How BlackRock Ended Up on Both Sides of the Bailout, Feat. Meltem Demirors
The Breakdown26 Maalis 2020

How BlackRock Ended Up on Both Sides of the Bailout, Feat. Meltem Demirors

The Senate passed $2T in Stimulus. That includes a one time $1,200 check to impacted individuals and….you guessed it, billions and billions for corporate relief. Included in that are hundreds of billions of dollars in corporate bond buying programs. The Federal Reserve has recruited asset management giant BlackRock to administer three of those programs. Here’s the kicker. As Bloomberg describes it: “under the arrangement [BlackRock] could buy some of its own funds on behalf of the central bank.” Outrage is running rampant, and to help listeners sort through it, @NLW is joined by Meltem Demirors, Chief Strategy Officer at CoinShares. In this conversation, they discuss: The government mechanics behind the “money printer go brrr” meme The unfathomable failure of US intelligence in seeing the pandemic coming The deficit of leadership across the political spectrum What Blackrock means and why “they’re not even pretending anymore” Why Twitter memes on their own can’t change the world Why bitcoin can and should be a gateway and tool for evangelizing more systemic change

Jaksot(2054)

Crypto Fed Chair, Polymarket Bots, and the Faketoshi Movie

Crypto Fed Chair, Polymarket Bots, and the Faketoshi Movie

Trump's Fed pick has 30-plus crypto investments — and that's just what he could disclose. David walks through Warsh's filing, a Polymarket bot built on the theory that nothing ever happens, and Hollyw...

16 Huhti 28min

Kevin O’Leary on AI, Data Centers, and Why He Sold 27 Crypto Positions | The Breakdown

Kevin O’Leary on AI, Data Centers, and Why He Sold 27 Crypto Positions | The Breakdown

AI is reprogramming the social fabric — and nobody can agree whether that’s a good thing. Kevin O’Leary, investor and entrepreneur, joins us to share his framework for navigating the AI era across in...

14 Huhti 33min

The Three Layers of AI Agent Commerce with Jordan Liu | The Breakdown

The Three Layers of AI Agent Commerce with Jordan Liu | The Breakdown

x402 just got a lot bigger. The Linux Foundation is now backing it — and maybe Amazon, Google, Stripe, Mastercard, and American Express along with them. In this episode, David sits down with Jordan L...

9 Huhti 38min

Are AI Agents Actually Using Crypto? | The Breakdown

Are AI Agents Actually Using Crypto? | The Breakdown

AI agents are coming online fast — and the payment rails for that world are being built right now. David breaks down the race between Coinbase’s x402 and Stripe’s Machine Payments Protocol, the rise ...

7 Huhti 24min

Fed Governor Miran on Why Inflation Fears Are Overstated | Forward Guidance

Fed Governor Miran on Why Inflation Fears Are Overstated | Forward Guidance

While The Breakdown is between seasons, we’re bringing some of our favorite conversations from across Blockworks onto the feed. In this episode of Forward Guidance, Felix Jauvin sits down with Fed ...

2 Huhti 34min

The Crypto-TradFi Convergence | Inflection Point

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While The Breakdown is between seasons, we’re sharing a panel from Digital Assets Summit featuring the team behind Inflection Point. The conversation explores how investors should think about crypto v...

31 Maalis 34min

Privacy & Institutional Crypto's [Redacted] Future | The Breakdown

Privacy & Institutional Crypto's [Redacted] Future | The Breakdown

While The Breakdown is between seasons, we’re sharing a panel from Digital Asset Summit hosted by David. The discussion explores how institutions think about on-chain privacy, the tradeoffs involved, ...

26 Maalis 43min

Investor Relations in the Onchain Era

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In this special episode, we introduce Blockworks’ new investor relations platform for onchain businesses. As institutional capital continues to enter crypto markets, expectations around transparenc...

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