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)

How Americans Got Everything About Food—Fat, Sugar, and Obesity—‘Entirely Backwards’

How Americans Got Everything About Food—Fat, Sugar, and Obesity—‘Entirely Backwards’

Today’s episode is about what Americans don’t get about food—and the historical origins of our diet delusions. Our guest is Dr. David Ludwig, an endocrinologist who has researched and written on obesi...

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True or False: 10 Controversial Predictions About the Future of Streaming, Tech, and Media

True or False: 10 Controversial Predictions About the Future of Streaming, Tech, and Media

Last year was a bloodbath for media of all stripes. Netflix crashed, the advertising market cratered, Disney fired a CEOBob and replaced him with a CEOBob, and meanwhile, the domestic box office for f...

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Michael Batnick and Ben Carlson of Ritholtz Wealth Management rejoin the pod to talk about what they learned from the topsy-turvy 2022 economy and make predictions about 2023 markets. If you have ques...

4 Jan 202344min

PE Greatest Hits: Thompson and Klosterman Debate Why Society Got So Negative

PE Greatest Hits: Thompson and Klosterman Debate Why Society Got So Negative

This has been an amazing year for the show, and I’m so grateful for everybody who has listened. I’m off the last two weeks of the year but I wanted to keep something in your feed over the holidays, so...

27 Des 202249min

PE Greatest Hits: Derek and Ryen Debate the Most Impressive Sports Statistic of All Time

PE Greatest Hits: Derek and Ryen Debate the Most Impressive Sports Statistic of All Time

This has been an amazing year for the show, and I’m so grateful for everybody who has listened. I’m off the last two weeks, but I wanted to keep something in your feed over the holidays, so this week ...

20 Des 202253min

ChatGPT, Obesity Drugs, Exoplanet Images, and Medical Miracles: The Most Amazing Breakthroughs of 2022

ChatGPT, Obesity Drugs, Exoplanet Images, and Medical Miracles: The Most Amazing Breakthroughs of 2022

Derek talks to economist and writer Eli Dourado about the most exciting scientific and technological discoveries of the year, from the AI toys that everybody seems to be playing with to lesser-known b...

13 Des 202258min

Sperm Counts Are Falling All Over the World—Why?

Sperm Counts Are Falling All Over the World—Why?

In the last 50 years, average sperm counts have fallen by 50 percent. This isn’t just happening in the U.S. or Europe or Asia. It seems to be happening everywhere. If the current rate of decline conti...

9 Des 202249min

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