The Threat of Fractional Reserve Bitcoin from Wall Street with Saifedean Ammous & Caitlin Long

Mr Obnoxious - Podcast autorstwa Peter McCormack

Kategorie:

Interview location: Skype
Interview date: Fri, 21st September 2018

Following the 2008 market crash, analysts are highlighting new risks for the global economy with rising government debt presenting a risk of a bond crash. The last 12 months have also seen a fall in the value of the local currency in countries such as Iran, Turkey and Venezuela. Data from Local Bitcoin’s highlights that in failing economies, Bitcoin is often seen as a safe haven.

Bitcoin is playing an increasingly important role in the global economy with regulators and Wall Street coming to the table.

In this episode, I talk with the author of The Bitcoin Standard, Saifedean Ammous and Wall Street veteran, Caitlin Long. We discuss:

- The state of the global economy
- Keynesian economics
- Negative interest rates
- Deregulation of the banking industry KYC/AML
- The Bank Secrecy Act
- Privacy and is it dangerous for Bitcoin
- Rehypothecation
- Fractional reserve Bitcoin
- Implications of Wall Street adoption of Bitcoin
- How the Bitcoin revolution will happen
- Cross-border payments with Bitcoin
- Liverpool winning the Premier League

-----

Connect with Saifedean:
- On Twitter @saifedean
- Website & newsletter http://saifedean.com/
- Blog https://thesaifhouse.wordpress.com/
- Read his book The Bitcoin Standard
- On Patreon (Highly Recommended)
- His research papers on SSRN
- His Udemy Course: Understanding Macroeconomics for University and Business
- On LinkedIn

Connect with Caitlin:
- On Twitter @CaitlinLong_
- Website https://caitlin-long.com/
- Forbes articles
- On LinkedIn

Articles by guests:

Saifedean:
- A Beginner’s Guide to Austrian Economics
- Economics of Bitcoin as a settlement network
- Cryptocurrencies and the functions of money
- Why Altcoins are Doomed
- The “blockchain technology” fiction
- Academic Paper on bitcoin

Caitlin:
- Blockchain, Cryptoassets & Pensions: The Coming Investment Wave
- Two Things That Don’t Mix Well: Bitcoin Rehypothecation and Chain Forks
- The “R” And “C” Words Enter the Vocabulary of Bitcoin Enthusiasts
- ICE Creating New Cryptocurrency Market: A Double-Edged Sword
- Is Financialization a Double-Edged Sword for Bitcoin and Cryptocurrencies?
- ICOs Were 45% Of IPOs In Q2 2018, As Cryptos Disrupt Investment Banks

Important links
- Book reference: When Money Dies
- Book reference: The Mystery of Banking
- Carpenter v. United States (Cell Phone Data Case)
- Senator Chuck Grassley & Dianne Feinstein Senate bill 1241
- The SEC
- The Securities Act of 1933
- The Bank Secrecy Act
- Wyre (company I reference)

Other relevant WBD podcasts:
- WBD035 - Jake Chervinsky (regulations)
- WBD034 - Riccardo Spagni (privacy)
- WBD032 - Tuur Demeester (economics)
- WBD027 - Lyn Ulbricht (role of government)
- WBD023 - Michael Sonnenshein (Wall Street & institutional investment)
- WBD022 - Erik Voorhees (KMY/AML)
- WBD021 - Jill Carlson (Market)
- WBD019 - Alejandro Machado (Venezuela use case for Bitcoin)
- WBD010 - Lyn Ulbricht (role of government)
- WBD009 - Morgan Rockwell (role of government)

-----

If you enjoy The What Bitcoin Did Podcast you can help support the show my doing the following:

Become a Patron and get access to shows early or help contribute

Leave a review on iTunes

Share the show and episodes with your friends and family

Subscribe to the newsletter on my website

Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube

If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

Visit the podcast's native language site