Could Crypto Draw Insights from Past Bull Market Errors to Forge an Enduring Legacy?

01/17/24 • 39 min

A live recording at The Hub by Casper Labs during the WEF's Annual Meeting at Davos 2024.

This week on "Money Reimagined," hosts Michael Casey and Sheila Warren are in Davos, Switzerland for Davos 2024. They engage in a live podcast session featuring Yat Siu , a seasoned veteran technology entrepreneur/investor and the co-founder and executive chairman of Animoca Brands. Joining them is Faryar Shirzad, former staff of the National Security Council at the White House and currently the Chief Policy Officer at Coinbase.

The conversation explores the lessons that the crypto industry can learn from past bull market mistakes and the importance of building a lasting legacy. Delving into the crypto industry's journey they dissect the ramifications of regulatory uncertainty and advocate for a steadfast federal framework. The conversation extends to emphasize the transformative potential of crypto intermediation and the imperative of showcasing its advantages to the broader audience. The exploration spans diverse realms, from gaming and education to payments, as strategic avenues to invite more individuals into the Web3 sphere.

Takeaways:

The crypto industry should learn from past bull market mistakes to build a lasting legacy.

Regulatory uncertainty has had a significant impact on the industry, but progress is being made in terms of developing a consistent federal framework.

Crypto intermediation, particularly in terms of custody and exchange services, has been a major focus of regulatory attention.

Demonstrating the benefits of crypto, such as property rights and financial inclusion, is crucial in winning over the general public.

Use cases in gaming, education, and payments can help bring more people into the Web3 space.

Links |

Yat Siu: The Metaverse Man Gets Real

Faryar Shirzad- wikipedia

World Economic Forum

Crypto Council for Innovation

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 live recording at The Hub by Casper Labs during the WEF's Annual Meeting at Davos 2024.

Takeaways:

The crypto industry should learn from past bull market mistakes to build a lasting legacy.

Regulatory uncertainty has had a significant impact on the industry, but progress is being made in terms of developing a consistent federal framework.

Crypto intermediation, particularly in terms of custody and exchange services, has been a major focus of regulatory attention.

Demonstrating the benefits of crypto, such as property rights and financial inclusion, is crucial in winning over the general public.

Use cases in gaming, education, and payments can help bring more people into the Web3 space.

Links |

Yat Siu: The Metaverse Man Gets Real

Faryar Shirzad- wikipedia

World Economic Forum

Crypto Council for Innovation

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.

Previous Episode

What Will Be the Impact of a Bitcoin ETF Approval?

Hermine Wong explores the potential approval of a spot Bitcoin ETF, emphasizing that it could have short-term market fervor but may not necessarily lead to significant long-term adoption of Bitcoin.

In this week's installment of "Money Reimagined," host Michael Casey discusses the anticipation surrounding the approval of a spot Bitcoin ETF. Casey is joined by Hermine Wong, Founder of herminewong.xyz and Principal at Berkeley School of Law,

a regulatory expert offering insights on the topic. They explore the potential impact of ETF approval or disapproval on the relationship between the crypto industry and Washington. They also discuss the regulatory frameworks in Asia and Europe and the need for the US to catch up. The conversation delves into the importance of driving adoption and the challenges faced by disruptive tech in engaging with policymakers. They also touch on the opportunities for adoption through tokenization and NFTs.

Takeaways:

The entry of institutional investors into the crypto space indicates their belief in the long-term value of Bitcoin, but it may dilute the policy argument for the democratization of access.

The US regulatory framework for crypto lags behind other jurisdictions, but many startups still prefer to domicile themselves in the US due to the flow of value and customer base.

Crypto industry advocacy should focus on demonstrating the value of crypto in terms of access and opportunity, rather than taking an adversarial approach with regulators.

Tokenization and NFTs present opportunities for driving adoption by accessing new populations and empowering artists and creators.

Links |

If a Bitcoin ETF Is Approved, Here’s What May Happen

Bitcoin ETF Looks Very Likely Given These Bureaucratic SEC Steps

Bitcoin ETF Approval Expected Soon, Bears Lose $100M

BTC Blasts Past $47K as Bitcoin ETF Excitement Gets Feverish

Herminewong.xyz

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.

Next Episode

Exploring Davos With Grayscale’s CEO Michael Sonnenshein: The Battle for Bitcoin's Soul and the Impact of ETFs

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

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.