Joe Lubin makes the bull case for Ethereum amid a sea of bearishness. The panel dissects Saylor selling Bitcoin for the first time in four years, the meaning behind 9 senior EF departures, Justin Drake's Q-Day call (50% by 2032), Manuel Araoz declaring all of DeFi unsafe, the ThorChain hack fallout, the Zama/Overnight Finance USDC freeze saga, and the CFTC greenlighting the first US perpetual futures product.
Welcome to The Chopping Block — where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. This week Joe Lubin is stepping in to make the bull case for ETH on what he admits is a tough day to be bullish.
We open on Strategy's first Bitcoin sale in four years and whether the STRC preferred stock structure is "an algorithmic stablecoin with too many steps," as Tarun puts it. Joe pivots to pitching Ether DATs, then we get into the Ethereum Foundation's brain drain -- nine researchers gone, CROPS as the new mandate, and a mysterious new developer organization taking shape behind the scenes. The episode's meatiest block covers DeFi security: Justin Drake warns Q-Day is 50% likely by 2032, Manuel Araoz says all of DeFi is unsafe, ThorChain's been offline for two weeks post-hack, and the panel debates whether we're entering a rough 12-24 months where attackers outrun defenders. We close on Hyperliquid's all-time highs and the CFTC opening the door to US perps.
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.
Show highlights
🔹 Strategy sold 32 BTC for the first time in four years as STRC falls below $100 par – Tarun calls it "an algorithmic stablecoin with too many steps"
🔹 Joe Lubin pitches Ether DATs as a safer model than Strategy – ~3% staking yield, no leverage, and "permanent capital" for the ecosystem
🔹 Nine senior Ethereum Foundation members departed in 2026 including Tim Beiko and Barnabe Monnot as Vitalik reframes EF around CROPS mandate
🔹 Joe reveals SharpLink, BitMine, and ConsenSys in talks to become Ethereum's "decentralized commercialization engines" – "there's only one foundation" but new nodes are forming
🔹 Justin Drake puts Q-Day at 50% by 2032 and calls NIST's 2035 timeline "a joke" after Google's quantum circuit breakthrough
🔹 Crowdsourced reverse engineering of Google's withheld quantum circuit improved results 12-13% using LLMs as a grinding tool
🔹 OpenZeppelin co-founder Manuel Araoz declares all of DeFi unsafe and advises friends and family to exit Aave, MakerDAO, and Compound
🔹 ThorChain remains offline two weeks after $10.8M hack – claims they disclosed the same vulnerability 17 days before the exploit
🔹 Zama's cUSDC contract frozen by Circle via court order in Overnight Finance dispute, highlighting privacy protocol limitations on freezable stablecoins
🔹 Hyperliquid hits $75 and flips Solana in FDV as CFTC approves Kalshi's BTCPERP – the first regulated US perpetual futures product
Hosts
⭐️Haseeb Qureshi, Managing Partner at Dragonfly
⭐️Tarun Chitra, Managing Partner at Robot Ventures
⭐️Tom Schmidt, General Partner at Dragonfly
Guest
⭐️Joe Lubin, Co-Founder of Ethereum, Founder & CEO of ConsenSys
Timestamps
00:00 Intro
01:06 Saylor Sells BTC & Market Panic
05:07 STRC Death Spiral & DAT Risks
07:07 Ethereum Foundation Exodus & CROPS
13:04 The "Not Second Foundation" Debate
17:58 Quantum Q-Day: 50% by 2032
23:47 Is All of DeFi Unsafe?
31:11 ZK Composability & Bridge-Free Architecture
34:19 Security Deployment Lag & AI Arms Race
40:18 Anti-Fragility & Formal Verification
47:36 Zama USDC Freeze & Privacy vs Courts
50:33 CFTC Perps Approval & Hyperliquid at $75
55:53 Hyperliquid's Distribution Flywheel
01:00:46 Joe Lubin's Ethereum Bull Case
Disclosures
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On the 10th anniversary of Ethereum's genesis block, we sit down with Joe Lubin, Ethereum co-founder and CEO of ConsenSys, for an exclusive deep dive into the past, present, and future of the Ethereum ecosystem. From the concept of 'digital oil' to Ethereum's role as the foundation of a decentralized global economy, Joe shares his vision for the next decade of blockchain innovation. Tune in to hear his thoughts on staking strategies, the rise of DeFi, and why Ethereum is poised to become the substrate for the world's financial system.
Chapters
00:00 Introduction – Setting the stage for Ethereum’s 10th anniversary.
01:00 Joe Lubin’s Vision – Ethereum as civilization-scale infrastructure.
02:19 Staking Strategies – Insights into ConsenSys’ ETH accumulation and staking.
05:08 Overcoming Challenges – Scalability, usability, and regulatory hurdles.
10:08 Decentralized Stablecoins – The need for ETH and BTC to support DeFi growth.
15:11 DeFi and TradFi Convergence – How Ethereum is reshaping finance.
22:08 Ethereum’s Role in the Global Economy – Becoming the substrate for trust.
30:00 Multi-Chain Future – Why Ethereum will remain foundational.
40:00 The Next Decade – Joe’s predictions for Ethereum’s growth and impact.
45:00 Closing Thoughts – Celebrating Ethereum’s 10th birthday.
Recorded live at the Permissionless IV conference, this conversation dives into Ethereum’s strategy to win over Wall Street.
Danny Ryan discusses how Etherealize is advising financial institutions to leverage Ethereum’s decentralization, resilience, and credible neutrality, while Joe Lubin explains why ConsenSys is taking a direct approach by accumulating ETH on Sharplink Gaming’s balance sheet, similar to MicroStrategy with Bitcoin.
Together, they unpack Ethereum’s strengths, institutional adoption strategies, and what it will take for Ethereum to become the foundation of the next-generation financial system.
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TIMESTAMPS
0:00 Intro
3:11 Ethereum's Evolution & Challenges
7:54 Regulatory Tensions & SEC Scrutiny
11:02 Ethereum's Resilience Against Regulation
14:47 Bridging TradFi & Decentralization
16:06 Institutional Adoption of Ethereum
17:19 Ethereum's Path Forward
21:51 Building for the Future
23:40 The Call for Problem Solving
24:41 Ethereum's Leadership Dynamics
33:25 Taking Ethereum to Wall Street
35:17 The Future of SBET & Ether
------
RESOURCES
Joe Lubin
https://x.com/ethereumjoseph
Danny Ryan
https://x.com/dannyryan
Permissionless IV
https://blockworks.co/event/permissionless
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Joe Lubin returns to Bankless to break down his latest bold move—launching SBET, a publicly traded vehicle designed to accumulate and deploy Ether as a strategic treasury asset.
We unpack whether Lubin is stepping into the Michael Saylor role for Ethereum, how SBET might outperform Bitcoin-backed models, and why ETH is poised for a monetary renaissance. From regulatory wins to Ethereum’s evolving narrative on Wall Street, this episode explores how ETH can become a multi-trillion-dollar asset and a dominant store of value in the next economic supercycle.
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------
TIMESTAMPS
0:00 Intro
0:38 Getting Sued by The SEC
7:55 $SBET
16:32 The Michael Saylor of ETH
23:25 $SBET (ETH) vs $MSTR (BTC)
27:16 Valuing ETH
28:30 Wall Street Narratives
30:52 ETH’s Performance
36:53 ETH as Collateral
40:07 Onboarding Others
46:52 ETH as SoV
49:18 What ETH Needs
50:52 Joining Forces
53:08 ETH’s Sentiment Shift
56:53 Genius Act
58:44 Closing & Disclaimers
------
RESOURCES
Joe Lubin
https://x.com/ethereumJoseph
SharpLink Gaming ($SBET)
https://www.sharplink.com/
Consensys
https://consensys.io/
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Joe Lubin, co-founder of Ethereum and Consensys, explores the evolution of blockchain technology and the expanding role of the Ethereum ecosystem in this episode. He discusses Consensys' pivotal work in building foundational infrastructure, such as MetaMask and Infura, while outlining the strategic direction for future applications and decentralized technologies. Joe delves into Layer 2 solutions, regulatory challenges with the SEC, and the broader implications for the industry. He offers a forward-looking perspective on the maturation of Ethereum, emphasizing scalability, decentralization, and the development of Web3.
0:00 - Evolution of Consensys
3:00 - Growth of Ethereum Infrastructure
6:30 - Scaling Ethereum & Layer 2 Solutions
9:00 - Joe Lubin's Beliefs
11:00 - Regulatory Challenges & SEC Lawsuit
14:30 - Future of Ethereum & Regulation
18:00 - Decentralizing Consensys and Network States
21:30 - Ethereum's Layer 1 & Layer 2 Architecture
28:00 - Impact of Layer 2 on Ethereum Mainnet
36:00 - Transitioning Products to On-chain Governance
39:00 - Network States and Decentralization
43:00 - Preparing for the Next Wave of Applications
This episode was sponsored by:
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Last week, Consensys revealed that the SEC had concluded an investigation into Ethereum 2.0, referring to when Ethereum transitioned from a proof-of-work consensus mechanism to a proof-of-stake one.
In this episode, Laura Brookover, senior counsel & head of litigation and investigations at Consensys, and Sam Enzer, partner at Cahill Gordon & Reindel, explore the implications of this decision on Ether’s status as a commodity versus a security, and why the SEC dropped the pursuit, including whether the shifting political winds played a role. For instance, how much of the decision was influenced by the ETH ETF approvals, Democrats crossing party lines to vote for FIT21 and the repeal of SAB 121, and/or SEC crypto enforcement chief David Hirsch’s resignation?
In this discussion, they also explained why the closure doesn’t necessarily mean that staking, or restaking, is safe from the SEC. Plus, what’s the impact of this closure on the other big crypto cases, such as Coinbase, Kraken, Uniswap, and Ripple?
Show highlights:
02:13 How Consensys managed to get the SEC to reveal that it had concluded its investigation into Ethereum 2.0, and the significance of that move
08:14 The SEC's possible reasoning behind investigating Ethereum after it had switched to proof of stake
15:19 How uncommon is it for the SEC to send a letter concluding an investigation like the one into Ethereum
18:45 Whether recent events around crypto as an election issue, the ETH ETF approvals, votes for FIT21 and the repeal of SAB121, and David Hirsch’s resignation, might be connected to the decision to close this investigation
29:03 Whether the Biden administration has shifted its stance on crypto and whether Gensler should remain as chair
33:24 How the SEC might still go after staking
37:18 Whether restaking, such as pioneered by EigenLayer, is safe from regulatory actions
39:13 Why the SEC might be pursuing different judgments in various jurisdictions for MetaMask and Coinbase Wallet
44:24 What crucial evidence from the closed Ethereum 2.0 investigation could strengthen Coinbase's defense in its ongoing lawsuit
47:58 Why the SEC's aggressive stance on various crypto enforcement actions seems to remain unchanged despite closing the Ethereum 2.0 investigation
52:13 Why Sam and Laura believe Solana should not be considered a security, despite the SEC naming it as such in various crypto cases
58:13 How the SEC’s argument about an “ecosystem” is nonsensical, according to Laura Brookover
01:00:31 What the implications of the closed investigation are for the cases of Kraken and Ripple
01:04:58 What Sam and Laura B. are watching out for in terms of regulation and ongoing legal cases
Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com
Thank you to our sponsors!
Polkadot
Guests:
Laura Brookover, Senior Counsel & Head of Litigation and Investigations at Consensys
Previous appearance on Unchained: Consensys’s Lawsuit Against The SEC: Will It End Gensler's ‘Unlawful Power Grab’?
Sam Enzer, Partner at Cahill Gordon & Reindel
Previous appearances on Unchained:
The Real Reason Why the SEC Might Be Going After Ethereum
How 'a Criminal Choice' Got Sam Bankman-Fried a 25-Year Prison Sentence
Why the SEC’s Case Against Coinbase Is So Significant for Crypto
Why SBF’s Testimony So Far Has Likely Already Doomed Him
Another Bad Week for Sam Bankman-Fried in His Criminal Trial
Why These Lawyers Say It’s Over for SBF-But His Only Hail Mary Is to Testify
SBF Trial: How Sam Bankman-Fried’s Lawyers Might Try and Win His Case
SBF’s Lawyers Could Be Annoying the Judge How Might That Impact the Trial?
For more links visit UnchainedCrypto.com
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“The U.S. is trying to disconnect from Ethereum," that’s what Joe Lubin the CEO of Consensys said in today’s conversation. He was talking about those in power trying to unplug Ethereum from the citizens.
The SEC is going after Kraken, Coinbase, Uniswap and Metamask. They’re trying to turn every non-custodial wallet into a broker-dealer.
We brought on Joe Lubin, a crypto OG and CEO of Consensys the company behind a number of massive crypto projects including the popular Metamask wallet, and Matt Corva, the General Counsel at Consensys, leading the charge against the SEC
Joe and Matt are producing evidence that the SEC is coming after Ethereum itself. Sending discovery requests to Ethereum core developers, threatening their employers - pushing a coordinated effort to claim Ether is a security so they can control it.
So Consensys is taking them to court to settle the issue. If they’re successful it’ll be the first time we get a clear court ruling that Ether is a commodity and not a security.
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------ TIMESTAMPS
0:00 Intro 6:35 SEC vs. Ethereum 9:45 The Uniqueness of This Case 11:15 88,000 Pages to the SEC 12:11 SEC Going After Devs? 14:47 The Wells Notice 16:27 ETH ETF 17:58 Outcome of Consensys Winning 21:29 U.S. Law Process & Timeline 25:55 Ether Isn’t a Security 34:50 Gary’s Confidence Conspiracy 41:17 MetaMask Isn’t a Broker Dealer 47:10 What is Prometheum? 51:10 How Can the SEC Win? What Happens to Crypto? 55:49 What the Crypto Community Can Do 59:50 What Happens Next? 1:03:15 Closing & Disclaimers
------ RESOURCES
Consensys Complaint https://consensys.io/crypto-regulations/defend-ethereum https://assets.ctfassets.net/gjyjx7gst9lo/Bu1bK7DF3tSig9Atde0lM/2fcaadea2b111a8c3f3ebce4a6a2386c/Consensys_sues_the_SEC_in_defense_of_the_Ethereum_ecosystem.pdf
Joe Lubin https://twitter.com/ethereumjoseph
Matt Corva https://twitter.com/MattCorva
------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures
If the SEC wants to appeal last week’s judgment in the Ripple case, it better act fast. So says Bill Hughes, regulatory chief at Ethereum booster ConsenSys and one of the many crypto policy pros assessing the ramifications of U.S. district judge Analisa Torres’ decision. The regulatory agency’s decision to appeal hinges on a number of factors, Hughes says, including that this Supreme Court will likely be unkind to SEC Chair Gary Gensler’s interpretation of how to regulate crypto. But of course, a political calculus is also in play, and suddenly U.S. lawmakers have a slew of crypto bills and amendments to choose from. How will it play out?
Show highlights:
whether the SEC is going to appeal the recent Ripple ruling and whether Judge Analisa Torres would allow it
what the risks are for the SEC of taking the case to the Second Circuit
why Bill believes that the SEC’s chances are not good at the Supreme Court
what the motivation is behind the new DeFi bill in the U.S. Senate
how that bill would impact the different stakeholders in a DeFi project
why the crypto community should put its focus on the stablecoin and market structure bills first, according to Bill
how the SEC has been dropping lawsuits days prior to Congressional debates about crypto
Thank you to our sponsors!
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Guest
Bill Hughes, senior counsel and director of global regulatory matters at ConsenSys.
Links
Previous coverage of Unchained on the Ripple case:
Why the SEC vs. Ripple Order Is Now About 2 Things: Coinbase and Congress
New Order in SEC vs. Ripple Over XRP Is a Win for Crypto: What Happens Now?
The Chopping Block: Should XRP Holders Really Be Rejoicing?
The SEC's Lawsuit Against Ripple and 2 Execs: What You Need to Know
Ripple's XRP: Why Its Chances of Success Are Low
CoinDesk: Ripple's Legal Win Means It's Time for Crypto to Stand Up to the SEC
Unchained:
U.S. Senate Bill Calls for Strict KYC and AML Regulations for DeFi
SEC vs Ripple: Judge Rules XRP Sold on Exchanges Is Not a Security
Bill’s thread on the Lummis-Gillibrand amendment
S.Amdt.712 to S.2226 - 118th Congress (2023-2024)
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Nicolas Liochon is the Global Lead for Linea, which is a new zkEVM rollup by Consensys. Rollups play a crucial role in scaling Ethereum as they reduce computational load on the main network by processing transactions off-chain. The two prominent rollups currently available on Ethereum are ZK Rollups and Optimistic Rollups, and Linea is the latest ZK Rollup to launch.
In our conversation, we will explore how Linea sets itself apart in the already highly competitive Ethereum Layer 2 landscape. But first, we will begin our conversation with an introduction to Linea.
Neal Gorevic is the Chief Marketing Officer at ConsenSys, which drives Ethereum ecosystem development. ConsenSys is behind key pieces of Ethereum infrastructure, including Metamask and Infura. In today's podcast, Neal discusses his transition from web2 marketing at Spotify, to web3 marketing. He goes into why ConsenSys is rebranding and provides insights into the strategic vision for the company. But first, we begin our conversation with an introduction on why Neal decided to make the jump to crypto.
Thanking our podcast sponsors:
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This week on The Defiant Podcast we speak with Ben Edgington, the product owner of Teku, an Ethereum 2.0 client being developed at Consensys.
It’s been a week since Ethereum switched from Proof-of-Work (PoW) to Proof-of-Stake (PoS) and Ben has been heavily involved in the process. We start our conversation by taking a look at the aftermath of the Merge.
One of the biggest criticisms of The Merge was that Ethereum under PoS would become centralized. Proof-of-stake enables individuals to delegate their ETH to entities that stake on their behalf, as running a node might be inconvenient or infeasible. We discuss how roughly half of the staked Ether is held by a handful of validators and what Ben thinks about this.
Finally, Ben shares his thoughts on the future of Ethereum and what comes next, now that the Merge is complete.
🙏 Thanking our podcast sponsors:
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After years of anticipation and development, the Ethereum blockchain is finally on the verge of transitioning its consensus mechanism from proof-of-work to a more energy-efficient mechanism known as proof-of-stake.
According to a blog post from The Ethereum Foundation, switching the consensus mechanism of the blockchain is like changing the engine of a spaceship, and in just a few days, it will be “time to hot-swap the new engine for the old mid-flight.”
In this special Ethereum Merge edition of The Scoop, Lex Sokolin, head economist at leading Ethereum development company ConsenSys, examines the implications of Ethereum’s Merge for the future of the network. During the discussion, Sokolin explains why the switch will help improve the reputation of web3 outside of the crypto space — particularly with those who prefer ESG investments.
A long-standing criticism of cryptocurrency technology singles out the amount of energy required to power the underlying blockchains. According to Sokolin, the fact that Ethereum is set to reduce its energy consumption by roughly 99.95% will help alleviate this concern:
“I think removing the objection around ESG is very meaningful because it does change culturally some of the value proposition of Ethereum to those communities who take really seriously these issues around electricity consumption and impact.”
By removing ESG concerns, Sokolin hopes more people in the world will be able to see the potential for web3 technology, without having to worry about negative externalities.
As Sokolin explains,
“A lot of how people align with web3 and crypto is through idealistic storytelling about what the world could be, and it's really important to be open minded and have a kind of hope for what new platforms can create.”
Episode 84 of Season 4 of The Scoop was recorded remotely with The Block's Tim Copeland and ConsenSys Head Economist Lex Sokolin.
Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com.
This episode is brought to you by our sponsors Tron, Chainalysis & IWC Schaffhausen
About Tron
On August 1st, 2022, Poloniex launched a faster and more stable trading system along with a brand new user interface. Poloniex was founded in January 2014 as a global cryptocurrency trading platform. With its world-class service and security, it received funding in 2019 from renowned investors, including H.E. Justin Sun, Founder of TRON. Poloniex supports spot and margin trading as well as leveraged tokens. Its services are available to users in nearly 100 countries and regions with various languages available. For more information visit Poloniex.com.
About Chainalysis
Chainalysis is the leading blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 60 countries. Backed by Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com.
About IWC Schaffhausen
IWC Schaffhausen is a Swiss luxury watch manufacturer based in Schaffhausen, Switzerland. Known for its unique engineering approach to watchmaking, IWC combines the best of human craftsmanship and creativity with cutting-edge technology and processes. With collections like the Portugieser and the Pilot’s Watches, the brand covers the whole spectrum from elegant timepieces to sports watches. For more information, visit IWC.com.
ConsenSys wants major financial groups to jump into the world of decentralized finance -- and believes MetaMask Institutional can serve as a gateway for such firms.
While most listeners are likely familiar with MetaMask, the DeFi wallet that boasts millions of monthly users, MetaMask Institutional (MMI) is a new initiative within ConsenSys focused on providing institutional access to DeFi. Already, the firm counts several large multi-billion dollar crypto-native and traditional funds among its clients, according to Johann Bornman, the initiative's product lead.
For bigger investment firms, interest in DeFi centers around exposure to higher yields from lending protocols like Aave or Compound.
“Some of them are very active in terms of their yield fund strategies and their yield farming strategies,” Bornman explained during a new episode of The Scoop podcast. “But on average, if you're talking about these larger hedge funds and pension funds that you mentioned and also some of the larger crypto funds, on average, you're seeing them sort of dip their toe into the space.”
Bornman added:
“And this might entail minting assets or lending assets on Compound and Aave or using some of the most well-known protocols in the space."
Episode 48 of Season 3 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Johann Bornman, product lead for MetaMask Institutional at Consensys.
Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com.
This episode is brought to you by our sponsors Eventus, Kraken, and Exodus
Eventus is the leading global provider of multi-asset class trade surveillance, transaction monitoring and market risk solutions. Eventus offers a powerful, award-winning trade surveillance platform that is easy to deploy, customize and operate. Eventus is proven in the most complex, high-volume and real-time environments and supports many of the industry’s leading crypto exchanges including Coinbase, Gemini, ErisX and OSL. The company’s rapidly growing client base relies on Eventus’ responsive support and product development teams to overcome its most pressing regulatory challenges.
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My guest today is Joe Lubin, Co-Founder of Ethereum and CEO and Founder of ConsenSys.
On this episode of Empire, we discuss where Bitcoin falls short, Joe leaving Wall Street for Crypto, founding Ethereum and ConsenSys, why forks can be good for progress, and Joe's real motivators.
–––
Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like Empire, visit http://blockworks.co/podcasts.
Follow me on Twitter @JasonYanowitz and let me know what you thought of the show!
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SotN #33: Joseph Lubin on CME ETH Futures (Future of ETH, 2021 Bull Run, Consensys)
We bring Joseph Lubin, co-founder of Ethereum and founder of Consensys, to the Bankless State of the Nation. We do a deep dive into the story of Ethereum, the joint futures of ETH and Consensys, and the current crypto Bull Market.
Topics Covered: -The Story of ETH -CME Futures -ETH's roadmap with Proof-of-Stake and EIP1559 -2021 Bull Run -Future of Consensys
------ Relevant Links:
Joseph on Twitter https://twitter.com/ethereumJoseph?s=20
Consensys https://consensys.net/
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----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
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This panel, from a panel for the fifth anniversary of Hyperledger, features Rob Palatnick, managing director of global head of technology research and innovation at the DTCC and chairman of the Hyperledger board, Matthieu Saint Olive, Codefi payments product manager and CBDC advisor at ConsenSys, and Robert Bench, assistant vice president at the Federal Reserve Bank of Boston. In this discussion on the current outlook on central bank digital currencies (CBDCs), they cover:
what main problems CBDCs can solve
whether CBDCs should be open sourced
why building a new technology for CBDCs is preferred over using existing tech
how concerns over CBDCs and their privacy implications differ across countries
what possible pain points or opportunities CBDCs pose for central banks
whether CBDCs should be blockchain-based
to what extent CBDCs will be distributed and open networks, and whether fees would be charged for transactions
how central banks are thinking about methods of adoption, like whether they will bank directly with retail customers or still use commercial banks
how developers balance the drawbacks and benefits of blockchain-based CBDCs with different stakeholders
whether stable coins will be replaced by or coexist with CBDCs
and what the future holds for the continued development of CBDCs
Thank you to our sponsors!
Crypto.com: http://crypto.com
1inch: http://1inch.exchange
Episode links:
Rob Palatnick: https://www.dtcc.com/our-experts/robert-palatnick
Brian Behlendorf: https://twitter.com/brianbehlendorf?lang=en
Matthieu Saint Olive: https://twitter.com/msaintolive?lang=en
Robert Bench: https://www.bostonfed.org/home/people/bank/robert-bench.aspx
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It’s been an interesting time for the stablecoin market.
Total stablecoin issuance recently surpassed $10 billion, according to data compiled by The Block Research. Meanwhile, the discussion of Facebook’s Libra has taken on interesting new dimensions of late. Lex Sokolin, a former research analyst and the current global co-head of fintech at Consensys, has been paying close attention to these developments.
In this episode of The Scoop, which was recorded prior to the Libra Association announcement of its new CEO, we dive into its shift to a multi-currency model. We also dig into:
Whether Libra’s massive network and cash pile will suck the life out of other open-source initiatives
Why a regulated approach to digital assets might have an easier time surviving and thriving
Is the stablecoin market overhyped right now?
How developments in the fintech ecosystem may have an impact on business models in the cryptocurrency market
This episode of The Scoop is brought to you by Bitstamp, the original global cryptocurrency exchange. Since 2011, Bitstamp has been a cornerstone of the industry, earning the trust of over four million individuals and top financial institutions looking for a reliable trading venue. Whether you’re trading on our web platform, mobile app or industry-leading APIs, Bitstamp gives you the professional-grade tools you need to execute your strategy. Download the Bitstamp app or visit Bitstamp.net/Pro to learn more and start trading today!
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The value of PAX Gold is always tied directly to the real-time market value of gold.PAXG is an ERC-20 token on Ethereum, and can easily be moved or traded anywhere in the world, 24/7. With PAXG, anyone can now own a fraction of an LBMA-accredited London Good Delivery gold bar with zero storage fees. Trade it today on leading exchanges like Kraken, FTX and itBit. Or, earn interest on your PAX Gold holdings through Nexo or Crypto.com. Learn more or purchase PAX Gold at paxos.com/paxgold
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Tired of having your friends and family say cryptocurrencies are a Ponzi scheme, nothing backs them, they're in a bubble and only criminals use them? In this episode, Amanda Gutterman, chief marketing officer of ConsenSys, and Jamie Smith, global chief communications officer of Bitfury, tackle every common misconception of Bitcoin, Ethereum and cryptocurrencies. This is an episode you'll want your friends and family to listen to. Plus: Gutterman and Smith talk about how they did the seemingly impossible: create gender-balanced crypto conferences.
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