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

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Should We Cancel Student Debt?

Should We Cancel Student Debt?

Americans owe $1.7 trillion in student loans, and some Democrats think the time has come to cancel this burden. Derek shares 10 big student-loan facts that shape the debate. Then Jordan Weissmann of S...

28 Jan 202237min

Crypto Crashing, Pandemic Stocks Plunging: The Story Behind January’s Crazy Stock Market

Crypto Crashing, Pandemic Stocks Plunging: The Story Behind January’s Crazy Stock Market

Morgan Housel, the bestselling author of ‘The Psychology of Money’ and a partner at Collaborative Fund, is back to talk Bitcoin, Peloton, tech stocks, financial media myths, the psychology of stock ma...

25 Jan 202244min

2022 Is Off to a Terrible Start for Democrats

2022 Is Off to a Terrible Start for Democrats

Legendary journalist James Fallows joins to discuss the filibuster wars, Democrats’ Voting Rights Act, the political outlook for Joe Biden and the Democrats, and the media’s negativity bias (as exempl...

21 Jan 202241min

The Biggest Losers of the Streaming Wars: ESPN, Movie Theaters, Peacock, and More

The Biggest Losers of the Streaming Wars: ESPN, Movie Theaters, Peacock, and More

Do movie theaters have a future? What should Disney do with ESPN? And is anybody watching Peacock? Derek’s favorite entertainment-media analyst Rich Greenfield joins the pod to talk about the future o...

18 Jan 202249min

Everybody Was Wrong About Inflation

Everybody Was Wrong About Inflation

Okay, almost everybody. The Biden administration was wrong. Many critics of the Biden administration were also wrong. The Federal Reserve was wrong. Investors were wrong. Banks were wrong. And Bitcoin...

14 Jan 202243min

Omicron: Feelings vs. Facts

Omicron: Feelings vs. Facts

Derek talks about the rise of the "Vaxxed and Done" movement before reviewing the latest omicron data with John Burn-Murdoch, data superstar at the Financial Times. Host: Derek Thompson Guest: John Bu...

11 Jan 202236min

The Biggest Inventions of the 2020s: Cancer Vaccines, Flying Cars, Space Travel, and More

The Biggest Inventions of the 2020s: Cancer Vaccines, Flying Cars, Space Travel, and More

Let’s kick off the new year with a bit of techno-optimism! After a miserable start to this decade, we can still have a Roaring Twenties. In this episode, ‘Plain English’ presents a tour of the frontie...

7 Jan 202254min

The Four Ways That America Is Polarizing

The Four Ways That America Is Polarizing

David Frum joins Derek to talk about rising and falling polarization by race, gender, education, and place—and what it tells us about America's strange new politics. Host: Derek Thompson Guest: David ...

28 Dec 202138min

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