Chapter
Regulation and challenges of cryptocurrencies
35:05 - 44:55 (09:49)
In the absence of clear regulations, the challenges of cryptocurrencies like losing passwords and phone leading to loss of money, and the turf battle between the SEC and CFTC present difficulties. There is a need for joint efforts from the regulatory bodies, putting out a clear list of what each should be responsible for regulating.
Clips
The lack of regulatory clarity and negative rhetoric from Chair Gensler has created a chilling effect in the US, pushing a lot of centralized crypto activity offshore, while some challenges in the industry remain, such as losing passwords and phones with access to cryptocurrencies.
35:05 - 39:03 (03:57)
Summary
The lack of regulatory clarity and negative rhetoric from Chair Gensler has created a chilling effect in the US, pushing a lot of centralized crypto activity offshore, while some challenges in the industry remain, such as losing passwords and phones with access to cryptocurrencies.
ChapterRegulation and challenges of cryptocurrencies
EpisodeE104: FTX collapse with Coinbase CEO Brian Armstrong + election results, macro update & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
In this podcast, the host and guest discuss the best way to regulate cryptocurrencies for the interest of Americans while balancing safety, innovation, and allowing bets on currency.
39:03 - 43:35 (04:31)
Summary
In this podcast, the host and guest discuss the best way to regulate cryptocurrencies for the interest of Americans while balancing safety, innovation, and allowing bets on currency. They suggest that the CFTC and SEC should put out a clear list of their respective duties and the public should be cautious while investing in tokens.
ChapterRegulation and challenges of cryptocurrencies
EpisodeE104: FTX collapse with Coinbase CEO Brian Armstrong + election results, macro update & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Coinbase achieved a revenue of 7 billion and positive EBITDA of 4 billion in 2021, and became a public company.
43:35 - 44:55 (01:20)
Summary
Coinbase achieved a revenue of 7 billion and positive EBITDA of 4 billion in 2021, and became a public company. Despite being young and sometimes reckless, CEO Brian Armstrong is seen as a credible and competent person who did not commit fraud.