The Chopping Block: Paul Grewal on Regulation, Tokenization, and Crypto’s Next Legal Frontier – Ep 867

Erik Voorhees says the greatest scam perpetrated on mankind is currency debasement -- and that crypto will change all that. In this wide-ranging interview, the CEO of crypto-to-crypto exchange Shapeshift talks about how crypto will take away power from central banks, why he believes "maximalists" -- those who believe one crypto asset will rule them all -- are wrong, and why someday we will look back and see the intertwining of money and state as barbaric and unjust, just as we now see the intertwining of church and state. We also discuss the prospects for Bitcoin in the face of high fees, how regulation will affect the development of crypto and why 2017 was the kind of year he hoped for when he got involved in Bitcoin in 2011. Shapeshift's products: https://shapeshift.io/#/coins https://prism.exchange/ https://www.keepkey.com/ http://coincap.io/ Erik's blog: http://moneyandstate.com/ His blog post addressing maximalism: http://moneyandstate.com/no-non-bitcoin-blockchains-are-not-disrespectful-to-satoshi/ Learn more about your ad choices. Visit megaphone.fm/adchoices

13 Helmi 201853min

Love Unchained? Please take this extremely brief survey to help us find more sponsors: https://survey.libsyn.com/unchained Growing up in Argentina, Wences Casares saw his family lose all their money three times due to actions by the government. The so-called "patient zero" of Bitcoin in Silicon Valley explains why he believes that experience predisposed him to seeing the potential in Bitcoin earlier than most people, why it's so hard to explain Bitcoin to Americans and why the company he founded, Xapo, isn't just a Bitcoin vault and wallet company but his best effort at helping to ensure that Bitcoin succeeds. He talks about why he isn't scared of all the new competitors to his service, including Coinbase Custody, why Xapo hasn't branched out into any other crypto assets, and why he believes there's a more than 50% chance that Bitcoin is worth $1 million in five to ten years. Additionally, he still believes the attempt to accommodate more transactions on the Bitcoin blockchain with the SegWit2x fork, which he backed, was wrong -- even though the fees after its failure skyrocketed to as high as $60. Plus -- he reveals what it would look like if Bitcoin became a global standard of value, and why that vision doesn't threaten governments. Xapo: https://xapo.com/ Wences's Facebook Live with Dan Schulman of PayPal: https://www.facebook.com/DanSchulmanPayPal/videos/1419329821528449/ Learn more about your ad choices. Visit megaphone.fm/adchoices

6 Helmi 201855min

Love Unchained? Please take this extremely brief survey to help us obtain more sponsors: https://survey.libsyn.com/unchained Tax attorney Tyson Cross and CPA Jason Tyra discuss all things crypto and taxes, including what types of crypto transactions are taxable events, how you'll be taxed on hard forks -- relevant for those who owned Bitcoin last August 1! -- and whether you can deduct a loss if you lose your private keys or exchange loses your coins. Plus, they reveal the top question they get from crypto enthusiasts and their top recommendations for people who love crypto but want to minimize their tax headache. Tyson Cross: https://www.bitcointaxsolutions.com/ Jason Tyra: https://www.tyracpa.com/ Show notes: http://www.forbes.com/sites/laurashin/2018/01/23/the-tax-rules-that-have-crypto-users-aghast/ Learn more about your ad choices. Visit megaphone.fm/adchoices

23 Tammi 20181h 2min

Love Unchained? Please take this extremely brief survey to help us obtain more sponsors: https://survey.libsyn.com/unchained The 23-year-old whiz dives into who blockchains will someday help, how we transition from Ethereum for digital cats to higher social impact, and why even big companies like JPMorgan, Microsoft and BP are using Ethereum. He also walks through some important technical challenges Ethereum faces with scaling and the shift from a proof-of-work consensus algorithm to proof of stake. And he reveals why he isn't a big believer in on-chain governance. Plus, he talks about his worries and gives us his predictions for 2018. Show notes: http://www.forbes.com/sites/laurashin/2018/01/09/vitalik-buterin-creator-of-ethereum-on-the-big-guy-vs-the-little-guy/ Some of Vitalik's blog posts that we discussed: On token sales: http://vitalik.ca/general/2017/06/09/sales.html Interactive coin offerings: https://people.cs.uchicago.edu/~teutsch/papers/ico.pdf Blockchain governance: http://vitalik.ca/general/2017/12/17/voting.html Learn more about your ad choices. Visit megaphone.fm/adchoices

9 Tammi 20181h 23min

Love Unchained? Please take this extremely brief survey to help us obtain more sponsors: https://survey.libsyn.com/unchained  In this special bonus episode, Laura cover all your basic questions about crypto. What is Bitcoin? What is Ethereum? What is a blockchain? Share this episode with friends, family and anyone who is new to the crypto space and wants to understand what it's all about. Thanks to Elaine Zelby for conducting the interview! No show notes for this show, but some helpful links: Phone hijackings: https://www.forbes.com/sites/laurashin/2016/12/20/hackers-have-stolen-millions-of-dollars-in-bitcoin-using-only-phone-numbers/#1b2acf5a38ba Bitcoin -- these links are old but the information mostly still applies: https://www.forbes.com/sites/laurashin/2015/12/11/should-you-invest-in-bitcoin-10-arguments-in-favor-as-of-december-2015/#34fbc792df28 https://www.forbes.com/sites/laurashin/2015/12/28/should-you-invest-in-bitcoin-10-arguments-against-as-of-december-2015/#117fcfe43895 https://www.forbes.com/sites/laurashin/2015/12/16/bitcoin-at-tax-time-what-you-need-to-know-about-trading-tipping-mining-and-more/ https://www.forbes.com/sites/laurashin/2015/12/31/want-to-own-bitcoin-heres-how-to-buy-invest-in-and-store-it/#792fd9d5b9ef ICOs: https://www.forbes.com/sites/laurashin/2017/07/10/the-emperors-new-coins-how-initial-coin-offerings-fueled-a-100-billion-crypto-bubble/ https://www.forbes.com/sites/laurashin/2017/07/17/how-to-speculate-in-icos-10-practical-financial-tips/#3b8ca6ff5378 https://www.forbes.com/sites/laurashin/2017/07/18/how-to-speculate-in-icos-and-buy-tokens-an-easy-step-by-step-guide/#376caf8c743a Learn more about your ad choices. Visit megaphone.fm/adchoices

26 Joulu 20171h

Love Unchained? Please take this extremely brief survey to help us obtain more sponsors: https://survey.libsyn.com/unchained Marco Santori, who leads the blockchain technology team at Cooley, and Joshua Ashley Klayman, who leads the blockchain and smart contracts group at Morrisson and Forrester, explain why they disagree on how to ensure a token sale won't run afoul of securities laws, how they think regulation around crypto will likely be formed and why the Bitcliense has made New York a crypto innovation backwater. Show notes: http://www.forbes.com/sites/laurashin/2017/12/12/how-crypto-and-blockchain-technology-should-be-regulated/ Marco Santori: https://www.cooley.com/people/marco-santori Joshua Ashley Klayman: https://www.mofo.com/people/joshua-klayman.html The SAFT white paper: https://saftproject.com/ The Cardozo Blockchain Project SAFT response, "Not So Fast": https://cardozo.yu.edu/sites/default/files/Cardozo%20Blockchain%20Project%20-%20Not%20So%20Fast%20-%20SAFT%20Response_final.pdf Are ICOs For Utility Tokens Selling Securities? Prominent Crypto Players Say Yes: https://www.forbes.com/sites/laurashin/2017/10/02/are-icos-for-utility-tokens-selling-securities-prominent-crypto-players-say-yes/#107e96e34fa4 IRS Nabs Big Win Over Coinbase In Bid For Bitcoin Customer Data: https://www.forbes.com/sites/kellyphillipserb/2017/11/29/irs-nabs-big-win-over-coinbase-in-bid-for-bitcoin-customer-data/ Learn more about your ad choices. Visit megaphone.fm/adchoices

12 Joulu 20171h 4min

Love Unchained? Please take this extremely brief survey to help us obtain more sponsors: https://survey.libsyn.com/unchained The executive chairman of AngelList and partner at crypto hedge fund MetaStable explains how blockchains are changing the entrepreneurship model, his philosophy for crypto investing, and what kind of threat crypto could someday pose to governments. We also dive into why blockchains represent a new form of governance, his philosophy for investing in tokens and why he believes there will only be five or fewer winners among the money-like tokens. Show notes: http://www.forbes.com/sites/laurashin/2017/11/28/naval-ravikant-on-how-crypto-is-squeezing-vcs-hindering-regulators-and-bringing-users-choice/ AngelList: https://angel.co/ MetaStable: http://metastablecapital.com/ CoinList: https://coinlist.co/ https://www.forbes.com/sites/laurashin/2017/05/18/want-to-hold-an-ico-coinlist-makes-it-easy-and-legal/ Zcash: https://z.cash/ BlockStack: https://blockstack.org/ https://www.forbes.com/sites/laurashin/2017/09/05/blockstack-on-how-to-take-control-from-google-facebook-and-amazon/ Bitwise Hold 10: https://www.bitwiseinvestments.com/ https://www.forbes.com/sites/laurashin/2017/10/02/new-crypto-index-fund-to-launch-with-backing-from-naval-ravikant/     Learn more about your ad choices. Visit megaphone.fm/adchoices

28 Marras 20171h 13min

Love Unchained? Please take this extremely brief survey to help us obtain more sponsors: https://survey.libsyn.com/unchained Days after the SegWit2x fork was called off, Nathaniel Popper, New York Times tech reporter and author of the book Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money, put this latest suspenseful chapter in Bitcoin's history into context. He discusses why he thinks Bitcoin has become such a vicious, polarized community, why so many of the early Bitcoiners ended up becoming supporters of big blocks, and what could happen to Bitcoin now that new money is entering the system but transactions are expensive and often backlogged. We also dive into who Satoshi Nakamoto might be, whether there are any viable Bitcoin businesses other than ones buying and selling Bitcoin and where regulation of the space is likely to go. Show notes: http://www.forbes.com/sites/laurashin/2017/11/14/what-bitcoins-history-says-about-its-future/ Digital Gold: https://www.harpercollins.com/9780062362490/digital-gold Nathaniel's story on ICOs: https://www.nytimes.com/2017/10/27/technology/how-floyd-mayweather-helped-two-young-guys-from-miami-get-rich.html?rref=collection%2Fbyline%2Fnathaniel-popper His story on who Satoshi Nakamoto may be: https://www.nytimes.com/2015/05/17/business/decoding-the-enigma-of-satoshi-nakamoto-and-the-birth-of-bitcoin.html?_r=0 Learn more about your ad choices. Visit megaphone.fm/adchoices

14 Marras 201757min