Is Crypto Entering a New Golden Age—or Just a New Era of Failed Promises?

Is Crypto Entering a New Golden Age—or Just a New Era of Failed Promises?

The crypto industry seems poised for a new golden age. But what exactly does that mean? Who would benefit? And, oh by the way, what does this technology do other than serve as a set of assets to bet to the moon? I have lots of questions about the state of crypto right now. Last week, Bitcoin traded above $100,000 for the first time in history. Its price has skyrocketed since Donald Trump’s win, as a wave of investors bet that the next four years will mark a new renaissance. And this isn’t just a time for optimism. It’s also a time for recrimination. In the last few weeks, several major tech figures, including the venture capitalist Marc Andreessen, have condemned democrats for what they describe as an illegal war on crypto. Austin Campbell is finance vet, an adjunct professor at Columbia Business School, and the founder of Zero Knowledge Consulting. Today, we talk about the purported war on crypto, starting with the origins of "debanking" practices under Obama; we talk about why crypto now seems like a majority-republican technology in an industry that has historically been democratic; we talk about the biggest use cases of crypto around the world; and Austin tells me why he thinks many people in the industry still aren't thinking clearly about the future of finance. Host: Derek Thompson Guest: Austin Campbell Producer: Mike Wargon Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episoder(348)

Israel at War: Why Did Hamas Attack?

Israel at War: Why Did Hamas Attack?

What motivated the Hamas terrorist attack? How did Israel fail to stop it? What role is Iran playing in this conflict? What should Americans know about the state of Israel's chaotic internal politics?...

10 Okt 202352min

Disney’s Downfall: The Rise and Fall of an Entertainment Giant

Disney’s Downfall: The Rise and Fall of an Entertainment Giant

Hollywood has been decimated by the rise of streaming. At Disney, Warner Bros. Discovery, Paramount, and Sony, profits on TV, film, and streaming went from $23 billion in 2013 to about zero in 2023. N...

3 Okt 20231h 4min

Why Americans are Losing Faith in College

Why Americans are Losing Faith in College

Twenty years ago, higher education was one of the most trusted institutions in America. Today, confidence in higher ed is falling among every demographic: young and old, men and women, Republicans and...

26 Sep 202358min

What’s So Great About Marriage?

What’s So Great About Marriage?

Since the 1970s, the General Social Survey has asked thousands of Americans the same question: “Taken all together, how would you say things are these days—would you say that you are very happy, prett...

19 Sep 202351min

Why Is It So Expensive to Build Stuff in America?

Why Is It So Expensive to Build Stuff in America?

We're in the midst of a great affordability crisis. It's not just the inflation crisis. It's a greater cost crisis of the last few decades. Everything that matters most in life—health care, housing, e...

12 Sep 202353min

Fatherhood and What Americans Get Wrong About Major Life Changes

Fatherhood and What Americans Get Wrong About Major Life Changes

Derek is back, and ... he's a new dad! After several weeks of parental leave, he talks about what's surprised him about new fatherhood. Brad Stulberg, the health and science writer, returns to the sho...

6 Sep 202347min

Experts Predicted a Recession This Year. How Were They So Wrong?

Experts Predicted a Recession This Year. How Were They So Wrong?

Today’s show is about what I consider the biggest mystery of the U.S. economy. Last year, economic experts predicted a recession in 2023 with more confidence than they’ve predicted any recession in de...

8 Aug 202336min

Why Elite College Admissions Are Biased Toward the Superrich

Why Elite College Admissions Are Biased Toward the Superrich

Less than 1 percent of college students attend Ivy League colleges and equally selective schools, like Stanford and Duke. But these schools have an outsize influence on American life. Practically ever...

1 Aug 202350min

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