Crypto Explained, In Plain English
Big Take4 Tammi 2023

Crypto Explained, In Plain English

If all the news lately about cryptocurrencies–and the fall of Sam Bankman-Fried and his FTX exchange–have left you wishing you had a better handle on the maddeningly complex world of crypto, we’re with you. So we asked Bloomberg Opinion columnist Matt Levine to join Wes this episode to answer: What exactly is crypto, both in theory and reality?

(In case you missed it, Matt wrote a cover-to-cover story for Bloomberg Businessweek on the subject. So he seemed like a good person to ask.)

Matt explains how crypto works and what gives it value. He looks at why once-soaring cryptocurrencies have now plummeted into an extended “crypto winter.” And he assesses the FTX fallout — and what it means for the fate of crypto when billions of dollars of customer money go missing.

Learn more here: https://bloom.bg/3GjHFs6

Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

See omnystudio.com/listener for privacy information.

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Time Runs Short on TikTok in the US

Time Runs Short on TikTok in the US

The US Supreme Court is set to rule on TikTok’s fate this week. The social media platform is in court challenging a law that would force its Chinese parent company ByteDance into a sale or face a US TikTok ban. After hearing oral arguments for and against the ban, the Supreme Court appears poised to uphold it. It would go into effect on Sunday.But incoming President Donald Trump will be sworn in the following day, and could scramble whatever decision is reached this week. Legal editor Sara Forden joins Big Take host Sarah Holder to discuss the case and what a ban would mean for TikTok users, competitor tech platforms and US-China relations. See omnystudio.com/listener for privacy information.

13 Tammi 14min

Gary Gensler: The Exit Interview

Gary Gensler: The Exit Interview

Gary Gensler’s tenure as Wall Street’s top regulator is coming to an end, and the US Securities and Exchange Commission chair is reflecting on his time at the agency. In an interview with host David Gura, Gensler responds to his critics, discusses his concerns about AI, China and crypto — and shares the advice he gave President-elect Trump’s pick to replace him.See omnystudio.com/listener for privacy information.

10 Tammi 16min

A Wildfire Disaster and an Insurance Crisis Collide in Los Angeles

A Wildfire Disaster and an Insurance Crisis Collide in Los Angeles

Deadly wildfires in the Los Angeles area have forced nearly 180,000 residents to evacuate their homes. As they wait to learn the extent of the damage, another crisis is on the horizon: whether private and state-funded insurance can handle a disaster on track to be one the worst in the region’s history. Today on the show, Bloomberg Green reporter Leslie Kaufman discusses why this fire has been so destructive and the state of wildfire insurance in California. Read more: Los Angeles Fires Become Existential Test for California’s Stopgap Insurer See omnystudio.com/listener for privacy information.

9 Tammi 14min

Inflation Claims Another Incumbent, This Time in Canada

Inflation Claims Another Incumbent, This Time in Canada

On Monday, Canada’s Prime Minister Justin Trudeau announced he was resigning — the latest in a series of incumbents around the world who’ve been ousted or stepped aside as their countries grapple with the effects of inflation. Today on the show, Bloomberg reporter Brian Platt joins host Sarah Holder to track Trudeau’s rise and fall. Platt explains how housing costs, a surge in immigration and the loss of a key party ally pushed Trudeau to step down — and where Canada goes from here. Read more: Canada Tilts Right: Inflation Claims Trudeau as Its Latest Victim See omnystudio.com/listener for privacy information.

7 Tammi 16min

OpenAI’s Sam Altman Sits Down With Bloomberg Businessweek

OpenAI’s Sam Altman Sits Down With Bloomberg Businessweek

After CEO Sam Altman was dramatically fired and rehired in November 2023, he got right back to work building up OpenAI, best known for ChatGPT. Now, about a year after that leadership upheaval, and two years after the seismic launch of that chat bot, Altman sat down with Josh Tyrangiel for a wide-ranging interview. Josh joined David Gura to talk about Altman’s evolution from Silicon Valley venture capitalist to a leader of the AI revolution, and how Altman is approaching the future of OpenAI — and planning to navigate the next four years under the Trump administration. Read more: Sam Altman on ChatGPT’s First Two Years, Elon Musk and AI Under Trump See omnystudio.com/listener for privacy information.

6 Tammi 18min

The Human Egg Trade: Episode 3 - The Journey

The Human Egg Trade: Episode 3 - The Journey

A new series from the Big Take podcast investigates the booming market for human eggs. In this episode, host Sarah Holder and Bloomberg’s Jessica Brice focus on the Kemptons, an Australian couple who needed donor eggs to get pregnant. They wanted access to a market they felt offered transparency. They especially wanted information about potential donors. What followed was an around-the-world quest to create a family — filled with promise, gutting losses and extreme cost. Read more: The EggSee omnystudio.com/listener for privacy information.

4 Tammi 26min

We Read Hundreds of 2025 Market Predictions So You Don’t Have To

We Read Hundreds of 2025 Market Predictions So You Don’t Have To

Every year, senior markets editor Sam Potter reads predictions for the year ahead from leading financial institutions around the world. The theme of this year’s predictions: uncertainty.One event on the horizon has contributed to both their predictions for 2025 and the uncertainty in a unique way: Donald Trump’s return to the White House. Potter joins host David Gura to unpack what financial institutions are expecting for this year, given what they know and what they don’t. Read more: Here’s (Almost) Everything Wall Street Expects in 2025 See omnystudio.com/listener for privacy information.

2 Tammi 13min

The Year AI Broke Into Music

The Year AI Broke Into Music

2024 was the year AI broke into the music industry. Record labels that had fought AI-generated songs at every turn started to consider how they might want to use AI tools. But as the technology creeps into more parts of the music production process, not everyone agrees on where to draw ethical and legal lines. On today’s Big Take podcast, Grammy Award-winning producer Timbaland, Universal Music Group executive Michael Nash, Bloomberg audio reporter Ashley Carman and host Sarah Holder examine who stands to benefit from the AI-music boom — and who has the most to lose. Read more: Ashley Carman’s Soundbite newsletterSee omnystudio.com/listener for privacy information.

31 Joulu 202416min

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