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 Joe Biden Lost Millennials

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The News About Shanghai’s COVID Lockdown Is Shocking. The Reality Might Be Worse.

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What’s happening in China’s largest and richest city right now is quite unbelievable. Shanghai is now several weeks into a government lockdown to stop the spread of COVID variants. In a metro with rou...

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Instant Reaction Pod! Elon Musk Offers to Buy 100 Percent of Twitter.

Instant Reaction Pod! Elon Musk Offers to Buy 100 Percent of Twitter.

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On today's show, we start with Ten Good Minutes on the extremely funny and very chaotic saga of Elon Musk vs. Twitter. Last week, Musk bought enough Twitter shares to become the company's largest indi...

12 Apr 202257min

It's Not Just You: America's Epidemic of Bad Behavior

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There is an epidemic of bad behavior sweeping the country. In 2020, homicides increased by a record-high rate. Last year, pedestrian and vehicular deaths went up by a record-high rate. There have been...

8 Apr 202241min

Why U.S. Population Growth Crashed to a Record Low

Why U.S. Population Growth Crashed to a Record Low

America has never grown at a slower pace than right now. Not only have deaths soared in the pandemic, but immigration is falling and our birth rate is near a record low, as well. Why is this happening...

5 Apr 202246min

Should You Be Afraid of TikTok?

Should You Be Afraid of TikTok?

This week, the Washington Post reported that Facebook’s parent company Meta has been paying a Republican consulting firm to slime the reputation of its social media rival TikTok. According to emails s...

1 Apr 202233min

What Is the “Don’t Say Gay” Law Really About? (Plus: The Big Disney vs. DeSantis Showdown in Florida.)

What Is the “Don’t Say Gay” Law Really About? (Plus: The Big Disney vs. DeSantis Showdown in Florida.)

On Monday, Florida Governor Ron DeSantis signed legislation that prohibits much classroom instruction about sexual orientation and gender identity. The law is called “Parental Rights in Education,” bu...

29 Mar 202245min

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