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Andreas Brekken is best known for creating SideShift.ai and acting as the CEO of Shitcoin.com. In this episode, he talks about his views on Bitcoin development, the emergence of DeFi, and the reasons why he considers cryptocurrencies superior to fiat. Time stamps: Introducing Andreas Brekken (00:00:51) The Sam Bankman-Fried Interview on Shitcoin.com (00:01:50) Clustering Analysis and Customer Funds (00:02:44) Bybit's Technical Issues (00:05:18) Historical Context of Exchanges (00:09:26) Shapeshift's KYC Moment (00:11:13) Why Aren't Zcash and Monero on SideShift? (00:14:59) Bitcoin Cash Hard Forks (00:20:45) Lightning Network Integration (00:22:23) Vulnerabilities in the Lightning Protocol (00:26:17) Critique of Lightning Network's Design (00:28:29) Submarine Swaps (00:29:28) LNBits v1 Launch (00:29:44) Lightning Wallets (00:30:19) LNBits is like Start9? (00:30:40) Andreas Brekken's Lightning Network Experience (00:31:15) Even Martti Malmi Is Using Wallet of Satoshi (00:31:37) Zcash Protocol (00:32:11) Bitcoin Variants on SideShift (00:32:26) Decentralized Finance (DeFi) on Ethereum (00:34:00) Citrea Project (00:35:26) Multisig Solutions (00:36:30) Automation in Bitcoin (00:41:18) Political Dynamics in Bitcoin Development (00:47:15) News Coverage on Bitcoin.com (00:51:27) Bitcoin Volatility and Performance Against Stonks (00:53:14) Peter Schiff Appreciation Era (00:55:42) Peter Schiff's Debates with Erik Voorhees (00:56:23) Bitcoin's Growing Influence (00:58:15) Future of Bitcoin (00:59:15) Layer Two Labs and Drive Chains (01:00:34) Innovation in Bitcoin (01:02:05) Convenience of Layer Two Solutions (01:02:51) Decred Discussion (01:09:53) Favorite Shitcoins (01:11:49) Subscribe to the shitcoin.com Newsletter? (01:16:31)
Joining us this week is Haseeb Qureshi who is here to help walk us through this week's Weekly Rollup. We cover the major shift in the U.S. government's stance on crypto, as Trump signs an executive order that establishes a national digital asset stockpile working group and bans CBDCs. The SEC also revokes SAB121, clearing the way for banks to custody crypto. Meanwhile, Venice AI's token launch made waves, and Abstract Chain went live with a focus on creators and streamers. In markets, Nvidia's $600B plunge rattled investors, and the Czech National Bank considers adding Bitcoin to its reserves. Plus, Gary Gensler lands a new job—back at MIT. ------
Summary As we get ready to close out the year, we're revisiting one of our favorite episodes—a conversation with the legendary Erik Voorhees. This throwback takes us back to a fascinating discussion about Erik's journey in Bitcoin, the transition of ShapeShift to a DAO, and his thoughts on the future of AI and decentralization. In this episode, Erik dives into the regulatory challenges facing AI, the risks of centralized control, and why open-source AI is so crucial. He also shares insights on projects like Morpheus, Bitcoin innovation, and the unique energy of Austin's crypto scene. Whether it's city DAOs, responsibly navigating a bull market, or the concept of network states, this episode is packed with thought-provoking ideas and timeless takeaways. If you're a fan of Erik's work or just curious about the intersection of crypto, AI, and decentralization, this is one to revisit—or discover for the first time. Easily one of our best conversations to date. Chapters 01:12 Eric Voorhees' Journey in Bitcoin 03:56 The Moment of Understanding Bitcoin's Potential 06:00 Transitioning ShapeShift to a DAO 09:07 Eric Voorhees' Role in ShapeShift 13:35 Challenges and Benefits of Decentralizing ShapeShift 19:13 Eric Voorhees' Interest in AI and Decentralization 22:55 Regulatory Perspective on AI and the Executive Order 26:55 Navigating the AI Landscape and Self-Governance 29:58 Getting Involved in Morpheus and Open Source AI 36:21 Favorite Use of AI and the Importance of Open Source 40:53 Token Economics and Building on Morpheus 41:42 Emissions and Compute Contract 42:58 Crypto and AI Collaboration 44:40 Regulation and Governance in Antarctica 53:46 Austin's Crypto Scene 55:21 Network States and City DAOs 57:46 Innovation and Experimentation in Bitcoin 01:00:46 Entering a Bull Market Responsibly 01:04:32 Mass Adoption and Crypto Infrastructure Connect with Erik: X (Twitter): @ErikVoorhees Farcaster: @erikvoorhees Venice AI: https://venice.ai Morpheus: https://mor.org ShapeShift: https://shapeshift.com This episode was hosted by DAO members Nick, Ash, and Willy. To learn more about ATX DAO: Check out the ATX DAO website Follow @ATXDAO on X (Twitter) Subscribe to our newsletter Connect with us on LinkedIn Join the community in the ATX DAO Discord Connect with the ATX DAO Podcast team on X (Twitter): Ash: @ashinthewild Jesse: @realitycrafter Luke: @Luke152 Mason: @512mace Megan: @MegNogATX Nick: @nickcasares Phillip: @VelvetBastard Roberto: @RobertoTalamas Willy: @willyogo Support the Podcast: If you enjoyed this episode, please leave us a review and share it with your network. Subscribe for more insights, interviews, and deep dives into the world of Web 3. Tools & Resources We Love Podcast Recording & Editing - Riverside FM: We use Riverside FM to record and edit our episodes. If you're interested in getting into podcasting or just recording remote videos, be sure to check them out!
Gabriel Custodiet speaks with Erik Voorhees of Venice AI. They discuss how Venice takes a different approach to the Big Tech AI options: namely, it does not have access to your prompts, and it does not censor them. Along the way they discuss how surveillance and censorship manifests in the paternalistic AI industry, the future of open-source AI models, the IP question of AI, and why regulating AI might have unintended side effects. GUEST → https://x.com/ErikVoorhees → https://venice.ai/ → https://x.com/askvenice → https://moneyandstate.com/blog/the-separation-of-mind-and-state (explanation of project) WATCHMAN PRIVACY → https://watchmanprivacy.com (Including privacy consulting) → https://twitter.com/watchmanprivacy → https://escapethetechnocracy.com/ CRYPTO DONATIONS →8829DiYwJ344peEM7SzUspMtgUWKAjGJRHmu4Q6R8kEWMpafiXPPNBkeRBhNPK6sw27urqqMYTWWXZrsX6BLRrj7HiooPAy (Monero) →https://btcpay0.voltageapp.io/apps/3JDQDSj2rp56KDffH5sSZL19J1Lh/pos (BTC) Music by Karl Casey @ White Bat Audio Timeline 00:00 – Introduction 3:27 – Privacy-invasion of Big Tech AI companies 6:50 – How does Venice AI give the user privacy? 9:55 – How long will non-account service last? 10:25 – What does Venice (the city/concept) have to do with anything? 11:40 – How do open-source models work in AI? 16:50 – Phone version of AI (not app store version) 18:05 – Censorship within AI 24:42 – Uncensoring AI makes it faster and better 25:55 – Other uncensored AI companies 27:10 – Making AI “safe” 30:30 – IP question of AI 34:45 – Who owns the creation of AI tools? 35:10 – Any red lines where AI should be “regulated”? 37:20 – Does Venice have any access to our prompts? 38:15 – Venice AI vs self-hosted models 39:40 – Would Venice ever train their own AI model? 40:25 – Final thoughts
This week, a record-breaking billion-dollar crypto acquisition has caught mainstream attention, highlighting its significance for the stablecoin market's future. Kraken joined the Layer 2 race, while Worldcoin launched its own L2, WorldChain, and Scroll's airdrop received mixed reactions from recipients. Meanwhile, Paul Tudor Jones is bullish on crypto as a hedge, while Michael Saylor stirred controversy by criticizing self-custody, calling it a move for “losers.” ------
Erik Voorhees and Teana Baker-Taylor are co-founders of Venice, an open-source and uncensored AI chatbot and content generation platform. In this episode, the Venice co-founders discuss the vision and approach of their product in contrast to more restrictive and centralized AI models like ChatGPT. OUTLINE 00:00 Introduction 00:43 Origin of Venice AI 02:37 'AI is like Bitcoin but scarier' 07:29 Proprietary AI Models 09:12 Regulatory Inefficiencies 11:16 Global AI Regulatory Regimes 16:46 AI Censorship 20:11 Moderation on Venice 25:01 Freedom vs Privacy 34:11 Venice Pricing Model 36:35 AI Agents 39:44 AI 'Rights' 50:37 Venice Roadmap 54:10 Closing Thoughts This episode is brought to you by our sponsor Polkadot Polkadot is the blockspace ecosystem for boundless innovation. To discover more, head to polkadot.network The Block Community The Block is launching a new community experience for fans of The Scoop! Follow us on Lens to stay in the loop: hey.xyz/u/theblockcommunity The Block Newsletters The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters
Join Tommy Shaughnessy as he kicks off Crypto x AI Month by hosting Erik Voorhees, founder of Venice.ai, Satoshi Dice, and ShapeShift. In this thought-provoking discussion, they explore the intersection of AI and decentralized systems, delving into: ► The clash between centralized AI and decentralized alternatives ► The role of crypto in enabling open, permissionless systems ► How AI could impact individual freedom, human rights, and consciousness in the future This conversation opens a larger debate on the potential risks of centralized AI models and the importance of offering decentralized, open-source alternatives. “I think...one of the biggest dangers to humanity really, is if we allow ourselves to be convinced that open source AI is too dangerous, and it's outlawed or heavily restricted in some way, then we're in a bad spot.” — Erik Voorhees Watch more sessions from Crypto x AI Month here: https://delphidigital.io/crypto-ai --- Crypto x AI Month is the largest virtual event dedicated to the intersection of crypto and AI, featuring 40+ top builders, investors, and practitioners. Over the course of three weeks, this event brings together panels, debates, and discussions with the brightest minds in the space, presented by Delphi Digital. Crypto x AI Month is free and open to everyone thanks to the support from our sponsors: https://olas.network/ https://venice.ai/ https://near.org/ https://mira.foundation/ https://www.theoriq.ai/ --- Follow the Speakers: - Tommy Shaughnessy on Twitter/X ► https://x.com/shaughnessy119 - Erik Voorhees on Twitter/X ► https://x.com/erikvoorhees --- Chapters 00:00 Introduction to the Conference and Eric's Role 00:45 AI: Friend or Foe to Individual Freedom? 03:10 Building Alternatives: The Case for Venice 06:02 The Importance of Competing Viewpoints in AI 08:53 Open Source vs. Centralized AI: A Competitive Landscape 11:48 The Future of AI and Crypto Integration 15:09 Bridging the Gap: Convincing AI Experts to Embrace Crypto 18:52 Governance in AI: Who Should Control the Models? 22:12 The Dangers of Centralized Control in AI 24:10 Maintaining Skepticism Towards Authority 26:58 The Role of Truth in AI Development 28:49 The Rise of Permissionless AI 35:04 Privacy and Data Security in AI 37:03 The Future of Governance and Mobility 41:20 Utopian Visions: AI and Human Progress 43:46 Decentralized Training: The Key to AI Freedom 55:16 The Need for Leadership in Open Source AI Disclaimer All statements and/or opinions expressed in this interview are the personal opinions and responsibility of the respective guests, who may personally hold material positions in companies or assets mentioned or discussed. The content does not necessarily reflect the opinion of Delphi Citadel Partners, LLC or its affiliates (collectively, “Delphi Ventures”), which makes no representations or warranties of any kind in connection with the contained subject matter. Delphi Ventures may hold investments in assets or protocols mentioned or discussed in this interview. This content is provided for informational purposes only and should not be misconstrued for investment advice or as a recommendation to purchase or sell any token or to use any protocol.
The AI Breakdown: Daily Artificial Intelligence News and Discussions
In this episode, Venice AI co-founder Erik Vorhees joins the AI Daily Brief to discuss pressing issues around AI and freedom. We cover the arrest of Telegram's founder, the ongoing debates about California's SB 1047, and the broader concerns of AI regulation and privacy. Erik offers his perspective on the risks of centralizing AI under government control and explores the potential for decentralized, open-source alternatives. This conversation sheds light on the future of AI and its impact on personal freedom and privacy. About our guest: Erik Voorhees is a serial entrepreneur and freedom advocate. He was previously the founder of the cryptocurrency exchange ShapeShift, and before that co-founded Satoshi Dice and was the Director of Marketing at BitInstant. Erik is now the cofounder of Venice.ai, an AI chat application that doesn't spy on you and doesn't censor the AI. https://x.com/ErikVoorhees https://venice.ai/ Learn how to use AI with the world's biggest library of fun and useful tutorials: https://besuper.ai/ Use code 'youtube' for 50% off your first month. Concerned about being spied on? Tired of censored responses? AI Daily Brief listeners receive a 20% discount on Venice Pro. Visit https://venice.ai/nlw and enter the discount code NLWDAILYBRIEF. The AI Daily Brief helps you understand the most important news and discussions in AI. Subscribe to the podcast version of The AI Daily Brief wherever you listen: https://pod.link/1680633614 Subscribe to the newsletter: https://aidailybrief.beehiiv.com/ Join our Discord: https://bit.ly/aibreakdown
Bankless Friday Weekly Rollup First Week of July ------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/26?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E ------
✔ Sources: ► https://x.com/ErikVoorhees/status/1404853069326831623 ► https://x.com/zndtoshi/status/1802635058706096614?s=52&t=CKH2brGypO5fEYTgQ-EFhQ ► https://x.com/ErikVoorhees/status/1403358002976116738 #bitcoin #crypto #cryptocurrency #bitcoindailynews #cryptonews The information provided by Pleb Underground ("we," "us," or "our") on Youtube.com (the "Site") our show is for general informational purposes only. All information on the show is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information on the Site. UNDER NO CIRCUMSTANCE SHALL WE HAVE ANY LIABILITY TO YOU FOR ANY LOSS OR DAMAGE OF ANY KIND INCURRED AS A RESULT OF THE USE OF THE SHOW OR RELIANCE ON ANY INFORMATION PROVIDED ON THE SHOW. YOUR USE OF THE SHOW AND YOUR RELIANCE ON ANY INFORMATION ON THE SHOW IS SOLELY AT YOUR OWN RISK.
Erik Voorhees is the founder of Satoshi Dice, ShapeShift & Venice.ai. In this interview, we discuss the size and role of government, the growth of Bitcoin & how it can help restrain the power of the state as well as Venice AI and the future of artificial intelligence. – Show notes: https://www.whatbitcoindid.com/podcast/erik-voorhees-on-bitcoin-ai This episode's sponsors: IREN - Bitcoin Mining. Done Sustainably. Swan Bitcoin - Invest in Bitcoin with Swan Ledger - State of the art Bitcoin hardware wallet Bitcasino - The Future of Gaming is here Casa - Take control of your digital wealth
“A government cannot operate with Bitcoin in the same way it operates with fiat…that is really the ultimate goal of Bitcoin is to just achieve that constraint on government where constitutions and voting has failed.”— Erik VoorheesErik Voorhees is the founder of Satoshi Dice, ShapeShift & Venice.ai. In this interview, we discuss the size and role of government, the growth of Bitcoin & how it can help restrain the power of the state as well as Venice AI and the future of artificial intelligence.- - - -This episode's sponsors:IREN - Bitcoin Mining. Done Sustainably Swan Bitcoin - Invest in Bitcoin with Swan Bitcasino - The Future of Gaming is here Ledger- State of the art Bitcoin hardware wallet Casa - Take control of your digital wealth -----WBD825 - Show Notes----- If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following: Become a Patronand get access to shows early or help contribute Make a tip: Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S QR Codes: Bitcoin If you do send a tip then please email me so that I can say thank you Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer| TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and family Subscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium|YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
Venice.ai founder and CEO Erik Voorhees joins the company's Chief Operating Officer Teana Baker-Taylor to discuss the significance of user privacy in AI systems.To get the show every day, follow the podcast here.Venice.ai founder and CEO Erik Voorhees joins the company's Chief Operating Officer Teana Baker-Taylor live at Consensus 2024 to discuss the significance of user privacy, non-censorship, and open-source models in artificial intelligence (AI) systems.-This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Erik Voorhees' latest venture, Venice, is a private, uncensorable, open-source AI agent run on decentralized computation. Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Overcast, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.Erik Voorhees, a crypto OG, has launched Venice, a private, uncensorable, open-source competitor to OpenAI's ChatGPT or Anthropic's Claude, powered by a decentralized crypto network. In the episode, Erik and Venice's COO Teana Baker-Taylor delve into the problems with censorship and data in current AI agents, including how they create honeypots of information about users' search history for hackers, or that they can be absurdly politically correct, such as refusing to create images of Caucasian people. As they point out, there's also the risk that the companies managing them could be censoring the models to please the Chinese government, in order to access the market in that country. They talk about their plan for Venice to gain market share, considering that DuckDuckGo, a privacy-preserving competitor to Google, has a much smaller market share. And they explain why they intend for Venice to eventually use the compute of Morpheus, or other decentralized crypto-powered compute networks. They also critique the SEC's current regulatory approach to crypto, calling it “a joke.” Additionally, they explore the concept of AI agents using cryptocurrencies as their primary currency.Show highlights:Why Erik decided to move into artificial intelligence and merge it with cryptoWhat problems decentralized AI would solve and why it's hard to solve sexist and racist views in LLMsThe differences between ChatGPT, and other similar products, and Venice AIWhy privacy is so important for users, according to Erik, and how Venice doesn't store the users' informationHow central governments could manipulate information to their own benefit and how to avoid itWhether people will shift from using search engines to LLMsWhat Morpheus is and its goal to provide decentralized computation for AIHow Erik and Teana believe crypto and AI will continue to work together Erik's and Teana's thoughts on some of the recent government actions against founders of crypto privacy services such as Samourai Wallet and Tornado CashWhy Erik believes that the SEC has become a jokeVisit Unchained's website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.comFirst Bits + Bips episode: Bits + Bips: Does Macroeconomics Point to a Potential Crypto Supercycle?Thank you to our sponsors! Polkadot | VaultCraftGuests:Erik Voorhees, Founder and CEO of Venice AIPrevious appearances on Unchained:Erik Voorhees and Cobie on Why FTX Loaned Out Customers' AssetsWhy ShapeShift's Erik Voorhees Thinks Toxic Bitcoin Maximalism Is BullshitShapeShift's Erik Voorhees on How Crypto Will Separate Money and StateTeana Baker-Taylor, COO at Venice AILinks | Previous coverage on Unchained crypto/AI:When AI and Blockchain Meet, How Can Each Technology Benefit?The Chopping Block: Why AI Will Change the Course of History in Crypto5 Use Cases of AI in BlockchainA Beginner's Guide to AI TokensVenice AI:Erik's thread announcing Venice The Separation of Mind and StateArchitecture:About Morpheus.NetworkMessari: What is Akash Network?LLMs:MIT Technology Review: LLMs become more covertly racist with human interventionChina Talk: Censorship's Impact on China's Chatbots - by Nicholas WelchRecent cases on privacy:CoinDesk: Samourai Wallet Founders Arrested and Charged With Money LaunderingCointelegraph: DOJ's Tornado Cash arguments show ‘obvious disdain for privacy' — LawyerCNBC: North Korea crypto hacking activity soars to record high in 2023, new report showsReuters: Exclusive: UN experts investigate 58 cyberattacks worth $3 bln by North KoreaErik's post on the right to have privacy-Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Erik Voorhees, a crypto OG, has launched Venice, a private, uncensorable, open-source competitor to OpenAI's ChatGPT or Anthropic's Claude, powered by a decentralized crypto network. In the episode, Erik and Venice's COO Teana Baker-Taylor delve into the problems with censorship and data in current AI agents, including how they create honeypots of information about users' search history for hackers, or that they can be absurdly politically correct, such as refusing to create images of Caucasian people. As they point out, there's also the risk that the companies managing them could be censoring the models to please the Chinese government, in order to access the market in that country. They talk about their plan for Venice to gain market share, considering that DuckDuckGo, a privacy-preserving competitor to Google, has a much smaller market share. And they explain why they intend for Venice to eventually use the compute of Morpheus, or other decentralized crypto-powered compute networks. They also critique the SEC's current regulatory approach to crypto, calling it “a joke.” Additionally, they explore the concept of AI agents using cryptocurrencies as their primary currency. Show highlights: Why Erik decided to move into artificial intelligence and merge it with crypto What problems decentralized AI would solve and why it's hard to solve sexist and racist views in LLMs The differences between ChatGPT and other similar products and Venice AI Why privacy is so important for users, according to Erik, and how Venice doesn't store the users' information How central governments could manipulate information to their own benefit and how to avoid it Whether people will shift from using search engines to LLMs What Morpheus is and its goal to provide decentralized computation for AI How Erik and Teana believe crypto and AI will continue to work together Erik's and Teana's thoughts on some of the recent government actions against founders of crypto privacy services such as Samourai Wallet andTornado Cash Why Erik believes that the SEC has become a joke Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com First Bits + Bips episode: Bits + Bips: Does Macroeconomics Point to a Potential Crypto Supercycle? Thank you to our sponsors! Polkadot VaultCraft Guests: Erik Voorhees, Founder and CEO of Venice AI Previous appearances on Unchained: Erik Voorhees and Cobie on Why FTX Loaned Out Customers' Assets Why ShapeShift's Erik Voorhees Thinks Toxic Bitcoin Maximalism Is Bullshit Shapeshift's Erik Voorhees on How Crypto Will Separate Money and State Teana Baker-Taylor, COO at Venice AI Links Previous coverage on Unchained of crypto/AI: When AI and Blockchain Meet, How Can Each Technology Benefit? The Chopping Block: Why AI Will Change the Course of History in Crypto 5 Use Cases of AI in Blockchain A Beginner's Guide to AI Tokens Venice AI: Erik's thread announcing Venice The Separation of Mind and State Architecture: About Morpheus.Network Messari: What is Akash Network? LLMs: MIT Technology Review: LLMs become more covertly racist with human intervention China Talk: Censorship's Impact on China's Chatbots - by Nicholas Welch Recent cases on privacy: CoinDesk: Samourai Wallet Founders Arrested and Charged With Money Laundering Cointelegraph: DOJ's Tornado Cash arguments show ‘obvious disdain for privacy' — Lawyer CNBC: North Korea crypto hacking activity soars to record high in 2023, new report shows Reuters: Exclusive: UN experts investigate 58 cyberattacks worth $3 bln by North Korea Erik's post on the right to have privacy Learn more about your ad choices. Visit megaphone.fm/adchoices
This week in the cryptocurrency sector, the focus is on regulatory responses, technological advancements, and significant enforcement actions. A slew of Ethereum ETF applications are currently awaiting SEC approval, reflecting a persistent demand for regulated investment vehicles in the crypto space. This interest in ETFs is part of a broader trend toward mainstream acceptance of digital assets. Meanwhile, Erik Voorhees, the founder of ShapeShift, has unveiled 'Venice AI' and 'Morpheus,' initiatives aimed at enhancing open-source development and interoperability within the blockchain ecosystem, which could lead to more robust and versatile blockchain applications.________https://substack.com/@dcndailycryptonewsNews Links
Crypto Banter and ZeroHedge host the
Bankless Weekly Rollup 2nd Week of March, 2024 ------
Weekly Rollup 2nd Week of March ----- ➡️ Apply to the Cartesi Grants Program here: https://bankless.cc/Cartesi ------
Summary In this conversation, Erik Voorhees discusses his journey in Bitcoin, the transition of ShapeShift to a DAO, and his current focus on AI and decentralization. He shares his perspective on the regulatory landscape for AI and the potential dangers of centralized control. Erik emphasizes the importance of open-source AI and encourages individuals to get involved in projects like Morpheus. The conversation touches on Austin's crypto scene, network states and city DAOs, Bitcoin innovation, and responsibly entering a bull market. Chapters 00:00 Introduction and Background 02:23 Erik Voorhees' Journey in Bitcoin 05:07 The Moment of Understanding Bitcoin's Potential 07:11 Challenges and Benefits of Decentralizing ShapeShift 20:30 Erik's Interest in AI and Decentralization 24:12 Regulatory Perspective on AI and the Executive Order 28:15 Navigating the AI Landscape and Self-Governance 31:23 Getting Involved in Morpheus and Open-Source AI 42:18 Token Economics and Building on Morpheus 43:07 Emissions and Compute Contract 44:23 Crypto and AI Collaboration 46:05 Antarctica Trip 55:18 Austin's Crypto Scene 56:56 Network States and City DAOs 59:27 Innovation and Experimentation in Bitcoin 01:02:32 Entering a Bull Market Responsibly 01:06:39 Mass Adoption and Crypto Infrastructure Connect with Erik: X (Twitter): @ErikVoorhees Farcaster: @erikvoorhees ShapeShift: https://shapeshift.com Morpheus: https://mor.org To learn more about ATX DAO: Check out the ATX DAO website Follow @ATXDAO on X (Twitter) Connect with us on LinkedIn Join the community in the ATX DAO Discord Connect with us on X (Twitter): Mason: @512mace Nick: @nickcasares Luke: @Luke152 Ash: @ashinthewild Support the Podcast: If you enjoyed this episode, please leave us a review and share it with your network. Subscribe for more insights, interviews, and deep dives into the world of Web 3. Tools & Resources We Love Podcast Recording & Editing - Riverside FM: We use Riverside FM to record and edit our episodes. If you're interested in getting into podcasting or just recording remote videos, be sure to check them out!
David A. Johnston is an open source contributor at Morpheus. In this episode, we spotlight the open source network for AI smart agents--Morpheus. David believes Morpheus offers the best solution to the legacy issues crypto faces with UI/UX. With Morpheus, the average user someday will be able to type in normal language and have AI take complex actions on behalf of their crypto wallet, based on their approval. If you've been wondering, where's the overlap between AI and crypto--this is the podcast for you! ------
Coin Bureau's Guy Turner interviewed Ryan and David on November 15, 2023. We're re-releasing this episode on our channels thanks to Coin Bureau. We hope you enjoy this meta-conversation of Ryan, David, and the Bankless brand. Happy Holidays! ------- TIMESTAMPS 0:00 Intro 1:55 Crypto YouTube vs. Podcast 7:10 Creating Crypto Content 16:55 SBF vs. Erik Voorhees 32:50 Crypto Industry Mistakes 41:05 Ethereum & Crypto Cycles 55:43 Crypto, Social Media, Madness 1:03:00 Podcast Guests 1:09:00 Final Thoughts ------ RESOURCES Full Coin Bureau Interview https://youtu.be/HVpQroG434E?si=Yl0IR-LUd8dRQZ3l ------ Not financial or tax advice. See our investment disclosures here: https://bankless.com/disclosures
On our last episode of 2023, we welcome Erik Voorhees! If you're a crypto believer, there's no doubt you have heard of Erik. His origins in the crypto space can be traced back to 2011 when he discovered Bitcoin from a Facebook post, and then to 2012 when he joined BitInstant LLC as Head of Marketing. Voorhees co-founded the Bitcoin company Coinapult and founded SatoshiDICE, which he later sold for 126,000 Bitcoin. Just months after the Mt. Gox hack in 2014, Erik launched the first non-custodial crypto exchange, ShapeShift. As Founder and CEO of ShapeShift, he led that to a successful exit for shareholders while also turning ShapeShift into a Decentralized Autonomous Organization (DAO) governed by its FOX token holders. He has been an outspoken libertarian and advocate for Bitcoin, talking openly about his concerns surrounding traditional monetary systems and taxation. He has been known to work with regulators on better understanding the decentralized financial system and improving the future of both TradFi and DeFi. He has been featured in the book Digital Gold and the Netflix documentary Banking on Bitcoin. He has publicly debated Peter Schiff, and Sam Bankman-Fried, and has been featured on Bloomberg, Fox Business, and numerous industry conferences. He has been interviewed by many crypto publications and podcasts - The Missing Link being one. This episode is a can't-miss! This podcast does not contain any financial or legal advice and you should not seek to rely on it as such. Opinions are the personal opinions of the speaker.The Missing Link is a podcast produced by Nayms, our partner in the Searching for Mana podcast.Nayms: https://nayms.com Mana: https://searchingformana.com Like this episode and subscribe to this channel if our content helped and inspired you! See you in our next episode!
https://youtu.be/FDxv04k3Zg8https://open.lbry.com/@NaomiBrockwell:4/tech-innovation:6How technology can help us carve out more freedom in our daily lives NOW.00:00 Crypto as one of the most potent tools for freedom we've ever seen9:05 Can crypto and traditional finance coexist?15:35 Importance of Financial Privacy16:50 CBDCs and the dystopian future22:15 Importance of Privacy in a free society24:28 Have the tables of power already turned given all these decentralized technologies?30:27 How to we build a better future?37:48 Q&AHuge thank you to Atlas Network for hosting the panel, and Erik Voorhees, Jerry Brito, and Paul Brigner for their expertise. To support NBTV, visit https://www.nbtv.media/support(tax-deductible in the US)NBTV's new eBook out now!Beginner's Introduction To Privacy - https://amzn.to/3WDSfkuBeware of scammers, I will never give you a phone number or reach out to you with investment advice. I do not give investment advice.Visit the NBTV website:https://nbtv.mediaSupport the show
What is THORChain? Join David as we explore the liquidity protocol that allows swapping between BTC, ETH, and more without intermediaries. Chad Barraford is a core developer at THORChain, and Erik Voorhees is a Bankless staple who has found a deep resonance with THORChain's mission. Is THORChain helping build the Bankless future? Come find out. -----
Bankless Weekly Rollup 3rd Week of October -----
Erik Voorhees just gave a powerful, insightful speech on the importance of crypto in the fight towards financial freedom. In this video we've compiled the best bits, but you can also watch the entire thing at the link below! Trade like a pro on APEX ➡️ https://pro.apex.exchange/trade/BTC-U...
A Consensus 2023 panel with Michael Casey, Caitlin Long, Neha Narula and Erik Voorhees.The crash of 2022 laid bare how far the cryptocurrency industry strayed from its early ideals, becoming as opaque as the system it challenged, and this year's banking panics have underscored its reliance on that system. On the eve of CoinDesk's tenth anniversary, it's an appropriate moment to take stock of how the industry lost its way, and whether and how it can still deliver on its original promises of greater transparency and resilience. After all, bank runs and runaway inflation merely highlight the need to rethink the legacy paradigm.Michael Casey, CoinDesk's chief content officer, moderates alongside panelists:Caitlin Long, founder and CEO of Custodia BankNeha Narula, director of Digital Currency InitiativeErik Voorhees, founder of ShapeShiftThis episode is executive produced by Jared Schwartz and edited by Ryan Huntington, with additional production assistance from Eleanor Pahl. Cover image by Kevin Ross and the theme song is "Get Down" by Elision.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This was the 2nd largest bank failure in the United States! Ryan and David discuss the breaking story around the SVB banking crisis. What happened? Why? What's the effect on crypto, the rest of the financial markets, and the banking system? ------
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3rd Week of January, 2023 ------ Crypto Tax Calculator | Free Crypto Tax Calculator https://bankless.cc/cryptotaxcalculator ------ JOIN BANKLESS PREMIUM: https://newsletter.banklesshq.com/subscribe ------ BANKLESS SPONSOR TOOLS: KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap ️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi ----- Resources: 0:00 Intro 4:20 MARKETS 6:20 Total Crypto Market Cap 7:50 Fed Cutting? https://twitter.com/DeItaone/status/1615404601489883136 9:05 Debt ATH https://twitter.com/WatcherGuru/status/1616086891098415104 9:40 ETH Ultra Sound https://ultrasound.money/ 11:00 Ethereum Quarterly Report https://newsletter.banklesshq.com/p/state-of-ethereum-report-q4-2022 16:50 FTX Solana Position https://twitter.com/b1ockgreg/status/1615506527741263872 18:05 FTT Pumping? https://www.coingecko.com/en/coins/ftx-token 21:30 SEC vs Gemini https://www.cnbc.com/2023/01/12/sec-charges-genesis-and-gemini-with-selling-unregistered-securities.html 22:54 Winklevoss Defense https://twitter.com/tyler/status/1613674686646484992 24:35 Who Benefits https://twitter.com/dogetoshi/status/1613660660981796869 25:10 After the Fact https://twitter.com/cryptowendyo/status/1613666846041067523 26:05 Saving Investors https://twitter.com/LewellenMichael/status/1613741457248030720 26:30 Is Genesis Bankrupt? https://twitter.com/fintechfrank/status/1615781926161235976 28:45 Is it Priced In? https://twitter.com/business/status/1615885016164081664 29:40 CoinDesk for Sale https://www.cnbc.com/2023/01/18/coindesk-engages-lazard-to-explore-sale-as-dcg-crisis-grows.html 32:55 International Crypto Enforcement https://twitter.com/AP_Abacus/status/1615749853950115844 36:00 Bitzlato https://www.theblock.co/post/203516/wtf-is-bitzlato-crypto-twitter-rolls-eyes-at-dojs-big-arrest 41:30 3AC New Exchange? https://www.theblock.co/post/202589/3ac-zhu-davies-new-crypto-exchange 42:00 Trading Claims https://twitter.com/JJcycles/status/1615005217551966208 45:45 Ethereum Validators https://decrypt.co/119370/ethereum-validators-hit-500000-ahead-scheduled-shanghai-upgrade 46:10 Dev Report https://www.developerreport.com/developer-report 48:10 Norway Arbitrum https://twitter.com/arbitrum/status/1613801636350119937 49:12 MetaMask Staking https://twitter.com/MetaMask/status/1613953273957945352 49:45 2017 Cryptopunk Sale https://twitter.com/mullet_eth/status/1615099917806051349 52:30 SBF Congress https://www.coindesk.com/policy/2023/01/17/congress-ftx-problem-1-in-3-members-got-cash-from-crypto-exchanges-bosses/14554945567 53:50 Digital Dollar https://www.coindesk.com/policy/2023/01/18/digital-dollar-project-warns-on-uss-cautious-approach-to-cbdcs/ 55:35 FTX is Solvent https://twitter.com/SBF_FTX/status/1615507065337958401 56:17 MiCA Delay https://blockworks.co/news/mica-delay-until-april-gives-eu-crypto-firms-ample-breathing-room 57:15 Releases 1inch: https://blog.1inch.io/introducing-the-1inch-hardware-wallet-47e2a2a8d5a0 Den: https://twitter.com/OnChainDen/status/1615363420429381635 MeanFi: https://twitter.com/aztecnetwork/status/1615348404842008583 59:10 Raises Diva: https://www.theblock.co/post/202690/diva-closes-3-5-million-seed-round-for-distributed-liquid-staking-protocol Obol: https://twitter.com/ObolNetwork/status/1615385163218948096 Flashbots: https://twitter.com/theblock__/status/1616020690326388738 Sleepagotchi: https://twitter.com/dberenzon/status/1615453029360365569 1:02:15 ETH Denver Meetup https://imgur.com/TbapHDs 1:03:00 Questions from the Nation https://youtu.be/Os10Ln8sMOc?t=6166 1:09:00 TAKES of the Week 1:09:30 Crooked Cop https://twitter.com/twobitidiot/status/1613673970896703488 1:11:10 Wild West https://twitter.com/ErikVoorhees/status/1613548809635741696 1:12:20 Owning vs Trading https://twitter.com/zhusu/status/1613389245007233026 1:13:50 BTC Supply Cap https://twitter.com/TrustlessState/status/1613924471391551488 1:15:50 What David's Bullish On 1:18:35 What Ryan's Bullish On 1:23:45 MEME of the Week https://twitter.com/cyounessi1/status/1614822327484833801 ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
ShapeShift CEO Erik Voorhees expects Bitcoin to reach $40,000 by the summer, while Tim Draper has stood by his $250,000 BTC prediction for the second year running. Erik Voorhees, founder and CEO of crypto exchange ShapeShift, was optimistic about a potential recovery of the Bitcoin price during an interview with Bankless on Jan. 2, stating he “wouldn't be surprised” if Bitcoin hit “like $40K” by the “summer.” Learn more about your ad choices. Visit megaphone.fm/adchoices
✨ DEBRIEF | Unpacking the Episode: https://shows.banklesshq.com/p/debrief-erik-voorhees-why-are-we-here ------ Erik Voorhees is a crypto veteran of veterans. He's one of the greatest advocates of open and permissionless systems that we have in this space. In this episode we talk about his legendary debate with SBF—this is the first time we've caught up with him since. What are his reflections now? We also dive into how this bull/bear cycle is similar and different from previous ones, how do we preserve crypto's core principles, and most importantly—why are we here? Why crypto? Why now? Why stay? Erik doesn't waste a word in this episode. Happy New Year everyone. Let's keep building. ------
Erik Voorhees joins the show to discuss the strange story of Sam Bankman-Fried and the FTX crypto crash. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Erik Voorhees joins the show to discuss the strange story of Sam Bankman-Fried and the FTX crypto crash. Learn more about your ad choices. Visit podcastchoices.com/adchoices
3rd Week of November, 2022 ------
CoinDesk speaks with Erik Voorhees, Sunny Aggarwal, Chjango Unchained, and Haseeb Qureshi to discuss DeFi, regulation and decentralized exchanges in the wake of FTX's collapse.The executive producer for CoinDesk Podcasts is Jared Schwartz. Nia Freeman edited this episode.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Erik Voorhees, founder of ShapeShift, and Jordan Fish, aka Cobie, crypto investor and host of UpOnly, talk about the collapse of FTX. Show highlights: the links between FTX and Alameda what kickstarted the blowup of FTX why Erik and Cobie think that Bankman-Fried's behavior was “sociopathic” why the $10 billion hole is so shocking to Cobie considering the advantages that FTX had as a company whether this would have ever happened if the prices hadn't plummeted in the bear market the tension between advocates of privacy and those who want to limit criminal activity why Erik believes that SBF's donations to both political parties are bribery whether regulators can prevent an exchange from collapsing whether Changpeng Zhao did a better job at investigating FTX than anyone at the SEC the likelihood that this will result in criminal charges how blockchain technology is the solution to the problem of centralized exchanges doing things in the dark Tether's decision to freeze USDT owned by FTX Erik's response to Bitcoin maximalists who say FTX was caused by altcoins whether it is a mistake for exchanges to issue their own tokens how big the contagion could be in the industry why nobody should leave a significant amount of their net worth in a centralized exchange Erik's message to regulators whether SBF was aligned with the values and the ethos of crypto Thank you to our sponsors! Crypto.com Ava Labs DeFi Saver Erik: Twitter ShapeShift Previous Unchained episodes: Why ShapeShift's Erik Voorhees Thinks Toxic Bitcoin Maximalism Is Bullshit Shapeshift's Erik Voorhees on How Crypto Will Separate Money and State Cobie: Twitter Substack UpOnly Previous Unchained episodes: Cobie and Chris Burniske on How to Navigate a Crypto Bear Market Episode Links Previous coverage of Unchained: Sam Bankman-Fried on How to Prevent the Next Terra and 3AC The Chopping Block: FTX: The Biggest Collapse in the History of Crypto? FTX Collapse: FTX Tapped Into Customer Accounts to Fund Risky Bets, Setting Up Its Downfall SBF's video talking to regulators Unchained coverage: FTX May File for Bankruptcy After Binance Walks Off the Deal FTX Needs $8B to Meet Investor Withdrawals: Report Tron Founder Justin Sun Says He Is Working With FTX on a Solution US DOJ Joins SEC and CFTC Probe of FTX FTX-Issued Wrapped Solana Tokens Could Add to DeFi Contagion: wBTC Creator Sequoia Capital Writes Off $214M FTX Investment to Zero Binance's dropped deal with FTX CZ's announcement SBF's announcement Binance's merkle-tree proof-of-reserves Unchained coverage: Binance Set to Buy FTX Amid Liquidity Crisis SBF's Net Worth Plummets 94% In One Day: Report There are Rumors that Alameda Went Down With 3AC in Q2 Alameda Owes More Than $30M in DeFi Debt Coinbase and Genesis Declare No Exposure to Collapsing FTX Binance Might Have Triggered a Liquidity Crisis as FTX's Main Wallet Lost 290K ETH in Two Days Binance to Liquidate Millions Worth of its FTX's Token Holdings FTX's Stablecoin Reserves Hit One-Year Low Alameda's Balance Sheet Sparks Controversy Crypto regulation Industry Leaders Debate How to Regulate DeFi Bankless debate between SBF and Erik Voorhees
The craziest 48 hours in crypto history? From the apparent takeover of FTX by Binance to no more takeover to SBF now being probed by U.S. regulators. As the dust settles, we cover everything that's unfolded in the last 24 hours and how it'll reshape crypto moving forward. If you missed yesterday's stream where we go over the timeline of how all this happened and got industry leaders Brian Armstrong, Erik Voorhees, & Ryan Selkis to share their thoughts—you can find it here: https://youtu.be/LDtZyMcaaNY ------ Earnifi | Check For Your Unclaimed Airdrops, POAPs, & NFTs https://bankless.cc/earnifi ------ SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/?utm_source=banklessshowsyt ️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ ------ BANKLESS SPONSOR TOOLS: ️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave NEXO | CRYPTO FINANCIAL HUB https://bankless.cc/Nexo LEDGER | NANO HARDWARE WALLETS https://bankless.cc/Ledger ️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/Fuelpod ------ Timestamps: 0:00 Intro 5:05 The Recap https://twitter.com/wassielawyer/status/1590025892994371584 https://twitter.com/RyanSAdams/status/1590150120250966016 14:37 Our Mood 25:00 The Story Continued https://twitter.com/cz_binance/status/1590351182513729544 29:50 SBF Deleting Tweets https://twitter.com/ledgerstatus/status/1590115753331937281 31:27 Ooof https://twitter.com/ercwl/status/1590165313190260737 https://twitter.com/Snowden/status/1590319361863995394 33:35 SBF Letter to Investors https://twitter.com/WClementeIII/status/1590107340317294593 35:20 UPDATE https://www.coindesk.com/business/2022/11/09/binance-is-strongly-leaning-toward-scrapping-ftx-rescue-takeover-after-first-glance-at-books-source/ https://twitter.com/Blockworks_/status/1590441854960820224 37:35 US Probes FTX https://www.bloomberg.com/news/articles/2022-11-09/us-probes-ftx-empire-over-handling-of-client-funds-and-lending 39:30 https://twitter.com/tier10k/status/1590444221525278721 https://twitter.com/tier10k/status/1590394410151251968 https://twitter.com/depression2019/status/1590383943358218240 43:26 Alameda Website Dead https://twitter.com/WClementeIII/status/1590406041250181120 https://12ft.io/proxy?q=https%3A%2F%2Fwww.wsj.com%2Farticles%2Fbinance-is-said-to-be-likely-to-walk-away-from-deal-to-buy-ftx-11668020963 44:20 How This Happened? https://twitter.com/LucasNuzzi/status/1590122590206824448 1:02:00 Binance Tweets https://twitter.com/binance/status/1590449161069268992 Onchain flows https://www.coindesk.com/markets/2022/11/09/these-four-key-charts-shed-light-on-the-ftx-exchanges-spectacular-collapse/ https://twitter.com/LucasNuzzi/status/1590122590206824448 1:05:07 Convo Starter https://twitter.com/crypto_condom/status/1590338735606231041 1:08:05 10% of Multicoin on FTX https://twitter.com/TheBlock__/status/1590349978873913350 1:09:39 Galaxy Exposure to Alameda https://www.theblock.co/post/184262/galaxy-digital-reveals-ftx-exposure-in-q3-earnings-report 1:10:00 FTX Investors https://twitter.com/fintechfrank/status/1590145184020328448 1:10:46 Other Chains https://twitter.com/dunleavy89/status/1590056663767449600 1:11:15 FTX.US is Okay https://www.axios.com/2022/11/09/ftx-us-american-subsidiary-impact-liquidity-crunch 1:11:30 Emotions https://twitter.com/0xfoobar/status/1590204552891899907 https://twitter.com/cobie/status/1590188580483497985 https://twitter.com/shaughnessy119/status/1590201528014753792 https://twitter.com/lawmaster/status/1590238771915935744 People Selling their FTX Balances https://twitter.com/TensaiCapital/status/1590301595237224449 SBF Down Bad ATH https://twitter.com/econoar/status/1590130144815218689 1:20:25 CZ Tweets https://twitter.com/cz_binance/status/1590313459132305408 1:22:00 Solana Unlocks https://twitter.com/thedata_nerd/status/1590307325650182144 1:27:00 Coinbase Gud https://twitter.com/ViktorBunin/status/1590064600178835457 1:27:16 The Meta Question https://twitter.com/BanklessHQ/status/1590341304172838913 1:27:30 What Happened & Closing Thoughts 1:34:05 Risks & Disclaimers 1:34:35 Leaving you with Larry David https://twitter.com/LilMoonLambo/status/1590145235291893760 ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures
Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi and Tom Schmidt were joined by Nic Carter, reformed Bitcoin Maxi, and Laura Shin, CEO of the show, to chop it up about Binance's buyout of FTX. Show topics: Haseeb's tl;dr of Binance's possible acquisition of FTX whether Alameda is the new Three Arrows Capital the implications of FTX's collapse for regulators and lawmakers what will happen to all the companies that lent money to Alameda Sam Bankman-Fried's emergency effort to raise billions of dollars whether there could be criminal charges against FTX why FTX was not as profitable as other derivative exchanges what the probabilities are of Binance actually buying FTX whether the enterprise value of FTX is negative Tom's concerns about the concentration in the industry how FTX's implosion will impact crypto venture capital firms whether Solana can survive without SBF's support how the lack of transparency kicked off this situation and how blockchains help solve this issue Hosts Haseeb Qureshi, managing partner at Dragonfly Capital Tom Schmidt, general partner at Dragonfly Capital Guests Nic Carter, reformed Bitcoin Maxi Nic's proof of reserves Laura Shin, author, host of Unchained Episode Links Previous coverage of Unchained:Sam Bankman-Fried on How to Prevent the Next Terra and 3AC Acquisition of FTX CZ's announcement SBF's announcement Binance's merkle-tree proof-of-reserves Unchained coverage: Binance Set to Buy FTX Amid Liquidity Crisis SBF's Net Worth Plummets 94% In One Day: Report There are Rumors that Alameda Went Down With 3AC in Q2 Alameda Owes More Than $30M in DeFi Debt Coinbase and Genesis Declare No Exposure to Collapsing FTX Binance Might Have Triggered a Liquidity Crisis as FTX's Main Wallet Lost 290K ETH in Two Days Binance to Liquidate Millions Worth of its FTX's Token Holdings FTX's Stablecoin Reserves Hit One-Year Low Alameda's Balance Sheet Sparks Controversy Crypto regulation Industry Leaders Debate How to Regulate DeFi Bankless debate between SBF and Erik Voorhees
On Part 1 of this two-part series, Ryan and David recap everything that happened leading up to today, what's unfolded thus far, what happens next, and what it means for the crypto space writ large. In Part 2, Ryan and David are joined by Brian Armstrong, Erik Voorhees, & Ryan Selkis. Part 2 is out now! Check your feed. ------ Earnifi | Check For Your Unclaimed Airdrops, POAPs, & NFTs https://bankless.cc/earnifi ------ SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/?utm_source=banklessshowsyt ️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ ------ BANKLESS SPONSOR TOOLS: ️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave NEXO | CRYPTO FINANCIAL HUB https://bankless.cc/Nexo LEDGER | NANO HARDWARE WALLETS https://bankless.cc/Ledger ️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/Fuelpod ----- Timestamps: 0:00 Intro 6:40 Key Players 11:33 SBF 12:45 Binance 14:30 Asset Clarifications 16:25 The Timeline https://www.coindesk.com/business/2022/11/02/divisions-in-sam-bankman-frieds-crypto-empire-blur-on-his-trading-titan-alamedas-balance-sheet/ https://twitter.com/DylanLeClair_/status/1587890966580658177 https://analytics.abracadabra.money/cauldrons https://twitter.com/carolinecapital/status/1589264375042707458 https://twitter.com/cz_binance/status/1589283421704290306 https://twitter.com/cz_binance/status/1589328518609240064 https://twitter.com/carolinecapital/status/1589287457975304193 https://twitter.com/coinmamba/status/1589294435317125120 https://twitter.com/DylanLeClair_/status/1589768406735392768 https://twitter.com/cz_binance/status/1589374530413215744 https://twitter.com/cz_binance/status/1589329217874931712 https://twitter.com/cz_binance/status/1589374530413215744 https://twitter.com/theData_Nerd/status/1589412348476825600 https://twitter.com/SBF_FTX/status/1589598284322328579 https://twitter.com/PRHillmann/status/1589653449792421889 https://newsletter.banklesshq.com/p/battle-of-the-billionaires https://imgur.com/uWeYrLv https://twitter.com/TheBlock__/status/1589979338979434497 https://twitter.com/Dogetoshi/status/1589980754964271104 https://twitter.com/Dogetoshi/status/1589983115430473730 https://twitter.com/tier10k/status/1589983701730922496 https://twitter.com/Dogetoshi/status/1589986908272472064 https://twitter.com/sbf_ftx/status/1590012124864348160 https://twitter.com/yuno0Zy/status/1590013905686106113 https://www.semafor.com/article/11/08/2022/before-deal-with-rival-ftx-scoured-wall-street-silicon-valley-billionaires-for-1-billion-lifeline https://twitter.com/VentureCoinist/status/1590033055246618624 https://twitter.com/VentureCoinist/status/1590044831665258496 https://www.tradingview.com/chart/pabiN1CM/ https://twitter.com/zhusu/status/1590022114882768897 https://twitter.com/stablekwon/status/1590017837758033926 https://twitter.com/santisiri/status/1590031964408786944 https://twitter.com/AlamedaTrabucco/status/1590032437501124609 https://twitter.com/ThetaMentality/status/1590016374608654336 https://twitter.com/_jamiis/status/1590032682272010241 https://twitter.com/DylanLeClair_/status/1590013774735740930 https://twitter.com/CanteringClark/status/1590016032139513857 https://twitter.com/WClementeIII/status/1590018245758963712 https://twitter.com/0xngmi/status/1590026606814572544 https://twitter.com/cz_binance/status/1590055819416330240 https://twitter.com/DylanLeClair_/status/1590027464054837248 ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures
In Part 2, Ryan and David are joined by Brian Armstrong, Erik Voorhees, & Ryan Selkis to discuss what transpired today, how it'll impact our industry, and what it means moving forward. In case you missed it, we've already released Part 1 where Ryan and David recap everything that happened leading up to today, what's unfolded thus far, what happens next, and what it means for the crypto space writ large. ------ Earnifi | Check For Your Unclaimed Airdrops, POAPs, & NFTs https://bankless.cc/earnifi ------ SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/?utm_source=banklessshowsyt ️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ ------ BANKLESS SPONSOR TOOLS: ️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave NEXO | CRYPTO FINANCIAL HUB https://bankless.cc/Nexo LEDGER | NANO HARDWARE WALLETS https://bankless.cc/Ledger ️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/Fuelpod ----- Timestamps: 0:00 Intro 4:04 Ryan Selkis 11:45 Takes & Prices https://twitter.com/brian_armstrong/status/1590088673726717952 https://www.coingecko.com/ https://ultrasound.money/ 20:32 Erik Voorhees 42:00 Brian Armstrong 1:00:25 New CZ https://twitter.com/cz_binance/status/1590103159506341888 1:02:45 Ultra Sound Money https://ultrasound.money/ 1:04:45 Closing & Disclaimers ----- Resources: SBF Announcement https://twitter.com/SBF_FTX/status/1590012124864348160 CZ Announcement https://twitter.com/cz_binance/status/1590013613586411520 ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures
Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Robert Leshner, Tom Schmidt, and Tarun Chitra chop it up about the latest news in the digital asset industry. Show topics: Elon Musk's acquisition of Twitter – and its effect on DOGE the irony that people working in centralized companies want to decentralize Twitter whether Twitter is going to become like Facebook why Twitter has been the most pro-crypto among big tech companies why Tarun thinks Binance Pay is an impressive product whether it is possible to run a decentralized social media for billions of users the debate between Sam Bankman-Fried and Erik Voorhees about crypto regulation whether crypto exchange CEOs are true believers in the philosophy of crypto why Haseeb believes Sam Bankman-Fried is a very honest person how Reddit used a simple strategy to gain massive adoption whether it is necessary to rebrand NFTs Hosts Haseeb Qureshi, managing partner at Dragonfly Capital Tarun Chitra, managing partner at Robot Ventures Robert Leshner, founder of Compound Tom Schmidt, general partner at Dragonfly Capital Episode Links Twitter acquisition What Are the Potential Impacts of Musk's Twitter Purchase? Sam Bankman-Fried, founder and CEO of FTX, will receive between $50 million and $100 million from Elon Musk's purchase of Twitter. Vitalik Buterin said Musk's idea of charging $8 a month for a blue check on Twitter could “damage the blue check's anti-scam role.” Binance CEO Changpeng Zhao said he would join Twitter's board if Elon Musk asked him to. Crypto regulation Industry Leaders Debate How to Regulate DeFi Bankless debate between SBF and Erik Voorhees Alameda's Balance Sheet Sparks Controversy Trojan Horse of NFTs? Reddit Onboards 3M Wallets as Trading Volume Soars
1st Week of November, 2022 ------
A debate between two crypto titans on how to regulate crypto. Whether to regulate crypto? Where do we draw the line? Study and remember this one anon. ------ Push | Try the Communication Protocol of Web3 https://bankless.cc/Push ------ SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ ️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ ------ BANKLESS SPONSOR TOOLS: ️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum DESO | DECENTRALIZED SOCIAL BLOCKCHAIN https://bankless.cc/Deso BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave TRUEFI | CRYPTO FINANCIAL HUB https://bankless.cc/TrueFi SEQUENCE | ALL-IN-ONE PLATFORM https://bankless.cc/Sequence ️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/Fuelpod ------ Timestamps: 0:00 Intro 7:36 Should Crypto Be Regulated? 23:50 Transparency 25:55 Showing Up & BitLicense 36:50 Erik's Issues with Sam's Post 52:12 The DeFi Regulation Debate 1:24:27 Why Regulation Now? 1:40:10 DCCPA 1:53:04 Stealmanning Eachother's Points 2:01:55 Closing Arguments 2:06:17 Closing & Disclaimers ------ Resources: SBF https://twitter.com/SBF_FTX Erik Voorhees https://twitter.com/ErikVoorhees SBF Proposal https://twitter.com/SBF_FTX/status/1582835426116575235 Erik Voorhees's Rebuttal https://www.moneyandstate.com/blog/response-to-sbf ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures
Erik Voorhees is Bitcoin OG investing since 2011, and founder of Shapeshift. We discuss the new crypto regulations being debated, how this could go wrong, the best outcome, how we win, how to regulate Defi, when the changes could take place, what it means for your coins, and more. You might have seen the debates on Twitter or across Youtube and this episode perfectly sums up why crypto regulation is such a hot topic right now. Thank you for tuning in. If you can spare 5 seconds to leave a review/rating on iTunes, I appreciate it. It helps others find the show. Show sponsors: •Bybit: Trade Bitcoin, ETH, or your favorite altcoins on the best trading platform in crypto. See the tokens on my watchlist in a token bundle on Bybit: Bybit Token Bundle Use the show link for a Bitcoin deposit bonus on new trading accounts: https://partner.bybit.com/b/luke
Cobie, co-founder of Lido and UpOnlyTv, and Chris Burniske, partner at Placeholder Ventures, talk about surviving a crypto bear market, the Terra collapse, lessons they've learned from their mistakes, and much more. Show highlights: whether Chris and Cobie think crypto is in a bear market why Chris says these are the times to buy what effect the Terra debacle will have on the crypto industry why Chris was expecting UST to blow up why Chris thinks there is going to be another massive liquidation event whether an algo stablecoin could work why bear markets are sometimes a good thing how USDT was stress tested and proved its resilience how macro is affecting the crypto space and what the role of the Fed is when will we see the bottom of this bear market how meme coins are the symptoms of a broken system why this crypto cycle is different whether regulations are helping VCs rather than the retail investors why risky assets are the ones that could increase 10,000x whether the future of crypto is multichain or not how developers signal what ecosystem is going to win in the next expansion cycle whether Cobie thinks staking is dying how Chris judges market bottoms and tops what lessons Cobie and Chris have learned from their mistakes what innovations will catalyze the next bull cycle what needs to happen in the future for crypto to succeed Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Cross River Bank: https://crossriver.com/crypto Beefy Finance: https://beefy.finance Episode Links Cobie Twitter: https://twitter.com/cobie UpOnlyTv: https://uponly.tv/ Substack: https://cobie.substack.com/ L1 trading: https://cobie.substack.com/p/trading-the-metagame?s=r Death of staking: https://cobie.substack.com/p/apecoin-and-the-death-of-staking?s=r Token unlocks: https://cobie.substack.com/p/on-the-meme-of-market-caps-and-unlocks?s=r Cycle Tweets: Why “the next cycle” reasoning scares him https://twitter.com/cobie/status/1524965475813568512 What projects will survive the bear https://twitter.com/cobie/status/1469253171885318146 His call to “buy” on March 12 2020 https://twitter.com/cobie/status/1238282793244860417 Which VCs will win https://twitter.com/cobie/status/1515667977118826500 Chris Burniske LinkedIn https://www.linkedin.com/in/burniske/ Twitter https://twitter.com/cburniske Previous Unchained episode https://unchainedpodcast.com/chris-burniske-a-blank-slate-of-state/ https://unchainedpodcast.com/chris-burniske-of-placeholder-on-the-downsides-of-icos/ https://unchainedpodcast.com/want-to-diversify-your-portfolio-try-bitcoin-say-arks-chris-burniske-and-coinbases-adam-white/ https://unchainedpodcast.com/how-to-value-a-crypto-asset/ Cycle Tweets Feb 2022 bear call https://twitter.com/cburniske/status/1495468570708426754 March 2022 bear call https://twitter.com/cburniske/status/1523021991619428352 November 2021 top call https://twitter.com/cburniske/status/1457884538806308868 DCA advice https://twitter.com/cburniske/status/1525906152881459200 https://twitter.com/cburniske/status/1500593438433021952 What could knock the market further down https://twitter.com/cburniske/status/1525157945079496705 https://twitter.com/cburniske/status/1524260987787902978 2017 ATH calls https://twitter.com/cburniske/status/1524838447784947712 https://twitter.com/cburniske/status/1524524188366635008 Trying to time the bottom https://twitter.com/cburniske/status/1523573129431240710 Chris x Cobie Luna https://twitter.com/cburniske/status/1524280637431164929 Feeling sorry for people who have lost $ https://twitter.com/cburniske/status/1524267901456248832 Bear Market Content Dragonfly https://medium.com/dragonfly-research/to-all-dragonfly-founders-and-friends-1a65e68093d4 Sequoia advice https://twitter.com/michellebailhe/status/1526373376142348288 Arthur Hayes buying BTC at $20K in wake of Terra https://entrepreneurshandbook.co/luna-brothers-inc-712ec5abe199 Financial comeuppance https://cryptohayes.medium.com/annihilation-4effdaf3c73f Paradigm (surviving crypto cycles) https://www.paradigm.xyz/2021/03/surviving-crypto-cycles Zhu Su on being a better role model for retail https://twitter.com/zhusu/status/1525045033216397312 Nick Tomaino on stopping relentless shilling https://twitter.com/NTmoney/status/1525234408910987264 Lot's of talk about “suicide” in context of LUNA https://bitcoinist.com/luna-investors-suicidal-after-cryptos-collapse/ Helping smaller LUNA wallets first https://twitter.com/VitalikButerin/status/1525561624974700545 Punk6529 on surviving the bear market https://twitter.com/punk6529/status/1525565876711444484 Ian from Syndicate DAO on previous cycles https://twitter.com/ianDAOs/status/1524613312582799360 Best website for looking at token performance https://cryptorank.io/performance Chris Burniske: Twitter: https://twitter.com/cburniske Placeholder VC: https://www.placeholder.vc/ Previous Unchained Coverage on Terra Nic Carter, Erik Voorhees, and Eric Wall on the collapse of UST https://unchainedpodcast.com/why-terra-collapsed-and-whether-an-algo-stablecoin-can-ever-succeed/ Do Kwon on backing UST with BTC https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/ Kevin Zhou on the risk of UST's death spiral https://unchainedpodcast.com/heres-why-usdn-depegged-from-the-dollar-and-why-ust-might-too/ Jon Wu on how Terra got depegged: https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/ Do Kwon on The Chopping Block https://www.youtube.com/watch?v=0xl8u7-KVwM
Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news in the digital asset industry. On this episode, Kevin Zhou, the CEO of Galois Capital and long-time critic of UST, also joined the conversation. Show topics: the UST depeg and Terra collapse Kevinon what it was like being one of the earliest naysayers of LUNA why Kevin believes that UST initially depegged and became a “fear cascade” how Galois Capital traded the UST depeg, from shorting LUNA to keeping their UST in Anchor until the last moment why Kevin was disappointed in the lack of transparency in how Luna Foundation Guard attempted to defend the UST peg the implications of UST's collapse across the crypto and traditional financial markets whether Terra's decline will lead to more regulation in the crypto industry why Anchor was the “cancer” of the Terra system why VCs are reticent to say something bad about protocols they don't believe in why grifting is so much more prevalent in crypto what Jump Trading had to do with the Terra collapse the difference between the way trading and VC firms interact with crypto the issues with the Terra 2 proposal without UST which chains are receiving the people leaving the Terra ecosystem why Haseeb compared the collapse of UST to the collapse of the Soviet Union who Kevin believes should be reimbursed in the aftermath of the UST collapse how political considerations might affect how Terra continues to develop going forward why Terra NFTs were skyrocketing during the Terra meltdown whether crypto is in a bear or bull market Hosts Haseeb Qureshi, managing partner at Dragonfly Capital https://twitter.com/hosseeb Tom Schmidt, general partner at Dragonfly Capital https://twitter.com/tomhschmidt Tarun Chitra, managing partner at Robot Ventures https://twitter.com/tarunchitra Robert Leshner, founder of Compound https://twitter.com/rleshner Guest Kevin Zhou, CEO of Galois Capital https://www.linkedin.com/in/kevin-zhou-82938324/ Previous Unchained Coverage Nic Carter, Erik Voorhees, and Eric Wall on the collapse of UST https://unchainedpodcast.com/why-terra-collapsed-and-whether-an-algo-stablecoin-can-ever-succeed/ Do Kwon on backing UST with BTC https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/ Kevin Zhou on the risk of UST's death spiral https://unchainedpodcast.com/heres-why-usdn-depegged-from-the-dollar-and-why-ust-might-too/ Jon Wu on how Terra got depegged: https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/ Do Kwon on The Chopping Block https://www.youtube.com/watch?v=0xl8u7-KVwM Haseeb's summary of the Terra collapse: https://medium.com/dragonfly-research/the-reign-of-terra-the-rise-and-fall-of-ust-208dabbc8e6e Jon Wu's write-up on the UST Depeg Article: https://www.notboring.co/p/terra-to-the-moon-and-back Thread: https://twitter.com/jonwu_/status/1523793482850050048?s=20&t=lvB1zdz98wu5TE5emh4fCw Terra Background Info Twitter: https://twitter.com/terra_money UST Mechanics: https://angelprotocol.medium.com/how-does-ust-work-ec7b2f6e2c2c UST Bank Run: https://www.wsj.com/articles/crash-of-terrausd-shakes-crypto-there-was-a-run-on-the-bank-11652371839 Speculation of a deliberate attack: https://onchainwizard.substack.com/p/how-to-make-800m-in-crypto-soros?s=r Do Kwon's Proposed Terra's Revival: https://www.coindesk.com/tech/2022/05/13/do-kwon-proposes-restart-of-terra-blockchain-as-ust-luna-plummet/ Anchor: https://twitter.com/anchor_protocol Terra 2.0: https://unchainedpodcast.com/do-kwon-has-a-new-plan-again/ LFG Purchases Luna Foundation Guard: https://lfg.org/team/ Pomp – the $10B Bitcoin Bet on Stablecoins https://pomp.substack.com/p/the-10-billion-bitcoin-bet-on-stablecoins?s=w 3/10 BTC purchase https://twitter.com/LFG_org/status/1503680315969060864 $1 BTC billion purchase https://twitter.com/terra_money/status/1496162889085902856 TFL x LFG relationship https://twitter.com/stablekwon/status/1502225674840555523 Galois Twitter threads https://twitter.com/Galois_Capital/status/1511455703642394628 https://twitter.com/Galois_Capital/status/151119893095193804 Tarun's thoughts on algorithmic stablecoins https://twitter.com/Unchained_pod/status/1512465290910736391
Nic Carter, general partner at Castle Island Venture, Eric Wall, former Chief Investment Officer of Arcane Assets, and Erik Voorhees, founder of ShapeShift, discuss what happened with the TerraUSD (UST) and LUNA fiasco, Do Kwon's responsibility, the impact on the crypto ecosystem, and much more. Show highlights: how Erik used to feel that algo stablecoins were impossible and why he changed his mind why Eric considers that the demand for UST was tied to a sh*tcoin why Nic didn't think LUNA would work how a stablecoin could theoretically be decentralized whether Nic, Eric, and Erik think this was a deliberate attack why they think whether or not there was a deliberate attack is not even relevant how the de-peg started with a liquidity issue on Curve why Nic thinks that Terra's biggest mistake was the 19.5% APY on Anchor whether pursuing a decentralized stablecoin is a worthy goal what aspects of UST were decentralized, according to Erik whether algo stablecoins are dead or whether in the future, death spirals of algo stablecoins can be avoided why Erik believes that everything in the crypto space is an experiment, even BTC what it says that the VCs behind Terra knew were so reputable why Do Kwon's arrogance and inexperience might have caused this chaos whether Terra can be rebuilt whether this collapse imposes risks on other blockchains and other assets why the Luna Foundation Guard's purchase of Bitcoin might have made the UST collapse even worse what Erik thinks about the global financial system and the US dollar how this event could trigger more regulation in the crypto space and why it might hurt the entire ecosystem how regulators might use the Terra case to impose CBDCs. Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Coinchange: https://coinchange.io Beefy Finance: https://beefy.finance Episode Links Erik Vorhees Twitter: https://twitter.com/ErikVoorhees Eric Wall Twitter: https://twitter.com/ercwl Nic Carter Twitter: https://twitter.com/nic__carter Previous Unchained Coverage of Terra Do Kwon on backing UST with BTC https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/ Kevin Zhou on the risk of UST's death spiral https://unchainedpodcast.com/heres-why-usdn-de-pegged-from-the-dollar-and-why-ust-might-too/ Jon Wu on how Terra got de-pegged: https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/ Terra Twitter: https://twitter.com/terra_money UST Mechanics: https://angelprotocol.medium.com/how-does-ust-work-ec7b2f6e2c2c Luna Foundation Guard: https://lfg.org/team/ UST Bank Run: https://www.wsj.com/articles/crash-of-terrausd-shakes-crypto-there-was-a-run-on-the-bank-11652371839 Speculation of a deliberate attack: https://onchainwizard.substack.com/p/how-to-make-800m-in-crypto-soros?s=r Do Kwon's Proposed Terra's Revival: https://www.coindesk.com/tech/2022/05/13/do-kwon-proposes-restart-of-terra-blockchain-as-ust-luna-plummet/ Terra Blockchain Halted: https://www.coindesk.com/business/2022/05/12/luna-issuer-terra-halts-blockchain-after-week-of-losses/ Upcoming Regulation https://www.protocol.com/bulletins/terra-stablecoin-loses-peg https://www.theblockcrypto.com/linked/146583/yellen-says-the-stablecoin-market-is-still-too-small-to-pose-systemic-risk
Location: Remotely Date: Tuesday 16th November Project: Human Rights Foundation & ShapeShift Role: Chief Strategy Officer & CEO, Founder The schism between Bitcoin maximalists, and those who champion altcoins, is a feature of the ecosystem. The arguments are well worn. However, the history of the debate has largely been regarded as toxic. Maximalists tend to believe that, at best, ‘altcoins' are inferior iterations of Bitcoin that involve a compromise, usually greater centralization in favour of larger transaction capacity. The compounding issue is that the majority of these tokens are scams, efforts to rug pull ignorant retail investors. Either way, altcoins are neither aligned to, nor on a trajectory to align with, Bitcoin. Altcoin advocates point to the rapid innovation happening in the space, where the TradFi is being disrupted in real-time. This is whilst the promise of Bitcoin being a foundational layer for DeFi remains just that, a promise. In this interview, I discuss the ideological differences between Bitcoin and altcoins with Erik Voorhees & Alex Gladstein. We discuss the importance of Bitcoin, monetary policies, the political science of blockchains, and consensus & coercion.