopoly lawsuits evolve in both the U.S. and Europe. Or it could come via some nascent alternatives to the platforms’ centralized model, including from blockchain-inspired startups. 

Wang, who joined us on this week’s episode of the “Money Reimagined” podcast, says these responses won’t lead to a meaningful alternative until we gain a better appreciation of the role data plays in our internet interactions. Data, she says, “is not just information. Data is relationships.”

The algorithms of Google, Facebook, Amazon and others place the greatest value not in static, simple information points like your name, address and income, but data that reveals your relationships with other people. That matters, Wang says, because the story of those connections is equally important to humans because it is our connections to others that describe who we are. 

The imbalance is not just that ad dollars flow to Facebook and Google rather than to the users who generate the content and build the audiences the platforms and their advertisers monetize. It’s that, as detailed in Shoshana Zuboff’s “The Age of Surveillance Capitalism”, we are trapped in an ever-tightening feedback loop in which these companies use our data to modify our behavior. There’s a scary Matrix-like aspect to all this. 

It’s why the other guest on this week’s podcast, metaMe CEO Dele Atanda, views his company’s work building a more decentralized, blockchain-powered data marketplace as an exercise in protecting people’s human rights. Creating that marketplace and figuring out a meaningful expression of the value of people’s data is how we will ultimately restore agency over our digital lives, he says. 

“We need to create a unit of account that we can measure – not just on the basis of size [as bytes] but on the basis of sensitivity, identifiability. These issues are central to how this information can be used to help or harm us,” he said. 

Also important, Atanda says, is the governance structure of the database storing the information, which speaks to the role to be played by blockchain. The more “permissionless” and decentralized the architecture behind the data marketplace, the more confident individuals can be that the rights to their data are protected. 

All of this seems pertinent in a week in which society was once again found vulnerable to data failures at centralized systems. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.

On this episode of “Money Reimagined,”  Michael Casey and Sheila Warren speak with the Head of Research at the Bank for International Settlements (BIS), Hyun Song Shin, about the recent release of the Annual Economic Report; discussing the tokenization of deposits and the creation of a unified ledger in which tokenized assets, deposits, and CBDCs could interact in the same platform. Casey, Warren, and Shin take a closer look at the challenges central banks are currently facing and dive into the immobilizing or locking of real-world assets and the legal impediments to tokenization.

Topic Links:

Bank for International Settlements

Annual Economic Report 2023

Summary List:

Introduction to the BIS Economic Report Chapter 3. 1:35 The power of digital currencies and central banks. 4:39 How to harness the power of tokenization. 7:47 The wholesale vs. retail CBDC debate. 12:22 The singleness of money and stablecoins. 15:00 The central bank is the most trustworthy actor. 19:01 Singleness of money and interoperability. 20:23 Importance of preserving the value of money. 22:45 Support from central banks around the world. 26:13

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

From our Sponsor: 

EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency.  EY: Helping you build a better working world. Find out more at blockchain.ey.com

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Nexo.io, Quantstamp and EY.

U.S. securities laws, largely dating back to the 1930s, are proving to be a challenge to integrate into the developing world of blockchain technology.

Joining this episode of “Money Reimagined” with Sheila Warren and Michael Casey is Chris Brummer, Professor of Law at Georgetown University Law Center. Brummer introduces what defines a security, then describes where these definitions fall short when it comes to blockchain technology.

Brummer’s recent white paper, “Disclosure, Dapps and DeFi,” published in the Stanford Journal of Blockchain Law and Policy, details his ideas for a new disclosure framework for crypto markets. He walks through how disclosure integration with decentralized finance could achieve key policy goals like protecting against fraud, maintaining level playing fields and promoting consumer education without burdening innovation.

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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EY is proud to sponsor “Money Reimagined.” As businesses prepare for the token economy, EY is committed to building a better working world and connecting global business ecosystems on the public Ethereum blockchain. To learn more about the EY Blockchain portfolio of products and services, visit blockchain.ey.com.

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Consensus 2022, the industry’s most influential event, is happening June 9-12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code MONEYREIMAGINED15 to get 15% off your GA and Pro pass at coindesk.com/consensus2022.

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. Our theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Recent comments from U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler have reignited the discussion of the future of crypto ETFs in the U.S.

This episode is sponsored by Quantstamp and Insider Protocol. 

In this week’s episode of “Money Reimagined,” hosts Sheila Warren and Michael Casey dive into the world of crypto ETFs and their rocky history with U.S. regulatory bodies. Fred Pye, CEO of 3iQ Corp., joins Warren and Casey to walk through 3iQ’s journey to become the first Canadian investment fund manager to offer a public bitcoin investment fund.

An ETF, or exchange-traded fund, is a vehicle through which an investor can access a diversified portfolio of crypto tokens and coins. Though there are many ETFs covering bonds, stocks, commodities and more available to American investors, the SEC has yet to approve a crypto ETF. The first Bitcoin ETF up for consideration was filed in 2013. Since then, 18 applications have been rejected or delayed.

With the U.S. Securities and Exchange Commission seemingly inching closer to approving a narrowly defined version of a bitcoin ETF, Pye’s insights offer some useful lessons learned from the launch of 3iQ’s Canadian dollar- and U.S. dollar-denominated bitcoin fund. 

3iQ now manages over $2.5 billion in assets, offering an indication of the kind of money that might flow into the sector if the giant U.S. institutional market were given the opportunity to invest in bitcoin ETFs.

We discuss the work 3iQ did to get regulators comfortable with its price references and the way it structures and manages its funds. There’s something of a square peg-meets-round hole problem with digital assets that trade 24/7, often on unregulated exchanges and with highly volatile moves and social media-driven narratives. But as Pye points out, it’s not the regulators’ job to contain an asset’s volatility. It’s to ensure that what the asset manager is promising is delivered. 

So, with that in mind, what will a U.S. ETF mean for bitcoin (and later or ether and other digital assets when these are added to the approved U.S. offerings) if and when it is approved? 

Will people own crypto in their 401 (k)s? Will there be a surge of institutional money into bitcoin? Does it matter that the SEC is leaning toward first approving a bitcoin ETF backed not by the underlying bitcoin but by bitcoin futures? And what does that mean for all the spot bitcoin-backed ETF proposals that have been pending approval for what has, for some, been as long as eight years of waiting?

These questions and more, all discussed in this week’s episode of “Money Reimagined.” 

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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This episode was produced by Michele Musso, edited by Jonas with announcements by Adam B. Levine.

Our theme song is ‘Shepard’. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

At CoinDesk’s State of Crypto event in Washington, DC. Senators Gillibrand and Lummis discuss their bold comprehensive regulation bill aiming to unify all crypto interests under 'one tent.’ The conversation touches on the current legislative progress and the consequential impact on crypto innovation.

This episode is sponsored by CME Group and PayPal.

In this week's episode of "Money Reimagined," amid our Thanksgiving week programming, we present a unique recording – host Michael Casey with an on-stage interview at CoinDesk's State of Crypto event in Washington DC last month with Senators Kirsten Gillibrand of New York and Cynthia Lummis of Wyoming. As co-sponsors of a crucial bill (Lummis-Gillibrand Responsible Financial Innovation Act) to overhaul crypto regulation, their insights offer a timely and significant perspective amidst the ongoing drama and turmoil in Congress, particularly on the day of the interview, coinciding with the House's vote on a nomination for speaker.

Links | 

CoinDesk's State of Crypto 

Unpacking the Latest Lummis-Gillibrand Bill Draft

Lummis, Gillibrand Reintroduce Comprehensive Legislation To Create Regulatory Framework For Crypto Assets - Kirsten Gillibrand | U.S. Senator for New York

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Disclaimer:

This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by recipients based in jurisdictions in which distribution is not permitted. The information herein should not be considered investment advice or the results of actual market experience. Past results are not necessarily indicative of future performance. Trading derivatives products involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation.

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

With CoinDesk’s Consensus just a week away, we decided that this week’s Money Reimagined episode should focus on the big macro and geopolitical themes that will be its hallmark. 

This episode is sponsored by hellointerpop.io and The Sun Exchange.

Highlights of that landmark event include Federal Reserve Governor Lael Brainard’s perspective on the future of money, Bridgewater Associates founder Ray Dalio’s thesis on the end of the dollar’s dominance and a discussion/debate on the inflation outlook featuring former Treasury Secretary Lawrence H. Summers, Bloomberg’s Joe Weisenthal and CoinDesk’s Noelle Acheson. Attendees will be asked to contemplate where the global economy is headed in an age of monetary transformation and what that means for the power structures of the world as we know it. 

As a prelude, we invited Bruno Macaes, a Portuguese politician, author and influential thinker on geopolitical trends, and Tomicah Tillemann, the Director of the Digital Impact and Governance Initiative at the New America think tank, to give us their take on these matters. 

Some of the scenarios we discussed are challenging. They paint a picture of mass disruption of the global economic order. But both our guests had a somewhat contrarian take to a common view, held by many observers of geopolitical trends, that forces of technological change and economic stress will conspire to bring to an end to the era of U.S. financial, economic and political hegemony.

In different ways, Macaes and Tillemann both argued that the U.S., if it plays its cards right, could turn this current moment of economic uncertainty to its advantage and sustain leadership of the global economy. To do so, they said, it must embrace the principles of open systems and open society that lie at the heart of the crypto ethos – and which, in theory at least, are ingrained in what are widely considered “American values.” 

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This episode is sponsored by Quantstamp, Nexo.io and KuCoin. 

For the last day for 2021 and the end of a two-week break for Money Reimagined, we’re serving up the second of two of our favorite episodes from the past year. 

Michael Casey’s pick was the episode from Sept. 15, not because that’s his birthday and not only because in that one he had the pleasure of meeting co-host Sheila Warren’s “chithi” (aunt), Dr. Usha Ramanathan. It was mainly because Ramanahan’s insights and those of the second guest, Marta Belcher, zeroed in on why maintaining data privacy is a matter of protecting our very humanity. 

Ramanathan is a lawyer and an influential human rights activist in India. She has worked since 2009 to challenge India’s controversial digital identity program, Aadhaar, the world’s largest biometric ID system. Belcher serves as general counsel of Protocol Labs, chair of the Filecoin Foundation and special counsel to the Electronic Frontier Foundation.

Aadhaar has long been a lightning rod for the kind of privacy advocates who are often drawn to crypto and warn of the authoritarian threats from a government controlling such a large, centralized database of personal information. To that critique, the tech firms that built and now support India’s system have typically responded that they are overcoming the so-called “digital divide,” providing powerful, “programmable” IDs to the poor so that they can not only access the kind of services we take for granted but build new services on top of them. 

Ramanathan turns that counter-argument on its head. She suggests backers of Aadhaar and other universal identity systems have fostered a myth that official IDs are necessary for citizens to participate in the economy when it’s perfectly possible to conceive of an effective economic system in which people prosper without compromising their privacy. Belcher then puts all this into the context of how our private data is being captured by centralized corporate internet platforms and whether or not decentralized solutions using cryptocurrencies and blockchains can free us from this. 

It’s a great episode and well worth a lesson as we head into a new year in which the battle of the future of our digital economy is poised to intensify. 

This episode was produced, edited and announced by Michele Musso. Our Holiday theme songs are from Joshua Spacht.

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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In this episode of our Money Reimagined podcast, Sheila Warren and Michael Casey speak with two outside-the-box thinkers on their ideas for improving governance. 

Quadratic Voting and Open Auctions

One of our guests was Glen Weyl, the political economist and Principal Researcher at Microsoft Research New England, who co-authored the book “Radical Markets” with University of Chicago Law School professor Eric Posner. We chose to focus on just two of the many ideas that that book puts forward. 

One is quadratic voting, which allows people not only to vote for or against a particular issue but to express how strongly they hold that view by buying extra votes – up to a certain limit of assigned credits. The cost in credits of each additional vote increases by a quadratic formula. It’s designed to help small groups of voters who care deeply about particular issues while still constraining them from overly skewing results.

Weyl has also worked on a variation of the concept with Ethereum founder Vitalik Buterin called quadratic funding, which in theory could diminish the influence of wealthy “whales” in voting systems that are based on financial holdings or contributions.  

The second big idea we explored is that of perpetual open auctions. Here, every bit of property, including what we might otherwise think of as public property, is owned by private entities with the proviso that it is always up for auction and that the majority of the value created from it is shared equally among citizens as a social dividend. 

Weyl and Posner argue that such an arrangement would incentivize owners to manage the property well, and that the wider distribution of wealth creation would give a greater number of people the wherewithal to start businesses. It would also be easier to develop land for infrastructure, such as high-speed rail lines, because the developer could easily acquire it. 

Both of these ideas are rooted more in legal and process innovation than in software and distributed computing per se. But they intersect nicely with concepts associated with the crypto and blockchain space. 

One is the potential for self-sovereign identity models to prevent people from gaming quadratic voting. Another is the potential enhancements that smart contracts, non-fungible token-based property, and decentralized finance (DeFi) concepts such as automated market-making might bring to open auctions. Also, quadratic funding might fix free-rider problems in blockchain projects, Buterin believes. 

Smart taxation

Our other guest was Jeff Saviano, the global lead of tax innovation at EY. He is a member of the Prosperity Collaborative, within which organizations such as the World Bank, MIT Media Lab’s Connection Sciences lab and the New America Foundation are working with governments to improve transparency and efficiency in the collection and distribution of taxes.  

Saviano talks of how blockchain-based tracing systems might not only give taxpayers a transparent view of how their taxes are being spent but also incorporate programmability. 

For example, the actual, uniquely identified dollars that you contribute could be channeled directly and transparently into identifiable services that immediately benefit you and your community. Or, governments could use smart contracts to put hard constraints on those dollars, so only certain categories of expenditure, and not others, are enabled.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In what has become a de facto world tour of crypto hot spots, this week “Money Reimagined” is headed to Nigeria.

This episode is sponsored by hellointerpop.io and The Sun Exchange.

We talked to two Nigerian entrepreneurs – Yele Bademosi, the CEO of payments app Bundle Africa, and Adia Sowho, a venture builder and operator – about the burgeoning crypto innovation ecosystem in their country. 

Among this entertaining pair’s many insights was the idea the Nigerian Central Bank’s February order that banks shut down crypto companies’ access ended up being a positive for the industry. It spurred even more innovation in the space, inspiring local developers to dream up interesting new decentralized solutions for getting around the banking sector’s gatekeepers.

The idea dovetails with some we’ve heard from other guests – from Democracy Earth’s Santiago Siri, for example, who spoke of how the startup scene in his native Argentina is shaped and driven by the failure of the existing financial system and the efforts by authorities there to constrain people’s financial freedom. 

It shows how the crypto world has fostered a new breed of developer-entrepreneur, one who no longer wants to work to change the existing system but is inspired to build entire new alternatives to it. 

We also learned from Bademosi and Sowho that the narratives the crypto community in the industrialized world tend to embrace about the technology’s value in the developing world are often misplaced. It’s convenient for people in the U.S. to talk up the idea that Nigerian activists were using bitcoin during the anti-government protests last year or that it is being used widely as a remittance and payments vehicle. But our guests point out those use cases aren’t as widespread as believed and that, much like in the U.S, most Nigerians are for now buying bitcoin as a store of value. 

On the other hand, they tell us Nigeria specifically – and Africa generally – is a hotbed of innovation in DeFi. And why not? The opportunities for experimentation and creativity for decentralized finance are arguably much greater in places where the existing financial system is underdeveloped. 

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InterPop is redefining the future of NFTs and fandom. Learn more at interpop.io.

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The Sun Exchange is offering CoinDesk Reports listeners a free solar cell with your first purchase and automatically lease them to power businesses in sunny, emerging markets.

Image credit: Fela Sanu/iStock/Getty Images Plus

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

With bitcoin and crypto's rise in popularity and value, there have been discussions about the industry's energy use, impact on the environment and sustainability measures. Energy infrastructure investments are essential as the world moves to reduce its carbon footprint. 

On this episode of “Money Reimagined,” Michael Casey and Sheila Warren will be exploring the cryptocurrency footprint on energy consumption with guests Margot Paez,  Ph.D. candidate and Fellow at the Bitcoin Policy Institute, and Will Foxley, director of content at Compass Mining and co-host of CoinDesk’s “The Hash” on both CoinDesk TV and the CoinDesk Podcast Network.  

It is a big week for energy in Houston, Texas, where Sheila and Margot are reporting … CERAWeek!  It is the “largest gathering of high-profile oil executives and energy ministers” in the world. CEOs and Ministers from nearly 90 countries attend the yearly conference in Houston. A record 8,000 are here, including John Kerry; John Podesta; U.S. Senators Murkowski, Manchin and Sullivan; and CEOs from BP, Shell, Chevron, Amazon Web Services and Palantir.

It’s also the week of the Empower conference, which is the only bitcoin mining event with a focus on energy. 

See Also:

https://www.courthousenews.com/environmental-impacts-of-crypto-mining-under-microscope-in-senate/

https://iowacapitaldispatch.com/2023/03/07/u-s-senate-panel-probes-how-crypto-mining-increases-energy-consumption/

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Michele Musso produced and edited this episode with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”

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Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry’s most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Christopher Giancarlo is the former chairman of the U.S. Commodity Futures Trading Commission and founding principal of the Digital Dollar Foundation, a group that supports the U.S. adopting a digital currency. 

This episode is sponsored by Quantstamp.

Giancarlo has written a book and he came on our “Money Reimagined” podcast recently to talk about it. The book is called “Crypto Dad,” which is a nod to the affectionate nickname that members of the crypto community started giving Chris when, as head of the CFTC, he made some regulatory moves that were seen as constructive to the industry, such as the approval of bitcoin futures, which was a contentious move at the time. 

The book is packed with inside-the-Beltway insights into the sausage-making behind regulation. It’s also a great primer for understanding the challenges that the U.S. faces as the technology around money goes through a dramatic transformation. 

And it makes a very strong case for the federal government to act proactively to support crypto technology in a way that preserves core U.S. values.

It’s timely because right now the regulatory conversation around crypto is front and center. Just last week, the first bitcoin futures exchange-traded fund was launched after the Securities and Exchange Commission gave it the green light after years of resistance to launching a bitcoin ETF that holds physical bitcoin. Ironically, the ETF version the SEC approved is focused on bitcoin futures, a product Giancarlo’s CFTC set in motion. 

But if that sounds like the SEC is now seen as a friendlier force by the crypto community, think again. Many view with concern the rather harsh tone the current SEC chairman, Gary Gensler, has taken with the industry. 

There’s a lot at stake here. Not just for investors but for geopolitics, too.

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine. Our theme song is “Shepard.”

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Circle and NEAR.

Until this year’s massive correction in token prices with the related collapse of Terra, Celsius Network and other once-big players, industry leaders could argue that a lightweight touch to regulation would allow innovation in this booming sector to flourish, however the extent of the losses has swung the balance in favor of regulators.

Recently, concerns have been raised with Tornado Cash, a decentralized software that mixes ether (ETH) payments to hide users’ tracks. The usage of this Ethereum-based smart contract has been banned for all US citizens and companies since it was added to the U.S. OFAC SDN list due to North Korean hackers using the program. 

On today’s episode of “Money Reimagined,” discussing crypto regulation with host  Michael Casey, is Tonya Evans, professor at Penn State Dickinson Law, a published author and influential crypto adviser with expertise in blockchain and crypto asset law, information privacy, administrative law and social justice.

Overcompensation happens in finance and there’s a good chance it will happen with crypto. 

See also: Time for Crypto to Make Nice With Regulators

Crypto-Mixing Service Tornado Cash Blacklisted by US Treasury

 What Happens When You Try to Sanction a Protocol Like Tornado Cash

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Money Reimagined listeners get a special discount on Converge22, Circle’s first annual conference on the blockchain-driven future of money. Coming this September, Converge22 is for change makers looking to build what’s next in Web3. Use the code “CoinDesk” at checkout https://hubs.li/Q01hpy4w0. 

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NEAR is a simple, revolutionary Web3 platform for decentralized apps, created by developers for developers. More than 700 projects are now building on NEAR’s fast, secure and infinitely scalable protocol, from DeFi apps to play-and-earn games, NFT marketplaces and more. Start your developer journey now by visiting NEAR at near.org. 

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I.D.E.A.S. 2022 by CoinDesk is the place to see your idea for the next big thing through – meet with leading investors, vet service providers and meet fellow visionaries at the Investing in Digital Assets and Enterprises Summit. Learn more and apply to become a presenter today: coindesk.com/ideas

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer is Jared Schwartz. The theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.

On this episode of “Money Reimagined,” Michael Casey comes to us from the Uncharted Summit, at Michael Loeb’s expansive house in the Hamptons, and speaks with Mike Novogratz, the CEO and founder of Galaxy Digital about property rights, ETF’s and Galaxy’s partnership with Invesco.

From Site:

About Uncharted - is a community of some of the world's most preeminent founders and funders to facilitate conversations, promote the exchange of ideas, introduce people to new friends, and re-introduce old ones to build a supportive network for collaboration and cooperation. 

Uncharted Summit - Our flagship event offers a truly one-of-a-kind summit of the world’s best entrepreneurs and investors. This is an all-day event galvanized by remarkable panels and panelists trying to Chart the Unchartable. 

Topic Links and Stories: 

Uncharted 

Will BlackRock's Bitcoin ETF Take the Spirit Out of the Honey Badger?

Circle’s Allaire Says Bitcoin ETFs Likely to Be Approved: Bloomberg

Summary List:

• From the Uncharted Summit. 0:00 The importance of private property. 0:55 The democratization of the digital economy. 3:03 The new generation of glass. 4:59 Blockchain tickets and how they work. 6:57 How do we get to a policy framework for adoption? 8:54 Decentralization vs centralized crypto projects. 10:44 Is there a regulated security for ETFs? 12:40

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

From our Sponsor: 

EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency. EY: Helping you build a better working world. Find out more at blockchain.ey.com

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On this episode of “Money Reimagined,” Michael Casey takes listeners on an insightful journey into the world of finance and technology featuring two intriguing interviews conducted on the sidelines of ‘Uncharted’ a Summit held on June 24, 2023, at the residence of media entrepreneur Michael Lowe in Southampton. The first interview is with Sallie Krawcheck, the former head of Bank of America's global wealth and Investment Management Division, and the founder of EllaVest, a groundbreaking digital finance advisory firm tailored for women. With her vast experience in Wall Street, Krawcheck shares her perspective on cryptocurrency and whether EllaVest includes it in their investment strategies.

The second interview brings forward Nick Meyer, the founder of Provocative Science, who unveils a fascinating approach to the environmental impact of Bitcoin mining. Rather than viewing it solely as a drain on energy resources, Meyer's team has discovered a unique way to harness the wind output from ASIC miners to drive carbon capture solutions. This innovative dual-purpose proposition aligns with the common notion that Bitcoin mining can support renewable energy development. However, it goes a step further by addressing carbon reduction simultaneously. Meyer sheds light on the principle behind this idea and explains how his provocative science project leverages Bitcoin mining to tackle two critical challenges at once.

This episode will leave you with a sense of excitement and hope for the future of finance at the intersection of technology and environmental consciousness.

Story Links: 

Uncharted

https://sites.google.com/loeb.nyc/uncharted 

Summary List:

Money reimagined with Michael Casey and Sallie Krawcheck. What is the investment case for crypto? 2:43 | The representation of women in the crypto industry. 5:04 | The resistance to diversity in crypto. 7:02 | How to break down myths about diversity? 8:49 | Sally’s background. 10:43 | Nick Meyer and solving the climate crisis while using Bitcoin. | How does carbon capture become profitable?13:02 | The dual purpose idea of Bitcoin.16:13 | Using Bitcoin as a force for good.

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Nexo.io, Quantstamp and EY.

Critics of blockchain forensic technology see the surveillance as a breach of a vital right to privacy. But the privacy features that blockchain technology introduces isn’t in its secrecy, but in its transparency.

Simone Maini, CEO of blockchain analytics company Elliptic joins “Money Reimagined” with hosts Michael Casey and Sheila Warren to debate the balance between privacy and transparency. Maini explains what analytics techniques can do to help build trust in the entire ecosystem.

The openness of transactions, paired with a setting of pseudonymity and limited personal information, creates an environment where secure and trusted transactions can take place without the need for a centralized entity overseeing the market.

In order for crypto to continue to evolve, Maini believes collaboration with regulators as an important step: “We shouldn't expect that crypto can really become part of mainstream financial services, if we don't have a layer of regulatory compliance around it.” How does blockchain analytics factor into policy changes?

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From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head on to nexo.io and get started now.

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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EY is proud to sponsor “Money Reimagined.” As businesses prepare for the token economy, EY is committed to building a better working world and connecting global business ecosystems on the public Ethereum blockchain. To learn more about the EY Blockchain portfolio of products and services, visit blockchain.ey.com.

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Consensus 2022, the industry’s most influential event, is happening June 9-12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code MONEYREIMAGINED15  to get 15% off your GA and Pro pass at coindesk.com/consensus2022.

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. Our theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The most recent insights into the future of Global Finance, BRICS, and Bitcoin. 

In today's episode of "Money Reimagined," while Michael Casey is moderating a conference on crypto,  Sheila Warren is joined by CoinDesk collaborator and author of the Crypto is Macro Now newsletter on Substack, and the new host of CoinDesks’ Markets Daily is Noelle Acheson. 

In this thought-provoking podcast episode, Noel Acheson challenges the prevailing notion of Bitcoin being in a bear market, presenting compelling evidence of its robust performance throughout the year and its impressive outperformance compared to traditional stocks. With diverse perspectives, Warren and Acheson, delve into the significance of Bitcoin ETFs for institutional investors, addressing concerns over market volatility and liquidity. The podcast further explores the critical role of liquidity in the digital asset realm and the potential consequences of exchange failures. Sheila shares insights into India's evolving stance on cryptocurrency and its role in global crypto guidelines providing an in-depth analysis of the country's shifting landscape. This episode also examines BRICS and its expanding influence, particularly in the context of reducing dependence on the US dollar. Geopolitical implications, energy considerations, and the frictionless movement of money across borders are central themes, offering a comprehensive exploration of the evolving world of cryptocurrencies, geopolitics, and global finance.

Links mentioned in the show : 

Franklin Templeton Joins Spot Bitcoin ETF Race

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Nexo.io, Quantstamp and EY.

“While there is quite a bit of interest, there's still quite a bit of skepticism” when it comes to crypto solutions for humanitarian aid, Jeremiah Centrella says. 

Joining “Money Reimagined” hosts Sheila Warren and Michael Casey is Jeremiah Centrella, a partner at the law firm of Nichols Liu and former general counsel at Mercy Corps. Centrella explains where humanitarian aid organizations are on their journey of exploration of crypto and the value proposition these organizations provide for the crypto ecosystem.

Centrella identifies the common hesitancies organizations experience before considering crypto, including a fear of the more negative narratives surrounding crypto. Increased awareness, education and technology integration can help crypto solutions take hold.

The many complexities of humanitarian aid solutions prove a challenge for crypto integration. A carefully crafted solution, always with the needs of the people prioritized over the technology, must be flexible and adaptable in order to best assist those in need.

-

From cash to crypto in no time with Nexo. Invest in hot coins and swap between exclusive pairs for cash back, earn up to 17% interest on your idle crypto assets and borrow against them for instant liquidity. Simple and secure. Head on to nexo.io and get started now.

-

Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

-

EY is proud to sponsor “Money Reimagined.” As businesses prepare for the token economy, EY is committed to building a better working world and connecting global business ecosystems on the public Ethereum blockchain. To learn more about the EY Blockchain portfolio of products and services, visit blockchain.ey.com.

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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, TX. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code MoneyReimagined15 to get 15% off your GA and Pro pass at www.coindesk.com/consensus2022.

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. Our theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Circle and NEAR.

The massive web of regulations that entangle the legacy financial sector have been, in the recent past, a guidepost for governors to apply to the crypto industry. But the argument for many in the crypto community is that those same rules aren’t really applicable to crypto and decentralized finance (DeFi), especially without considerable changes. 

As the industry matures and seeks more clarity concerning governance and regulation, larger questions arise for the future of crypto commerce. How do we appropriately assess risk in new systems? Should regulators impose stricter constraints on crypto’s centralized finance sector?

Who has regulatory authority over which assets and why?

Today on “Money Reimagined,” host Sheila Warren  examines alternative frameworks for regulation and world banking with Jai Massari, co-founder and chief legal officer of Lightspark; and Alexandra Barrage, partner at Davis Wright Tremaine, who also previously worked at the Federal Deposit Insurance Corp. 

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Money Reimagined listeners get a special discount on Converge22, Circle’s first annual conference on the blockchain-driven future of money. Coming this September, Converge22 is for change makers looking to build what’s next in Web3. Use the code “CoinDesk” at checkout https://hubs.li/Q01hpy4w0. 

-

NEAR is a simple, revolutionary Web3 platform for decentralized apps, created by developers for developers. More than 700 projects are now building on NEAR’s fast, secure and infinitely scalable protocol, from DeFi apps to play-and-earn games, NFT marketplaces and more. Start your developer journey now by visiting NEAR at near.org. 

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I.D.E.A.S. 2022 by CoinDesk is the place to see your idea for the next big thing through – meet with leading investors, vet service providers and meet fellow visionaries at the Investing in Digital Assets and Enterprises Summit. Learn more and apply to become a presenter today: coindesk.com/ideas

-

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer is Jared Schwartz. The theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Wealth professionals gathered at Future Proof 2023 in Huntington Beach, CA, generously offer their invaluable perspectives on the outlook for digital assets.

This episode is sponsored by PayPal

In this edition of "Money Reimagined," Michael Casey moderates a panel at Future Proof,  the world’s largest wealth festival, called Demystifying Crypto with Bitwise, VanEck, & Fidelity. 

As prominent figures in crypto and fund management,  Matt Hougan, Chief Investment Officer at Bitwise Asset Management, Jan Van Eck, CEO of Van Eck Funds, and Jason Ward, Head of the Blockchain Incubator, Fidelity’s Center for Applied Technology, share insights into their respective roles within the crypto industry. They delve into topics such as tokenization, blockchain's transformative potential in finance, and engage in conversations about crypto regulation, correlation, and the prospective introduction of real-time settlement solutions in the global financial landscape.

LINKS | 

Bitwise Asset Management 

VanEck 

Fidelity Investments

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PYUSD, a stablecoin made for Payments. 1USD = 1PYUSD.

Introducing PayPal’s new digital currency, PayPal USD (PYUSD), a stablecoin backed by U.S. dollar deposits, U.S Treasuries and similar cash equivalents. Buy, sell, hold, and transfer it in our app or site and explore Web3 with a payments brand that has been trusted for over 20 years.

Get Started now at paypal.com/pyusd

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Money Reimagined has been produced by senior producer Michele Musso, edited by Associate Producer Ryan Huntington and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Revolutionizing finance by leveraging the inevitability of blockchain technology.

In today's episode of "Money Reimagined,"  Michael Casey and Sheila Warren provide an insightful analysis of the groundbreaking Swift/Chainlink tokenization experiment, which effectively facilitated cross-blockchain value transfer. They interpret important questions such as: What are the uses of blockchain technology? How to leverage the inevitability of blockchain technology? And what does this all mean for Bitcoin and its future? 

Links mentioned in the show : 

Swift, Chainlink Tokenization Experiment Successfully Transfers Value Across Multiple Blockchains

LSE Group Plans to Offer Blockchain-Powered Market for Traditional Assets: Report

Singapore's New President, a Former Central Bank Chairman, Has Called Crypto 'Slightly Crazy'

Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg

The Trillion Dollar Crypto Opportunity: Real World Asset Tokenization

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Quantstamp, Nexo.io and KuCoin.

On this week’s “Money Reimagined” podcast, Michael Casey and Sheila Warren discuss with CoinDesk’s managing editor of global policy and regulation, Nikhilesh De, his recent review of another cryptocurrency-themed hearing on Capitol Hill by the House Financial Services Committee.

“Today's hearing is part of this committee’s ongoing [effort]” to understand crypto and the issues around it.’ Rep. Maxine Waters (D-Calif.), the committee chairwoman, stated as she kicked off the hearing.

Financial inclusion appeared to be a big selling point from the industry representatives, but were the congressmen and women buying it? And yet even though the tone was comparatively more positive then before, regulation seemed to still remain a major issue. 

For more information and an examination of the intersection of cryptocurrency and government, read Nik De’s Newsletter ‘State of Crypto’. 

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine. Our theme song is “Shepard.”

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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Nexo is a powerful, all-in-one crypto platform where you can securely store your assets. Invest, borrow, exchange and earn up to 12% APR on Bitcoin and 20+ other top coins. Insured for $375M and audited in real-time by Armanino, Nexo is rated excellent on Trustpilot. Get started today at nexo.io.

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KuCoin was listed on Forbes Advisor’s “The Best Crypto Exchanges Of 2021,” which highlighted hundreds of tradable coins, low fees, plus automated and margin trading. Sign up NOW to claim a $500 welcome bonus at KuCoin.com.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

At the end of a high-energy week in the burgeoning digital art world, “Money Reimagined” brings you the third and (for now) final edition of our NFT series. 

In between recording this episode and publishing it two days later, a non-fungible token attached to a piece of digital art sold for a whopping $69.3 million. The sale, orchestrated by Christie’s, turned the digital creator known as Beeple into the third-highest paid living artist. It also represented a high point in the media attention now swirling around this new, crypto-based technology. 

So, it’s appropriate we end on a note that grounds things in the reality of the technology and its potential to transform the creator economy generally, rather than being caught up in the celebrity story and media sensations. To do so, we talk with Roham Gharegozlou, the CEO and founder of Dapper Labs, the startup that in many respects is responsible for kicking off the entire NFT phenomenon. 

We talk about the early days when Dapper created the ERC-721 standard on Ethereum and launched the popular CryptoKitties program. We talk about why the team made the decision to build its own blockchain, known as Flow, and to migrate the business there away from Ethereum. And we talk about where this rapidly evolving industry, with its competing platforms and wild debates over rights and opportunities, is going.

Join us for the conversation. 

Image credit:  Benjamin Suter on Unsplash, modified by CoinDesk

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A Consensus 2022 panel from Austin, Texas, "Money Reimagined" host Michael Casey starts off the introductions of an important discussion with Emily Parker, CoinDesk's executive director of global content; the Honorable J. Christopher Giancarlo, dubbed “CryptoDad,” served as 13th Chairman of the United States Commodity Futures Trading Commission; and Neha Narula is the Director of the Digital Currency Initiative at the MIT Media Lab, to discuss the social and geo-political implications of the rise of international competition between central bank digital currencies, stablecoins and native crypto currencies. 

This episode was edited by Michele Musso with announcements by Adam B. Levine and additional production support from Eleanor Pahl. Our theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.

Decentralized autonomous organizations (DAOs) are enabling entrepreneurs to rapidly raise funding and reach global markets in countries where traditional structures might not be effective or even available.

Joining “Money Reimagined” hosts Sheila Warren and Michael Casey is Geoffrey See, founder of Choson Exchange, an organization training North Koreans in entrepreneurship, and chief DAOist at Poko, which focuses on replacing LLCs with DAOs in emerging markets. See joins to explain the unique value DAOs offer to entrepreneurs in frontier hubs worldwide.

See explains that an on-chain governance structure can offer stability and security to a newly founded company in ways that existing institutions might not and enable access to an enthusiastic global market of investors and customers. The question of regulation and when the regulatory tone might sway against this new corporate structure remains a challenge entrepreneurs must prepare for.

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EY is proud to sponsor “Money Reimagined.” As businesses prepare for the token economy, EY is committed to building a better working world and connecting global business ecosystems on the public Ethereum blockchain. To learn more about the EY Blockchain portfolio of products and services, visit blockchain.ey.com.

-

Consensus 2022, the industry’s most influential event, is happening June 9-12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code MONEYREIMAGINED15 to get 15% off your GA and Pro pass at coindesk.com/consensus2022.

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. Our theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Circle and NEAR.

For many in the crypto community the practice of pseudonymity for security and privacy is common and has purpose in working toward self-sovereignty. But is there a downside of pseudonymity? In our society especially, we are all too often familiar and perhaps too comfortable with sharing our identity or at least some form of it with others and sometimes the world.  Does that make it hard for us to interact with those around us who choose to remain anonymous or create an identity that allows them to be protected… to be pseudonymous? 

For an interesting analysis of how pseudonymity affects how we interact with people, “Money Reimagined,” hosts Michael Casey and Sheila Warren  speak with guest Punk 6529. The identity and voice of the person behind this pseudonym will not be disclosed, and therefore, both the video and audio have been modulated.

See also: Who You Really Are: A Conversation About Pseudonymity With Default Friend at Consensus

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Money Reimagined listeners get a special discount on Converge22, Circle’s first annual conference on the blockchain-driven future of money. Coming this September, Converge22 is for change makers looking to build what’s next in Web3. Use the code “CoinDesk” at checkout https://hubs.li/Q01hpy4w0. 

_

NEAR is a simple, revolutionary Web3 platform for decentralized apps, created by developers for developers. More than 700 projects are now building on NEAR’s fast, secure and infinitely scalable protocol, from DeFi apps to play-and-earn games, NFT marketplaces and more. Start your developer journey now by visiting NEAR at near.org. 

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I.D.E.A.S. 2022 by CoinDesk is the place to see your idea for the next big thing through – meet with leading investors, vet service providers and meet fellow visionaries at the Investing in Digital Assets and Enterprises Summit.  Learn more and apply to become a presenter today: coindesk.com/ideas

This episode was produced and edited by Michele Musso  with announcements by Adam B. Levine and our executive producer is Jared Schwartz. The theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.

We are celebrating CoinDesk's 10-year anniversary of reporting on the crypto and bitcoin community this week. So on this episode of “Money Reimagined,” Michael Casey and Sheila Warren dive deep into the world of Bitcoin mining and the fight against climate change with environmentalist and Bitcoin mining OG  Troy Cross, Professor of Philosophy and Humanities at Reed College and a Fellow at the Bitcoin Policy Institute.

From our Sponsor: 

EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency.  EY: Helping you build a better working world. Find out more at blockchain.ey.com

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Quantstamp and Nexo.io.

“I don't think we should feel like this is going to be entirely a good thing … if Web 3 is becoming more like the offline world, in the sense of being exclusive and gate-kept in the ways that our physical world has been for so long.”

Web 3, the metaverse and NFTs have potential to be a force for good in the world, to improve decentralization, raise underrepresented voices and empower creators. But with a digital land grab for virtual real estate growing fast, will people soon find themselves locked out of the metaverse?

Joining “Money Reimagined” hosts Michael Casey and Sheila Warren is Kevin Roose, New York Times tech columnist and author of “Futureproof,” a cautiously optimistic look into an automated, AI-filled and algorithmically driven future. Roose has also delved into the world of crypto: In March of 2021, he wrote a column explaining non-fungible tokens (NFT), and then sold that column as an NFT for 350 ETH ($1.14 million at current prices.).

The future is rapidly approaching and the crypto industry is determined to establish its place in it. Web 3 is shaping up in opposition to the current Web 2, moving away from the centralized, data-driven approach of today's internet. Alongside Web 3 is the metaverse, where individuals can fragment themselves into two parts: their physical self, and their digital persona.

Before Web 3 and the metaverse take hold, important discussions should be had now about the opportunities and obstacles abound in a crypto future. What is the role of media in Web 3? What responsibilities do journalists in the crypto sector have today? Is it possible to remain hopeful and yet cautious of crypto’s role in shaping the coming years?

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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Nexo is a powerful, all-in-one crypto platform where you can securely store your crypto. Invest, borrow, exchange and earn up to 17% APR on Bitcoin and 20+ other top coins. Insured for $375M. Audited in real-time by Armanino. Rated excellent on Trustpilot. Get started today at nexo.io.

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. Our theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Circle and NEAR.

In the attempt to contain the inflationary outbreak in the U.S. economy, the Federal Reserve’s monetary tightening by hiking interest rates will continue for some time. Recently, the U.S. central bank’s chair, Jerome Powell, made it clear that our present crypto winter was here to stay. 

However, this is a good time for development in the crypto space. 

On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren  speak with Near Foundation’s CEO, Marieke Flament.

The Near Foundation is committed to expanding its ecosystem of developers and project leads working on top of the Near blockchain. Its proof-of-stake blockchain has introduced a number of the scaling solutions that Ethereum developers have been working on for years. And there is great encouragement around decentralized finance (DeFi) development. 

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Money Reimagined listeners get a special discount on Converge22, Circle’s first annual conference on the blockchain-driven future of money. Coming this September, Converge22 is for change makers looking to build what’s next in Web3. Use the code “CoinDesk” at checkout https://hubs.li/Q01hpy4w0. 

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NEAR is a simple, revolutionary Web3 platform for decentralized apps, created by developers for developers. More than 700 projects are now building on NEAR’s fast, secure and infinitely scalable protocol, from DeFi apps to play-and-earn games, NFT marketplaces and more. Start your developer journey now by visiting NEAR at near.org. 

I.D.E.A.S. 2022 by CoinDesk is the place to see your idea for the next big thing through – meet with leading investors, vet service providers and meet fellow visionaries at the Investing in Digital Assets and Enterprises Summit.  Learn more and apply to become a presenter today: coindesk.com/ideas

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This episode was produced and edited by Michele Musso  with announcements by Adam B. Levine and our executive producer is Jared Schwartz. The theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The fight that crypto exchange Coinbase took to the U.S. Securities and Exchange Commission this week highlighted that the federal government’s approach to regulation is broken. 

This episode is sponsored by Quantstamp and Insider Protocol. 

What can be done to improve the relationship between the crypto community and the powers in Washington, D.C.? Is a more comprehensive legislative approach to regulating the industry viable, one that properly protects consumers but also embraces the positive aspects of blockchain technology to encourage innovation that serves the public good? 

For this week’s episode, “Money Reimagined” co-hosts Michael Casey and Sheila Warren talked to Rep. Tom Emmer (R-Minn.) about the crypto industry’s standing in Washington and what needs to be done to foster a more constructive relationship with policymakers. 

Emmer has become one of the most vocal supporters of the industry in Congress. He is the co-chair, along with Rep. Bill Foster (D-Ill.), of the Congressional Blockchain Caucus.

In this episode Emmer talked about the bipartisan nature of the small but growing community of crypto supporters on Capitol Hill and why the technology encourages people to cross party lines. He also discussed what needs to be done to build on that collaborative base to get meaningful reform, and what’s at stake in terms of U.S. global leadership in technology and finance if it doesn’t happen. 

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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The Option X algorithm from Insider Protocol allows not only hedge funds but also ordinary users to earn up to 25% per month using the High Frequency Trade Layering method with our Bitcoin bot. You can swap your crypto instantly with our Atlas Swap. For more information, visit insiderprotocol.com

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See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

There is a parallel between crypto communities and gaming communities regarding value and meaning. 

In this episode of “Money Reimagined,” Michael Casey and Sheila Warren will explore how gaming will drive us toward a Web3 world with Rebecca Liao, co-founder and CEO at Saga;  a protocol that allows developers to take a single-tenant virtual machine and automatically launch it on a dedicated blockchain, complete with fully provisioned validators and an optimally incentivized security structure.

See Also:

Writings of Rebecca Liao

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Michele Musso produced and edited this episode with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”

Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code MONEYREIMAGINED to get 15% off your pass. Visit coindesk.com/consensus.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week’s Money Reimagined dives into the increasingly urgently needed Ethereum 2.0 upgrade. What is it and why does it matter?

We talk with Danny Ryan, a researcher at the Ethereum Foundation. He has become a key player in the complicated “herding the cats” task of “herding the cats” of getting thousands of different stakeholders in this vibrant decentralized community aligned enough to undertake the massive 2.0 transition with sufficient cohesion.

With Danny’s help we break the whole thing down in a way that’s accessible to people beyond the developer community: Proof-of-stake consensus, sharding, Layer 2, and how decision-making and development happens in this free-wheeling open-source environment. 

We put it all in the context of a giant boom for the Ethereum ecosystem, as money pours into red-hot decentralized finance (DeFi), as a mania for non-fungible tokens (NFTs) plays out, and as ether hits new all-time highs as large institutions gain exposure via new CME futures. All this is bringing into stark relief the urgent need to advance the system’s scalability as congestion on the network is driving up transactions costs, or “gas fees” to unsustainable levels. 

It’s a timely episode, in other words. Have a listen. 

Image Credit: Sander Weeteling/Unsplash

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Ever find yourself in the seamless clutches of Google's ecosystem? It's like being swept into a digital whirlpool with no exit strategy. And guess what, this is more than just about one company—it's a symphony of significant players orchestrating our digital dependencies.

In another intriguing episode of "Money Reimagined,"  our ever-curious host,  Sheila Warren , takes center stage as she embarks on a rant, alongside co-host  Michael Casey, with a passionate reflection on her morning skirmish with Google and its pervasive grasp of digital feudalism. Get ready, as she delves into how the snares of convenience shackle us all in an intricate web of modern existence.

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

As of late, the focus of the crypto space has been on the wrongdoing of a group of people that used the current state of this technology to take advantage of others and advance their own interests. But what about the victims? Where is the compassion for their loss and the loss of trust within the crypto space? 

On this episode of “Money Reimagined,” Michael Casey and Sheila Warren are together again, discussing Sheila’s recent testimony in front of the California state legislature about the current perception of the state of the crypto economy and environment; also, Michaels’ article on CoinDesk journalists who were awarded Polk Awards for the scoop and followups, that led to the collapse of Sam Bankman-Fried’s FTX crypto empire. 

See Also:

CoinDesk's Major Award Is a Huge Moment for Us and Crypto Media Generally

CoinDesk Wins a Polk Award, One of Journalism's Top Prizes, for Explosive FTX Coverage

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”

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Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry’s most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Bluprynt CEO and Georgetown Law Professor, Christopher J Brummer highlights the crucial need for financial disclosure to evolve with technological innovations.

This episode is sponsored by Consensus 2024 

Now Available for pre-order | 

Michael Casey’s New Book with Frank H. McCourt, their forthcoming book: Our Biggest Fight: Reclaiming Liberty, Humanity, and Dignity in the Digital Age

In this episode of "Money Reimagined," hosts Michael Casey and Sheila Warren are joined by Christopher J. Brummer to discuss the importance of disclosure in the financial industry and how blockchain technology can facilitate innovation in this area. They explore the regulatory framework in Europe known as MICA (Markets in Crypto Assets) and its impact on the disclosure requirements for crypto assets. They also discuss the challenges and opportunities of global harmonization in financial regulation and the role of AI in shaping the future of investing. 

Takeaways |

• Disclosure is crucial in the financial industry and needs to evolve alongside technological innovations.
• The MICA regulatory framework in Europe is a step towards standardizing disclosure requirements for crypto assets.
• Global harmonization in financial regulation is becoming more challenging due to geopolitical factors.
• AI has the potential to shape the future of investing and regulatory practices.
• Regulatory policies should be forward-looking and adaptable to technological advancements.

Chapters | 

00:00 Introduction and Greetings

02:18 The Importance of Disclosure

08:12 MICA: Standardizing Disclosure

13:16 Challenges of Global Harmonization

27:31 Building Regulatory Policies

36:42 Conclusion and Event Announcement

Links | 

Congressional Testimony on the Future of Digital Assets Regulation | by Chris Brummer 

Chris Brummer | Georgetown Law 

Crypto Council for Innovation 

CoinDesk.com

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Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MRP15. 

Register now at consensus.coindesk.com

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On this episode of “Money Reimagined,”  Michael Casey and Sheila Warren kick off the show by talking about WorldCoin, which has dominated the news cycle in the crypto space for the last 24 hours. They discuss digital identity as a project, biometrics as an abuse of human rights, and why people are emotional about it. 

Casey and Warren shift to chat with guest Adrian Hale the Director of Economic & Community Development at Foundry about what is really going on with education and emergent jobs in Bitcoin Mining concerning lower-income communities. 

Disclaimer: DCG (Digital Currency Group) is the owner of both Foundry and CoinDesk. 

Other Links: 

foundrydigital.com  

Foundry Deploy 

Stories: 

Worldcoin Token Slumps Amid Crypto Community Unease

UK Information Commission to Make Inquiries About Worldcoin 

Worldcoin Releases Tokenomics, Report Geofenced for Some Countries

Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally

Dogecoin Bumps 10% on X Payments Speculation, DOGE Futures Traders Lose $10M 

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Roofstock onChain

I think it's fair to say that this year has been remarkable for crypto, as it is the ninth consecutive year that we honor people and institutions that have made a significant impact on crypto, whether for good or bad, by curating a list … CoinDesk’s Most Influential. 

On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren speak with Ben Schiller, managing editor of CoinDesk’s Consensus Magazine, about the much-anticipated release of CoinDesk’s Most Influential 2022. 

This year's MI project is different in that it includes a non-fungible token (NFT) drop of the artwork that illustrates the stories about each list member.

See also: Presenting CoinDesk's Most Influential 2022

Coindesk Got Colorful With the Most Influential 2022 NFT Collection

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”

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Roofstock onChain allows you to instantly transfer ownership of real-world homes using standard NFT smart contracts. Buy and sell homes with one-click, pay with crypto, and access DeFi lending options. Find our web3 homes at onchain.roofstock.com or your favorite NFT marketplace.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.

On this episode of “Money Reimagined,” we are embarking on Part 2 of  Michael Casey and Sheila Warren’s conversation into the world of bitcoin and climate change with environmentalist and bitcoin mining OG Troy Cross, Professor of Philosophy and Humanities at Reed College and a Fellow at the Bitcoin Policy Institute.

From our Sponsor: 

EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency.  EY: Helping you build a better working world. Find out more at blockchain.ey.com

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.

In the Web 2 era of the internet, online abuse, loss of autonomy over personal data and the proliferation of disinformation are rampant. 

Frank McCourt, billionaire and former owner of the Los Angeles Dodgers baseball team, believes blockchain has the power to solve many of our Web 2 problems by strengthening individual autonomy and harmonizing online communities into one cohesive whole, free from abuse or misinformation. But he's not alone!  This idea may seem like a long shot at first glance, given how quickly technology changes nowadays. However, there are those who believe in what McCourt is trying to do with his company-, and everyone is paying attention.

McCourt, now CEO of Unfinished, joins “Money Reimagined” with Michael Casey and Sheila Warren to discuss Project Liberty, an initiative to reimagine the internet from the ground up.

The future internet needs to be built with societal governance at its core. McCourt argues for entirely new protocols designed to follow the principles and governance structures researched and established to address faults within the current web.

A safer internet is on the horizon, one with stronger personal data rights, decentralized power and a balance of truth, trust and transparency. 

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine with additional production support from Eleanor Pahl. Our theme song is “Shepard.”

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EY is proud to sponsor “Money Reimagined.” As businesses prepare for the token economy, EY is committed to building a better working world and connecting global business ecosystems on the public Ethereum blockchain. To learn more about the EY Blockchain portfolio of products and services, visit blockchain.ey.com.

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Consensus 2022, the industry’s most influential event, is happening June 9-12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code MONEYREIMAGINED15  to get 15% off your GA and Pro pass at coindesk.com/consensus2022.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Max Boonen, CEO, and Co-Founder PV01, shares the advancements in technology and the war over regulation for tokenization.

This episode is sponsored by Consensus 2024 

Now Available for pre-order | 

Michael Casey’s New Book with Frank H. McCourt, their forthcoming book: Our Biggest Fight: Reclaiming Liberty, Humanity, and Dignity in the Digital Age

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In this episode of "Money Reimagined," host  Michael Casey is joined by Max Boonen CEO and Co-Founder of PV01 to discuss the tokenization of real assets and the issuance of treasuries and corporate bonds on the blockchain. Boonen highlights the advantages of tokenized bonds, including increased accessibility, transparency, and liquidity, as well as the potential for tokenization to revolutionize the credit market and provide alternative fundraising opportunities for crypto companies.

Takeaways | 

• The tokenization of real assets and the issuance of bonds on the blockchain offer increased accessibility, transparency, and liquidity.
• Tokenized bonds allow investors to have direct ownership and control over the assets, eliminating the need for intermediaries.
• The use of blockchain technology in the credit market can provide greater transparency and efficiency, reducing the risk of credit crunches.
• Tokenization provides alternative fundraising opportunities for crypto companies, allowing them to issue bonds directly on the blockchain.

Chapters | 

00:00 Introduction and Background of Max Boonen

01:22 Exploring Tokenization and Real-World Asset Movement

06:10 Natively Issuing Corporate Bonds on the Blockchain

09:08 Advancements in Technology and Regulation for Tokenization

14:22 Contrasting Tokenization with Real-World Asset Tokenization

23:19 The Importance of Fungibility and Asset Seizure Risk

24:13 Cutting Out Intermediaries and Lowering Capital Costs

26:28 Interest from Issuers and Investors in Tokenized Bonds

30:10 Upcoming Consensus Event and Conclusion

Links | 

Max Boonen's PV01 Tokenizes $5M Treasury Bill, Plans to Look at Corporate Bonds 

PV01 

Crypto Council for Innovation 

CoinDesk.com

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Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MRP15. 

Register now at consensus.coindesk.com

-

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

As we mentioned last week, this is part two of our two-part series of “Blockchain meet ESG,” an exploration of the challenges and opportunities that confront the crypto and blockchain communities as investors and businesses increasingly demand compliance with environmental, sustainability and governance objectives. This episode was recorded live Tuesday, May 25 2021 at Consensus 2021.

This episode is sponsored by Unique One Network, Mimo and Quantstamp.

In this second episode, our guests address subtleties and niches within environmental, sustainability and governance (ESG). Increasingly, blockchain technologies are employed in a variety of forms across the world to combat specific areas within ESG. These range from indigenous resource allocation and tracking to building sustainable supply chains from the ground up and applying big data to consumer water conservation. And that’s just a taste of what’s underway. At the same time, the blockchain back end’s impact on ESG is being refined, with initiatives angling to avoid worst-case scenarios of innovation, accurately quantify bitcoin energy consumption and reinforce incentives for using clean energy sources.

This time we’ll hear from a diverse array of fascinating guests:

 Julius Akinyemi, founder and CEO of UWINCorp, and Lucía Gallardo, founder and CEO of Emerge, discuss blockchain solutions for free and fair trade. The two companies both focus on resource assessment. UWINCorp encodes the data and location of indigenous plants onto the blockchain, while Emerge is building an agricultural resource database.

Tanya Stephens, senior innovation leader at Procter & Gamble, addresses ways to track sustainability through supply chains and a consumer-focused water conservation coalition. The “50L Home” initiative believes that if consumers have the right data at the right time, they will be able to reduce their water consumption to only 50 liters a day.

Austin Hill, founder of Brudder Adventures and the first CEO of Blockstream, explains the “Vulnerable World Hypothesis,” which investigates how current innovations could be abused or misused in the future. Though “Vulnerable World” predicts a dim future, Hill outlines several strategies to avoid the worst-case scenarios.

Meltem Demirors, chief strategy officer of Coinshares, and Anton Dek, research associate at the Cambridge Centre for Alternative Finance, outline methods for quantifying bitcoin’s energy consumption and interpret recent figures. A trend of co-locating mining facilities and renewable energy plants is placing decentralized, smaller-scale facilities on the grid.

Mike Colyer, CEO of Foundry (Foundry is owned by Digital Currency Group, the parent company of CoinDesk), and Jesse Morris, chief commercial officer of the Energy Web Foundation, present the miner’s perspective on the incentives of clean energy sources.

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Unique One Network is an interoperable Platform for DeFi enabled NFT Marketplaces, in a variety of sectors, built on Polkadot Parity Substrate. Unique One Network’s cross chain NFT hub facilitates transfers between a variety of blockchains and ecosystems, unleashing the power of NFTs with myriad innovative capabilities. Find out more at Unique One Network.

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Mimo is home of the world’s #1 euro-algorithmically pegged token minted at an interest rate of just 2%. Lock in your crypto assets, access their liquidity, and stabilize your portfolio by hedging against inflating coins. Open a Vault and experience the power of Mimo today at mimo.capital.

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

Image credit:  donfiore /iStock/Getty Images Plus, modified by Coindesk

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In the lore of digital disruption, Eastman Kodak Co.'s downfall is particularly momentous.

Kodak was once one of the world's most powerful companies. But it failed to act on digital cameras and online photo sharing, despite seeing the trends years before. (Kodak engineer Steve Sasson created the first digital camera in 1975.)

It's an apt story to remember now as the digital money revolution rolls ahead at a time of momentous political transition.

On this episode of CoinDesk's Money Reimagined, join Jen Zhu Scott, Executive Chairman of The Commons Project, Tanvi Ratna, CEO of Policy 4.0, along with hosts Michael J. Casey and Sheila Warren of the World Economic Forum for this deep-dive into the potential of, and thought behind China's forthcoming DCEP, better known as the digital yuan.

With DCEP, China’s supply chains will become hyper-efficient, giving it a big advantage over other countries’ production sectors. And as those models extend into China’s international One Belt One Road initiative, foreign dependency on its production processes could grow, giving Beijing geopolitical clout. 

Out of this, China will forge financial autonomy. Its digital currency will eventually be interoperable with other tokens and blockchains, allowing its businesses and their foreign trading partners to move money across borders without using dollars as an intermediary. They’ll bypass New York, in other words. 

Solution: Open Money

This won’t happen overnight. But the effect on confidence in the U.S. could arise within the next four years. 

How should Washington react? Christopher Giancarlo, former CFTC chairman and the founder of the Digital Dollar Foundation, is pushing for a digital dollar that would integrate constitutionally enshrined privacy protections, making it more appealing than the digital yuan, which many fear will become a Beijing surveillance tool. 

But will people truly trust the U.S. not to monitor digital dollar transactions? After all, as Jennifer Zhu Scott, chair of the Commons Project, noted in this week’s Money Reimagined podcast, global finance is already subject to a comprehensive U.S.-led system of surveillance.

So, while we’re right to worry about a Chinese “panopticon” ingesting people’s identifying information, that’s not the data threat the U.S. can or should compete with. In the same podcast episode, Policy 4.0 CEO Tanvi Ratna said the bigger issue is how troves of DCEP-generated anonymized data will enable Chinese businesses to extract huge efficiencies and unlock innovation across decentralized economic systems.

There may be a way for the U.S. to compete here. But it will require a radical, disruptive solution. This is an episode you won't want to miss.

Original Album Art Image by Kido Dong / Unsplash modified by CoinDesk

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Few countries have as deep and long-lasting a history of financial crises as Argentina. 

Given how otherwise blessed it is with natural and human resources, Argentina is Exhibit A in the argument that repeated monetary mismanagement will do lasting harm to long-term prosperity. A century of such crises, which has bred profound mistrust of the institutions of government among Argentines, took their country from being the seventh-richest nation on earth to the 75th. 

Now, with the advent of cryptocurrencies and blockchains, some finally a way out of this trap of mistrust. It’s no coincidence that Argentina has a relatively high level of bitcoin adoption nor that it has contributed a disproportionately high number of successful developers to the global crypto community. 

But is crypto the answer, or should Argentines continue to work within the system to get the accountable government they deserve? 

We explore that question, along with a deep dive into just what it is that explains Argentina’s uniquely dysfunctional economic experience, in his week’s edition of “Money Reimagined.” We’re joined by Lucas Llach, a professor of economics at Torcuato di Tella University in Buenos Aires, and Santiago Siri, the founder of Democracy Earth, a radical, blockchain-based solution for democracy inspired his struggles to reform government in his native Argentina. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Nexo.io and Quantstamp.

As discussions around NFTs have increased in frequency, they are also increasingly divisive. Some see NFTs as the ultimate solution to all that is wrong with Web 2.0, while others see a space rife with plagiarism, fraud and false ownership.

This week on “Money Reimagined,” hosts Sheila Warren and Michael Casey are joined by two individuals well versed in NFTs: the NFT analyst and cohost of “Edge of NFTs” podcast Eathan Janney; and the NFT evangelist, musician and entrepreneur Scott Page.

Janney and Page dive into the many complexities of NFTs, ranging from property rights to social impacts. As NFTs’ popularity has grown, so has their utility, with artists of many different mediums finding ways to tokenize their work. At the same time, scams and copyright infringement has been on the rise while regulation lags behind.

As NFTs continue to evolve, will they continue to empower creators, or will they instead become instruments of corporate greed?

Would you like to attend NFT/LA this March 28 - 31, 2022? Go to nftla.live and receive 10% off when you use the promo code MoneyReimagined10LA.

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. Our theme song is “Shepard.”

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In this week’s episode, we go to Ireland. 

“Money Reimagined” co-hosts Sheila Warren and Michael J. Casey are joined by Michael O’Sullivan, the author of “The Levelling,” which describes the post-globalization era, and Lory Kehoe, director, Digital Assets & Blockchain at BNY Mellon and the founder of Blockchain Ireland.

This episode is sponsored by Unique One Network.

The topic, nominally, is the Biden Administration's proposal to harmonize international tax rates and Ireland’s resistance to that. 

What does this have to do with crypto? A lot, it turns out. 

A common concern among regulators of cryptocurrencies is that a lack of international harmony across jurisdictions creates “regulatory arbitrage” for developers of what is a global, borderless 24/7 technology and market. 

The idea, flagged by Securities and Exchange Commission Chairman Gary Gensler in his impactful speech this week, is that if there’s no consistency in rules around the world, crypto businesses will pick and choose where they base their operations and tend toward the most lax regulatory regime. Regulators like Gensler fear this fosters a race to the bottom, opening the door for criminals and the worst actors to find their way in.

Makes sense, right? 

But there’s another side to the story about the policy variance around the world. That is, it allows smaller countries to find opportunities they might not otherwise have to attract international investors and to build their own vibrant domestic economies on the back of that. 

As we learn from Sullivan and Kehoe, Ireland’s use of competitively low corporate tax rates had a sweeping impact on the Irish economy that went far beyond multinationals setting up headquarters there. It was the spark that generated a vibrant ecosystem of innovation, a holistic growth machine that continues to underpin Ireland’s decades-long economic expansion. 

With many in Ireland looking to create a crypto-friendly regulatory framework to encourage innovation in digital assets and fintech, that experience poses real questions about how far governments should go toward harmonizing their rules.

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Image credit: Lucas Bischoff/iStock/Getty Images Plus, modified by CoinDesk

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With much of the world focused on bitcoin and ether as prices breach new all-time high after all-time high, the “Money Reimagined” crew embarks on a more nuanced journey, one that eschews world-changing networks for an art-changing renaissance that's been long in the making. We're talking, of course, about the nonfungible token (NFT) movement that has engulfed the world of crypto collectibles. With big brands like Christie’s auction house and the National Basketball Association getting involved and some tokens already selling for six-figure sums, the question isn't if NFTs will force a very old industry to adopt some very new practices, it's when.

On today's episode of CoinDesk's “Money Reimagined,” Michael Casey and Sheila Warren are joined by Nanne Dekking, CEO of Artory and formerly the top salesman at Sotheby's.

Founded in 2016, Artory is creating the first standardized data collection solution by the art world, for the art world. In his former position at Sotheby’s New York, Dekking was vice chairman and the worldwide head of Private Sales. His close relationships with collectors and museums were integral to the continued growth of private sales at Sotheby’s. Prior to joining Sotheby’s, Nanne was vice president of Wildenstein & Co. He advised individuals, museums and foundations on the formation and development of their collections. From 1996-2001 Nanne was the founder and principal of Nanne Dekking Fine Arts, an art consultancy firm and gallery in New York.

"Which scholar do I trust? Who in the art market do I trust?" Dekking said. "They don’t want to trust anyone."

In this wide-ranging introduction to NFTs, collectibles and the traditional art market, the discussion ranges from Sheila Warren's Cryptokitty genealogy to the challenges of selling paintings by the old masters in litigious modern markets, plus a whole lot more.

“There are so many charitable things you can do with all this technology but ultimately you want the market to understand the commercial benefits of it. Then it goes fast. The moment you’re in the realm of charity, it’s like ‘this is such a nice idea’ but in a way you’re dead in the water already if the market just thinks this is only nice for a charitable reason," said Nanne Dekking, CEO of Artory and formerly the top salesman at Sotheby's. "As long as the market believes opaqueness will help [its] business model, which it doesn’t any more, it’s a very old-fashioned idea… The moment Art-Net came up, the moment Google existed … it’s all about this crazy idea that you as a human being are so important in the sales process to an artwork. I mean, you’re not."

Image Credit: Anna Hunko/Unsplash modified by CoinDesk

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This episode is sponsored by EY.

On this episode of “Money Reimagined,”  Michael Casey and Sheila Warren explore Europe's post-Brexit landscape and its impact on the region. They discussed the implementation of the Markets in Crypto-Assets Regulation (MICA) and how Europe competes compared to the United States.  Casey and Warren emphasize the importance of understanding the opportunities presented by cryptocurrencies and the need for effective governance. Why does Europe seem more concerned about privacy and data than the U.S.?  Overall, they provide valuable insights into the evolving landscape of crypto regulation and Europe's role in shaping its digital future.

Summary

• Introduction. 0:00
• The ongoing regulatory challenges.
• Washington debt ceiling debate.
• Biggest takeaways from the week. 2:21
• Huge week for Europe post-Brexit.
• The implementation phase of MICA.
• Competing with Europe in a post-Brexit world.
• The difference in the understanding of the opportunity.
• Coindesk’s thoughts on the consensus. 6:13
• Coindesk's consensus report on crypto regulation.
• How will the U.S regulate crypto?
• Viewing crypto in isolation and together with technical realities.
• Governance of the overall architecture.
• The underlying architecture of the internet. 10:11
• Regulating for the narrow use case misses the opportunity.
• The distinction between AI and blockchain
• Money vs Bitcoin, money vs information exchange.
• The European position on the internet.
• Data Protection Regulation in Europe. 14:27
• Data protection in Europe vs U.S.
• Data exploitation problem in Europe.
• Why Europeans are concerned about data more than other things?
• Cultural roots of these things.
• Bringing homogeneity to the Euro. 18:15
• The great European experiment brought homogeneity to the region.
• The history of Bitcoin and crypto.
• The cultural differences between Europe and U.S.
• How the European crypto community is different from the US crypto community.
• How did the crypto community lobby in Brussels? 23:15
• The pan-European crypto community and lobbying in Brussels.
• How the crypto community got what they wanted.
• The role of the French Presidency.
• The importance of self-education and humility.
• The role of the United States in tech. 28:22
• The United States is the epicenter of the world tech.
• The AI world is bleak.
• The need for a more positive narrative.
• How Europe is charting its own digital future.
• Technology vs. companies. 31:17
• Open-source technology.
• Tech inevitability vs global conversation about it.
• Shaking the view of America as the center of the universe.
• The European approach to AI.
• International regulatory framework for crypto. 36:12
• The threat to the U.S.
• The future of crypto.

From our Sponsor: 

EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency.  EY: Helping you build a better working world. Find out more at blockchain.ey.com

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.